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Is Praise The Best Way To Motivate Employees?

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It is fair to say that society has reached a point in which excessive praise is being offered to the rich and powerful. The upper tiers of our present society have been showered with awards, honours and superstar status. Billionaires and philanthropists alike are massively applauded for their work and charities which turn out to have very little impact on the world. The effects of this practice of praising excessively are worth taking into account and raise some concerns. By praising people, even though they deserve it can have a negative impact on how they behave.

Numerous psychological studies have been done on this subject and they have demonstrated that people are highly responsive to moral compensation. In layman terms, this means that when people feel they have acted well, they also feel that it gives them permission to engage in negative behaviours in the future. The reverse works the same way. If more and more studies come out and prove the accuracy of the aforementioned studies then humanity can practically see the social consequences of praise and/or blame. Too much praise could lead people to act badly, whilst blaming them when they make mistakes could lead to positive behaviour. So how many influential, wealthy and powerful people does the world need to harm society irreversibly?

Every organisation knows that culture without revenue is not feasible or sustainable. If a company wouldn’t be growing financially, there would be a complete shift in culture. It is important to have fun, but it’s never in first place. In order to get the best out of employees it is recommended to explain your expectations from them since day one. If employees understand the culture and how success is determined, they will be off to a flying start.

However, giving feedback remains one of the most difficult things a manager has to do. In a survey which amounted 7,631 people, 44% of them agreed that giving their employees negative reviews is difficult and stressful. Some quotes from the managers interviewed have surfaced the negative impact it has on them: “I just wanted to get it over quickly”, “They don’t pay me enough to do this”, “I did not sleep the night before” and “My hands were sweating and I was nervous”. Given the anxiety managers are facing when they have to offer negative feedback, 21% admitted that they avoid giving the negative feedback altogether.

In a comparative study 328 managers’ self-assessments were correlated with results from 360-degree feedback surveys. Each leader was rated by an average of 13 respondents on a variety of behaviours, including “Gives honest feedback in a helpful way.” The ones who rated that thought a person was effective in giving feedback were most influenced by the leader’s comfort and willingness to give positive reinforcement. Whether the manager gave negative feedback did not make a big difference — unless the leader avoided giving positive feedback. This was also true when we looked only at the ratings of direct reports.

When the study looked into the managers’ self-assessments, however, there was a totally changed point of view. There was a strong correlation between people who believe they give “honest, straightforward” feedback and those who give negative feedback, regardless of whether they also give positive feedback.

Leaders obviously carry some incorrect beliefs about the value and benefits of different forms of feedback. They vastly underestimate the power and necessity of positive reinforcement. However, in reverse, they greatly overestimate the value and benefit of negative or corrective feedback. In all, they misjudge the impact negative feedback has on how they are perceived by their colleagues, bosses, and direct reports. Giving only negative feedback diminishes a leader’s effectiveness in the eyes of others and does not have the effect they believe it has.

Perhaps in an effort to provide employees with what they believe is direct, honest feedback, managers who prefer giving negative feedback may come across as only looking for what’s wrong. Some employees have described this as, “Quick to criticise and slow to praise.” While the findings do not directly reveal why managers are so hesitant to give positive feedback, the study that involved the leaders suggests that there could be a variety of reasons. Perhaps it starts with the perception that the really good managers are the tough graders who are not afraid to tell people what’s wrong. Possibly they believe that giving people positive feedback will encourage a subordinate to let up or coast. Maybe they are emulating their prior bosses who gave little praise, but who pointed out any mistake or weakness. Some may believe it a sign of weakness to praise subordinates. Maybe they just don’t know how to effectively deliver appreciation or praise. Or maybe they intend to give kudos, but feel so busy that the days slip by and they never quite remember to send out that note of praise for a job well done.

