Tag "Organization culture"

Entitlement, a millennial problem?

“It’s easy to measure diversity: It’s a simple matter of headcount. But quantifying feelings of inclusion can be dicey. Understanding that narrative along with the numbers is what really draws the picture for companies.”*
What is the true measure of inclusivity, especially when multiple generations are at work? How can businesses stop lamenting over the lack of sameness and start leveraging the strength of differences?

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Break down barriers

In You Can’t Google It! The Compelling Case for Cross-Generational Conversations at Work, Phyllis Weiss Haserot writes, “I have seen tensions, frustrations, misunderstandings, disconnects and unnecessary divides develop among age cohorts at work. And it’s unnecessary, avoidable, and costs organizations money, talent, and clients/customers.”
Organizations should promote and foster cross-generational communication as it is key to productivity and profitability.

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A measured step

Employee turnover is expensive. Replacing an employee who quits costs, on average, 21% of their annual pay. While it’s tempting to dismiss turnover as a fact of life in today’s fast-moving job market, new research shows otherwise.* Compensation could be a strategic tool for talent retention, especially when the going is tough.

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When ego takes a back seat

“Top leaders have been better at getting to the top than actually leading successfully when they get there. We need to move beyond the hero and celebrity leader phenomenon and identify and develop leaders that are going to be excellent when they get to the top.” In an interview with The Smart Manager, John Knights talks about the core idea of his book Leading Beyond The Ego, and explains why adopting a style beyond the traditional is more suitable in a world of continuous transformation.

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A journey together

As per Gallup’s 2017 State of the Global Workplace report, worldwide, the percentage of adults who work full time for an employer and are engaged at work—they are highly involved in and enthusiastic about their work and workplace—is just 15%. Though engagement levels vary considerably by country and region, in no country does the proportion of the employed residents who are engaged in their job exceed about four in ten. Leaders and HR managers need to abandon outdated practices and forge a new path to build an engaged and high-performing workforce.

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auditing culture

Denise Lee Yohn, author of FUSION: How Integrating Brand and Culture Powers the World’s Greatest Companies, cracks the code on culture-building. She explains why and how to use corporate culture to increase the competitiveness and sustainability of one’s business.

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