Though many well-respected futurists and organizations, including Forrester Research (and us), had forecast that by now, we would see high percentages of people telecommuting. The numbers were clearly trending upward. All of us were wrong.
According the latest research from the Telework Research Network, telework (sometimes called ″workshifting″) trends over the past five years reflect some unexpected developments. Telework is growing. In actuality, despite the recession, based on United States Census data, 61 percent more employees considered home their primary place of work in 2009 than in 2005. Census data also show that only 2.9 million employees work from home more than half the time (not including the self-employed). Surprisingly, that number only represents 2.3 percent of the workforce.
For most organizations, the ability to work from home, sometimes called flex-place is still considered a perk rather than accepted business practice. A few enlightened employers, both private and public sector have built flex-space and flex-place into their culture with very positive consequences. They have been able to hold onto very talented employees, particularly mothers with professional degrees, who otherwise would have left.
More recently, private sector survey data just released by WorldatWork, suggest that while the overall number of teleworkers declined between 2008 and 2010, the frequency of telework increased. According to this respected source, most employees want to telework; almost 80 percent of employees would do so at least part of the time if allowed. Furthermore, 37 percent of non-teleworkers surveyed would even take a pay cut to be able to have more independence in where and how they work.
While the tools and technologies to support telecommuting are readily available, reasonably priced, and easy to use, currently, most companies simply don't have the culture of trust to support flexible work arrangements. It takes measuring performance and productivity, rather than when, where, or how employees work.
In the future, offering workshifting will not be optional. To attract the best and the brightest talent, employers will simply have to “get over it” and focus on desired results.
Download a copy of the full study at http://www.workshifting.com/downloads/downloads/Telework-Trends-US.pdf
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BE YOUR COMPANY’S EMPLOYEE RETENTION SPECIALIST
As the economy recovers and skills shortages intensify, a growing number of employees will be looking for greener pastures. Organizations will need your expertise as an Employee Retention Specialist. We have scheduled our Certificate Program again for September 8 and 9 in Las Vegas. Space is limited, so please call Joyce directly at 336-210-3548 to register. Of course, we still offer our “Welcome Back” program that allows you to attend again for expenses only.
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CALCULATE THE HIGH COST OF YOUR EMPLOYEE TURNOVER
With our Bliss-Gately tool, you can calculate the many hard and soft costs, down to the last penny. Great for justifying your investments in retention! At only $249/computer or $999 for a 6-site license, it is a real bargain! Visit http://www.hermangroup.com/store/software.html to order yours today!
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OPTIMIZING YOUR ONBOARDING OPPPORTUNITY?
For most organizations, there are untapped opportunities in their Onboarding process. If you think something's missing from your process and you'd like a phone consultation---at no charge---call Joyce Gioia (joy-yah) at 336-210-3548.
*******
Looking Forward. . .
Joyce L. Gioia
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June 29, 2011
Lately, there has been a lot of focus in the media on veteran unemployment; young men and woman returning from the Middle East who have found it impossible to find gainful employment. (While we usually look for topics with more global appeal, this issue deserves attention from people who can help now.)
Many recent veterans unable to find work
By Gregg Zoroya <http://content.usatoday.com/topics/reporter/Gregg+Zoroya> , USA TODAY June 17, 2011 Unemployment payments to servicemembers fresh out of the military have doubled since 2008, a sign that veterans are returning from war to an increasingly tough job market. The military paid $882 million in unemployment benefits last year, up from $450 million in fiscal 2008. The 2011 figures are trending even higher.
Veterans are having a particularly tough time finding jobs. The estimated
jobless rate among male veterans ages 18-24 was more than 30 percent in May,
compared with 18 percent among male civilians of the same age group, according
to the Bureau of Labor Statistics <http://content.usatoday.com/topics/topic/Organizations/Government+Bodies/Bureau+of+Labor+Statistics
With some exceptions, troops honorably discharged are eligible for unemployment
checks if actively looking for civilian work.
"We're currently spending that much for people who are sitting home becoming
more and more depressed," says Sen. Patty Murray <http://content.usatoday.com/topics/topic/People/Politicians,+Government+Officials,+Strategists/U.S.+Senators/Patty+Murray>
, D-Wash., chairwoman of the Senate Veterans Affairs Committee <http://content.usatoday.com/topics/topic/Organizations/Government+Bodies/Senate+Veterans'+Affairs+Committee>
. She is pushing legislation that would help troops enter the civilian
workforce.
