Tag Archives: Business Leadership
A shift in attitude from having a job for life to continuous learning in work can keep the UK workforce relevant and as agile as the changing marketplace
According to an article by Martin Martindale of Raconteur, the UK is in the middle of a skills crisis, with sectors ranging from engineering to hospitality and accounting to customer services, all reporting difficulty in attracting suitable staff, according to a recent survey by the Recruitment and Employment Confederation.
Against this backdrop, training and development has become more important than ever, both in developing the skills organisations require now or in the future, and in attracting and retaining talent. Research by recruitment firm Hays found 39 per cent of employees would be willing to sacrifice a job offer if there was no prospect of receiving further training, while 78 per cent described themselves as “ambitious”.
With the skills businesses require also changing – the World Economic Forum estimates 65 per cent of children today will end up in careers that don’t even exist yet – it’s also clear organisations need to update their approach to learning and development.
“Individuals and companies that succeed in the future will be those who adopt the philosophy of lifelong learning,” says Nigel Heap, managing director of Hays UK and Ireland. “Businesses that facilitate the resources, tools and time to support learning will not only have employees who are more engaged, but their business will be better placed to face challenges and remain innovative.”
Having senior leaders and managers back the concept is essential, says John Yates, group director at ILM, a City & Guilds Group business, and director of New Ventures. “At a very basic level, leaders are instrumental to rewarding and recognising efforts made to upskill, and they also need to develop their own skills and be seen to be doing so,” he says. “As a strategic priority, it must also be led from the very top and resourced accordingly.”
No matter if your budget it £100.00 or £100,000.00, you need to ensure you have effective and efficient systems in place to control how the budget is being spent.
This resource includes a checklist which will help you establish or review process you have in place to keep you and your budget on track.
In this video, Paul Bridle explores the balance between the 80% of what businesses does as a matter of course and the 20% over and above that really make a difference for the customer.
The European Court of Human Rights’ judgment on the right of a Romanian worker to privacy in his email accounts clarifies the boundary for UK employers on rights to privacy in the workplace.
In this case, the employer asked Bărbulescu to set up an email account for work purposes. He was subsequently dismissed after his employer checked his messages and found he had been sending personal messages to his brother and fiancée during working times.
The original ECtHR judgment found that Bărbulescu ‘s right to respect for private and family life under Article 8 of the European Convention on Human Rights had not been breached. They judged that it was reasonable for employers to check whether employees were carrying out work during working hours.
The decision of the Grand Chamber, however, overturns this decision. They found the employer had not struck a fair balance between the right to privacy and the employer’s right to ensure the effective running of the company.
Companies often complain about the unrealistic expectations of millennial workers, but heeding their call to action can improve the work environment for everyone.
The writers of this McKinsey report believe that it's time for leaders of organisations to stop debating the millennial problem, hoping that this supposedly exotic flock of sheep will get with the program.
Instead, they should see how questions and challenges from their youngest employees can spark action to help their companies change for the better.
To read the report in full Click Here
Senior leaders need to understand the interests and influences of stakeholders before making any key decisions.
It is particularly useful when considering the political implications of introducing or dispensing with a particular product or service, or when heading in a new strategic direction.
Using a 'power vs. interest' matrix, this activity will help a senior team examine the relative power and influence of several key stakeholders.
To download this activity, click on the following link: Stakeholder Analysis Activity