In conclusion, the findings suggest that if you want to be seen as a good feedback-giver, you should proactively develop the skill of giving praise as well as criticism. Giving positive feedback shows your direct reports that you are in their corner, and that you want them to win and to succeed. Once people know you are their advocate, it should also make giving criticism less stressful and more effective.

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/tom-gimbel/why-praising-your-staff-might-be-the-most-dangerous-thing-you-do-today.html

https://www.fastcompany.com/90394590/this-is-the-negative-effects-of-praise-that-youve-probably-never-thought-about

https://hbr.org/2017/05/why-do-so-many-managers-avoid-giving-praise

Cultural Conflict in the Workplace

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Cultural conflict in the workplace is never healthy and may lead to significant drops in productivity and morale. Managing such conflicts leads to a more harmonious workplace and, more often than not, garnering more creative ideas through multiculturalism.

Nowadays, companies have culturally diverse teams and it guarantees them success in the long term. Besides common sense, scientific studies have also revealed the fact that people with distinctive points of view and personalities increases the creativity of a team in solving their tasks. This is an honest assumption if we consider that every team member is pulling in the same direction.

A few years ago, Harvard Business School Assistant Professor Roy Y. J. Chua started to think about the impact of various cultures when working on a case study about a Chinese luxury apparel company. From his observations he discovered that there was a lot of unresolved conflict, miscommunication and tension between people of different cultures. Even when asked about their issues people did not seem to think there is a problem between them.

From his previous studies, Chua has compared the cultural problems and discrimination to hostile work environments where sexual harassment or racial discrimination were the underlying troubles. In these instances as well, co-workers’ performance and morale dipped even when they were not the targets of the aforementioned abuses. This is what is called ‘indirect conflict’ and it happens more often than companies think. For example, children who observe tensions between their parents may grow sceptical of the idea of marriage and just as citizens of USA and Mexico may have a growing hatred for each other due to the bickering their leaders have. So isn’t it possible that it could happen in the workplace?

Further Analysis Requirements

In order to further his discoveries professor Chua had decided to test his hypothesis with a series of studies. In the first study, a group of online participants were asked to make a list of their most important people on their own social media profiles, making note of their cultural backgrounds and if they were in good relations with one another. In the second part of the study, professor Chua has asked the participants to do a word association exercise in order to test their ability to connect distinct ideas from various cultures – this being the precursor to creativity on a global scale. In the exercise, they have been given the words “great”, “street” and “Berlin” and their answers should have been “Great Wall”, “Wall Street” and “Berlin Wall”. The findings from this exercise revealed that participants who had a more diverse pool of people on social media and disliked each other did around 23% worse on the test.

In Chua’s second study, he had asked the participants to think about 2 or 3 people from the same or different cultural backgrounds who have a reputation for not getting along too well with other people. Furthermore, study participants were asked to read professor Chua’s Chinese fashion house case study and then make their own suggestions for the collection that was going to be launched next year which would blend Asian and Western fashion styles. After this, fashion experts were asked to judge the creativity of their ideas. They have determined that the people with the least creative side were the ones who recalled friends from various cultural backgrounds who had conflicting relationships (e.g. 23% lower creativity score than the rest). Another interesting point discovered by Chua was that participants who saw people from different cultures having a good relationship, that it did not promote creativity, leading professor Chua to the conclusion that “As human beings, we pay more attention to negative information because it is a signal of danger. Positive information tends to be given less weight.”

CULTURAL SHOWDOWN

The experiments performed by Chua have demonstrated that for people working in multicultural business environments, it may be a slight risk but at the same time it underlined the importance of creating an environment that reduces intercultural disharmony. He went on to say “It is inevitable to have conflict when you bring people from different cultural backgrounds together,” he says. “It’s about how you manage the conflict. A lot of times managers try to put together a multicultural workplace without trying to integrate people better.”

It is fair to assume that if you were to be exposed to different work environments and ethics which differ to the ones you have grown accustomed to. This will most likely lead to wrong assumptions regarding your colleagues or managers and not with you. For instance, there may be a problem for people who celebrate Ramadan or the Lunar New Year who are living in Europe, because most Europeans do not value the importance of these holidays.

