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2025-09-02 08:53:00| Fast Company

All too often business leaders are making decisions based on unexamined fears, rather than really leaning into those worries and thinking them through. A 2023 survey of global business leaders suggests that a number of mistakes surface again and again. Three in particular top the list: Avoidance, inaction or not making an important decision, due to fear of making mistakes Overcontrolling, micromanaging or not empowering their teammates, due to a fear that they might make mistakes Withholding feedback, not sharing their honest opinions or not pushing back on bad ideas, due a fear of conflict or political backlash Sound familiar? And yet in order to change, grow, and navigate the endless obstacles facing businesses today, you have to take risks, you have to empower people, and you have to speak your mind honestly. Otherwise, youve got no chance.  Its no wonder that 70% of all business transformation initiatives fail, according to McKinsey, with fear playing the largest role in that failure rate.  But thats not to say that fear is the enemy. The truth is, fear is a teacherand learning to listen to it can help you beat the odds and succeed where others fail. The power of fear Fear is a wonderful evolutionary gift thats greatly misunderstood, an emotion meant to protect us. If a shark is chasing you, fear motivates you to swim faster or punch the shark hard on the nose. This is fear at its most useful, its most rational. Irrational fear, however, is less helpful. For example, you might be worried about how to find the right product market fit, which is a very rational thing to be concerned about. But if that concern leads you subconsciously to shut down, withhold information, or not voice your concerns because of a fear of retribution, that makes no sense. Your company will fail if you dont speak up. In this context, fear can lead to unintentional decisions that actually make things worse. Irrational fears, left unexplored, can be detrimental to every aspect of our lives, personal and professional. But when we look at how fear actually works, we see that its not about conquering fear. In fact, we cant conquer it. We have a fear centerour amygdalawired into our brains. Like it or not, it has an impact on our perceptions and decisions. The key is to understand the impact that fear has on us, stay intentional with how we respond to it, and listen to what fear is trying to show us. When we learn to listen to it, we find that many times, fear is actually our greatest teacher.  Thats the key to not letting fear lead to paralysis, micromanaging, or not speaking up when its important. Lets look at how three common fearswhich are increasingly prevalent in our modern work environmentmay actually be inviting us to take a closer look at our decisions and overcome the real cultural challenges that prevent businesses from adapting and thriving.  FOMO: Fear of missing out Unexplored, FOMO leads to premature decisions without considering the consequences. Take AI, for example. In the race to adopt AI, too many companies moved too quickly without thinking things through. In fact, a recent global study of C-suite executives found that more than half regretted firing people prematurely due to unrealistic expectations around AI. These leaders focused too much on not wanting to lose out on AI, as opposed to staying focused on their purpose and their mission. All too often, FOMO creates a minefield of unintended consequences.  FOMO is an excellent reminder to make sure youre not missing out on what matters. Its a chance to reconnect to your core purpose, your true north, and your why. AI is a tool; its a how. Dont make your decisions based on anxiety levels. Make them based on what you really care about.  FOFU: Fear of F-ing up On the other end of the spectrum, FOFU can lead to analysis paralysis, procrastination, and a catastrophic loss of early-mover advantage, if left unexplored. In fact, a 2023 survey of more than 14,000 employees and leaders across 17 countries reported that being inundated with too much data and information is leading to an epidemic of indecision. In that study: 74% said the number of decisions they make every day has increased tenfold over the last three years 86% said the volume of data is making decisions in their professional (and personal) lives much more complicated 59% admitted they faced analysis paralysis more than once every single day And 85% said this inability to make decisions is having a negative impact on their quality of life. That causes spikes in anxiety (36%), missed opportunities (33%), and unnecessary spending (29%). When you feel FOFU paralyzing you, and you feel that spike in anxiety, pause. Breathe. Get curious, and ask yourself what youre really afraid of. Explore the consequences of doing nothing. Challenge the nightmare scenarios and stories you may be telling yourself. And seek the help of others around you to think things through clearly. FOBI: Fear of being inadequate  This is one of the most prevalent fears. Unexplored, FOBI leads to micromanaging, exaggerating and accidental narcissism, or focusing more on optics than outcomes. Maybe you have an important quarterly business review coming up, and there are unpleasant realities to talk about. Maybe youre feeling overwhelmed at work, but are afraid to ask for help. Or maybe youre just not sure about your companys overall strategy and vision, but are suffering from impostor syndrome and feel too scared to say anything. The truth is, fear of inadequacy in the workplace is a lot more common than people realizeprobably because were so afraid to talk about it. In fact, one 2025 study found that 71% of North American workers reported suffering from impostor syndrome, with half stating it had caused them to miss or turn down opportunities.  When you notice your energy focused on yourself and feel like you might be shutting down, thats your cue to lean into the fear to see what its trying to get your attention about.  FOBI is asking you to make a conscious decision about what matters moreyour insecurity or your impact. Its giving you the opportunity to choose to rise to the occasion, because the moment matters more than the risk of looking stupid. Whenever I feel nervous about a big momentlike writing my first book, or giving an important speechI remind myself that my why is bigger than I. Its a powerful mantra, and an important reminder of the power of purpose.   Our fears are not designed to defeat us. Theyre actually asking for our attentionto orient us to what matters most. And the leaders who succeed are the ones who learn to listen to their fears, rather than run from them. Adapted from Unmasking Fear: How Fears Are Our Gateways to Freedom (Health Communications Inc; August 2025).


