CEOs got more optimistic about their firms' prospects as 2024 moved along. By year’s end, they weren’t giddy, but inflation subsided and interest rates fell, so at least the cost side of their business gave them reason to be optimistic.
Managing people, however, seems increasingly challenging. Middle managers are being asked to do more than ever before. Gen-Z employees don’t want to take on management roles. Plus, leaders have to navigate an era in which pay—for both their employees and themselves—is no longer rising particularly quickly. These stressors sometimes derailed even normally good bosses.
In this Essentials, Korn Ferry examines 2024’s toughest leadership challenges and how some of the world’s most successful companies overcame them.
The World's Most Admired Companies: How They Stack Up
The 2024 edition of Korn Ferry and Fortune’s most respected organizations is out, with executives valuing stability most of all.
More than seven in 10 top bosses tell Korn Ferry they sometimes feel they’re not equipped to handle the job. Why?
The Silent Treatment—Between Gen Zers and Boomers
Forty percent of workers over 55 haven’t spoken to a Gen Zer at work in a year, and one in five Gen Zers to someone over 50. Why corporate leaders should be worried.
Flexibility. Security. A firm’s values. These matter to workers, but a groundbreaking Korn Ferry survey finds compensation continues to play a paramount role.
In most cases, managers can make or break a career. How to know if your boss is merely frustrating, or truly bad.
Click out all the stories in The 2024 Essentials.
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