Ask companies what their most valuable asset is and their response is often the same: employees. But appreciating team members and understanding how to harness their talents to drive business are two different stories. Many companies rely on assumptions rather than data-backed facts when it comes to decisions about their workforces. There’s reason to depend on more than gut instinct for hiring decisions, developing employees and keeping them engaged in the long run.Read more
In an effort to stay competitive, companies are seeking employees with an aptitude for technology, innovation, customization, and flexibility. Many, believing that the Millennial generation has these core competencies, have beefed up their University Relations and college intern programs as a way to fill their talent pipelines for the future. These intern programs are quite successful in developing and motivating Millennials to work. The problem is in the transition to full-time hire. Specifically, the experience that new graduates receive as interns is in stark contrast to what they experience as full-time employees. This disconnect causes high Millennial attrition and damages the reputation of the employer as a desirable place to work.
While on a casual catch-up phone conversation with my mother, the phrase ‘developing your talents’ came up. No this was not in the context of the usual mother-son encouragement, but rather the topic of her monthly Sunday School lesson for 11 year old girls. The first part of the lesson involved drawing an octopus, each of its eight arms representing a talent or strength, effectively arming itself with a bevy of skills to be prepared for the inevitable challenges that life has in store.Read more
The ability to think clearly and effectively is an essential component of leadership and management. But too often, business leaders and managers make poor decisions and pursue shaky plans.Read more