Last year, more than 90,000 veterans recently out of the service were unemployed for months, some until benefits checks were exhausted, according to the Department of Labor <http://content.usatoday.com/topics/topic/Department+of+Labor> .
State unemployment benefits now last up to 26 weeks, and the average period of unemployment compensation among these veterans last year was 21 weeks, the department says.
The weak economy is one reason for the increase in benefits, says Gay Gilbert, director of the department's office of unemployment insurance.
Each service branch reimburses states for checks written to former servicemembers struggling to find work, the department says.
The Army, the largest service, paid out $505 million in fiscal 2010, up from $226 million in 2008. Navy unemployment checks totaled $99 million in fiscal 2008 and $157 million last year. The Air Force paid $59 million in 2008 and $81 million in 2010. And the Marine Corps <http://content.usatoday.com/topics/topic/Organizations/Military+and+Paramilitary/US+Marine+Corps> wrote $129 million in unemployment checks last year, compared with $63 million in 2008.
Even for former members of the Coast Guard, unemployment benefits rose from
$4.6 million in 2008 to $9.5 million last year.
Active-duty troops and former members of the National Guard <http://content.usatoday.com/topics/topic/Organizations/Military+and+Paramilitary/National+Guard>
or Reserve who have been on active duty for 90 continuous days or longer are
eligible for benefits.
Legislation that Murray introduced last month would require troops to attend
courses in finding work, building careers and improving résumé and interviewing
techniques. Currently, these programs are voluntary, except in the Marine Corps.
Pentagon spokeswoman Cynthia Smith <http://content.usatoday.com/topics/topic/Cynthia+Smith>
says the military already plans to expand those programs to focus on information
technology and help with licensing and certification so troops can use skills
learned in the military — such as work as medics or truck drivers — in civilian
employment.
Murray warns that current jobless trends among new veterans could leave more of them homeless. "They're young. They're brave. They're enthusiastic. The world's their oyster," Murray says. "They come home and it's a shock to them that six months later they don't have a job."
Copied below is the USA Today article about young veteran unemployment in
today’s issue. For what it covered, it is a good article. I have had several
calls wanting to know where the 30 percent number came from. Here is what I have
been sending out:
The article by Gregg Zoroya regarding veteran unemployment is an excellent
article, but what is missing is (1) the composition of those military members
claiming unemployment and (2) why the younger veterans are having problems
getting jobs. For over 25 years the overall veteran unemployment rate has ALWAYS
been lower than the national unemployment rate. BLS reports the current
unemployment rate in the 18 to 24 age group comprised of 60,000 veterans for May
2011 is 31.9 percent, nearly double their civilian counterparts. And the
unemployment for the 25 to 29 veteran age group is 14.4 percent with the
civilian counterparts is 9.5 percent.
That number comes from the BLS CPR (Household Survey) report. More and more reporters and economists are using the BLS CPS report rather than the BLS CES (employer report) due to the way DOL is playing politics with the CES report. I have attached the May BLS CPS report for you. The information is on page 2.
As you know, economic theory says to drop unemployment 1 percent, you have to have 3.5 percent or more GDP growth for 12 months. But unemployment fell form 10 percent to 9 percent in two months with 2.3 percent GDP growth. How did that happen? DOL decided that @ 1.4 million people dropped out of the workforce. That changed the denominator, and the unemployment rate fell 1 percent for political purposes. Most analysts understand what happened. If you put the numbers back in, then the US unemployment rate is 10.1 percent, not 9.1 percent.
*******
Looking Forward. . .
Joyce L. Gioia
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June 15, 2011
Employers everywhere want to engage workers. When you can build business at the same time that you drive employee engagement, then you have a win-win.
Facebook boasts some 640 million users worldwide; Twitter receives over 95 million Tweets every day, and Yelp, a website featuring feedback on service providers, has surpassed 50 million unique monthly users. Social media, in one form or another, is undoubtedly here to stay. In fact, 90 percent of consumers online trust recommendations from people they know and 70 percent trust opinions of unknown users.
