Not long ago, E&Y released a report titled “Differentiating for Success, Securing top talent in the BRICs”, detailing attitudes towards work and establishing the ideal employer value proposition for BRIC-based (Brazil, Russia, India, and China) companies. Though the findings focused on the BRIC countries, the lessons for companies in other countries worldwide are obvious — especially when we look at… Read more →
Motivating people to do their best work, consistently, has been an enduring challenge for executives and managers. Yet, managers cling to obsolete and counterproductive ideas about what motivates employees, ideas that actually harm productivity and employee well-being. Gallup estimates disengaged workers cost businesses $300-billion a year. Following are three of the most common myths about motivation: 1. Money is the best motivator It seems business… Read more →
For the first time in modern history, the workforce is composed of four generations of employees–Traditionalists (born before 1946), Baby Boomers (born between 1946-1965), Generation X (born between 1966 and 1980) and Generation Y/Millennials (born between 1981 and 2000). Because each generation came of age in a distinct era, each is believed to have its own—and often vastly different— perspective… Read more →
A very important meeting is held, and you’re not invited. At this meeting, a senior leader announces that since targets were not reached, 150 managers will be laid off, and the purpose of this meeting is to create a list identifying exactly who those people will be. The key question for you is, “How do you keep your name off… Read more →
Sourcing, engaging, and retaining talent is a universal global challenge. According to a recent global survey conducted by Deloitte, the International Society of Certified Employee Benefit Specialists, and the International Foundation of Employee Benefit Plans, human resource professionals across the globe have continued to be challenged by attracting and retaining top talent. These data are congruent with other recent studies… Read more →
“Knowledge is knowing people” – Confucius Use the right assessment tools to help you better identify the right candidates or development needs. The following is a checklist to help you choose the right assessment tool for hiring and development planning.
A motivated employee is not only a productive employee, but a key ingredient for the success of any organisation. Motivated employees provide exceptional customer service, which brings customers back to you. They also stay with the organisation longer, which decreases the costs inherent in hiring and training new employees. How do you motivate employees? You can use a variety of methods,… Read more →
Major market shifts are changing global business. In addition, economic realignment, advances in technology, the globalization of markets, changing demographic trends, new customer needs and increased competition are fundamentally reworking how companies operate in virtually every industry and region of the world. Proof of this new world order is in the trade numbers – the total of the world’s exports… Read more →
All managers expected to carry out performance appraisals should have some training. Ideally this should not just be on the skills of performance appraisal (“how” to do it) but also on the reasons for performance appraisal (“why” we do it). Managers should understand how it fits into the wider strategic process of performance management and how the information and date… Read more →
A performance appraisal is an important part of performance management. In itself it is not performance management, but it is one of the range of tools that can be used to manage performance. Because it is most usually carried out by line managers rather than HR professionals, it is important that they understand their role in performance management and how… Read more →