
Selling a business is a big step, and it can feel overwhelming. But don’t worry—you don’t need a business degree to do it successfully. Whether …
Ultimate Guide to Selling Your Business
Selling a business doesn’t have to be complicated. By knowing your value, getting organized, finding the right buyer, negotiating smartly, and planning your next steps, you can sell successfully and move on to an exciting new chapter.

Selling a business is a big step, and it can feel overwhelming. But don’t worry—you don’t need a business degree to do it successfully. Whether …
Ultimate Guide to Selling Your Business
Maximizing your business’s value before selling requires intentional and consistent efforts. Addressing the factors that influence value can significantly enhance your business’s attractiveness to buyers. Starting the planning process at least three to five years before the desired exit date can ensure the best possible outcome.

For many business owners, the ultimate goal is to sell or transfer their business, often to fund their retirement. A common question arises: “How …
Maximizing Your Business’s Value Before Selling: Key Strategies
A good leader leaves behind more than accomplishments; they leave a legacy of inspired individuals. Leadership is not a destination but a journey of continuous learning, growth, and service.

Leadership is an art, not merely a title. True leadership inspires action, creates harmony, and fosters growth. But what are the qualities that …
WHAT MAKES A GOOD LEADER?
If you encourage employee success, your business sees quite a few benefits. It helps your employees be more productive, do their jobs better, and more. You should see more and more benefits because of it, making it more than worth putting the time and effort into.

When you run a business, there’s a lot to manage, especially when you’re working toward success. One of the more important areas to focus on with …
3 Great Ways to Encourage Employee Success Long-Term
There is a lot of optimism in the air at the moment, with plenty of different industries, investors, fundraisers, and organizations all hoping for a more profitable and fruitful year ahead. With the right plan in place, clearly articulated objectives, and a willingness to face challenges head-on, you can make 2025 the year you accomplished your business goals.

As we enter 2025, there is renewed optimism for businesses due to improved funding opportunities and market conditions following the pandemic. The …
Why 2025 is the perfect time to achieve your small business goals
When managers show empathy in the workplace, they improve their effectiveness and increase trust and collaboration on their teams. Empathetic leadership is an asset to organizations because it increases performance and culture.