The reason this usually happens is because people have a tendency to over-value their own culture. We tend to believe that the way we do things, we communicate, we make decisions or lead is the most natural, polite, civilised and effective. Due to the clash between 2 cultures, we under-value and disapprove the new culture due to the fact that we are so set in our own ways.

There isn’t a simple recipe to manage cultural friction in the workplace, but solving it does create a harmonious workplace and the company can use the creative force which brought on by multiculturalism.

In order to manage cultural conflict here are a few things companies can do:

  • Cultural background research on all employees.
  • Remember never to pass on judgement through you own cultural frame of reference.
  • Developing self-awareness in all employees in order to be more conscious in approaching another person
  • Reconciliation is key as a leadership skill
  • Becoming as culturally competent as possible and develop traits such as compassion, empathy, behavioural and thinking flexibility and emotional resilience.

In conclusion, it is fair to assume that this information does not mean the company’s cross-cultural conflict is completely and forever solved, but it definitely is a step in the right direction.

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.londonschool.com/lsic/resources/blog/conflict-workplace-its-personal-even-when-its-cultural/

https://www.expatica.com/employment/employment-basics/dealing-with-cultural-conflicts-at-work-422715/

https://www.forbes.com/sites/hbsworkingknowledge/2013/12/09/how-cultural-conflict-undermines-workplace-creativity/#5cf7b03e214f

The Rise of Analytics in HR

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Back in 2017, in Deloitte’s Human Capital Trends report, it has been revealed that people analytics was a top trend and a top priority for every respectable organisation. 71% of companies that were surveyed for the report have stated that people analytics is of great priority.

It has become more and more evident that data analytics in HR have become to matter more than ever before. Although people skills remain a top priority for every HR manager, there are numerous companies and non-profit organisations that are using data and are calculating everything from talent acquisition and productivity to retention and job structure. This shift towards data and analytics is saving businesses tremendous amounts of money.

Furthermore, the data which is being collected is being used by analytics experts and HR managers alike to study and learn more about employee behaviour, overtime patterns, how people relate with each other in the workplace, time management – all of this to better understand their workforce and how to boost the company’s performance and production.

Oracle is another company that has been doing its very own global survey in order to better grasp where HR is in terms of analytical functionality within an organisation. Their findings have revealed that HR departments are one of the most analytical in various companies, and it’s even pulling ahead a bit in relation to the Finance department. Some HR departments are actually using the latest technology in predictive and prescriptive models and, in some specific cases, artificial intelligence.

This is an enormous shift from ten years ago when studies began to arise in talent analytics. At that time, the only player that was using sophisticated HR analytics was Google. Back in those days, there was a ‘normal’ amount of reporting that was happening, but there wasn’t anyone designated to predict. A minority of HR organisations even had an analytics employee. To better put things into perspective, ‘HR analytics’ was typically understood as a conversation about the total number of employees the company had and how to better measure the employees’ level of engagement.

Even before the surveys from Deloitte or Oracle came out, there was a definite shift in trends in today’s modern organisation. Most multinational corporations have a few employees, specifically, to just analyse data. Nowadays, there are various conferences around the world tailored to this specific topic. Organisations now alter or adapt the way they do business in order to shape growth, engagement and other variables which are considered key.

