Leading a team at work is an exciting opportunity if given the chance, but can have some challenges along the way. Chester Elton, Author of "The Best Team Wins", and Jason Feifer, Editor-in-Chief of Entrepreneur joins This Changes Things to discuss how to lead the best team possible.
Elton says now more than ever leaders are faced with leading a team of multiple generations. You have millennials, Gen X'ers and baby boomers in the same room, working on the same projects. He says leaders need to realize that each individual person needs to be treated in a separate way. You can no longer treat the group as one. Each person has a different style of leading they need to see from their manager.
Plus, how can leaders help achieve productivity within their team? Feifer says that people want to be heard and they want to feel validated. Leaders need to lean on that emotional side of managing and establish a good set of "soft skills." Those skills could include establishing clear plans and goal, sharing information transparently and recognizing team accomplishments.
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Spain's government has fined Airbnb 64 million euros or $75 million for advertising unlicensed tourist rentals. The consumer rights ministry announced the fine on Monday. The ministry stated that many listings lacked proper license numbers or included incorrect information. The move is part of Spain's ongoing efforts to regulate short-term rental companies amid a housing affordability crisis especially in popular urban areas. The ministry ordered Airbnb in May to remove around 65,000 listings for similar violations. The government's consumer rights minister emphasized the impact on families struggling with housing. Airbnb said it plans to challenge the fine in court.
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process. iRobot said that it is being acquired by Picea through a court-supervised process. Picea is the company's primary contract manufacturer. The Bedford, Massachusetts-based anticipates completing the prepackaged chapter 11 process by February.
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.
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