Tag Archives: Skills
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.
McKinsey report that executives can thrive at work and in life by adopting a leadership model that revolves around finding their strengths and connecting with others.
They have conducted interviews with more than 140 leaders; analysed of a wide range of academic research in fields as diverse as organisational development, evolutionary biology, neuroscience, positive psychology, and leadership; held workshops with hundreds of clients to test their ideas and undertaken global surveys.
Through this research, they have distilled a set of five capabilities that, in combination, generate high levels of professional performance and life satisfaction.
The five capabilities are:
- Managing Energy
- Positive Framing
To find out more about how centred leaders can achieve extraordinary results Click Here
As a leader, you will be constantly expected to take in new information and understand it to a level that enables you can act on it and explain it to others.
This short questionnaire helps you to understand how best to recognise the three channels you use for taking on board and learning from new information.
The three channels are:
- the visual channel (the seeing-channel)
- the aural channel (the hearing-channel), and
- the kinaesthetic channel (the emotional and movement channel).
This activity can also be used within a communication training session.
To download this activity, click on the following link: Understanding Information Questionnaire
The Chartered Institute of Management Accountants (CIMA) produce a range of 'Topic Gateways' which are intended as a refresher or introduction to topics of interest to their members and others involved in the practical application of finance within organisations.
Budgeting practices are heavily influenced by the organisation's management style and can vary considerably, but the theory is common to all.
This Topic Gateway explains and comments on the usefulness of budgeting, the explains the different types of budgets businesses produce.
To download this resource, click on the following link: Budgeting Explained
In this video, Paul Bridle explores the barometer of leadership between directional and democratic style.