Expert Panel: 16 expert strategies for solving today’s workforce gaps

Shayne Fitz-Coy contributed to Fast Company’s expert panel, “15 reasons why working virtually helps companies and teams thrive.” IT AMPLIFIES THE HIDDEN STRENGTH OF INTROVERTED EMPLOYEES. On-site work can be a living hell for introverts. One benefit of transitioning to a fully remote workplace is that introverts can thrive without the constant office prattle. In…

Shayne Fitz-Coy contributed to Fast Company’s expert panel, “Industry shifting? 18 leaders share their challenges and solutions.” LACKING SPONSORSHIP RESOURCES My firm focuses on lower middle-market buyouts. The rise of unfunded sponsors and the increase in Main Street-focused PE funds have added complexity to lower middle-market acquisitions, particularly in the $10 million to $30 million…

Shayne Fitz-Coy contributed to Fast Company’s expert panel, “19 tips for effective leadership in the era of digital transformation.” CONSIDER REPLACING YOUR HIERARCHY WITH ‘EXPERTISE PARTIES.’ Replace hierarchy with “expertise parties,” teams where authority follows knowledge, not titles. Our CFO took direction from a 24-year-old blockchain specialist without hesitation. Digital transformation isn’t evolving leadership; it’s…

Shayne Fitz-Coy contributed to Fast Company’s expert panel, “20 things biz leaders wish they had done differently from the start.” PLAN THE EXIT BEFORE BUILDING THE BUSINESS. If I could start my business from scratch today, I’d build the exit before the entrance. Instead of obsessing over product-market fit and the competitive landscape, I’d first…

Shayne Fitz-Coy contributed to Fast Company’s expert panel, “16 ways CISOs can lead the charge on ethical, compliant AI usage.” SERVE AS ‘AI GUARDIANS.’ Chief Information Security Officers should act like “AI guardians,” making sure AI is safe, fair, and follows the rules. They use a “trust by design” plan to check fairness, how the…

Shayne Fitz-Coy contributed to Fast Company’s expert panel, “15 potential pitfalls to eliminate from the innovation process.” BUILDING AN ‘INNOVATION TEAM’ Don’t treat innovation like a department; make it a habit. I’ve watched companies build “innovation teams” that become expensive idea museums. At my company, we scrapped our innovation group and instead embedded “possibility sessions”…