We would all rather praise than criticize because it’s emotionally easier. But providing constructive criticism is an essential skill for any manager who wishes to avoid a messy termination. Even when an employee is worthy of praise, a manager must maintain a balanced outlook and act accordingly.
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Another excerpt: “Essentially, forecasting future growth expectations is a simple formula with three basic pieces: labor pool growth, labor productivity growth and inflation, according to Melzer. Of these pieces, labor pool growth is very predictable, and the Fed typically targets an inflation rate, which means that ‘productivity is the only moving part.'”