There are around 160 million workers in the US alone, and most companys’ largest expense is payroll. In fact in most businesses payroll is 40% or more of total revenue, meaning that total US payroll expense is many billions of dollars.
How well do organizations truly understand what drives performance among their workforce? The answer: not really very well. Do we know why one sales person outperforms his peers? Do we understand why certain leaders thrive and others flame out? Can we accurately predict whether a candidate will really perform well in our organization?
WHEN Bill Shorten addresses the annual conference of the Self Managed Superannuation Fund Professionals Association in Melbourne next Friday, the Superannuation Minister will face growing concern about the government's proposed new taxes on super,...
The three levels of values and why you should understand them both for your organization and yourself.
Edgar Schein is a colossus for those of us who think hard about how people and organizations work. His core model explains corporate culture, and it’s one that we can take and use as we look to maximize our own potential and do work that makes a difference, work that matters.
In most organizations, talent is the essential resource — in fact your talent is the one thing that can distinguish you from your competitors. Without the right people to execute and deliver the organization’s strategy and objectives at all levels of the organization, the business will fail to reach its full potential.
If talent is so vital, the question is, How does the board influence the organization’s ability to attract, develop, and retain talent?
Read Deloitte's latest report about critical talent related risks and considerations for today’s boardroom.
While you might not think that Lance Armstrong is a good business model after last week’s final confession, there are some lessons that business owners can take away from his example. Read on for what you should, and should not do in business.
By now, you have heard all the hype about content marketing. Although this powerful marketing strategy is one of today’s biggest buzzwords, many brands are still hesitant to jump into the mix. Have you designed a content marketing plan for your brand in order to seize opportunities in the current economic climate?
The concept of a job, as we know it, is starting to go away.
Over the last year I've been speaking with many corporate business and HR leaders and have heard a common theme:we need our organizations to be more agile. We need to redesign the organization so we can learn faster, communicate better, and respond more rapidly to change. This quest for the agile organization has changed the nature of what we call a job.
This is a good article. Note that whilst expereince and skills are important, achieving results has to be up there too. What needs to be said though, is that very often results are achieved through a collaborative effort, and that gets back to the relationships that you build with your colleagues.
I one wrote a course, called Building GREAT Relationships, where GREAT is an acronym for:
Growing Robust Enthusiastic Appreciative
I believe the ability to build a great telationship is more necessary now than ever before...
As part of the popular series of 'Future of' reports, the creative agency PSFK has released a 140 page document that covers the new ways we are working and the implications for business and for workers.
Do you think you’re ready to start your own business? If you’ve got a great idea and feel it’s finally time to take the first entrepreneurial step, ask yourself the following questions before you start:
...and don't forget to speak with your accountant. At Trumans, our great crew help you chart the right course.
As any frustrated executive can vouch, the best plans count for naught if they are not implemented. Yet what exists, other than gut instinct, to inform leaders’ decisions around organizational engagement?
The human psyche is tuned in to story telling - that's why books, songs, movies and TV are so popular - everyone loves a story. The best thing you can do in business is to know your story and then share it in a continuously enthralling way.... a la Coca Cola...
Leadership development is key to the success of any organisation. Seems obvious really. What is not so obvious is that those that come from within often have a much better "heart" for the organisation than those that are brought in specifically for a role. We should not lose sight of that.
Human Resources has a reputation for being a department of policy enforcers. While it might seem intuitive that the role of HR would be to serve the employee as a customer, this isn’t usually the reality.
Yes, time for Culture Development across the whole business, not just HR. After all, we are one team. Aren't we?
Many of us have been brought up to think that humility is a virtue. Isn’t personal branding contradictory to being humble, and, therefore, bad? The answer is “no.” Having humility and doing a good job at personal branding are not mutually exclusive.
Have you ever wondered how much your appearance matters to the people you meet, or how much it matters in business?
Many people spend a great deal of time working on their personal appearance because to them, appearance and presentation is everything. Consider the exploding personal care and grooming industry. Both men and women are both highly conscious of others’ perceptions. Economic studies even equate personal grooming to the level of income you make.
As they say " Clothes maketh the man, or woman", as the case may be...
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