The aforementioned Oracle survey involved 1,510 respondents from 5 continents and 23 countries. Through these respondents, there were senior managers, vice-presidents and directors from HR (61%), 28% from Finance and 10% from general management. It is also important to know that all executives that have participated were from businesses with at least 100 million dollars in revenue. The detailed statistics are as follows:

  • 51% of HR respondents could perform predictive or prescriptive analytics, by contrast only 37% of Finance respondents could tackle these advanced forms of analytics.
  • 89% were in agreement with the statement “My HR function is highly skilled at using data to determine future workforce plans currently (e.g. talent needed),” and only 1% disagreed.
  • 94% of respondents agreed that “We are able to predict the likelihood of turnover in critical roles with a high degree of confidence currently.”
  • 94% also concurred that “We have accurate, real-time insight into our employees’ career development goals currently.”
  • When respondents answered this question “Which of the following analytics are you using?” “artificial intelligence” had the highest response rate, 31%. When asked to further explain how they used AI, the most common answer was “identifying at-risk talent through attrition modelling,” “predicting high-performing recruits,” and “sourcing best-fit candidates with resume analysis.”

So why is it that HR departments have become more ‘natural’ in their use of advanced analytics than Finance, which is theoretically work based around numbers? In most cases, this is because Finance organisations and the respective CFOs that have lead them found it extremely difficult to move from reporting and descriptive analytics towards advanced analytics that are being used nowadays.

The reason why Oracle has chosen to survey both the HR and Finance executives and managers is due to the simple fact that there has been a serious increase in their need to cooperate. Given the fact that most often than not employee expenditures represent a company’s highest costs and because an organisation’s financial position will always guide the size of the business, there is a clear need for symbiosis.  Fortunately, the Oracle survey has found that high levels of collaboration are already in place. In the same survey, it has been discovered that 82% of respondents agreed and strongly agreed, with only 5% of them disagreeing, that “Integrating HR and Finance data is a top priority for us this year.” However, not everything is pitch perfect. Numerous interviews conducted post-survey have brought to light the fact that there are many more opportunities to be seized further than sharing of data and cooperating on analytics.

In conclusion, it would be stretch to think that analytics will solve HR’s every problem, but they can definitely provide a deeper understanding of every department within an organisation, help train HR specialists into developing projects that can enhance talent investments whilst also monitoring and developing recruitment, engagement, development, retention, productivity and many more workplace activities.

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://bovardcollege.usc.edu/hr-analytics-are-a-driving-force-in-recruitment-retention-and-productivity/

https://hbr.org/2019/04/is-hr-the-most-analytics-driven-function?ab=hero-subleft-2

https://lesley.edu/article/how-hr-analytics-are-changing-business

Networking Particularities of Men and Women

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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

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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

Anatomy of a Future HR Leader

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Extract from an article published in HR Magazine:

“What should the HR leader of tomorrow look like? A seemingly simple question… The answer though is a much more complex – or perhaps alarmingly short and unilluminating – ‘we just don’t know’. And it’s safe to say that tomorrow’s world will be even more difficult to forecast moment to moment. Which means predicting the exact technical skills HR professionals will need – in a future characterised by continual reskilling and ‘agile learning’ for all parts of the workforce – will become an increasingly fraught endeavour.

The one thing we do know, however, is that to survive and thrive in the future world of work – particularly when it comes to leadership positions – professionals will need to be able to stay resilient, positive, open-minded and strategically-savvy in the face of sudden dramatic changes of direction. This was the conclusion a panel of top current and former HRDs (representing the public, private and third sectors) came to when they met towards the end of last year to discuss the topic with HR magazine; and to help compile an assessment, in partnership with psychometrics firm Great People Inside (GPI), to see whether those on track to be HR leaders have what it takes.

Our panel chose nine dimensions (see box below), selecting for each where HR business partners (HRBPs) should sit along a sliding scale of one to 10 to have HR leadership potential. Stress and resilience, engagement, curiosity and self-awareness, and a VUCA approach were qualities our panel decided the HR leader of the future should possess in particularly strong amounts  (i.e. the more resilient, engaged, curious and VUCA-ready the better).”

To read the full article, please access this link.

 

Work-Life Balance for Parents: Is it Achievable?

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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

Great People Inside Conference: HR (R)Evolution – 11,12 October Brasov, Romania

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Registration for the Great People Inside Conference: “The New World of Work” – the only international event held in Romania for 14 consecutive years –  has started!