In the recent past, brands---especially those in the hospitality industry--- had to rely on “small sample size” shopper reports, dated surveys, and/or inconsistent comments cards to evaluate customer perspectives. Now, with all of the websites devoted to reviews and comments from customers, everyone is a critic. Furthermore, the reach and influence of these consumer critics is skyrocketing---through social media. Capitalizing on all of that instant information by presenting it in a way that is understandable and actionable is critical.
At the same time stories of the effects of employee motivation, engagement, and overall attitude on customer service abound. However, one company found, linking employees directly to what customers are saying online has dramatically increased staff ownership of the employee/customer relationship. Enter Minnesota-based Parasole Restaurant Holdings, founders of eclectic, leading-edge concept restaurants, including Buca Di Beppo.
Partnering with newBrandAnaltyics, Parasole effectively captures a complete, real-time view of their customer feedback online, synthesizes it, and generates actionable insights that can immediately improve customer satisfaction and increase revenue.
“Many companies like Parasole are also seeing that sharing online customer feedback from social media channels with their employees gives them a renewed and sustained sense of motivation for and ownership of customer service and the overall customer experience,” explains Ashish Gambhir, Co-Founder of newBrandAnalytics.
Armed with this type of customer feedback data, Parasole employees now understand every customer experience counts, because they read about it on the Internet.
Wise employers especially in the service industries will harness the power of online customer feedback to engage their employees in making things better, adding the incentive of cash reward.
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NEED HELP IN EMPLOYEE RETENTION? COME TO THE EXPERTS
If you’ve been putting off arranging help for your employee turnover problem, we’ll give you lots of reasons why waiting will be more expensive for everybody. We know you’ll be impressed by her ability to diagnose situations and make recommendations. Call Carol at 336-282-9370 to arrange your no-obligation phone interview today!
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FIND OUT WHAT YOUR EMPLOYEES REALLY THINK AND FEEL
Discover what’s really going on in the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-416-7066, or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html.
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CALCULATE THE HIGH COST OF YOUR EMPLOYEE TURNOVER
With our Bliss-Gately tool, you can calculate the many hard and soft costs, down to the last penny. Great for justifying your investments in retention! At only $249/computer or $999 for a 6-site license, it is a real bargain! Works with all versions of Excel. Visit http://www.hermangroup.com/store/software.html to order yours today!
*******
Looking Forward. . .
Joyce L. Gioia
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May 31, 2011
Just in time for summer vacations, Forever Resorts, a worldwide collection of destinations providing hospitality services, introduced its new ″floatels″ on Lake Mead in Nevada. Though they are calling it a ″brand-new accommodation experience″, the company itself has offered luxury houseboats for rental in selected recreational areas for years. The difference is that these houseboats feature multiple, separate living spaces and will stay moored at the National Recreation Area’s Echo Bay Marina.
Advertised as an ideal choice for families, multi-generational groups, gatherings of friends or couples seeking lake accommodations, Floatels, provide travelers with an inexpensive introduction to the houseboating experience.
Each 67-foot Floatel is climate controlled and includes a spacious living area, fully equipped kitchen, four bedrooms and a sleeper sofa (sleeps 10), TV/DVD player, outdoor barbecue grill and a top-level sun deck featuring a wet bar and hot tub. Introductory prices for Floatel rentals start at USD$190 per night for the first four passengers. When you tour the inside, the interior appears to be similar to a recreational vehicle (RV) on the water, only without the constraint of 108″ wide. (RVs are about 108″ wide because that is about the limit for fitting in a traffic lane to travel most roads in the United States.) Find more at http://foreverresorts.com/
Vacations afloat have been available in locations throughout the world for a while, including the Ambassador Floating Hotel in Tucumcari and the floating eco lodge in Uakari, both in the Amazon region of Brazil. Brazil is also building floating hotels to accommodate its visitors for the World Cup in 2014. In addition, we found floating hotels in Sweden, Thailand, Canada, and India.
The Norwegian company Floatel International Ltd. builds housing for workers on offshore oilrigs. Their two models are Floatel Reliance and the Floatel Superior and both are described as ″semi-submersible accommodation vessels″ and have been purchased by major oil companies.
Responding to the burgeoning voluntourism (combining volunteerism and tourism) market*, the leading edge concept we found in our research came from our friends at the top destination design and engineering firm WATG. Their award-winning design for convertible modular living space may be built anywhere and is amazing. Watch their video at http://vimeo.com/14381252
* Half of affluent travelers are interested in voluntourism.
