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Posts Tagged Culture
Generation Y women (born 1978-1994) are concerned about the impact that family and child care decisions will have on their long-term careers, according to a report by the Business and Professional Women's (BPW) Foundation, Gen Y Women in the Workplace.
“In order for businesses to engage successfully with the workforce of tomorrow, it is imperative that they understand Gen Y—what challenges them, what inspires them, what motivates them,” said Deborah L. Frett, BPW Foundation CEO.
Poorly run, ineffective meetings frustrate everyone except the people running them.
Recently, I interviewed Robert Herbold, former chief operating officer of Microsoft and author of “What’s Holding You Back.” Bob’s quiet, gentlemanly tone shifted toward disdain when I brought up wasting time in poorly run meetings.
I loved hearing him explain, “Many meetings are useless religious ceremonies controlled by highly organized, meaningless ritual after meaningless ritual.”
Noncash incentive rewards programs, through which employees earn gifts and merchandise for meeting performance-based milestones, help bolster performance and morale, according to a survey of U.S. office workers completed in July 2011.
The survey by Staples Advantage, the business-to-business division of Staples, Inc., queried incentive reward program participants and employees whose companies do not currently offer such programs. For employees that already participate in company-driven incentive programs, participants say the programs have made them
When employees do not trust managers and leaders, various forms of organizational fallout are likely, including low engagement, high turnover and reduced innovation, experts say. And rebuilding trust isn’t easy.
Let’s imagine for a minute: You’re the new CEO of an established company. Its performance has been average, customer loyalty is falling and your best employees are leaving every week. The previous CEO subscribed to a command and control management style allowing for little flexibility and no room for mistakes. The employees lived under an ever-present fear of doing something wrong.
From last time…in the next post, we’ll talk more about what we tried on our team:
The emergence of the four-generation workforce has changed the way we interact and do business on a daily basis. While new technologies have changed when and where we work best, the adoption of social media has changed the way we communicate and recruit top talent. To say that innovation is an important component for companies to succeed today is an understatement. Innovation is a business imperative for today’s executives if they want their organizations to remain competitive, drive bottom-line results and ensure success.
They might not exchange wedding vows or even become romantic partners, but workers logging long hours on the job can forge strong ties akin to a marriage. They become “work spouses.”
It doesn’t necessarily mean they are carrying on an illicit relationship with their office partner. Think Regis Philbin and Kelly Ripa of “Live! With Regis and Kelly.” Or Meredith Vieira and Matt Lauer of the “Today” show.
Each month, Next will feature a must-read book for today’s business leaders on the ever-changing workplace and workforce. SHRM’s We Know Next is a resource for business leaders, HR professionals, and policy leaders to stay ahead of emerging workforce trends. If you have suggestions for future book club features, please email us or let us know on Twitter @weknownext. We hope you enjoy our first pick and that you’ll tell us what you think!
Flexibility in the workplace is imperative. It should be seen as a result-based business strategy—not a benefit.
With the variety of employee demographics now in our workforce, the importance of workplace flexibility becomes even clearer. For instance, millennials prefer flexible working arrangements and consider them in accepting employment. But boomers need flexible options as they take on care of their aging parents.
Rewards are linked to performance effectively at 89 percent of the "world's most admired companies" vs. 77 percent of their industry peers, according to the 14th annual World’s Most Admired Companies list compiled by Fortune magazine and Hay Group, a global consultancy. The most admired also are more likely to treat work/life issues as a top priority and to address differing generational needs.
From masking tape to Post-its, 3M is well known for its innovative culture. 3M has an annual goal that 30 percent of its annual profits come from products and businesses that are less than four years old. Wired Magazine describes how 3M tackles that goal with their “15 percent solution.”