CATEGORY: Management

Informative articles on the latest developments in management trends, to help you lead and inspire your employees to excel. RSS-Feed

Should HR Include Cryptocurrencies as HR Benefits?

Posted by Chris Fields

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Cryptocurrency is a popular buzzword. It was one of the most searched terms on the Internet in 2017. But why? What is a cryptocurrency anyway? Normally, I am not one to use dictionary definitions when writing, unless it is absolutely necessary, and, in this case, it is. The word “crypto” is Greek and means “a person having a secret allegiance to a group, party, or belief” or “secret or hidden.” And currency means money. A more common definition of cryptocurrency is a digital currency created via coding and encryption techniques known as cryptography. The Cryptic History of Digital Currencies The origin of cryptocurrencies go back to the late 1980s, but their use never really gained traction until now. Some say that the or [...]
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Do You Feel Stuck With Your Skills Training Strategy?

Posted by Eric Friedman

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Frank, a woodcutter, applied for a job with a timber merchant. And he got it! The job was a really good one, so Frank was determined to do his best.  His boss gave him an axe and showed him the area to work in. The first day, Frank brought 21 trees back to the factory. “Congratulations,” the boss said. “Keep it up!” Very motivated by the boss’s words, Frank tried harder the next day. But he only brought back 17 trees. The third day he tried even harder, but he only brought back 10 trees. He went to the boss and apologized. "I don't understand what is going on." “When was the last time you sharpened your axe?”, asked the boss. “Sharpen? I have had no time to sharpen my axe. I've been too busy cutting down trees [...]
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The Universal Skill All Employers Want

Posted by Chris Fields

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As an employer, you want a highly skilled workforce, and, as a human resource professional, your job is to find those highly skilled workers. Very few jobs require an employee to simply do one task alone in a cubicle. Work requires more from us than that. HR has the daunting task of figuring out which skills are most desirable in a multi-functional and collaborative work environment. There are ways to determine the specific skills for a specific job, and one of those ways is job analysis with skills assessments. Buy what is the universal skill most employers look for? Start Testing with the Next Generation of Skills Assessment Software There are over 6,000,000 open jobs in the United States right now, and, although unemployment is at [...]
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How Not to Work for Unfulfilled Services USA Inc.

Posted by Kristina Minyard

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Fulfillment in our day job has been gone from a desire to a demand. Many people speculate why, but whatever the reason, research backs up the claim that happy employees are more productive employees. This belief has shined a spotlight on work-life balance for employers and employees alike and begs the question, “How do we find the right job or create a work environment that will leave us feeling fulfilled and meet our most important needs?” This may mean taking responsibility for our own skills development rather than expecting our employers to do it for us. Let’s look at three different stages of work and how fulfillment of work-life balance fits into each. Phase I: Landing a Job Finding a job is where it all starts and often dep [...]
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Top Job Skills for Jobs That Don’t Exist Today but Will Soon

Posted by Chris Fields

Think back to just 10 years ago. Who would have predicted “Uber Driver”, “Manager of Social Media Engagement”, “Cyber Security Officer” or even “App Developer” would be career options, let alone predict the skills training necessary to be a good at any of those jobs? How in the world can you predict the skills necessary to perform jobs that don’t even exist? Easy, you pay attention to what’s going on today, and you dream about tomorrow. No kidding. It sounds odd, but consider this: I often read articles about the future of HR, and I think back to when I was a kid dreaming of flying cars and robot assistants. Back then, we dreamed those things but never really thought they could happen. Fast forward to today, and we [...]
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What Elements You Must Include in Your Next Training Simulation

Posted by Kamy Anderson

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Many business owners have very little time to provide their employees with effective training, simply because they have a lot on their plates and need to focus their attention on the core tasks. Nevertheless, they know how important employee training is for boosting productivity and growing their business, which is why they turn to training simulations, which will not disrupt workflow and will allow core activities to continue seamlessly. Training simulations are excellent for closing knowledge gaps and helping employees improve their skills because they are interactive and immersive and mimic real-life situations, helping trainees effectively learn everything they need to learn much faster. Why Skills Training Matters in the World of [...]
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The Cost of Losing Employees (And How to Avoid It)

Posted by Brandie Hinen

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Losing an employee is never easy -- but it happens. People change industries, find “better for them” jobs, or go to work for themselves. But many organizations don’t realize how costly employee turnover is! First, losing an employee hurts your bottom line. Period. Experts estimate it costs at least twice an employee’s salary to find and train a replacement. Josh Bersin from Deloitte believes the cost of losing an employee can range from tens of thousands of dollars to two times the employee’s annual salary. You read that right. Some HR managers I know say it takes them longer than finding the right person to fill a position than it took for them to find their own job! Another way losing an employee can cost you is by neg [...]
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Hire for the Skills. Not for the Title.

Posted by Eric Friedman

  Once upon a time, a manager was a manager. Organizations had clear hierarchies, and job titles indicated an employee’s experience and level of responsibility, and they meant the same thing to anyone reading a résumé. Not anymore. Today, employment is more fragmented, and a job seeker’s work experience might include freelancing, entrepreneurship, a traditional 9-to-5 job or a combination of all three. In start-up companies, workers often take on jobs that never existed before and wear many hats. Their jobs evolve quickly. Nothing is traditional about what they do, and their self-created job titles—such as “influencer,” “strategist” and “professional evangelist”—reflect these changes. A freelancer, working a [...]
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