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Networking Particularities of Men and Women

In today’s world of the corporate ladder, it is obvious to anyone that networking is the key that ultimately leads to career advancements. For example, through your own networking you could be selected for projects and assignments that will lead in future to a promotion. However, women don’t really reap the benefits of this ‘system’ given the simple fact that they are less likely to get hired or promoted in manager roles (i.e. 79 women promoted to 100 men promoted according to a 2018 study done by McKinsey & Co. and LeanIn.org called Women in the Workplace).

When women seek a professional mentor, the study has revealed, that they usually look for someone they want to be friends with rather than someone they can learn from. Other studies have shown women aren’t getting the tough feedback they require in order to move ahead. The best mentors will always push, dare, and confront their mentees, and challenge them to take on assignments that will further their career.

However, men look to form professional partnerships. Men have no issue doing business with anyone, even though they don’t necessarily like that particular someone, as long as that individual can help them achieve their goals. Men understand that a working relationship can be annulled when it’s no longer beneficial. Women have the tendency to be suspicious when utilising their social ties whilst also overemphasising the moral aspects of networking.

We know that social networks are critical to professional advancement. We also know that men are more likely to rise to leadership positions.

Why the difference?

Because women seek positions on an executive level they often face numerous cultural and political obstacles than men normally do, they benefit from an inner circle of close female contacts that can share private information about things like an organisation’s attitudes toward female leaders, which helps strengthen women’s job search, interviewing, and negotiation strategies.  While men had inner circles in their networks too – contacts that they communicated with most – we found that the gender composition of males’ inner circles was not related to job placement.

The Power of Direct Placement

Winning a placement within executive leadership positions straight out of masters degrees benefit both men and women alike. Early-career women, especially, can use this route to sidestep longstanding labour-market challenges, including stereotyping and discrimination, which result in lower pay, lesser advancement opportunities, and a higher rate of dropping out of the labour market altogether.

But little is known about the links between graduate school and placement into these positions.  We wanted to understand whether one’s network enables MBAs to find the right opportunities, setting the stage for successful careers.

To connect features of social networks at school to job placement success, we analysed 4.5 million anonymised email correspondences among a subset of all 728 MBA graduates (74.5% men, 25.5% women) in the classes of 2006 and 2007 at a top U.S. business school. We measured job placement success by the level of authority and pay each graduate achieved after school.

Network Smarter, Not Harder

Studies suggest that women can benefit from taking a strategic approach to networking.

First, seek quality over quantity in your overall network. Keep in mind in this context, is less a function of how many people you know but who those people are.  Identifying and connecting with people who are connected to multiple networks is a key strategy.

Related to that point is the idea of embracing randomness. The more you associate with similar-minded or experienced people, the less likely you will be to diversify your network and inner circle. Because we tend to target actively when we network, we are prone to restrict targeting to people most like ourselves.

How do you break the pattern? Try random selection. We found that the random sorting of business-school students into sections, for example, raised the odds that female students will befriend those with experience and goals beyond their own, again expanding their knowledge and contacts in career-enhancing ways. Randomness democratizes the networking process, ultimately enhancing it.

Finally, beware a closed inner circle. When your inner circle is too interconnected—the people within it are similar and have similar contacts—it can feel socially secure but fail to generate key insights and opportunities. Workplace or industry affinity groups, for example, become closed structures in many cases. There’s nothing wrong with being part of such a group, but try to complement it with others representing more diverse experience and connections.

Employers, too, can aim to create more diverse small groups, to promote the development of women. Rather than creating just an affinity group of female coders, for example, populate a separate group with members from a cross-section of the organization that increase the chances of making unexpected connections, to better inform and support individuals.

Various studies also suggest that women face a greater challenge in networking to find professional opportunities – they, more than men, need to maintain both wide networks and informative inner circles in order to land the best positions. The good news is that by taking a smart approach, women can continue to find meaningful advancement possibilities while helping their peers and more junior contacts do the same.

Recent studies suggest women require a female-only inner circle in order to thrive and a larger well-connected networking system in regards to professional advancement. Men, on the other hand, do not do so well when engaging in a same-sex inner circle at all. All in all, it can be concluded that, for women, a networking system is simply not enough. It is clear that women have to network smarter and quite differently than men. It may sound exhausting, but it’s definitely worth it.

There is a real value in providing companies with the tools to carry out regular organisational assessments and this is where Great People Inside comes to your aid. Our online platform offers the best solutions and tools for your company to thrive in every type of industry and any possible situation your organisation may find itself. In terms of lowering your employee turnover rates, we recommend our GR8 Full Spectrum assessment for hiring and 360° Survey for retention. Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It requires deep knowledge of your own organisation’s culture and a keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:

https://www.wired.com/story/women-leadership-job-networking/

https://www.fastcompany.com/90277129/the-hidden-networking-gap-between-men-and-women

https://hbr.org/2019/02/research-men-and-women-need-different-kinds-of-networks-to-succeed

Top Challenges CEOs Face Nowadays

In a series of interviews conducted with CEOs of large companies in the United Kingdom, it has been discovered that close to 50% of all chief executives have stated that the role was “not what I expected beforehand.” The goal of this series of interviews was to determine what are the current challenges and best practices that CEOs should take into consideration when they accept this role in businesses nowadays. Furthermore, what happens when an organisation loses a visionary CEO? Most likely, innovation disappears and the company drifts for years out of sheer momentum and brand awareness. Organisations that go through these changes inevitably suffer the consequences and they rarely reclaim their former glory.

The aforementioned interviews have also revealed that most newly appointed CEOs find the transition period particularly challenging, even those professionals who have years of experience in this role. They have also mentioned certain aspects that new CEOs should always take into account: a correct flow of information that goes within and outside the organisation, managing time and energy accordingly and institute a clear framework in managing relationships with the board and external shareholders.