*******
Looking Forward. . .
Joyce L. Gioia
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May 25, 2011
In spite of persistently high unemployment levels, employers around the world are having increasing difficulty recruiting the people they need. Just last week, ManpowerGroup released the results of its sixth-annual Talent Shortage Survey.
The survey included almost 40,000 employers across 39 countries and territories. Globally, 34 percent of employers say they are having difficulty filling positions. The three most challenging occupations are Technicians, Sales Representatives, and Skilled Trades. The reasons most often cited are lack of experience, lack of available applicants and lack of technical skills. In the US, there is the added reason that candidates looking for more pay than is offered.
Employers are having the most difficulty finding the right people to fill jobs in Japan (80 percent), India (67 percent), and Brazil (57 percent). In the US, 52 percent of employers are experiencing difficulty filling mission-critical positions within their organizations.
In India, the percentage of employers indicating difficulty filling positions jumped a whopping 51 percentage points; the second most significant increase was a 38 percent increase in the US.
A frightening 57 percent of employers report the talent shortage has an impact on key stakeholders”. Moreover, about three-quarters of employers globally cite a lack of experience, skills, or knowledge as the primary reason for their difficulty recruiting. However, only one in five employers is concentrating on training and development to fill the gap.
A mere 6 percent of employers is working more closely with educational institutions to create curriculums that close knowledge gaps. This small percentage represents a major missed opportunity for employers, especially now when many colleges and universities are seeking this partnership.
Jonas Prising, ManpowerGroup’s president of the Americas said it best: “It is imperative that these stakeholders work together to address the supply-and-demand imbalance in the labor market in a systematic, agile, and sustainable way.
We are already seeing a renewed focus on employee engagement and retention. Another development: more employers will broaden their people searches to include talented people in other locales, both domestic and foreign. Finally, we will see more employers augmenting their training departments in their tardy attempts to respond to these shortages. Better late than never.
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Looking Forward. . .
Joyce L. Gioia
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May 23, 2011
Unscheduled absences cost employers a lot of money. There are many causes for
those absences, including the employees’ being ill themselves, needing to take
care of a sick child or parent, or even their inability to face their commutes.
According to Mercer and Kronos, these unscheduled absences (including extended
absences) cost organizations about 9.2 percent of payroll each year.
In their recent study, titled “The Total Financial Impact of Employee Absences”,
the two consulting firms outlined the direct and indirect costs involved.
“Direct Costs” include the cost to pay the salary/wages or benefit provided to
the absent employee, and “Indirect Costs”, include the costs of replacement
labor expenses and “net lost productivity value”, Mercer’s way of saying “the
cost of the productivity lost due to the absence”. Moreover, let us not forget
the additional administrative costs to keep track of the additional absences.
The total cost to employers is staggering. For an employer with 1,000 employees
whose annual salaries average $50,000, 9.2 percent of payroll equals over
$4,500,000 per year.
However, when we dig into other figures, there is much more information. According to a new survey commissioned by The Workforce Institute at Kronos Incorporated and conducted by Harris Interactive, more than 5 million employed American adults have called into work sick because they could not face their commute. From still another study we learn that the average elder caregiver costs his/her employer over $20,000 per year in unscheduled departures, not to mention the percentage of parents who are forced to stay home, due to their children’s illnesses.
We believe these high costs will accelerate, mostly due to the increasing problems that are the underlying causes, including lack of sick-child- and elder-care assistance, and the inability of employees to telecommute. Finally, there are the general (increasing) stress levels on today’s workers who have been stretched thin for years. After thoroughly examining companies’ policies and procedures, Mercer suggests tackling the underlying issues. We believe their process is backwards. Wise employers will address these critical issues right away, but unfortunately, many others will wait until their costs are even higher than they are today.
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CALCULATE THE HIGH COST OF YOUR EMPLOYEE TURNOVER
With our Bliss-Gately tool, you can calculate the many hard and soft costs, down to the last penny. Great for justifying your investments in retention! At only $249/computer or $999 for a 6-site license, it is a real bargain! Visit http://www.hermangroup.com/store/software.html to order yours today! Works with all versions of EXCEL.
