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Five Ingredients For Virtual Success

"Globally linked virtual teams will transform every government and company in the world. Any of our peers who don’t do it won’t survive."

-John Chambers, CEO, Cisco
 

Rising travel costs, coupled with the global dispersion of talent, are just some of the reasons that organizations have migrted toward telecommuting and virtual work.  While numerous organizations have made significant investments in virtual teams and the technology to support them, a surprising number of virtual teams are not reaching their full potential.
 
OnPoint Consulting surveyed 48 virtual teams across industries and...

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Executive Book Club: July 2012

Recognized as a leading expert on executive compensation, Robin A. Ferracone combines her own 20 years of experience with interviews with executives and compensation committees to provide a clear examination of and guidance on determining pay packages, actions, and designs in Fair Pay, Fair Play.

Ferracone is founder and executive chair of Farient Advisors LLC and founder and CEO of RAF Capital LLC. She is a 30-year veteran of the executive compensation consulting world and has worked at Farient Advisors, Mercer, SCA Consulting, and Booz Allen &...

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Eight Ways To Run Great Meetings

Poorly run meetings start in the wrong place and end up rushed before they’re done.

Right place: Leave inconsequential items for the end. Deal with big items at the beginning. I’m tempted to check off a few quick agenda items before digging into the meat of meetings. It’s seductive but ineffective and inefficient.

Don’t prioritize insignificant agenda items by placing them first.

Starting with insignificant issues raises their significance. Trivial items frequently take longer than expected. Additionally, you’re wasting your best moments on least important issues.

Better to rush through less consequential items – at the...

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#SHRM12 Social Recruiting Session Wrap: Don't be quick to judge

The last dispatch from me from #SHRM12, aka, the SHRM Annual Conference & Exposition which wrapped up yesterday from Atlanta.
 
Aside: which major industry event will be the first one to actually adopt as its 'official' name the event hash tag? It would be kind of cool to see SHRM or some other organization to just drop the tired and formal sounding 'Conference and Exposition' part and just go with #SHRM12 as the event name.
 
Where was I? Oh, yeah, wrapping up the final day at #SHRM12 which for me was highlighted by...

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Is Business a Combination of Sport and War?

The notion of business as a combination of sport and war was attributed to Emile Herzog (1885-1967), a French author who used the pen name, Andre Maurois. I’m going to admit at the outset that I was a strong proponent of Herzog’s concept for most of my career. However, now that I look back from the CEO afterlife, I realize that this view need not be pervasive.

The man who preceded me in the corner office lived by the credo that a company’s success wasn’t enough; the other guy had to fail. That may sound extreme. The truth...

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Economic Woes Yield a Talent Search Lacking Urgency

America’s got talent. So why is it so hard to find?

Maybe it wouldn’t be great theater, but why not develop another reality-based television show based on marriage—one that would tie the knot between those elusive skilled workers and job openings at thriving U.S. employers.

You can have your manufactured pop stars and your weight-loss champions. And please, keep your dancing celebrities. Give me something that’s a little more connected to reality—the continuing struggles of those who make up the U.S. labor market, showing how the short- and long-term effects of the latest recession are truly...

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I Would Die For You

“I would die for you.” Those were the closing remarks of Colonel David Sutherland, former Special Assistant to the Joint Chiefs of Staff and career warrior, as he closed his speech to the RecruitDC attendees last week. For the 300+ of us in the room his words hung in the air and lingered long after he left the stage. He had just given a moving 30 minute speech about the value of hiring veterans and the need for a trinity of support: public, private, government for returning vets. His presentation focused on the Warrior’s Ethos, the foundation of...

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Sign Up Now for 2012 SHRM Seminars!

Make an impact in your career with SHRM Seminars!

SHRM has programs that will challenge you and help your career grow. Whether you're a newcomer or seasoned HR professional, make sure your professional development this summer includes one of our exceptional programs. SHRM has trained thousands of HR professionals worldwide and knows what goes into succeeding in the profession.  

On-site registration is available but space is limited. Expedite your registration today by registering online.

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SHRM: July LINE Report

According to the SHRM Leading Indicators of National Employment (LINE) Report for July 2012, hiring is not expected to ramp up significantly in either the service or manufacturing sectors, compared to previous years. The LINE results for July 2012 reflect an ongoing trend of steady job growth each month, but also reveal a pace that has not kept up with rates from the previous year. 

Hiring will be steady in the manufacturing sector in July with a net of 36.7 percent of manufacturers adding jobs in July. Similarly, a net of 24.1...
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Mind the Gap - polarization in the global labor market

Globally, companies are struggling to find talent in a market saturated with applicants. For most organizations, the problem is the gap between available skills in the talent pool and their current job requirements. There are simply not enough people with the requisite experience, education and knowledge to drive and fuel innovation and growth.

Yet, the headlines are full of stories about high unemployment. The Economist reported last year that, “Of all the big, rich Group of Seven economies, America has the lowest share of 'prime age' males in work: just over 80 percent of those aged between 25 and 54...

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