Managing Time & Energy

Stuart Fletcher, former CEO of Bupa had this to say: “Being time-constrained is a given, but the key is managing your energy. I’m very conscious of where I divert and direct my energy, where I get my energy and what saps it.” As mentioned above, older and more experienced CEOs understand the importance of time and energy management.

For example, chief executives spend a lot of time in all sorts of meeting with the board. Instead of treating board members as a drain of energy, many CEOs have stated that realising board colleagues can be a sort of insight and advice and can turn themselves into a proper source of energy. One of the CEOs interviewed has said: “It took a real mindset shift on my part but turning engagements with the board from an energy-draining exercise into a source of support and advice contributed greatly to my personal success and to the feeling that I had advocates around me.” Another important factor that must be looked into when managing time and energy is building a strong senior team as soon as possible, as Paul Foster, CEO of Sellafield has stated: “I spent too long working across multiple roles [CEO and previous role], when I should have been bringing in new hires.”

Managing Internal-External Relationships

CEOs recognise the importance of building trust with all stakeholders, with a priority focus on the board, investors and the media. Among those we interviewed, most spend on average about 50% of their time managing internal and external relationships.

Almost half of that 50% is taken up with board engagement. Nearly all former CEOs who did not focus on cultivating their professional relationships with board members yearned in hindsight that they had. Left all alone, board members can be influenced by investors or media outlets that focus on short-term goals often at the expense of strategies to build longer-term value.  This risk will be especially high with board members who do not really understand or adhere to a company’s business strategy or opportunities for value creation.

CEOs have reported that building relationships with investors and other external factors — customers, media, industry contacts and regulators — is often burdensome and time-consuming than anticipated. Rob Peabody, CEO of Husky Energy Peabody has characterised the process of managing externally as being able to “write your own scorecard”— with numerous opportunities to build support for long-term goals and build patience among investors. CEOs like Mr. Peabody are highly aware that good relationships with external shareholders are “two-way streets.” CEOs who regularly connect with investors will use their feedback to improve communication in presentations and materials regarding the company and in various media interviews.

The Information Flow

The impact of asymmetric information is most obvious and most damaging in the relationship between chief executives and external shareholders. Stock price is often driven in part by the messages a CEO communicates through engagement with investors, analysts, and the media. Learning to control this information flow is considered a quintessential factor in career longevity.

Inexperienced CEOs often revert to old, previously successful behaviours in times of stress, but eventually realize that they are no longer appropriate or effective in their new role. Survey respondents highlighted the need for CEOs to quickly adapt, clearly outline a personal strategy, and regularly evaluate themselves against it. “Am I getting the information I need from the business units?” and “Am I spending enough time on individual relationships with board members?” is important and can help identify challenges early or avoid them altogether. They also note that while the job can be isolating there is often help available. New CEOs who find that they are struggling to adjust should consider seeking counsel from a more experienced CEO, senior consultant, or coach to help guide their efforts and increase chances of success.

CEOs have a lot to manage at any given point in time given the fact that they are tasked with increasing business revenue whilst also managing employees and customers, there are a lot of variables nowadays. As a CEO you must be aware that there are many challenges throughout the day; some that can be planned in hindsight but others not so much.

There is a real value in providing companies with the tools to carry out regular organisational assessments and this is where Great People Inside comes to your aid. Our online platform offers the best solutions and tools for your company to thrive in every type of industry and any possible situation your organisation may find itself. In terms of lowering your employee turnover rates, we recommend our GR8 Full Spectrum assessment for hiring and 360° Survey for retention. Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It requires deep knowledge of your own organisation’s culture and a keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:

https://www.inc.com/young-entrepreneur-council/the-top-5-challenges-of-ceos-and-how-to-solve-them.html

https://boardmember.com/challenges-replacing-visionary-ceo/

https://hbr.org/2019/01/the-3-challenges-every-new-ceo-faces

Employee Loneliness and its Impact on Organisations

Loneliness is a painful and complex emotion. Loneliness has more to do with a person’s quality of social relationships rather than their quantity.

Loneliness has been studied for decades in psychological literature when it comes to social or personal lives. But how much research is there on being lonely in the workplace? Not a lot, which comes as no surprise.  As awareness about loneliness increases — British Prime Minister Teresa May appointed a minister for loneliness earlier this year, it’s important to understand exactly how people experience loneliness in their jobs. How does it affect their work? How does it shape their relationships with their colleagues? And what can employers or HR departments do to help a lonely employee?

In general, it was discovered that lonely employees tend to isolate themselves, they begin to feel less connected to their organisation’s values, and can be seen by colleagues as more distant and less inclined in discussing both work-related and personal matters.  These findings add to the voluminous research literature showing that the behaviour of lonely people has the effect of increasing their own loneliness. Even though the person may desperately wish to connect or re-connect with others, they see their environment has become threatening. Thus perpetuating a vicious cycle where loneliness leads to greater social vigilance. As a result, lonelier people are more likely to pull away.

In a research study conducted by California State University and the Wharton School of Business which has surveyed 672 employees and their 114 supervisors from 143 work team units have found that “an employee’s work loneliness triggers emotional withdrawal from their organization, as reflected their increased surface acting and reduced affective commitment.” and “The results also show that co-workers can recognize this loneliness and see it hindering team member effectiveness.”  Researchers have concluded that”…management should not treat work loneliness as a private problem that needs to be individually resolved by employees who experience this emotion; but rather should consider it as an organizational problem that needs to be addressed both for the employees’ sake and that of the organization.”