It’s critical for companies to hire and develop more effective managers and leaders capable of moving their organization forward during both good and challenging times. That requires looking beyond traditional strategies for management development and cultivating the skills most important for success.
One of those skills, perhaps unexpectedly, is empathy — a vital leadership competency.
Empathetic leadership means having the ability to understand the needs of others, and being aware of their feelings and thoughts. Unfortunately, it has long been a soft skill that’s overlooked as a performance indicator. Our research, however, has shown that today’s successful leaders must be more “person-focused” and able to work well with people from varying teams, departments, countries, cultures, and backgrounds.
To determine if empathy influences a manager’s job performance, we analyzed data from 6,731 mid- to upper-middle-level managers in 38 countries. The leaders in our study were rated on their level of empathy, as measured by our Benchmarks® 360-degree feedback assessment.
As noted in our white paper, we found that empathetic leadership is positively related to job performance, particularly among middle managers and above.
In other words, our research found that managers who practiced empathetic leadership toward direct reports were viewed as better performers by their bosses. The findings were consistent across the sample: those managers who were rated as empathetic by subordinates were also rated as high performing by their own boss.
The ability to be compassionate and connect with others is critical to our lives, both personally and professionally. Demonstrating empathy in the workplace — a key part of emotional intelligence and leadership effectiveness — also improves human interactions in general and can lead to more effective communication and positive outcomes, in both work and home settings.
Today’s leaders need the ability to address complex challenges in new and innovative ways, while showing sincere empathy and compassion. Partner with us to craft a customized learning journey for your organization using our research-based leadership topic modules.
Available topics include Collaboration & Teamwork, Communication, Conflict Resolution, Emotional Intelligence Training for Leaders, Psychological Safety, and more.
Empathy is the ability to perceive and relate to the thoughts, emotions, or experiences of others. Those with high levels of empathy are skilled at understanding a situation from another person’s perspective and lead with compassion.
Empathetic leadership in the context of the workplace simply means that people leaders are able to establish true connections with one another that enhance relationships and performance.
It’s important to remember the difference between sympathy and empathy, as the 2 are often confused.
Empathy in the workplace and empathetic leadership is often more productive and supportive.
Displaying empathetic leadership can take many shapes and forms. We recommend leaders take the following 4 steps to show greater empathy in the workplace and with their colleagues and direct reports.
Work burnout is a real problem today, and it comes at greater risk during times of intense stress and pressure. Many people are stressed, putting in more work hours than ever before and finding it difficult to separate work and home life.
Managers who are skilled at empathetic leadership are able to recognize signs of overwork in others before burnout becomes an issue that results in disengagement or turnover. This might mean taking a few extra minutes each week to check in with team members and gauge how they’re handling their current workload and helping them to recover from overwork.
Part of leading with empathy involves working to understand the unique needs and goals of each team member and how to best match work assignments to contribute to both performance and employee satisfaction. Team members who see that their manager recognizes them in this way are more engaged and willing to go the extra mile. Showing kindness in the workplace can boost performance and culture.
Lines between work and personal life are becoming increasingly blurred. Empathetic leaders understand that their team members are dynamic individuals who are shouldering personal problems while having to maintain their professional responsibilities. They recognize that it’s part of their role to lead and support those team members when they need it most.
Keeping open lines of communication and encouraging transparency is a good way to foster psychological safety among the groupand help team members feel comfortable sharing when it’s necessary.
Real connections and friendships at work matter, and empathetic leadership is a tool that managers can use to establish bonds with those they’re privileged to lead. We’ve all been through personal loss, so even if we can’t relate to the specific loss our team member experiences, we can act empathetically and let them know they’re supported. This is key for compassionate leadership.
Some leaders naturally show more empathy at work than others and will have an advantage over their peers who have difficulty expressing empathy. Most leaders fall in the middle and are sometimes or somewhat empathetic.
Fortunately, it’s not a fixed trait. Empathetic leadership can be learned. If given enough time and support, leaders can develop and enhance their empathy skills through coaching, training, or developmental opportunities and initiatives.
Organizations and HR leaders can encourage a more empathetic workplace and help managers improve their empathy skills in a number of simple ways.

Let leaders know that empathy matters. Many managers consider task-oriented skills such as monitoring and planning to be more important in controlling the performance of their team members. But research shows that understanding, caring, and developing others is just as important, if not moreimportant, particularly in today’s workforce.
Explain that giving time and attention to others fosters empathy, which in turn enhances your performance and improves your perceived effectiveness.
To understand others and sense what they’re feeling, managers must be good listeners, skilled in active listening techniques, who let others know that they’re being heard and express understanding of concerns and problems.
When a manager is a good listener, people feel respected, and critical trust on the teamcan grow. To show the highest levels of empathy in the workplace, managers should focus on listening to hear the meaning behind what others are saying by paying attention to not only the words being said, but also the feelings and values being shown, through nonverbal cues such as tone, pace of speech, facial expressions, and gestures.
Managers should consistently put themselves in the other person’s place. For managers, this includes taking into account the personal lived experiences or perspectives of their employees. It also can be applied to solving problems, managing conflicts, or driving innovation. It’s very helpful to understand the role social identity plays for both yourself and others. In particular, empathy is an imperative for effective organizational diversity initiatives.
Support managers who care about how others feel, and consider the effects that business decisions have on employees, customers, and communities. Go beyond the standard-issue values statement and allow time for compassionate reflection and response. Remember, your employees care about social responsibility; your organization should too.
The ability of your middle managers to be empathetic leaders who can collaborate across boundaries is especially important for those working in global or cross-cultural organizations. Leading a multicultural team requires cultural intelligence and the ability to understand people who have very different perspectives and experiences.
And as the data we shared above shows, when managers hone their empathetic leadership skills, they improve their effectiveness and increase their chances of success in the job. Empathetic leaders are assets to organizations, in part because they are able to effectively build and maintain relationships and retain talent — a critical part of leading organizations anywhere in the world.
Model empathetic leadership and help your people develop greater empathy in the workplace with a customized learning journey for your leaders using our research-backed modules. Available leadership topicsinclude Boundary Spanning Leadership, Communication, Emotional Intelligence Training for Leaders, Listening to Understand, Psychological Safety & Trust, and more.

