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Leaders Of Tomorrow Or Today? How Millennial Leadership Development Is Preparing For Your Job

  Millennials are the leaders of tomorrow. But I don't mean tomorrow as in the distant future, I mean tomorrow as in the near, near future. That is, just about to happen, here and now. Millennial leadership development is preparing for high level roles, as we speak. Millennials are not necessarily new to the workforce anymore. The top range of the millennial generation are now in their late thirties. These people have done their time in entry level positions and are now reaching high levels of expertise. You know what that means? Your company may soon be run entirely by members of the millennial generation. Boomers play a huge role here, too. As the silver tsunami hits, there's going to be a lot of space left open at the top. And with a huge population of millennials having worked tirelessly to receive a promotion and to climb the corporate ladder, now ...

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The Key to Mastering Change: Leadership Development

Business changes rapidly thanks in a large part to ever-developing technology.  So how can we balance our ability to stay on top of, if not ahead of, technological change?  How can we build our workforce to be flexible and open to progress so that they don’t get left behind… and so we don’t either? By taking one concept very seriously: leadership development within our workplace.  Today leadership development means more than grooming an employee for higher responsibility.  An effective company-wide leadership development program can play an influential role in readying your team for what’s coming while creating a genuine learning organization so that no one falls behind. And ultimately, a structured leadership development program guarantees that your company’s culture will be brought to life everyday rather than simply be a mission or vision statement hanging on a wall. Leadership development requires a commitment ...

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The Impact of Workforce Analytics

The field of HR has changed in the past few years, and plenty of that change has had to do with the implementation of workforce analytics. Data-driven HR practices are becoming commonplace among business leaders, but for many, it is still unclear as to what effect the application of such tools can truly have. Here are three of the basic impacts workforce analytics can have on a company: Workforce analytics help address changes in workforces. Deloitte’s guide on Workforce Analytics claims that one of analytic tools’ main benefits is the ability to anticipate disruptions and changes before they occur. By identifying patterns in data from previous mergers, layoffs, acquisitions, and more, business leaders may be able to address changes in their companies with a structured framework of data to support decisions. Analytics can aid proactive HR strategy and organization. “Workforce analytics can give ...

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Build a Workforce with the Future in Mind

When a restructuring of the workforce or a reduction in staff happens, HR and team leaders often remind affected employees that they can certainly apply for other positions that are open within the company. “A ha, there’s a solution, I’m offering a positive option!” may be the subconscious message that flashes through our minds between thoughts of re-staffing, budgeting and facing the next employee.  But really, how practical is this prospect?  Worse yet, are we really just giving lip service, unintentionally of course? As human resource leaders, we can make this suggestion and have it really carry weight for employees who may be facing uncertainty.  In fact, over the last year, Careerminds has been asked by clients to develop strategies for just this challenge. The first approach is to attack this challenge far in advance.  Long before a reduction in staff becomes a ...

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Purpose’s Role in the Workforce

Across industries, employers are always seeking ways to measure the quality of their workplace and their workforce in order to improve productivity, performance, morale and wellbeing. Traditionally, the analytic tools used to evaluate workplaces relied on measures such as employee engagement. These tools, however, solely gauge workplace environment, which may not be the variable that truly matters in determining and predicting the success of the workplace. This past year, researchers at NYU in conjunction with the B Corp Imperative, conducted the first annual Workforce Purpose Index as a means to analyze the U.S. workforce. In an interview I conducted with co-founder of Imperative, Arthur Woods, he highlighted the potential impact of this new research. He remarked, “To date, we’ve never been able to look at the workforce beyond its current state. We’ve been able to look at things like satisfaction or ...

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