The company’s culture plays a crucial role in expressing the values and norms about the emotions that are allowed to be expressed at work. In our study, we found that a stronger versus a weaker emotional culture of sharing love (e.g. expressions of affection and compassion among employees) diminishes the negative relationship between workplace loneliness and affective commitment to the organisation.

Look for reasons to show your appreciation

Global research shows that people who feel appreciated are most likely to produce the best work. Let people know their value to the organisation, the culture, the team, and to you, as a manager or employer.

If you think workplace loneliness isn’t an issue you need to be concerned about then think again. Healthy workplace relationships are beneficial for employees in many ways. They help people to deal with work-related frustrations and stress, whilst simultaneously encouraging bonding through sharing successes and positive experiences.

However, it seems that employees are getting lonelier and lonelier. Despite the rise in popularity of open-plan offices specially designed to foster interaction and good communication, a recent UK-based study done by Totaljobs found that more than one-third of employees report having no strong relationships at work. As people spend close to a quarter of their lives at work, job isolation can have serious and very complex implications.

The case of cultural fit

If most people in an organisation or team share similar attitudes and personality traits, a person who differs in these respects may start to feel isolated and will struggle to bond with colleagues or even have a sense of belonging.

Another aspect of organisational culture that can prevent employees from forming relationships is represented by the lack of ‘psychological safety’; a quintessential element for effective teamwork. In companies or teams that do not meet the necessary psychological safe requirements, team members do not feel swayed to take social risks, such as revealing emotions, for fear of disapproval by colleagues.

In teams or organisations where a ‘openness’  isn’t promoted or associated with psychological safety, the potential for building relationships tends to be limited; employees are likely to keep to themselves, restricting how much they reveal about themselves to their colleagues.

What can be done to prevent workplace loneliness?

So, knowing what we do about workplace loneliness, what can be done to prevent and reduce it? There are numerous steps that can be taken by employers and employees.

A key approach is for employers to focus on hiring for culture fit. By assessing the fit between candidates’ personality characteristics and the organisational culture, employers can minimise the risk of hiring those who are going to struggle to fit within the company.

Finally, employers can also help to promote workplace relationships through various teambuilding exercises or adopting a transformational leadership style that is based on interpersonal trust. Of course, employees themselves can have a huge impact on loneliness through day-to-day interactions with one another. Unfortunately, is often difficult for employees to open up to colleagues about loneliness, for fear of the admission being met with ridicule and isolation. It is therefore important for employees to help identify any colleagues that may be struggling at building lasting relationships with other members of the team.

Finally, employees should contact their employers or managers if they have any suggestions for improving relationship-building, which in turn will lead to a tremendous increase in employee well-being and productivity.

There is a real value in providing companies with the tools to carry out regular organisational assessments and this is where Great People Inside comes to your aid. Our online platform offers the best solutions and tools for your company to thrive in every type of industry and any possible situation your organisation may find itself. In terms of lowering your employee turnover rates, we recommend our GR8 Full Spectrum assessment for hiring and 360° Survey for retention. Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It requires deep knowledge of your own organisation’s culture and a keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:

https://good.co/understanding-workplace-loneliness/

https://www.inc.com/todd-nordstrom/feeling-lonely-at-work-it-could-be-destroying-your-potential-heres-what-to-do-about-it.html

https://hbr.org/2018/04/the-painful-cycle-of-employee-loneliness-and-how-it-hurts-companies/

 

Building a Strong Emotional Connection with Consumers

Companies that are looking to make a lucrative organic growth are making major investments in the optimisation of end-to-end customer experience. In layman terms, this refers to every aspect of how customers interact with a brand and its products and promotions whether we are talking about on or offline. However, most companies still lack a clear strategy and objectives that connect all the aspects of a customer’s journey. Due to this lack of vision companies risk expending vast amounts of money and human capital without getting back any financial gain.

Most companies nowadays are too busy tracking customer activity across their stores, unrealistic measurements for and gathering huge amounts of data from social media, call centres, e-commerce sites loyalty programmes and so on. In this case, their goal is to improve customer satisfaction every step of the way. However, overall customer satisfaction levels are already pretty high and rarely represent a competitive advantage.

Thanks to the research done by Harvard Business Review (HBR) over numerous brands and industries, has revealed the fact the most efficient way to boost customer value is by connecting with them on an emotional level. This indicates the need to use ‘emotional motivators’ i.e. fundamental emotional principles which are often unspoken. Just to name a few we have the need to feel secure, the desire to have a sense of belonging or to succeed in life.

On the basis of customer loyalty, emotionally connected clients are at least twice as valuable as satisfied customers. Emotionally connected customers will buy more of the products or services you offer, they will visit your place of business or stores more often, they display low price sensitivity, they will recommend you more to their family and friends and even follow your advice. Here are a few examples:

Airbnb: Travellers who crave a more personal experience, then, the sharing-economy icon definitely hit an emotional chord through the use of principles such as of mutual trust and respect.

Starbucks: Given the fact they have created a sense of community in their coffee shops, the company has developed a deep and strong bond with their customers to become the perfect place between home and work.

Patagonia: This socially responsible retailer started connecting with like-minded customers and initiated supporting causes they are really invested in. Given its activist spirit, this is echoed in every aspect of the organisation, ranging from logistics to fair wages.

In all fairness, all the marketing tools available now have acted as a catalyst for brands and their customers. If we take a closer look at the leading marketing campaigns involving technology, we can clearly see that emotional marketing is further enhanced by digital tactics. This leads to brands building their reputation and awareness even stronger and with the added bonus of creating special bonds with their long-lasting customers.