We are currently at the beginning of the 4th industrial revolution.
Professional transformations are set in motion by globalisation and technological revolutions, especially a digital revolution – going from mechanical technology towards digital technology. The speed at which these changes are occurring is not going to slow down – in the next 20 years we will witness a continuous revolution of the workplace and workforce, marked by volatility, uncertainty and complexity.

The Great People Inside Conference: HR (R)Evolution, which will take place on 11&12 Octomber 2017 at Kronwell Hotel, Brasov, Romania,  will launch into interesting and challenging discussions regarding the pace of technological changes being made, the effects it has on jobs and the implications it has on HR, organisations, and employees.

A unique concept bringing together business representatives, entrepreneurs, managers, specialists and researchers in the field of human resources from all industries; psychologists, representatives of central and local authorities, large consulting companies, as well as internationally renowned experts from the United States of America, Canada, Czech Republic, Italy, Spain and Germany.

The 2-day programme combines thematic presentations, bold conversations and group discussions in an interesting manner, with the purpose of discovering techniques and strategies that will determine success in the near future, eliminating the uncertainty of this transitional moment and preparing for the rapid changes that occur in the workforce.

An event dedicated to sharing ideas, inspiration and information regarding the future of work.

For more information, please visit the conference’s dedicated website.

 

Salary Talk – dangerous but necessary?

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Talking about salaries with your coworkers is always a difficult and sensitive issue at the workplace and can potentially lead to problems with your employer. Although it’s not illegal to discuss wages around the office, it is something that is frowned upon. Of course, there will be situations when salary will have to be discussed and when that happens, it must be handled with great care so it doesn’t come back to haunt you.

How to Talk about Salary

If you really wish to discuss this topic with your coworkers, approach this conversation with caution. At first, it would be wise if you talked with your ‘work buddies’. Every person involved should avoid mentioning the discussion to anyone else. A safe way to bring up this subject is to discuss about people who have left the company in the past, or have moved to another department. It might be a bad idea altogether because of the discussions that could spiral afterwards.

Why you shouldn’t talk about wages

There is always the possibility to find out that your coworkers are earning more than you and from then on, jealousy and resentfulness are just around the corner. If the situation is in reverse, than your coworkers may start resenting you and you may as well be phased out from common break times or from social events after work. Besides the resentment, morale and teamwork in the workplace may suffer terribly. This could lead to potential problems with your manager, especially if he or she specifically asked you not to initiate such conversations. Although you cannot get fired over this, your job may become troublesome to perform. It’s always good to focus on what you can do by yourself to boost your salary; getting involved in more projects where you feel your contribution may be decisive. Initiative comes a long way.

When you should discuss salaries

Apart from the obvious risks mentioned above, there are a few scenarios which are worth exploring when talking about wages. If you discover you are being underpaid in comparison to your colleagues, it’s a good thing you find out early on. This will offer you the possibility to analyse the range of salaries amongst the office and you could negotiate a better pay further down the line with your manager. There is a slight chance that all your coworkers, including yourself, are being underpaid. Thankfully, there are websites (Payscale.com) where people can compare the average salaries for similar positions in various companies. If everyone’s pay is under the market average, you may work together to find a solution in which all of you can get a fair wage. You should always take into account the fact that every person’s circumstances are different, so your approach should be well thought out.

