Herve Hoppenot is Chairman of the Board, President, Chief Executive Officer of Incyte Corporation

Herve Hoppenot is Chairman of the Board, President, Chief Executive Officer of Incyte Corporation. Herve served as the President of Novartis Oncology, Novartis Pharmaceuticals Corporation, the U.S. subsidiary of Novartis AG, a pharmaceutical company, from January 2010 to January 2014.

This pharma company offers benefits like 100 percent health insurance coverage for employees (95 percent for dependents) and, since 2017, parental leave for all situations.

Incyte’s world-class researchers are focused on transforming the treatment of cancer and inflammatory and autoimmune conditions and are advancing a diversified portfolio of clinical candidates.

Why Should You Become a Most Loved Workplace?

This is a hard time for companies – talent scarcity, high turnover, and burnout are all very real. The solution to all of this is to become a Most Loved Workplace. Our research shows that when you are a Most Loved Workplace, you are 3-4 times more likely to have higher employee performance and retention. If you are not placing love at that the center of your business model you are missing out.

Get Certified for FREE at: HTTP://www.mostlovedworkplace.com

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Most Loved Workplace Brian Scudamore CEO, and Founder of O2E Brands featuring 1-800-GOT-JUNK?

Join me as I interview Top 100 Most Loved Workplaces Award Winner, O2E Brands featuring 1-800-GOT-JUNK?, CEO, and Founder Brian Scudamore. Brian founded 1-800-GOT-JUNK? In 1989, Scudamore was a 19-year-old high school dropout who still had his eye on a college degree and was on the lookout for a side-hustle that could finance his education.

One day, while waiting in the drive-through lane of a Vancouver McDonald’s, Scudamore spied an old, beat-up pickup truck with a sign advertising Mark’s Hauling, a trash removal company- which later became 1-800-GOT-JUNK? and he built into a hugely successful brand and franchise company O2E Brands.

How Employees React When You Tell Them You Are a Most Loved Workplace – Actual Employee Videos

Join me as I interview Top 100 Most Loved Workplaces Award Winner, O2E Brands featuring 1-800-GOT-JUNK?, CEO, and Founder Brian Scudamore.

Brian founded 1-800-GOT-JUNK? In 1989, Scudamore was a 19-year-old high school dropout who still had his eye on a college degree and was on the lookout for a side-hustle that could finance his education.

One day, while waiting in the drive-through lane of a Vancouver McDonald’s, Scudamore spied an old, beat-up pickup truck with a sign advertising Mark’s Hauling, a trash removal company- which later became 1-800-GOT-JUNK? and he built into a hugely successful brand and franchise company O2E Brands.

Transactional Leadership

A transactional leader prefers to lead with order and structure. They are likely to be in charge of military operations, large enterprises, or global projects with rules and regulations for meeting deadlines or moving personnel and goods in an orderly manner.

The function of supervision, organization, and group performance are all emphasized in transactional leadership. Leaders who employ this approach focus on specific tasks and utility incentives and consequences to push their followers.

Big corporations typically employ a large number of transactional leaders. These companies have a strong market position and urge their leaders to demand system compliance. Transactional leaders do not fit well in environments that value creativity and new ideas.

The leaders regularly set goals for their teams. They appreciate it when their subordinates perform well and meet their goals. If employees don’t meet their goals, they can find the door.

According to a 2006 study that looked into the impact of leadership styles on small firms, a transactional leadership style negatively impacts the performance of employees in these companies. However, the transactional leadership style has several benefits that large, mid-size, and small businesses can take advantage of.Here, I look to determine whether a transactional style can work in today’s work culture using the available literature, the characteristics of a transactional leader, the pros and cons of this leadership style, and real-world examples…

Practicing Democratic Leadership

Work is a social construct. Since labor moved from the cottage, forest, and field, we have struggled to understand the relationship among work, workers, and workplaces.

This dynamic drives a world feeling its way through a pandemic, an ecosystem damaged by social justice issues, and a population feeling its independence and power sent home. Today’s workers have outgrown legacy work contracts, and new talents expect more than a transactional deal, compensated for tasks and outputs.

They respond better to Democratic Leadership when practiced effectively.

Understanding Democratic Leadership

Most organizations have long rejected Autocratic and Directive Leadership styles. They recognize the fragility of Charismatic Leadership and Laissez-Faire Leadership styles. And, Transactional and Transformational Leadership styles have had their day, and the contemporary climate wants something more.
A Democratic Leadership style ensures an atmosphere and framework for open participation.

Leadership Training

A good manager takes charge of their team. A great manager takes the lead.

Recognizing what needs to change is the first step in transitioning from a good manager to a great one. Managers who wish to equip themselves with the skills to deal with complex and often unpleasant workplace situations should invest their time in leadership training.

If you’re in charge of a team, your most important role is to ensure that others succeed — a concept that might get buried among the million and one things that hinged your attention.

Let’s be honest: you have got a lot on your plate, and It is easy for you to become so preoccupied with day-to-day affairs that you don’t have time for self-evaluation. To make things worse, evaluating your leadership abilities is challenging. So, how can you know it is time to make changes?Well, a few warning signs are pointing in that direction. For starters, you can look for the following four characters that determine if you need leadership training to strengthen your leadership skills and become a better leader.

How To Practice Democratic Leadership

Work is a social construct. Since labor moved from the cottage, forest, and field, we have struggled to understand the relationship among work, workers, and workplaces.

This dynamic drives a world feeling its way through a pandemic, an ecosystem damaged by social justice issues, and a population feeling its independence and power sent home. Today’s workers have outgrown legacy work contracts, and new talents expect more than a transactional deal, compensated for tasks and outputs.

They respond better to Democratic Leadership when practiced effectively.

Understanding Democratic Leadership

Most organizations have long rejected Autocratic and Directive Leadership styles. They recognize the fragility of Charismatic Leadership and Laissez-Faire Leadership styles. And, Transactional and Transformational Leadership styles have had their day, and the contemporary climate wants something more…