The digital advantage

Contrary to popular belief, by embedding technology in our daily marketing campaigns does not mean brands give up on human connection. Through the use of new emerging technologies, organisations have discovered a more personal way to reach and persuade costumers. Messages that make people smile, cry or grimace are what lead to likes, shares and lifelong customers; and the opportunities that the digital era presents bring emotional marketing to new heights.

Influencing customer insights

When you’re designing a campaign revolving around emotions, the message has to reverberate with the desired target audience in order for it to be effective. Nonetheless, it is pretty difficult to build up such a campaign given the fact that every consumer in the customer journey is at a different point in their lives with unique priorities. Given social media websites and numerous apps, very specific customer data is now available allowing marketers to tailor the campaign for their customers on a very deep, personal and emotional level.

Reaching the target audience

Given that our lives have changed considerably in the past 10 years, we are now living in a mobile-first world. This translates into less physical interactions with them in the stores.  A big part of connecting with consumers on a more personal level is by reaching them where they are. It’s the organisation’s responsibility to discover what kind of device their audience is using more often and which content platform to they seem more in touch to i.e. Instagram, Snapchat or Facebook.

Harbouring customer loyalty

It is clear as day that campaigns that makes people angry, happy, sad, anxious or frustrated stay in the minds of the customers and will make them come back for more.

The moment when branded content is being distributed between family and friends and is also very engaging and entertaining, customer loyalty grows exponentially. When an organisation shares content with their customers either through Facebook or Twitter, we can clearly see the ‘art’ of creating an emotional campaign by combining it with science. These types of tactics have become one of the most effective ways in which to boost customer loyalty over decades.

If you are a believer in the idea of the digital era that is destroying the relationship between brands and their customers you may want to think again. Emotional and digital marketing are more intertwined than you may think. Campaigns that make people engage on an emotional level such as laughing, crying or smiling will continue to come out and they will grow in numbers, thus leading to an unprecedented level of engagement which can only be obtained through cut clear digital tactics.

There is a real value in providing companies with the tools to carry out regular organisational assessments and this is where Great People Inside comes to your aid. Our online platform offers the best solutions and tools for your company to thrive in every type of industry and any possible situation your organisation may find itself. In terms of lowering your employee turnover rates, we recommend our GR8 Full Spectrum assessment for hiring and 360° Survey for retention. Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It requires deep knowledge of your own organisation’s culture and a keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:
HBR.org

Forbes.com

MarTechToday.com

Climate Change: What Can Entrepreneurs Do?

Nearly a decade ago, saving the climate from destruction did not feature as a top priority for businesses. The scenario has however reversed. Today’s climate problem is so far beyond our human experience that it demands a complete overhaul of engagement from senior executives from the private sector. The threats that climate change poses to businesses and capitalism altogether are increasingly hard to spot, let alone act on.

While today’s entrepreneurs are competing against the old way of doing it is recommended to encourage a mindset shift, from linear to exponential. If we maintain our current linear thinking, we’re most likely going to create incremental fixes, while exponential thinking will get us to the network solutions required.

For small entrepreneurs around the world what are the key discussion points that must occur in the matter of climate change? In the next paragraphs, we will present a few tools that can help you better understand and find solutions to the world’s most pressing problem and how energy consumption in the developing countries has the power and ability to augment economies and lead people out of poverty.

1. Exponential thinking and embracing abundance

Try and plan for scenarios that may happen on the exponential curve. The framework of abundance thinking affirms the idea of a world where technology can solve most of the world’s problems and also reveal latent entrepreneurial possibilities. Strive to bring extremely diverse groups together in order to catalyse these new ideas.

2. Use the power of new advancing technologies

Technologies accelerating on an exponential curve are the tools that have the largest potential for a  scalable impact; the ‘Internet of Things’ and ‘Springwise’  are rich with innovation opportunities. For example, ‘Quantified Planet, a non-profit organisation, is in the process of creating an open source community and data platform in order to collect environmental data to make smarter local decisions with global impact.

3. Try, fail, repeat

There is a growing need for an ecosystem of exchanging ideas and experimenting that supports and encourages many new initiatives and failures. This repetitive process is also known as rapid prototyping is how entrepreneurs usually test and rapidly boost towards better solutions. Silicon Valley’s success lies largely in the understanding that in order to find solutions faster, you need to fail as quickly as possible. With climate change, there is no time to put our eggs in just one basket. We need to place as many bets as possible with a low opportunity cost, so they can fail quickly without dire consequences.

4. Keep a lookout for supporting technologies

Some of the best opportunities in innovation are represented by supporting technologies that are driving tremendous growth towards renewable energy. For example, there are technologies supporting the performance of photovoltaics (PVs) such as ‘Otherlab’s’ project, Sunfolding, has created a new solar tracking technology by applying high-volume manufacturing techniques to solar. By addressing the high cost of the control components, Sunfolding has reduced the price of photovoltaic systems and increased capacity, which will definitely help the technology become more widely distributed.

Great People Inside provides easy-to-use tools and processes to attract, assess, match, select, onboard, manage, develop, benchmark and maintain workforces anywhere in the world.

Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It requires deep knowledge of your own organisation’s culture and a keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:

 

https://hbr.org/2018/01/climate-change-is-an-overwhelming-problem-here-are-4-things-executives-can-do-today

http://www.sustainablebrands.com/news_and_views/ict_big_data/rob_nail/5_ways_entrepreneurs_are_helping_solve_climate_change

https://www.entrepreneur.com/article/299644

Employees and Cyber-Security:Thinking like Hackers

This year, 2017, hasn’t been the best for companies all around the world when it comes to the matter of cyber-security. Given the fact that so many attacks have occurred, many organisations have started to shift their attention towards preparing their employees for a safer workplace environment through better cyber-security programmes. This will, of course, go beyond basic training exercises on protocols and changing passwords. These types of programmes have been rendered obsolete. In order to train your employees against organised hacker attacks, they will have to learn to think just like one.

