Companies can keep employees on the job by recognizing and appreciating the unique talents they possess, says Roger Martin, an author and former dean of the Rotman School of Management at the University of Toronto. "The real secret to talent is to treat them as an individual, to make sure that they're not blocked in their own individual path forward, and to make sure they're appreciated and patted on the back for their individual ability to contribute," Martin says.

Team members who resist change may do so because they have some insights they don't know how to share, which means leaders must get curious and dig deeper instead of dismissing them, write Jonathan Hughes and Ashley Hetrick of Vantage Partners. "And far more often than not, when we treat counterparts as if they were rational and well-intentioned (even when they seem not be), we will find that they respond to us in ways that are much more reasonable and collaborative," they write.

A hiring process that drags on and on can discourage job candidates, so company leaders should look for opportunities to streamline their decisions where possible, writes Brad Chambers of consultancy BTS. Also, leaders should ensure the hiring process reflects their organizational culture and illustrates the opportunities for development that the firm provides.

Buy now, pay later firm Klarna has received criticism for its decision to post the names of hundreds of recently dismissed workers on LinkedIn. Klarna says the dismissal decision was made reluctantly as part of a cost-cutting effort and that the individuals on the list signed up for it voluntarily, though a debate continues over whether the post is highly insensitive or helpful in steering recruiters toward the former employees.

Elon Musk told executives at Tesla that the company must shrink its workforce by 10% and suspend hiring worldwide, according to an email seen by Reuters. Musk reportedly said he has a "super bad feeling" about the economy.

Adding "one more" action can make the difference in improving professional and personal lives, contends Ed Mylett, performance expert, entrepreneur and author of "The Power of One More." The "one" could be getting rid of an emotion that's holding you back, allowing yourself to dream, or establishing a new habit.

The King became the first active player in the NBA to become a billionaire and joined Michael Jordan as the only other basketball player to achieve the lofty status. James' off-court earnings have dwarfed what he has made from playing the game: $900 million from business partnerships and ventures vs. $385 million in salaries from teams. His business acumen has helped, too. James structures deals so he receives equity from his brand partners, instead of a one-off payment. That's forward thinking from the forward.