Visual Capitalist

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What’s New on VC+ in May? Posted: 03 May 2021 12:51 PM PDT If you're a regular visitor to Visual Capitalist, you know that we're your home base for data-driven, visual storytelling that helps explain a complex world. But did you know there's a way to get even more out of Visual Capitalist, all while helping support the work we do? New to VC+ in May 2021 VC+ is our members program that gives you exclusive access to extra visual content and insightful special features. It also gets you access to The Trendline, our new members-only graphic newsletter. So, what is getting sent to VC+ members in the coming weeks? "At a Glance: Global Trends 2040" SPECIAL DISPATCH: A Close Look at Future Trends In today's world, time is of the essence. With the sea of information that exists, it's difficult to extract what's truly important. In this Special Dispatch series, we'll do the mental work for you. We'll look at global reports from reputable sources, and neatly cover the key takeaways along with context and commentary. This time, we'll examine Global Trends 2040: A More Contested World, a National Intelligence Council report which has been prepared for incoming U.S. administrations since 1997. Publishing date: May 5 (Get VC+ to access) "Generational Power Index 2021: VC+ Bonus Material" SPECIAL DISPATCH: Bonus Content From Our First GPI Later this week, we are launching the inaugural edition of the Generational Power Index (GPI). This new report measures economic, political, and cultural power across generations and how much influence they have over American society. The GPI is the first of its kind and will serve as a powerful data-driven tool that provides insight into intergenerational power dynamics, and how they evolve over time. In this Special Dispatch, VC+ members will get an exclusive look at bonus content that didn’t end up making it into the final report. Publishing date: May 12 (Get VC+ to access) "Overhead Insights: Decoding the Earth’s Surface" SPECIAL DISPATCH: Identifying Patterns From Space From space, human influence on our planet is unmistakable. In this VC+ special feature, we'll use satellite imagery to explore America’s sprawling network of oil and gas infrastructure.  Publishing date: May 19 (Get VC+ to access) "The News in Charts: May 2021" SPECIAL DISPATCH: Powerful Charts From News Stories of the Past Month With the fast-paced news cycle, it can be quite difficult to keep track of all that's going on. In this recurring feature, we look back at some of the most newsworthy events of May 2021 across categories from markets to geopolitics—and provide key takeaways using succinct charts from various media outlets. Publishing date: May 26 (Get VC+ to access) The Trendline PREMIUM NEWSLETTER: Our Weekly Newsletter for VC+ Members Every week, VC+ members also get our premium graphic newsletter, The Trendline. With The Trendline, we'll send you the best visual content, datasets, and insightful reports relating to business that our editors find each week. Publishing Date: Every Sunday (Get VC+ to access) More Visuals. More Insight. More Understanding. Get access to these upcoming features by becoming a VC+ member. For a limited time, get 25% off, which makes your VC+ membership the same price as a coffee each month: Get 25% Off VC+ Today PS – We look forward to sending you even more great visuals and data! The post What’s New on VC+ in May? appeared first on Visual Capitalist.

Flowchart: Are You Working for a Toxic Boss? Posted: 03 May 2021 10:45 AM PDT Flowchart: Are You Working for a Toxic Boss? The experience of less-than-ideal work situations are common, and the global pandemic has likely heightened challenges for bosses and employees alike. How can mediocre or outright hostile leadership impact your ability to work well? This flowchart from Resume.io helps you figure out if you've got a toxic boss weighing you down. It covers seven archetypes of toxic bosses, and how to respond to each one. The 7 Types of Toxic Bosses Barbara Kellerman, a professor of public leadership at the Harvard Kennedy School identifies seven types of toxic bosses that can exist. Number Toxic Boss Type Description #1 Incompetent Boss Unable or unwilling to do their job well #2 Rigid Boss Confuses inflexibility with strength #3 Intemperate Boss Lacks self-knowledge and self-control #4 Callous Boss Lacks empathy and kindness #5 Corrupt Boss Steals or cheats to promote their own interests #6 Insular Boss Is cliquish or unreachable #7 Evil Boss Causes pain to further their sense of power and dominance Some bosses simply don't have the capacity to do their jobs, which makes it more difficult for their employees. Others can be corrupt or callous, creating a highly unmotivating work environment. But how many people are in this situation? To give a few quick examples, around 13% of all employees in Europe work under a toxic boss. In the U.S., a whopping 75% say they have left a job primarily because of a bad boss. What's so Bad about a Bad Boss? Bosses can make or break your job experience. Having a toxic boss can cause your quality of work to suffer, which can then trickle down to impact your overall career. In fact, Harvard Business Review found that a toxic work environment can lead to decreased motivation and employee disengagement. This has significant knock-on effects such as: 37% higher absenteeism 60% more errors in their work 18% lower productivity According to the same study, this can cause companies to have 16% lower profitability and a 65% lower share price over time. The physical side effects are not to be underestimated, either. One Swedish study found that a bad boss who increases your job strain can, in tandem, increase your chance of cardiac arrest by 50%. Additionally, a study out of Stanford found that mismanagement in the American workplace and subsequent stress could potentially be responsible for 120,000 deaths per year. Tips to Deal with a Toxic Boss Bad bosses can hurt the company, the overall work environment, and can impact your professional growth and personal health. So, what can you do about it? Number Toxic Boss Type Solution #1 Incompetent Boss Use initiative #2 Rigid Boss Use the power of persuasion #3 Intemperate Boss Look for opportunities #4 Callous Boss Ask for a 1-on-1 meeting #5 Corrupt Boss Find co-workers who share your concerns #6 Insular Boss Offer them opportunities to open up #7 Evil Boss Take a stand Different kinds of bosses require different approaches, and some simply aren't worth putting up with. For instance, taking initiative with an incompetent boss is one relatively easy solution, but having a 1-on-1 with a callous boss takes more effort. An evil boss requires intervention from HR. If you don't have a toxic boss, consider yourself lucky. Here are two ways to keep your working relationship strong: Take initiative Keep up open communication Ask for constant feedback so you know where you stand Under-promise and over-deliver What Can Bosses Do? Toxic bosses can have disastrous consequences on employees and companies. According to one Gallup survey, at minimum, 75% of the reasons for voluntary turnover can be influenced by managers. After looking at some of the ways employees can address toxic bosses, how can bosses ensure their work environment is healthy? Harvard Business Review recommends four main things: Encourage social connections Show empathy Go out of your way to help Encourage employees to talk to you—especially about their problems The future of work may be changing, with remote work becoming more popular and feasible. This can pose problems in creating a strong work culture. However, if bosses and employees can work together to foster a positive and healthy work environment, everyone, including the bottom line, will benefit. The post Flowchart: Are You Working for a Toxic Boss? appeared first on Visual Capitalist.

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