At first, it is important to understand what a ‘hacker’ means and what he or she does. The first step is to erase everything you ever heard or read about hackers. The media does have a tendency to exaggerate the term and to point fingers towards cyber attackers even when it is not the case. The view on this matter should be broadened.

It has to be said that in the digital era, hackers represent model citizens. They are professional people who are very creative and resourceful. Curiosity is their main drive and due to this quality, they see opportunity in every problem. Furthermore, given the nature of their interest, hackers realise there are few limits to technology and usually display a bit of mistrust in operating systems and know that no piece of software is immune to bugs.

Understanding all of this about hackers is essential. Numerous organisations worldwide have already introduced their employees to the ‘hacker mindset’. Early results have shown a drastic change in perception and value regarding cyber-security, this automatically leads to a better security across all departments. And as an added bonus, curiosity and resourcefulness will become second nature to the employees. There are a few easy steps to which you can start teaching your staff to ‘think’ like hackers.

Sharing Information

When something major happens in your company’s industry, it is recommended to encourage your employees to share their findings with the others. This doesn’t mean that everyone has to prepare a full 5-page report, just a few ideas that are worth mentioning. The idea behind this is to create a workplace where sharing information and thoughts are second nature.

Hackers obviously know what valuable data they are looking for and how to find it, usually searching for something valuable enough they can sell or blackmail the organisation for a large sum of money. This is important to understand when protecting your most prized possessions.

When your employees learn to share and work together to such an extent, it will help build an actual community within the organisation. It will also help create a sense of purpose around the company. Employees will become more and more vigilant of what is happening and will be more alert in detecting and responding to cyber-threats.

 IT Competitions and Hackathons

Encourage employees and even offer them leave days in order to attend hackathons, even if they go to learn and observe. Events like these offer people the chance to disconnect from their day-to-day routine and think outside-the-box in order to solve various issues, which basically describes the process of hacking. The general idea of hackathons is to enable people to flex their brain muscles into thinking in new and creative ways in order to solve problems. Through these exercises, teams manage to avoid one-dimensional group thinking and tunnel vision. Due to the complexity of the exercises, it makes participants and viewers alike more curious of the things happening around them, which is at the heart of a proper cyber activity.

If you wish for your employees to have a more hands-on cyber-security experience, you could arrange for company-wide competitions and games that will enable employees to figure out how cybercrime happens and the means to minimise or stop it. You could also use this opportunity as a means of developing a plan of action which allows security teams to respond as soon as possible. You can plan ahead of time and approve the necessary actions the company must take when malicious activity is detected.

Interdepartmental Collaboration

Introduce the idea of interdepartmental collaboration in the company’s bylaws. This will enable people from all areas to communicate more and offer support when difficult challenges arise.

Even if your organisation has the best security team there is on the market, we all know that humans are bound to make mistakes, it is in our nature. When the same people are looking at the same lines of code all day every day, it’s only a matter of time before something important gets passed them. The most security-conscious companies tend to invite security experts from outside the firm in order to help identify any mishaps the security system may have.

Given the current and future climate of business it is quintessential we learn to think like hackers. If we manage to adopt a ‘hacker mindset’, you will not feel left behind by all the technological advancements. By embracing them and recognising their power and ability to make the world a better and safer place will not be good only for security but for the business industry as well.

Great People Inside provides easy-to-use tools and processes to attract, assess, match, select, onboard, manage, develop, benchmark and maintain workforces anywhere in the world.

Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It requires deep knowledge of your own organisation’s culture and a keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:

 

https://hbr.org/2017/12/train-your-employees-to-think-like-hackers

https://www.inc.com/brian-kelly/think-like-a-hacker.html

https://www.entrepreneur.com/article/232402

Work-Life Balance for Parents: Is it Achievable?

Work-life balance has become an obsession for everyone nowadays. There are numerous articles, research papers and self-help books that are offering people advice on how to begin or develop a better balance between their personal and work lives. Unfortunately, the advice given in these reading materials are generally focused on the idea of making changes on individual levels, team expectations in relation to your job attributes or even organisational contexts that affect you only.

In a research paper published recently by Human Relations, they have discovered that our very own upbringing can have a powerful influence on our career and life decisions. Subconsciously, we learn and mirror our parents’ behaviour in terms of work-life balance. The research conducted by Human Relations had 148 in-depth interviews with around 80 parents working in London for law and accounting companies. An equal number of men and women were interviewed with ages ranging from 30 to 50 years old and with positions in middle or upper management roles. In the case of male participants in the study, the majority of them had a stay-at-home wife, but in the case of female participants, this wasn’t the case at all. It is also important to know that most of the participants were coming from middle-class families who were typically formed from a stay-at-home mother and a working father.

The principles and ideas they share are in a direct correlation with the deeply ingrained routines and ideas coming straight from their parents.

Replicating the Parental Model

The majority of male participants have been reported to have a work-life balance similar to the family they grew up in. Like their fathers before them, these men are the sole breadwinners in their household. This has made them internalise the work ethic and has ended with them working very long hours. As mentioned above this effect was stronger for men, due to the fact that both men and women in the study have designated the same-sex parent as their role-model.

Given the fact that these people have seen their parents working hard throughout their childhood and adolescence, their professional careers were inclined to follow in the same footsteps. Although they were able to rationalise and acknowledge the fact that their compulsive work ethic had negative effects on their personal lives it was very difficult for them to change their behaviour both on and off work. Even remotely trying to act divergently, this ‘pre-disposition’ continued to be seen in their actions.

