I recently heard a way of thinking I hadn’t heard of before.
Explore versus Exploit.
In this blog, I will workshop scenarios around whether we ‘explore’ an activity or whether we ‘exploit’ an activity.
Prior to the pandemic, an ever-shrinking world was evolving behind the digital curtain. Phone conversations were replaced by texts, while texts were replaced by likes and emojis.
Post-pandemic we saw this accelerate through Zoom meetings and virtual relationships. Working from home created even greater separation within our traditional workplaces.
So many people from all walks of life have commented to me on the reduction, or even absence of human connection. Social catch ups, work meetings, business development meetings and general interaction in person have dramatically reduced.
It got me thinking on how we stay connected.
Us humans fundamentally are herd animals.
How do we stay connected in an ever-increasing virtual world?
Recently I have commentated on mental health and burnout in relation to business-owners and their teams.
Overwork is where an employee works beyond their capacity. This may be voluntarily, implicitly (through cultural expectations) or explicitly (requested). Overwork blurs the line between working hours and private hours.
Overwork typically presents as significantly extended working hours over a working week. This can include bleeding into day and night as well as 7-day working weeks. Symptoms of employees suffering overwork can be exhaustion, stress, depression, anxiety, sleep disorders, poor diet, extreme behaviour, infidelity, drug and alcohol abuse. Overall, overwork leads to a loss of self, personal relationships, hobbies and interests.
In extreme cases, overwork has led to death as strung-out workers can’t keep pace with the expectations of perceived work deliverables.
In this blog, I explore the issue of overwork which has presented itself in a new form within post-Covid virtual and hybrid workplaces.
One of the challenges private business owners face, is how to tackle their pricing. This heightens in the inflationary environment we now face.
The starting point for a sound pricing strategy is to review your pricing annually.
In this blog, I share some key insights on the ways in which I optimize pricing for my clients.