November 13, 2006
NEWS This Fund Is Making a BundleA securities filing by a $26 billion investment company provides a rare peek behind the curtain of secrecy that typically governs the world of alternative investments. Late Wednesday, the Fortress Investment Group filed to sell $750 million worth of shares to the public, valuing the company at $7.5 billion. Source: The New York Times Fed's Bernanke: Money Supply "Unstable" ForecasterThe U.S. Federal Reserve continues to monitor money supply gauges for clues on the economy even though the measures are no longer reliable as forecasting tools for economic growth or inflation, Fed Chairman Ben Bernanke said on Friday. Source: Reuters
WHITE PAPERS - Management Fundaments Do You Know When To Delegate? Managers have come under increasing pressure to generate measurable results faster than ever. And as one expert maintains, some managers fear being viewed during tough economic times as unimportant or unnecessary if they delegate more to employees. They assume that there's only so much power and authority to go around and jealously guard their own. New managers-promoted for their stellar performance as individual contributors-can find delegating especially challenging because they've scored major successes by handling problems themselves. This article proposes five techniques to help you know how, and when, to delegate. Coaching Techniques for Dealing with UnderperformersThis article outlines an approach to help motivate employees who aren't getting the job done. The secret is to give effective feedback on a regular basis, link that feedback to a 6-12 month coaching plan, link individual coaching plans to your company's performance review process, and, if the situation warrants, link that to progressive discipline. Why Your Employees Are Losing MotivationThe great majority of employees are quite enthusiastic when they start a new job. But in about 85 percent of companies, research finds, employees' morale sharply declines after their first six months - and continues to deteriorate for years afterward. The fault lies squarely at the feet of management - both the policies and procedures companies employ in managing their workforces and in the relationships that individual managers establish with their direct reports. To maintain the enthusiasm employees bring to their jobs initially, management must understand the three sets of goals that the great majority of workers seek from their work-and then satisfy those goals.
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