Breaking Off the Parental Model

Worryingly enough, there are fewer cases in which participants have said that they have rejected their parents’ work-life balance. In most cases, this was an intentional act of breaking the ‘status-quo’, but there were a few cases in which participants wanted to distance themselves from their parents’ model even though they wanted to follow up in their footsteps.

Like every human being on this planet, some participants have started to question the influence their parents have had on them, after pondering on failures, regrets or traumatic experiences they might have picked up along their adult life (i.e. a close friend or relative getting sick). After such an experience, participants had a tendency to overhaul their entire schedule and refuse to no longer work weekends or even leaving their employer and finding themselves an environment with a more manageable schedule.

In the case of women, there were two groups that were identified as serious in their significance: women who wanted to be more close to their families because they had workaholic mothers and women who wanted to be more actively involved in the workforce due to their regret-filled stay-at-home mothers.

Parents who actually manage to achieve a rewarding work-life balance do not designate all their time and effort into making their children happy. Interestingly enough, these parents strive on raising children with a strong sense of responsibility who will eventually grow into respectable and responsible adults. These are the parents who ask their kids to help around the house by giving them chores. They establish a clear set of consequences if the kids do not follow through with their tasks. By enabling their children to value hard work and also, this being of quintessential importance, experience disappointment, their personal development will be more easily done.

Neglecting Themselves

Adults often forget about taking care of themselves. This statement is even truer when you’re a parent. It may very well be a cliché, but more often than not clichés are true so it is pretty clear that if you don’t take care of yourself, you won’t be able to help the closest people to you. Sometimes it may seem near impossible to have some well-deserved ‘me time’, especially if your schedule throughout the day has left you overtired or stretched to the very last drop of energy.

There are a few successful parents in the study that have discovered that taking care of themselves offers them the best chance at being efficient and productive over long periods of time. Relaxation and sleep may be essential, but exercise plays a decisive role nowadays. Physical activity not only improves overall health levels, but it is the key towards finding the right balance between work and family time.

Post-Work Guilt

Somewhat surprising, many parents wouldn’t want to be working full-time, but unfortunately, the current economic and social climate doesn’t offer the possibility of one to stay home or even work part-time. 44% of working mothers have reported they would be thrilled about the idea of working part-time. As mentioned above, this would not be financially feasible. Parents who succeed in today’s working environment have ridden themselves of guilt over the fact that they are working full-time. They feel there is no point in wasting time and energy over-thinking this problem. Coming up with the best plan for their scenario seems like the next best thing (i.e. working flexible hours, full-time job with kids somehow has to work).

Great People Inside provides easy-to-use tools and processes to attract, assess, match, select, onboard, manage, develop, benchmark and maintain workforces anywhere in the world.

Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It requires deep knowledge of your own organisation’s culture and a keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:

https://www.inc.com/amy-morin/the-5-things-successful-parents-give-up-to-reach-a-work-life-balance.html

https://www.forbes.com/sites/amymorin/2014/01/20/the-five-things-successful-working-parents-give-up-to-reach-a-work-life-balance/#59e263a157ea

https://hbr.org/2017/10/your-feelings-about-work-life-balance-are-shaped-by-what-you-saw-your-parents-do

Presentation Mistakes: Why it Happens and How to Solve It

At some point in your life, you must have experienced this unfortunate event. You are halfway through your presentation and things are going amazing. Your speech is fluent, the audience is engaged and you are feeling confident. But, somehow, your mind draws a blank. And your mind starts racing: “Oh no, things are getting bad! What was I about to say?”

If you relate in any way to this situation, you obviously know how awkward and cringe that feeling can be. It is also difficult to regain your rhythm. So the question now beckons; what can you do to avoid this mental mishap? Fortunately for everyone, there are a few tricks you can use and they will follow in the list below.

  1. Oversimplification isn’t helpful

Regularly, keeping things simple is one first public-speaking strategies you can follow, but there is a limit to simplicity as well. For example, if you are looking for one word or phrase to best explain various ideas you may not select the right one. Consequently, your thoughts get tangled, and your mind has to go through the whole process of unravelling each idea and then try to put them back together in the appropriate order.

Sometimes, all you need to get baffled during a presentation is to forget or cannot find the right word. This usually happens when people are trying to compress 2-3 ideas into one. That is where the mind can no longer cope. When preparing for a presentation it is essential you pinpoint every main idea and afterwards search for explicit language in order to convey it. Oversimplifying can make people struggle during a presentation in which everyone is paying attention to them.

  1. Never mention how many points you are going to make

This one is one of the most common mistakes out there. People should avoid telling the public how many points they are going to make because once the audience has a number in their head, be assured they will be counting. Being prone to mistakes due to our human nature, you may forget which exact point you were talking about and will have to encounter that awkward silence trying to remember where you left off.

In terms of strategies, people should also avoid using terms and idioms such as: “first of all”, “secondly”, “third” etc. It is recommended you keep things a little bit ambiguous by saying: “One of our strategies”, “Another one of our strategies” and so on and so forth. If you manage to keep out numerical terms from your speech you are helping your mind avoid going blank.

  1. Keep your rhythm

If you happen to stumble during your speech, do not get stuck trying to make it right. There are speakers out there that once they mispronounce a word their next thought is completely deleted from their “system” due to the simple fact that they thought about their mistake. In order to get passed the “system” failure all you have to do is reconnect with your speech rhythm. Start by breathing. When people breathe, they have the opportunity to get the body back in sync and from that their thoughts will start flowing again.

Drawing a blank is nothing to be scared or ashamed of. It happens to absolutely everyone and it doesn’t mean that you are not cut out to be a speaker. A true speaker is the one who knows how to make mistakes less often and how to recover quickly when it happens.

