Sears files for bankruptcy as Lampert steps down as CEO Sears, which has stores anchoring four Hawaii shopping malls, has filed for Chapter 11 bankruptcy protection with plans to keep hundreds of stores open for now under a deal reached with its lenders, while the retailer's Chairman Eddie Lampert has stepped down from his post as CEO, effective immediately.
Illinois-based Sears Holdings Corp. (Nasdaq: SHLD) filed for bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York in White Plains early on Monday, local time.
Sears has…
Mon, 15 Oct 2018 07:09:11 +0000 A recipe for building a world-class IT team When someone asks you what your favorite food is, how do you describe it? Most likely, you have a few adjectives that describe the ingredients or components of the recipe that work together to make it your favorite dish.
Your favorite chicken noodle soup is not just “good” — it might be hearty, with hints of parsley and thyme and a spicy kick of cayenne pepper. Each aspect you love about it has been carefully crafted and planned, mixing together to create what you consider a successful dish.
Just…
Mon, 15 Oct 2018 07:05:00 +0000 Manufacturers’ strategies to deal with tariffs How manufacturers and distributors are tackling the issue of the recent tariffs seems to be directly related to their size and resources. Companies with an intimate knowledge of their supply chain and diversified global client base have been able to pivot quickly, enacting strategies like opening facilities overseas to sell their product from those countries to clients around the world without it ever touching U.S. soil.
By comparison, smaller companies have struggled with reliable resources for…
Mon, 15 Oct 2018 07:00:00 +0000 Stopping employee problems before they start with effective employee handbooks While not required by law, employee handbooks are an important tool for many companies, providing vital information to employees regarding company culture, benefits offered and accepted conduct. A well-drafted handbook can prevent misunderstandings and disputes before they arise.
Handbooks provide guidance to supervisors who will enforce company rules, better ensuring that the rules will be enforced and issues will be handled consistently throughout the workforce. They also inform employees of…
Mon, 15 Oct 2018 07:00:00 +0000 In philanthropic giving, men are from Mars, women are from Venus Having trouble finding common ground with your spouse when it comes to charitable giving? You are not alone. Giving together should draw us closer. Unfortunately, in some cases disagreements between spouses can result in a philanthropic stalemate.
Recent data from the Indiana University Lilly Family School of Philanthropy suggest that many of these issues are the result of fundamental differences in the way men and women approach philanthropy.
Key findings of the study are:
Women-only households…
Mon, 15 Oct 2018 05:00:00 +0000 How to stay social at work while staying sober You’ve had a hard week. You’ve made your quota. You’ve completed that project. The deal has been signed. Now it’s time to celebrate and relax — after all, it’s 5 p.m. somewhere. Happy hour, an end-of-the-workweek ritual for many employees, is a time to socialize with coworkers, friends and strangers, while enjoying discounted prices.
Most people can consume alcohol responsibly and it does not become problematic. But there are some for whom alcohol use becomes out of control and…
Mon, 15 Oct 2018 04:04:00 +0000 Investing in your employees’ mental health is good business Likely not visually apparent, your bottom line is bleeding due to a silent epidemic. Unaddressed mental illnesses are costing companies, whether they can see it or not. Mental illness is the No. 1 public health problem in the United States, more common than cancer, heart disease and diabetes combined. One in four people will face a serious mental health problem during their lifetime: that means you, a member of your family, or a close friend, an employee or a colleague.
Why should we, the business…
Mon, 15 Oct 2018 04:03:00 +0000 Perfectionism in the workplace is less than ideal Perfectionism is a wolf in sheep's clothing. Our social media-infused culture creates the impression that perfection is achievable. After all, who can’t resist liking those posts of the perfect vacation, haircut, or gourmet dish just set on the table?
In the workplace, perfectionism may even seem like a good thing – the desire to excel at all times can’t be bad, right? Yet when we succumb to putting the pressure on ourselves to be perfect, we open the door for increased distress and suffering…
Mon, 15 Oct 2018 04:02:00 +0000
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Sears, which has stores anchoring four Hawaii shopping malls, has filed for Chapter 11 bankruptcy protection with plans to keep hundreds of stores open for now under a deal reached with its lenders, while the retailer's Chairman Eddie Lampert has stepped down from his post as CEO, effective immediately.
Illinois-based Sears Holdings Corp. (Nasdaq: SHLD) filed for bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York in White Plains early on Monday, local time.
Sears has…
When someone asks you what your favorite food is, how do you describe it? Most likely, you have a few adjectives that describe the ingredients or components of the recipe that work together to make it your favorite dish.
Your favorite chicken noodle soup is not just “good” — it might be hearty, with hints of parsley and thyme and a spicy kick of cayenne pepper. Each aspect you love about it has been carefully crafted and planned, mixing together to create what you consider a successful dish.
Just…
How manufacturers and distributors are tackling the issue of the recent tariffs seems to be directly related to their size and resources. Companies with an intimate knowledge of their supply chain and diversified global client base have been able to pivot quickly, enacting strategies like opening facilities overseas to sell their product from those countries to clients around the world without it ever touching U.S. soil.
By comparison, smaller companies have struggled with reliable resources for…
While not required by law, employee handbooks are an important tool for many companies, providing vital information to employees regarding company culture, benefits offered and accepted conduct. A well-drafted handbook can prevent misunderstandings and disputes before they arise.
Handbooks provide guidance to supervisors who will enforce company rules, better ensuring that the rules will be enforced and issues will be handled consistently throughout the workforce. They also inform employees of…
Having trouble finding common ground with your spouse when it comes to charitable giving? You are not alone. Giving together should draw us closer. Unfortunately, in some cases disagreements between spouses can result in a philanthropic stalemate.
Recent data from the Indiana University Lilly Family School of Philanthropy suggest that many of these issues are the result of fundamental differences in the way men and women approach philanthropy.
Key findings of the study are:
Women-only households…
You’ve had a hard week. You’ve made your quota. You’ve completed that project. The deal has been signed. Now it’s time to celebrate and relax — after all, it’s 5 p.m. somewhere. Happy hour, an end-of-the-workweek ritual for many employees, is a time to socialize with coworkers, friends and strangers, while enjoying discounted prices.
Most people can consume alcohol responsibly and it does not become problematic. But there are some for whom alcohol use becomes out of control and…
Likely not visually apparent, your bottom line is bleeding due to a silent epidemic. Unaddressed mental illnesses are costing companies, whether they can see it or not. Mental illness is the No. 1 public health problem in the United States, more common than cancer, heart disease and diabetes combined. One in four people will face a serious mental health problem during their lifetime: that means you, a member of your family, or a close friend, an employee or a colleague.
Why should we, the business…
Perfectionism is a wolf in sheep's clothing. Our social media-infused culture creates the impression that perfection is achievable. After all, who can’t resist liking those posts of the perfect vacation, haircut, or gourmet dish just set on the table?
In the workplace, perfectionism may even seem like a good thing – the desire to excel at all times can’t be bad, right? Yet when we succumb to putting the pressure on ourselves to be perfect, we open the door for increased distress and suffering…