Category: E-Commerce

 

LATEST NEWS

2025-09-02 06:34:00| Fast Company

Most new renewable energy projects take the form of massive wind or solar farms. Ann Arbor, Michigan, is trying something different: a new city-owned utility is building a local power network within city limits, made up of solar microgrids and geothermal energy installed at homes and businesses. Theyre creating a whole new model of energy delivery for a city, says Mike Shriberg, a professor at University of Michigans School for Environment and Sustainability who lives in Ann Arbor. The new utility wont replace the areas existing power company, DTE Energy. But it will help the city move much faster toward zero-carbon power. When Ann Arbora city of 122,000, with a $550 million dollar annual budgetset a goal to become carbon neutral by 2030, it knew that the electric grid would be a challenge. DTE Energy doesnt plan to reach 100% clean power until 2050, and the companys definition of clean still includes some fossil gas. As the city researched options to accelerate the grids transition to renewables, it recognized the value of a distributed network with more rooftop solar. But the existing power company wasnt interested in moving in that direction. When we came up with a concept, we reached out to the utility and said, Would you be interested in doing that?, says Missy Stults, director of sustainability and innovations for the city. And the answer was no. And our response was, okay, well, then we will. The advantage of a local, distributed system The first advantage of building locally: if power comes from your own roof or your neighbor’s roof instead of traveling long distances, the system is more resilient. “The most vulnerable part of our energy system is the distribution network poles and wires,” says Stults. “That’s what a tree falls on and takes out. It’s not generation. So instead of relying on generating our energy in a faraway place that has to move across vulnerable distribution networks, why not focus on generating it in our own community? That’s more resilient. That’s more reliable.” Building large-scale solar and wind farms is also a long process. Getting permits can take years. The wait to get connected to the grid, called the interconnection queue, can also sometimes take five years or more. The Trump administration is also trying to slow down clean energy even more. And just finding the land can also be difficult. “We have more and more challenge in finding places to do large-scale,” Stults says. “We need to start thinking about all of the assets we already have.” Traditional investor-owned utilities don’t have much incentive to build distributed renewable energy. “They make more money when they build a bigger, centralized power plant,” says Shriberg. Regulated utilities make profits based on a rate of return on their capital investments. “The incentive structure for a city is completely different because you’re looking at sustainability and [consumer] costs and reliability as a driver,” he says. Of course, trying to scale up solar on tens of thousands of rooftops is also challenging. But because there’s no cost to homeownersthe city will own the solar panels and other equipmentthe city already has a long list of residents who want to participate. A new type of utility Ann Arbor calls the new system a “sustainable energy utility” or SEU. A few other cities use the same name in different waysD.C., for example, has a sustainable energy utility that focuses on helping improve efficiency. Ann Arbor will also help residents and businesses become more efficient. But its approach to adding new power generation is new. The city also considered the idea of a public utility that could fully replace the existing for-profit power company. But that approach would have been slower and more expensive. The city would have had to invest in the utility’s aging, unreliable distribution system. With the old system, “we have frequent blackouts,” says Shriberg. “It’s a distribution system that’s not working very well. And Ann Arbor determined that they want to build the energy grid of the future. They do not want to acquire the energy grid of the past and then be responsible for maintaining it. So this allows a quick way to do thatto build a new grid and a new system without the responsibilities of maintaining the outdated one.” Residents will still have access to the old utility, but can sign up to also be part of the sustainable energy utility. The city has calculated that the switch will save residents money on bills. If someone already has solar panels, they can start selling the power to the new utility and will have the option to let the city add new equipment, like a battery or more panels. (The monthly electric bill for people with battery storage will be higher, but still less than investing in a generator.) Others can sign up to get solar for the first time. The city will build microgrids in neighborhoods. As more local power is added, it will travel shorter distancesa wire could go from one house to the next. “You would be able to sell to the SEU and it would go literally to your neighbor,” says Stults. The race to 2030 In November 2024, citizens voted to create the new sustainable energy utility, approving the measure with nearly 80% support. (Michigan law helped make the change easier: the state’s constitution allows cities to create their own utilities.) In April, the organization was formally established, and last week the city welcomed its first executive director to lead it. Now, the new utility is raising financing to begin building its infrastructure. Right now, residents who want to participate can sign up for a waiting list. The city expects to begin installing new solar next year. A geothermal network is also in planning. For those who don’t want to wait for solar, the city is exploring the idea of recommending specific equipment that property owners could buy now, with the expectation that they could sell it to the city next year when the full system rolls out. Ann Arbor’s municipal buildings currently run on around 70% renewable electricity; the city as a whole runs on around 30% renewables. As the new utility races to add new renewable power, it’s unlikely to get all the way to 100% renewable electricity by the end of the decade. (The gap will be filled by buying offsets that are carefully selected to add new renewables in other areas that particularly need it.) But it’s a way to dramatically speed up the transition. Current anti-climate federal policy isn’t helping. But renewable energy is still the cheapest option for new energy. And Stults says that the city has no choice than to move as quickly as possible. “Humans are doing the largest experiment we’ve ever done, in terms of what we’re doing with our climate,” she says. “There simply is no other alternative than to move towards the clean energy future. We’re going to have to solve for this. It’s a bummer that we have another roadblock in our way but it’s never been easy from day one. So we’ll get it, and we’ll find a path for it, because I don’t think there’s alternatives.”