  1. Technical difficulties

There is nothing worse than sitting around and waiting for a presenter to figure out how to make the projector or clicker works or even worse, listening to a presentation without visual aids because he or she couldn’t make it work. Be prepared to connect to anything. Know beforehand the kind of projector, the size of the screen, and the layout of the room so you can be prepared for anything.

  1. Disorganised presentation

When people have to make a presentation, most people open up PowerPoint and start making slides.  That is a really bad idea. At first, use sticky notes to prepare your presentation’s story. It will save you loads of time and make your presentation more organised. Plus, if you want to create an emotional response in your audience use full-screen pictures. The text should just be used for facts. Animations are fun for the person making the presentation, but they don’t usually add anything valuable to it.

It is as clear as day that mistakes are inevitable; there will be a point in everyone’s career when they will have to make a presentation. Of course, for some people, public speaking is their opportunity to shine, but for others, it may seem like the perfect nightmare. Wherever you think you may have a problem, these tricks will help you develop your presentation skills.

Great People Inside provides easy-to-use tools and processes to attract, assess, match, select, onboard, manage, develop, benchmark and maintain workforces anywhere in the world.

Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It requires deep knowledge of your own organisation’s culture and a keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:

https://www.entrepreneur.com/article/239443

https://www.fastcompany.com/40478112/heres-how-to-avoid-drawing-a-blank-in-the-middle-of-your-presentation

https://www.mindtools.com/pages/article/presentation-mistakes.htm

Innovation through Failure

For the U.S. Navy Blue Angels, every practice session ends up with something a little bit surprising and that the analysis of their mistakes. The pilots do not congratulate each other on their training achievements, but rather say what they did wrong in front of the whole group and how they plan to fix that issue. Even though they are expert aviators, the Blue Angels do not allow their pride to come in the way of further improvement. Their approach is meant to strengthen ownership, to encourage the desire of being better and also coming up with a plan for it as well.

Failure is often seen as inevitable, but the way in which it should be viewed is invaluable. Failure is common in all industries, economic situations and market trends; it is one of life’s best philosophies. If your employees do not fear failure, they have a very good chance of succeeding. Fear is a very powerful component of the human mind, it makes people disengage, panic and pull out of possibly prolific business opportunities. The past cannot be fixed, but learning from past experiences can enable employees into harnessing a strong sense of innovation. Here are just a few tips through which companies can enable their workers to be more innovative.

  1. Creating an innovation prone environment

This has to start right from the very top. CEOs and CFOs have to start creating an internal ecosystem in which innovation can flourish. In order to begin garnering innovation, there has to be a clear vision of what the company wishes to achieve and how innovation is at the very heart of it. Leadership teams within the organisation have to figure out the right way in which employees can be motivated and inspired in order for them to deliver on any innovative ideas the company may want to implement.

Of course, selection and recruitment play a very important role in this matter. The HR department has to recruit the right candidates, people who are well-trained on how to come up with ideas and to properly establish what kind of tools and resources they require in order to create, test and receive feedback from customers. All of these processes together help create an innovative culture. An organisation that tries out a lot of ideas will definitely encounter failure but chances are, success is closer than ever. Due to the fact that companies have numerous initiatives, they improve their chances that one of them will be a major score.

  1. Outside-the-box thinking and aggressiveness

Usually, the basic culture of a team promotes safe-playing. In layman’s terms, be on time, try not to upset the hierarchy, follow the group norms and have a steady paycheck. This type of model is clearly an innovation killer and can put an organisation light years behind the competition. For example, entrepreneurs have never been people who play it safe. Also, they praise employees within their organisation that actually do something and are outside-the-box thinkers. Managers have to make sure their teams do not rest on their laurels because there is no such as thing as a one-size-fits-all game plan. It is essential that entrepreneurs and managers empower their workers to come forward with their ideas, to present their action plan and put it into practice afterwards.

Of course mistakes and odd product releases may happen but that is simply part of the business world as we know it. In the 1950s, the Jacuzzi brothers invented a whirlpool bathtub in order to treat people with arthritis. Even though the product worked in the way it was intended, from a sales point of view it was a total bust. Unfortunately for them, their target market was small, due to the simple fact that not a lot of people could afford expensive bathtubs. The idea was killed immediately after but was relaunched in a completely different market – luxury item for the rich. Obviously, it was an instant hit.

In 1959, Honda Motor Company entered the US market with their range of low-powered motorcycles. Things were going from bad to worse for Honda, as it learned in a very cruel way that what was tremendously popular in Tokyo suburb areas was a complete flop on American soil. After a while, they came back in the US with high-powered bikes that became an instant success. The founder of Honda, Soichiro Honda had this to say: “Many people dream of success. Success can only be achieved through repeated failure and introspection. Success represents the one percent of your work that results from the 99 percent that is called failure.”

Great deals of successes have been failures in the beginning. What today may seem like a logical invention that was meant exactly for that purpose, this is not always the case. People have to ready to fail; success cannot be achieved without gaining all the necessary variables from a problem. At Penn State University, there is a course for engineering students which is called Failure 101. The sole purpose of this class is for students to take risks and do as many experiments as possible. The more fails they have it gets them that much closer to an A grade.

Another great example is Christopher Columbus. He set out to discover a new and easier route to India. He landed in America and the rest is history. Pfizer scientists were testing a drug called Viagra which was meant to reduce high blood pressure. After further investigations it lead to the discovery of the effects it had on men, thus making Viagra one of the most successful failures in recent history. Another great example is regarding champagne. It was invented by a monk called Dom Perignon and it happened when a bottle of wine had fermented twice. 3M invented glue that wasn’t sticky enough. However, it was the basis for the invention of our daily used Post-it notes.