Bill Gentry, PhD
Former Director, Leadership Insights & Analytics and Senior Research Scientist
Mastering the art of pitching your business is a valuable skill that can open doors to new opportunities and growth. By knowing your audience, maintaining clarity, generating excitement, and structuring your pitch effectively, you’ll be well-equipped to make a lasting impression.

Love it. Amazon is giving business owners who make products a new way to get visibility. As reported by the Wall Street Journal, Amazon’s new show …
Amazon Launches a New Show for Entrepreneurs. How to Win a Pitch Contest?

Arnold Palmer, affectionately known as “The King,” was not only a legendary figure in the world of golf but also an influential leader in the business world. His success on the golf course was matched by his acumen in business, where he applied the leadership principles he honed during his illustrious career. Palmer’s approach to leadership offers valuable lessons for small business owners aspiring to achieve their strategic goals and objectives.
One of the core principles Palmer exemplified was integrity. On the golf course, where honesty is paramount, Palmer was renowned for his commitment to the rules and his respect for the game. He carried this integrity into his business ventures, understanding that trust and transparency are the bedrock of lasting relationships. Small business owners can take a page from Palmer’s book by prioritizing honesty in all their dealings, from interactions with customers to partnerships with suppliers. Building a reputation for integrity can set a small business apart in a competitive market and create a loyal customer base that values trustworthiness.
Another critical aspect of Palmer’s leadership was his dedication to excellence. Throughout his career, Palmer was known for his relentless pursuit of improvement. He understood that success is not a destination but a continuous journey of striving to be better. This mindset is crucial for small business owners who often face limited resources and fierce competition. By setting high standards and constantly seeking ways to improve their products or services, small businesses can differentiate themselves and build a reputation for quality. Palmer’s example shows that a commitment to excellence, even on a smaller scale, can lead to significant success over time.
Empathy and humility were also central to Palmer’s leadership style. Despite his fame and fortune, Palmer never lost touch with his roots. He treated everyone with kindness and respect, from fans to business partners. Small business owners can learn from this by fostering strong relationships with their customers and employees, understanding that empathy and respect are key to long-term success. A small business is often built on personal connections, and maintaining humility and approachability can create a positive work environment and loyal customer base.

Palmer was also a master of strategic vision. Just as he could see the path to victory on the golf course, he could also envision long-term success in business. This is particularly relevant for small business owners who must balance day-to-day operations with planning for the future. By developing a clear vision and being strategic in their decisions, small businesses can set themselves up for sustainable growth. Palmer’s ability to leverage his brand and create opportunities beyond his immediate field of play serves as an inspiration for small businesses looking to expand and diversify.

The In conclusion, Arnold Palmer’s leadership principles—integrity, dedication to excellence, empathy, humility, and strategic vision—provide a roadmap for small business owners striving to achieve their goals. His legacy is a testament to how the lessons learned on the golf course can be applied to any business, regardless of size. Palmer’s story continues to inspire, reminding us that true leadership transcends the boundaries of sport and business, offering valuable insights for anyone looking to succeed.

As summer transitions into autumn, Europe unveils some of its most captivating and lesser-known destinations. Charlie Neville, Marketing Manager of …
Hidden Gems to Explore in Europe in Late Summer 2024
With some strategic planning and a bit of discipline, you can turn your travel aspirations into reality.

Dreaming of a getaway but feeling strapped for cash? Whether you’re yearning for a beach retreat, a cultural adventure, or simply a change of scenery…
Smart Ways to Build a Vacation Fund