TALKING POLITICS? WSJ TOOL QUOTES POTUS, VP CANDIDATES [1]

Sarah Scire in a blog for the Nieman Journalism Lab explains how Talk 2020, a journalism tool at the Wall Street Journal, can help anyone looking for primary sources of political statements. Click for article

Hacking the Eisenhower Matrix [2]

"If you’ve ever faced a mounting list of to-dos, chances are you’ve tried using an 'Eisenhower Box' — a matrix that helps you determine what’s urgent and truly important," according to a Nobl article. "As the story goes, the celebrated military hero and U.S. president was so darn effective because he used this tool to ruthlessly prioritize." Click for article

Q4 PEI Journal is Live [3]

PEI CONVENTION Scratch Las Vegas 2020 ... PEI Convention Goes Virtual Virtual Exhibitor Guide FROM THE EDITORNever Stop LearningPRESIDENT'S LETTERMay Your 2021 be Less "Interesting"GUEST COLUMNGet Smart About ATG InvestmentSAFE PRACTICESHow to Get Past Crisis FatigueMEMBER PROFILE Fommor SA PERFIL PEI EN ESPAÑOL: Fommor SA How to Set Latin America's Eyes on the FutureAvoid AST Installation Mistakes 2.0Diesel Corrosion Study UpdateA Recent E15 TimelineIndustry NewsProduct/Technology ShowcaseNew PEI Members

SUPERVISORS MAKE OR BREAK EMPLOYEE JOB SATISFACTION [4]

An article from McKinsey & Co. states businesses that seek external social contributions should look in the mirror. Improving workers' job satisfaction, according to the article, could be the most important thing businesses do. It's a defining moment. How can companies conserve cash and aggressively restructure? Simply keeping employees happy can boost profitability and enhance organizational health. Click for article

Expiring vs. Permanent Skills [5]

Morgan Housel writes that there are two kinds of skills: expiring and permanent. Expiring skills are vital at a given time, yet prone to diminishing as technology improves and fields evolve. Permanent skills were as essential 100 years ago as they will be in 100 years. At least eight permanent skills apply to many fields. Click for article

How to Be a Superboss: Hire Most Talented, Push Constant Learning [6]

Nurturing talent will help companies survive the global COVID-19 pandemic, according to Peter Cappelli and Sydney Finkelstein. Cappelli, a professor of management at The Wharton School at the University of Pennsylvania, and Finkelstein, a professor of management at the Tuck School of Business at Dartmouth College, recently recorded a podcast on superbosses. The key, they said, is finding the best talent, then pushing them to continue learning and hitting goals. Click for podcast and transcript

PREVENTING FUTURE WAVES OF COVID-19 [7]

An Aug. 31 McKinsey & Co. executive briefing explores key lessons learned during the first seven months of the COVID-19 pandemic and how to apply them. Because businesses are taking on crisis response in numerous countries, many of the ideas are as relevant to private-sector leaders as to those in the public sector, according to the article. Interventions within the briefing are divided into three categories: Detecting disease Reducing the number of new cases Limiting mortality Click for article

Leadership Tip: Find Your Trusted Dissenter [8]

Receptivity to challenge from someone with a different viewpoint helps leaders reexamine their perspectives and validate their choices, writes Alaina Love for SmartBrief. Love writes of a study by Taly Reich of Yale University and Sam Maglio of the University of Toronto. The pair studied how leaders stubbornly defend a choice based on whether they made that choice rationally or emotionally. Reich and Maglio set up seven experiments and repeatedly found that the choices study participants were most likely to unwaveringly defend were choices where emotion or gut instinct drove the decision. "Further," Love writes, "they stubbornly defended and clung to those wrong choices and found a way to feel good about their decisions. One of the ways in which they did so was by questioning the competency of the individuals who provided proof of their mistake." Click for article

How to Do Design Thinking Better [9]

Experts from the Kellogg School of Management at Northwestern University and IDEO explain the psychology behind design thinking, a creative approach to problem-solving. The design-thinking approach loosely follows a four-step process that involves observing a problem, reframing it, designing solutions and testing them. The goal of design thinking is to improve how humans experience a product or service. Look for the gorilla. Ask a question no one else is asking. Encourage outlandish brainstorming. Fail faster. Learn sooner. Click for article

COVID-19: OUTMANEUVER UNCERTAINTY IN FUEL, CONVENIENCE RETAIL [10]

Two main factors are accelerating disruption within the fuels and convenience retail industry, according to an Accenture report, "COVID-19: Outmaneuver Uncertainty in Fuel & Convenience Retail": the onset of COVID-19 driving a substantial decrease in demand, and an increase in oil supply, triggering a significant drop in oil prices. "Consumer habits are shifting from in-store to virtual purchases. New competitors are emerging. Store consolidation is squeezing margins. And with improved fuel efficiency, the advent of electric vehicles, and an increase in ride-sharing, demand for motor fuel has been on the decline," according to Accenture. "Fuel and convenience retailers will need to account for the additional overhead that comes with owning or operating a c-store in both the near-term and long-term. Ultimately, strategies need to be implemented to limit operational issues, keep employees and consumers safe, and position their businesses for the next wave of change." Click for report

Pages