Category: E-Commerce

 

2025-09-02 06:00:00| Fast Company

We all know that traditional mentorssenior professionals who take an interest in you and your futurecan help in the job search. They have extensive experience, know the terrain, and are likely far better connected than you are. But finding a mentor isnt easyand even if you do have one, it may not be enough to help you in the current job market. With nearly a quarter of recent college grads currently unemployed, its important to think creatively about how to get the support you need to meet the current momentand one overlooked resource is the support of peer mentors.  In our researchAlexis as a developmental psychologist focused on college to career transitions and Dorie as a corporate adviser and keynote speakerweve identified the importance of finding mirror mentors: peers who know you well and can offer personal guidance and insight as you look for your next job. By cultivating a small “mentor pod” of peers who are also looking for work, you can help each other think creatively about your goals and job options, polish your materials together, and provide emotional support along the wayindependent of whether you have access to a traditional mentor or not. Indeed, in some aspects, mirror mentors may even be more useful to you. Traditional mentors are typically in demand senior professionals who are unlikely to have the time or bandwidth to provide emotional support or get to know you on as deep a level as your friends. Here are three ways weve found that peer mentors can be transformative in your job search journey.  1. Sourcing opportunities Its common knowledge that most people rely on their social network to help them in their job search. But whats less appreciated is that friends and acquaintancesin addition to vouching for you when you apply for jobs where they have a connectioncan also surface job openings that were never on your radar in the first place. For instance, there might be an internal job board at their company, so theyre able to tip you off about new openings. Indeed, the “hidden job market“roles that never appear on public job boardscan account for up to 70% of open positions, so relying on your social network to help source open positions is key. Peer mentors can also be on the lookout for relevant public job postings; Alexis alerted one friend to a job posting on LinkedIn that was perfect for her. Somehow, the friend had never seen it, but she applied and ultimately landed the role.Your “mirror mentors” can also expand your sense of whats possible by introducing you to new connections in your desired field or company, or by suggesting roles in adjacent fields that may suit your skill set (you may have been intent on a career in journalism, but hadnt considered PR, wheredepending on the positionyou can be paid to create in-depth narrative works paid for by a company or organization). A shared Google Doc noting your nonnegotiables (e.g., I need to stay in New York) and your aspirations (e.g., Id like to hone my storytelling skills) offers an easy way to identify and share links with your posse of peer mentors and crowdsource information during the search process. 2. Providing tactical help Peer mentors dont just offer support: they can also provide hands-on, tactical assistance that you might otherwise have to pay for. Trusted friends in your job search circle might review your résumé or LinkedIn profile to ensure its relevant for your desired field and conveys your professionalism and expertise. One of Alexiss students formed a WhatsApp group to check in with fellow job-seeking classmates and called it a game-changer for getting feedback when preparing cover letters and getting ready for interviews. And once youre offered a position, your mirror mentors can be invaluable when it comes to negotiating your package and closing the deal. One recent graduate was torn after receiving a job offer with a salary far below what she expected. She was tempted to accept given the financial challenges she was facing, but her friends wouldnt let her undersell herself. They helped crowdsource comparison salaries to confirm that this offer was atypically low; one friend even helped her craft an email to turn the offer down and sat with her as she hit send. Saying no felt risky at the time, but with the support of her peer mentors, she soon landed another, more lucrative offer.  3. Offering encouragementand accountability Mirror mentors are also key to helping you recognize your own potential. When self-doubt creeps in, they can remind you of your strengths and encourage you to think bigger. One of our colleagues found a job that aligned perfectly with her interests and experienceexcept she fell short of the exact number of years of experience they noted in the job description. Like many on the job marketespecially womenshe initially ruled herself out and decided not to apply. But when she shared her disappointment with a friend, the response was simple and powerful: Always put your name in. Rejection is hardbut dont reject yourself. That shift in mindset gave her the confidence to apply. Though the company ultimately did not hire anyone due to budget cuts, she felt empowered to apply for “reach” jobs moving forward. Just as important as encouragement is the accountability that peer mentors can provide; when your job search starts to drag and it feels like nothing is working, together, you can remind each other to persevere and keep networking and applying until the right opportunity emerges for you both. Job searches are never easyespecially in these complex timesbut when you have a group of peers who are supporting you, it becomes easier to find and land your dream job. Surround yourself with mirror mentors who know your strengths, introduce you to new opportunities, and refuse to let you settle for less than you deserve. In a market this competitive, your best advantage might just be the people sitting beside you in the trenches.


Category: E-Commerce

 

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