A leader who thrives on innovation will always encourage a culture of experimentation. People must learn that every failure they encounter is another step closer towards the road to success. Allow your employees to have the necessary freedom to innovate, to experiment and to be successful. All in all, it means allowing them the freedom to fail as well.

Great People Inside provides easy-to-use tools and processes to attract, assess, match, select, onboard, manage, develop, benchmark and maintain workforces anywhere in the world.

Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It requires deep knowledge of your own organisation’s culture and a keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:

https://www.entrepreneur.com/article/294673

https://www.forbes.com/sites/karenhigginbottom/2017/08/03/why-the-ability-to-fail-leads-to-innovation/#5bfd624a36f6

http://www.innovationmanagement.se/imtool-articles/failure-is-the-mother-of-innovation/

Overworked Employees: Signs and Prevention

Every manager dreams of having a team full of hard-working employees, people who, on a daily basis, come in engaged, focused and prepared to reach all of their goals. And while everyone can appreciate employees who are very productive, there is a fine line between productivity and burnout when we talk medium to long-term. Unfortunately, that line is not hard to cross. All they have to do is start believing they have to work longer hours, even though business hours were over a few hours ago.

Perhaps there are managers out there that don’t want to realise this is a rising trend. In 2015, a report from Workfront “State of Enterprise Work” analysed the working hours of more than 600 employees. 52% of them have said they work longer not to catch up with assignments but actually to get ahead. This statistic raises a number of questions:

  • Do employees think this is what is expected of them?
  • Where does this feeling of working longer hours come from?
  • Are employees trying to avoid getting overwhelmed by work?

Perhaps an even better question would be:

  • Why don’t managers acknowledge this?

Managers have the responsibility to establish an environment where employees know and feel that they appreciated for their efforts instead of constantly questioning themselves and think they need to put in more and more work. Although the latter scenario may sound ideal, it is as clear as day that it leads to exhausted and even burntout employees.

Your business may be flourishing, but if you do not have any workers left to run the operations smoothly, employee turnover levels may change quickly. If you feel your employees have been neglected or have been overworking themselves, it may be time to take action and prevent anyone from quitting. Here are a few quick steps to implement in order to boost morale and bring back engagement at respectable levels.

Employee attitude shift

When employees start getting exhausted and frustrated about their workload, their attitude starts to drift towards a more negative perspective on work-related issues. Perhaps you have noticed some of your workers being angry and extremely irritable with frequent outburst towards their colleagues. It is a very clear sign they are over-worked and over-stressed. They may require some time off work or if deadlines are piling up the manager should be directly involved in dealing with day-to-day tasks and activities.

Higher working hours/week

In the vast majority of companies, the typical employee works more than 40 hours per week, more often than not it goes beyond 50 hours. In John Pencavel’s Stanford study, he has discovered that productivity reaches its maximum potential at around 49 hours, after that it dips down dramatically. If your workers are constantly working over 50 hours a week, it may a clear sign of exhaustion. Long hours lead to lower engagement levels, frustration and eventually burnout, so it is essential that the manager checks the average working hours put in by his team. Also, try and encourage your staff to work more reasonable hours in a week.

Vacation Days

There are situations in which employees do not use up all of their vacation days. This typically happens when they are over-burdened with work or they feel they haven’t pulled up their weight in the past few weeks or months. This where the HR department has to keep a close eye on employees, who do not use their vacation days in order to relax and decompress.  A quarterly review of this situation is imperative so that companies avoid burnout employees.

Increased employee turnover

It is common knowledge that stressed and exhausted employees are always susceptible to quitting. Obviously, this happens because employees have stopped being happy and they start seeking other employment opportunities. Providing flexibility for their work schedule can go a long way to reducing unwanted stress. Some people may be excellent workers during the early hours of the morning while others are night owls; allowing your employees some leeway with their schedule can be a simple way to create a happier and more productive work culture. Also, provide your employees with a Goals and Objectives document. This enables you, the manager, to have discussions with your staff regarding new projects or deadlines in order to mutually determine project priorities, shuffling due dates and rebalance workloads.

“Unplugging” from work

This has to start from the manager exclusively, by avoiding sending emails or texts during night time. Managers have to show faith in the importance of their employees’ life. A life in which they work, they have time for their hobbies and time to rest. Everyone needs to detach from work, which nowadays automatically means to spend time away from our smartphones and gadgets.

Bottom line is, there has to be respect for the people who work for you. It is essential for the manager to provide work for his employees, tasks that are challenging and exciting whilst at the same time making sure they do not overload. With the right balance and tension between projects can help create a wonderful working atmosphere with properly engaged and motivated employees. Managers should be mindful and keep an eye on for various signs that their team might reach the burnout point. Employees tend to keep their thoughts and ideas to themselves, afraid of what might happen if they confront their managers. This is why it’s up to the managers to observe and adjust any unfair situations that may develop in the workplace.

Great People Inside provides easy-to-use tools and processes to attract, assess, match, select, onboard, manage, develop, benchmark and maintain workforces anywhere in the world.

Finding the right talent, the best fit for the job and your organisation can be a very challenging task. It requires deep knowledge of your own organisation’s culture and a keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.

Request a free demo:

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Sources:

 

https://www.inc.com/mandy-gilbert/what-to-do-when-everyones-overworked-and-theres-a.html?cid=hmpopface5

https://www.entrepreneur.com/article/286777

http://www.lifehack.org/articles/lifehack/how-to-manage-a-staff-that%E2%80%99s-overworked.html

https://www.forbes.com/sites/lisaquast/2015/11/08/8-signs-that-you-could-be-accidentally-over-working-your-team/#1f52711a5899