Category: BUSINESS

Talent Development: Boosting Employee Productivity

By Elif Çalışkan

One of the challenges in management has been applying effective talent development strategies to boost organizational performance and employee productivity. So, researchers in human resources management have stressed effective human resources strategies to boost productivity such as high-performance management, high-commitment management, high-involvement management, and strategic planning (Bhatti & Qureshi, 2007). Then, all those reveal a question. How can we implement those strategies to boost employee productivity?

Read more

Ways to Invest Online

Top 5 Ways to Invest Online

By Viktoriia Dorofeieva

The rapid development of information technologies has had an impact on virtually all spheres of human life. The number of Internet users is growing every year. The network allows not only to communicate, order various goods and services but also to earn well. In this article, you will discover opportunities to invest online.

Read more

“What is Beautiful is Good” – Beauty Bias in Selection

By Leonardo Almonti

Beauty bias in selection plays a significant role in the workplace and we cannot ignore it anymore!

If we are looking for the perfect candidate, we cannot afford any sort of distraction. However, as we know, the human mind is always up for distractions (e.g. Cognitive Dissonance, Halo Effect, Illusion of Control). This is due to the fact that our brain has to deal with several bits of information every second, and creates unconscious shortcuts in order to be able to process them. Among the many different shortcuts that can affect our judgment, there is one that is particularly interesting: the beauty bias in selection.

Read more

Understanding Personality: A, B, C, and D Types

By Elif Çalışkan

Several years ago some medical practitioners had a hard time predicting which types of people would experience cardiovascular disease. In fact, they knew that high blood pressure, overweight, and inactivity would increase cardiovascular risks. However, even the combination of these factors was not enough for them to make an accurate prediction. So, they had to do pretty deep researches. Then, they’ve found a relationship between chronic medical morbidity and personality characteristics (Burger, 2006).

Read more

Why investing in Germany makes sense

Why Investing in Germany makes sense?

By Imane Mdarhri

Nowadays, investing is about finding equity between building a profitable business and maintaining human values. Germany does well in this area, and has turned around the tide and surpassed the stereotypes – from a country known for its unappealing past of antagonism to a land of peaceful coexistence. So, for businesses, why is investing in Germany a sensible option?

Read more

Understanding Personality: Myers-Briggs Type Indicator (MBTI)

By Elif Çalışkan

We had already referred to the importance of understanding the structure of the organization, workplace situation, and personality traits to predict the actions of individuals in our previous article. This time we will explain the Myers-Briggs Type Indicator (MBTI). It is one of the widest personality preference instruments. Firstly, it described by psychiatrist Carl Jung. Then, Jung’s theory on personality developed and extended by Isabel Briggs Myers and her mother, Katharine Cooks Briggs. In fact, the MBTI is a personality typology using four pairs of contrasting traits to combine 16 different personality patterns (Fretwell, Lewis, & Hannay, 2013). Let’s examine the indicator closer!

Read more

The business benefits of collaboration: creating value.

The business benefits of collaboration: creating value.

By Kevin DUCHEYNE

Collaboration can mean different things, depending on whom you are asking for a definition. Nevertheless, it is one of the key factors to many success stories that we here at LSBC know. Whether it’s team collaboration, or B2B collaboration, the mutual engagement of the participants in a coordinated effort to solve a problem can boost (if done right) the successful outcome of any endeavor. So, when your employees work closely together or your business collaborates closely with sub-contractors and suppliers, increased productivity will one of the business benefits of collaboration—while collectively chasing similar targets.

Read more

how to do business online

Business Online: How to Earn Money on the Internet

By Viktoriia Dorofeieva

Online business is a job where you organize your own business, sell goods or services, and get paid for it.

To set up a business, you don’t have to rent an office, hire people, and rent a large warehouse. All work can be set up on the internet. Make a site or fill out a page on a social network, write about the conditions and payment, run advertising, and promotion. As soon as you attract the first customers and get the first income, consider that you have already started a business.

Read more

The quest for talent

The Quest for Talent: Selecting the Perfect Candidate

By Leonardo Almonti

Everybody is looking for them, they are the perfect candidate.
Today, more than ever in the history of the corporate world, the search for talents is becoming a “gold rush”. Not only we are looking for the most experienced and effective, but we are also looking for the most talented candidates. Not by chance, back in 1998 at McKinsey, consultants were already talking about “war for talent” (Michaels, Handfield-Jones, & Alexlrod, 2001). This is the quest for talent.

Read more

Big Five Personality

Understanding Personality: Big Five Personality Traits

By Elif Çalışkan

Psychologists have generally tried to categorize people more since the emergence of personality psychology term after WWI. They have also used those categorizations to predict employee’s behaviors according to various situations and their personalities in the workplace (Chan, 2004). Above all, personality refers to individual differences in terms of thinking, feeling, understanding, and behaving (APA, 2020). On the other hand, personality trait is classifying a person according to the degree off a stable and consistent pattern of behaviors, attitudes, and feelings of the individual (Burger, 2006). 

Read more