Friday, January 11, 2008

Workforce Crisis the Next Generation

We are facing a talent shortage of unparalleled number, how will your company survive?

Through savvy use of flexible work arrangements, innovative learning opportunities, and creative compensation and benefits programs, companies can meet the unique needs of each employee cohort:

Mature (55+ years old): Many older employees want to remain productive, even after traditional “retirement” age. Learn how to keep their capabilities, company knowledge, and customer connections working for you.

Midcareer (35-54 years old): Too many talented employees find their work increasingly routine and feel squeezed between their professional and family obligations.

Young ( 18-34 years old): In competitive labor markets, your most able younger employees won’t hesitate to job-hop for better opportunities elsewhere. How to keep these workers engaged and loyal to your firm?

Saturday, January 5, 2008

Wise Managers Enjoy the Season

Top Ten Reasons to Manage Performance Year Round
1. Complacency is a disease that plagues business. And guess what? It's contagious. The people in one department see their colleagues in another department slacking off right before or right after the company party, and they decide to do the same. Someone meets his goal for December and decides he can tread water in January. His counterpart takes the cue, whether she met her goals last month or not. Believe me, this illness spreads -- and quickly! -- once it gets started. The only known cure is to wash your hands of it from the start to keep it out of your organization.

2. Procrastination is complacency's cousin. The Big P sets in once people are already infected with complacency. Its symptoms include putting off the most difficult tasks from day to day, doing the easy things first, and busying yourself throughout the day with ONLY the easy things. Soon we forget the difficult tasks altogether. The cure? Control The Big C. If you keep that infection out of the workplace, The Big P is easier to manage too.

3. Habits are hard to break. That's why we want only good ones in the workplace. But if you let bad ones grab a toehold, even for a little while, they might just gain a foothold. Soon they have hoisted themselves all the way into your business, and the veteran hard worker who started coming late one Monday now makes a habit of it then and on Fridays too. Or the manager who "forgot" to use a key recruiting assessment tool once or twice now overlooks it all the time. One study suggests that given time, bad habits become learned behaviors, and we lapse back into them when we're under stress. Since stress is a normal part of the work environment, maintaining good work habits is a discipline we need to observe daily.

4. Set a good example for new workers. Bringing in new staff is a regular event at many places, even during the holidays. Put yourself in the new hire's shoes: How will she view the office partying the last half of December and all of January? How do you want her to see YOU?

5. Set an example for everyone. Closely related to showing the new person how work is done in your office is showing everyone else – your colleagues, your boss, your direct reports. Adopt a professional demeanor and it's likely to be viral – in a good way.

6. Manage performance while other business is less "busy." Perhaps some of the companies you work with have slowed down production a bit. Turn this external hiatus into internal productivity. While you have the time, review the things you and your staff need to improve, then put in place a plan to do so.

7. Control the things you can. This is closely related to items 5 and 6. You might not be able to do anything about another department's departure from the day-to-day routine, but you don't have to join them or beat them. Control your own space by managing well. Maybe it will rub off on the other guys.

8. Your competitors are not snoozing, especially if you are in first place and they are in second or third. If you are not in first place, this could be a good time to redouble your efforts and get there. If you are in first place, remember that old adage, 'The bigger they are…'

9. Find ways to celebrate all year long. Really. Successful companies should reward their employees year-round, not just once a year. Yes, the end-of-year holidays are a special time for families and friends. But if you take the time to praise and recognize your workforce regularly, your business will reap the benefits year-round and expectations for unending special holiday treatment will lessen.

10. It's a kindness to your organization and to all of your employees to show off a well-managed workforce all of the time. Consider it a beautifully wrapped gift to everyone, including you.

Happy New Year!