April 24, 2020

The Relationship Economy and 10 Ways to Improve Your Professional Relationships

10 min read

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Over the last few years, our work and personal lives have been slowly evolving to exist within a growing digital society. There have been dramatic changes to our access to information, entertainment, and work processes.

Although these changes have added convenience and new opportunities, they have also altered how we communicate, interact and behave. With more people studying and working remotely, the digital era has made it difficult to form and maintain relationships with others. If you have children, you may havey noticed the difference even more profoundly.

Now, it may seem even more challenging to create and nurture relationships. But a movement labeled “the relationship economy” focused on driving a greater sense of community, inclusion and purpose despite the decrease in face-to-face interaction. Now more than ever, the relationship economy is on the rise to

How to help employees learn new skills amid a crisis

Despite years of warnings, the skills gap is on the rise — not just in the United States, but around the world. The PwC Talent Trends 2019 report found that 79 percent of CEOs worldwide “are concerned that a lack of essential skills in their workforce is threatening the future growth of their organization,” compared to 53 percent in 2012.

The Society for Human Resource Management, in a survey of 20,000 U.S.-based members, found (pdf) that the skills shortage is “a top concern that needs to be addressed.” Three-quarters of HR professionals who are having difficulty recruiting “say there is a shortage of skills in candidates for job openings.”

As Laurent Probst and Christian Scharff, partners with PwC Luxembourg, have reported in s+b, upskilling is crucial. The drive to build new skills for a new world, to expand the capabilities of existing employees, “can take place at

ANMI seeks Sebi, FinMin intervention as Franklin closes 6 MF schemes

Terming the shut down of six debt schemes by Mutual Fund (FTMF) as an extreme step that has created panic, an umbrella body of brokers on Friday sought regulator and the Ministry of Finance’s intervention to protect investor interest.

FTMF stunned all by deciding to shutter operations of six schemes with assets under management of more than Rs 25,000 crore late Thursday evening, citing redemption pressures and market volatilities in wake of the COVID-19 pandemic. The fund house has said that capital regulator was informed in advance about the decision, which has been taken to protect investor wealth.

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“Such an extreme step by FTMF has created panic among their investors as well as mutual fund investors in other debt schemes across asset