When publishing its Outrageous Predictions, Saxo Bank emphasizes that this paper is not an official bank forecast for investors and other market participants. However, the bank does not exclude that “many investors may be mistaken in evaluating probability of occurrence of the above-mentioned events as negligible.” Saxo Bank does not exclude that the ECB could make a sharp turn and abandon the...

We all have faced many crises in life. Sometimes a personal turning point or problems in business cause unbearable pain. You may feel overwhelmed, confused and depressed and not know what to do. According to John Chambers, CEO of Cisco, the largest corporation in the world, successful leaders are more a product of fails and victories than of victory. How to behave in a crisis? Keep calm One...

We organize meetings to solve problems, generate ideas, and monitor the progress of the project. But often we get the opposite effect: lost time (and sometimes money), fatigue, uncertainty. So, how to conduct work meetings anyway? Do you really need a meeting? The first argument is not in favor of meetings: egoists love them. There is an audience that is going to listen. There, you can rise...

Psychologist Frederick Herzberg, one of the pioneers in the field of human resources management and management theory, is known for his idea of expanding professional responsibilities, as well as for his proposed two-factor motivation theory. He and his colleagues tried to find out what people like about their work and what they don't. The authors concluded that in order to understand employees'...

Meetings are often considered a waste of time or unbearably boring. However, the problem is not in their very idea, but in how they are carried out. First of all, a meeting needs a leader who will understand intricacies of the issue. The main trap for meeting organizers is forgetting how different they are. Not all meetings should be held the same. The reason many meetings are boring for 90% of...

So, you have decided that it’s time to move on and change your job (or employee). Whoever you are - an employee or a manager - you are probably uncomfortable with dismissal. Anyone who has worked with a good team understands how close relationships within the team can be. You are comrades in arms. Together you resist absurd deadlines, nervous clients and narcissists. The team is your second...

Here’s an advice that will be useful to everyone: find the courage to ask questions and voice your true desires. Express your thoughts clearly to avoid misunderstandings. This alone can completely change your life. Now let’s talk about the same, but with reference to leaders. People change, and sometimes it’s hard to understand why a previously inspired employee has now lost motivation or why a...

Leaders know that delegation is necessary. It helps to relieve part of the load, focus on management and strategy. It is also an effective tool for employee development and team building. Therefore, it is very important to build the process correctly. Delegation is the transfer of tasks, authority for their implementation and responsibility for the result. An important component of this is the...

We manage projects working independently or managing a team. But what makes a project successful and how can project managers achieve their goals? 1. Take your tasks easy The easier you perceive your tasks, the more efficient and focused your work is. Such a view will help find more examples and lessons from history and modern industries, borrow them, find similarities or differences. This is...