What managers can do

Discussing pay with your employees can prove to be difficult. Conversations with your staff can bring up various emotions, most of them negative such as: jealousy, greed and sometimes even hate. Employees are likely unaware that pay is different due to factors like education, training, negotiating skills and, of course, experience. In order to avoid back talks around the office, that may as well affect company morale, here are a few strategies managers could deploy so that employees feel their work is treated with respect:

  • Decent salaries – Have a look at the company’s finances and, if possible, have the salaries at a competitive level in the marketplace.
  • Encourage official workplace discussions – People need to feel safe and comfortable if they are to approach the HR department with enquiries or considerations regarding pay or workplace conditions.
  • Future potential – It’s important for managers to have constant conversations with their employees, everything ranging from salary range to professional development. Advise and guide them towards adding more skills, trainings and certifications to their existing palette. Additions that would lead to a promotion and automatically a pay raise.
  • Internal surveys – It is always good to get a read on the workplace atmosphere. You can discover the level of morale, engagement and how to solve these issues as well. It also gives a chance for employees to have their voice heard on various themes regarding the company.

Companies should know by now that their employees represent the backbone of their organisation. Trust and appraisal can keep problems at bay even before they get the chance to escalate. With the help of the HR department, issues such as this should resolve themselves quite easily.

Great People Inside can help you find the right talent, the best fit for the job and your organisation. It requires deep knowledge of your own organisation’s culture and keen understanding of the candidate’s personality, strengths, interests, work style and other characteristics. The GR8 360° tool is excellent at developing managerial competencies, skills and behaviours. When using this assessment, you will find over 50 dimensions that come along with suggestions for future improvement and development. 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.

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Sources:

http://work.chron.com/can-tell-coworkers-salary-7204.html

https://www.monster.com/career-advice/article/dangers-discussing-pay-coworkers

What You Can and Can’t Do When Employees Discuss Wages

 

Reducing Employee Turnover

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In the majority of cases, a high employee turnover is not regarded as ideal for a company’s reputation, performance and goals. The costs themselves are high due to the fact that people are leaving, thus leading to numerous hirings and training programs for the constant flow of new employees. If your company has experienced high turnover in recent times, it might be time to think about effective retention strategies.

A high employee turnover is bad for any organisation’s bottom line. It has been estimated that the cost of replacing an employee is nearly double their salary for a year. Morale can also go down if too many people come and go through the office doors.

There are a number of ways in which you can reduce employee turnover and they are not as difficult as you might think. When employees feel their work environment offers them the necessary support for them to achieve their goals that is when they thrive the most.

There are many ways in which you can make your employees feel that their work is appreciated enough so they don’t leave or you are not forced to fire them. Let’s go through these ideas step-by-step:

  1. Flexibility – Work flexibility is all about the possibility of working either from home, a café or even while on vacation, as long as employees have a good internet connection (and that is not hard to find nowadays). People are more motivated to produce great results when they have the opportunity to work in the environment they’re most productive. This idea works best on the new generation i.e. millennials.
  2. Honest job expectations – Many companies suffer from high employee turnover due to the fact that employees are assigned something different from what they have seen in the initial job description. When employees are given responsibilities that do not suit their interests and strengths, their drive to perform goes to ground.
  3. Promote a healthy work-life balance – The work-life balance has become extremely important to employees, but many managers fail to realise that. The managers should take care of their team in order for them to avoid employee burnout. Regular check-ups help, because if you observe something is not right with one of your staff you can give them a day off to decompress. It is key you do not bombard your employees with one too many projects at once.
  4. The possibility of professional growth – It is as clear as day that people are more interested in jobs where professional development is one of the advantages. In order to boost your company’s performance, (internal) growth has to be one of the core principles. Whether we are talking about a promotion or a simple salary raise, this will motivate your employees to achieve the organisation’s goals/objectives. Provide the opportunity for career and personal growth through training and education, challenging assignments and more responsibility. Welfare is important to people, undermining their value and pay would be a fatal mistake. Managers and CEOs should work hand in hand with the HR department in order to devise to most appropriate pay plan possible for their employees.
  5. Finding the best candidate from the beginning – It may seem like a pretty obvious idea, but many companies fail to realise the importance of the recruiting process. Besides the necessary skills any employee should have, try and find out if that person identifies with the company culture and gets along with the co-workers and managers.

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 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:

Theculture.com

Guides.wsj.com

Thebalance.com