Today’s business environment is extremely dynamic. Not only are new technologies rapidly shifting what is possible in terms of product and service offerings and modes of delivery, but an increasingly global economy means that new competitors can emerge from any corner of the globe. Add to that the fact that consumer tastes and preferences are […]
Tag: Change Management
Stepping out the door, you glance across the parking lot in the general direction of your car. A quick check of the time shows 2:27 p.m. You need to be on the road by 2:30 to reach your destination on time. You’ve got 3 minutes to make it to the car and get going. A […]
Turnover in the United States is higher than many people think. According to the Bureau of Labor Statistics, the turnover rate across a wide range of industries in the private sector was over 47.4% annually in 2017, and that number has increased steadily from 42.3% in 2013. So, businesses need to be prepared to lose […]
In a previous post, we discussed the challenges that come with employee turnover and that those challenges aren’t limited to top-level executives. At any level, employee turnover means losing someone with institutional knowledge, the potential to sidetrack or at least impede progress on ongoing projects, and forcing employers to spend months onboarding replacements.
Managers know that employee personnel assignments are rarely static. Business needs and staffing availability can change frequently, and businesses need the flexibility to move personnel into new roles. Sometimes, this involves hiring a new employee, but often, it involves a promotion or lateral movement for an existing employee.
Managers can be so busy at work sometimes that it’s almost inconceivable for them to think about anything beyond the present day or even hour. And, while many business leaders wisely set aside time to think about 1-year, 3-year, or 5-year plans, far too few spend time thinking about where their current workforces will be […]
A leadership transition can be both an exhilarating and a terrifying time. For those who know what to expect, it’s likely a chance to get excited about a new chapter in the life of the company. However, for those who were either unaware or unsuspecting, the promise of change can bring about fear and anxiety, […]
Did you know that since the 1970s, there has been a consistent 60% to 70% failure rate for organizational change projects? And according to experts, this high failure rate is the direct result of “change battle fatigue,” where employees give up on change projects because of things like poor communication, ill will, unresolved feelings from […]
According to research gathered by Ambient Insight, the U.S. mobile learning market will reach $2.1 billion next year, and global mobile learning revenues will reach $14.5 billion. And this will most likely be due to the number of people joining the mobile workforce, which is expected to double or even triple in size in 2018 […]
In a couple of previous posts, we’ve discussed the importance of diversity and inclusion in the workplace. We’ve talked about understanding and communicating with diverse markets, discovering new insights, and the importance of diversity and inclusion to your employees. We know it’s important. Now what? Here, we look at five strategies to promote diversity and […]