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REDUCE COSTS BY LOWERING EMPLOYEE TURNOVER AND INCREASING ENGAGEMENT: BECOME AN EMPLOYEE RETENTION SPECIALIST!
The economy is picking up; jobs are being created. We will soon see churning in the labor marketplace as we have not seen in years. There are skilled labor shortages all over the world. In two-fast-paced and fun days, we will teach you everything you need to know to create an effective program for your company to engage and retain the talent it needs. We have scheduled it for June 15 and 16 in San Diego, California. Space is limited, so for more information and to register, please call Joyce directly at 336-210-3548. Or check out www.retentionconnection.com/erscp.html
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EMPLOYEE RETENTION = EMPLOYEE ENGAGEMENT? NOT ALWAYS!
Just because employees are not leaving does not necessarily mean that they are engaged. In fact, studies tell us over 45% of today's workers are disengaged, costing their employers millions. Help your supervisors, managers, and executives to know what works and what doesn't to keep your good people. For a wealth of information and product offerings, visit our retention website at http://www.retentionconnection.com. Or better yet, engage Joyce or one of the other Herman Group consultants to help you keep people engaged and productive. Consulting and training to meet your needs. For a no-obligation, phone conference, all Joyce at 336-210-3548.
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Looking Forward. . .
Joyce L. Gioia
Posted at 11:53 AM | Permalink | Email this Blog to a Friend
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May 11, 2011
Remember back in the late 1990s, when some employees were “corporate cocooning”, staying in their jobs, because they were scared. They feared that if they left their jobs and didn’t like the new position that they would be stuck. As the economy improved, we saw an “unprecedented churning” in the labor marketplace.
According to a brand new study from Deloitte, history is repeating itself. Recognizing the improving economy, almost two out of three (65 percent) employees surveyed are “actively testing the job market”.
Titled "Talent Edge 2020: Building the Recovery Together—What Talent Expects and How Leaders Are Responding", the study reveals some insights into the drivers of retention. When asked to list their top three retention incentives, 53 percent of the respondents ranked promotion/job advancement first, followed by increased compensation at 39 percent, and additional bonuses or other financial incentives at 34 percent. Also ranked as an effective retention tactic by a strong 30 percent of surveyed employees was “boosting employee support/recognition from their managers”.
The other highlights of the study are fascinating: the least happy of the generations is the Baby Boomers. They expressed the strongest discontent with their employers and the greatest frustration that their loyalty and hard work have been neither recognized nor rewarded. “Almost one-third (32 percent) of Baby Boomers surveyed say a lack of trust in leadership is a top turnover trigger---the highest ranking by any workforce generation.”
Employers are most vulnerable to lose their Generation X workers. Lack of career progress is their top exit trigger (65 percent). Only 28 percent of Gen X employees surveyed expect to stay. This intention to leave is a clear signal to employers to expect a significant exodus by employees viewed as future leaders.
For the Millennials, their employers' commitment to "corporate responsibility/volunteerism" was very important. Millennials are also nearly three times more likely to say a "fun work environment" is important than their Baby Boomers counterparts.
On the other hand, “employees who plan to stay with their current employers (35 percent) say their companies have strong talent programs, characterized by clear career paths, leadership development initiatives, trust and confidence in corporate leadership, superior programs to retain top talent, and effective communication.”
Employers who begin to take action now will find themselves in a significantly better competitive position than those who are reactive.
NB: This Herman Trend Alert is deliberately longer than most, due to the value of the material covered. Thanks, Deloitte!
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Looking Forward. . .
Joyce L. Gioia
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May 4, 2011
As the economies of the world recover, we will see a return to people buying experiences. Whether it is a Windjammer cruise to remote spots or a Linblad Expedition to the Galapagos Islands, whether people want to visit space for 5 minutes on Virgin Galactic or stay at an understated hotel beneath the sea, travelers, particularly aging Boomers, are looking to spend money on being inspired, being educated, and building memories.
Destinations are becoming more remote. As people who have seen many countries of the world seek out destinations not yet visited, we will see an increasing focus on the remote rainforests of Brazil, recently discovered islands, the vast oceans, and selected other places on the planet not yet spoiled by conventional tourism.
We have already seen an uptick in Sustainable Tourism with travelers looking for LEED-qualified* hotels to minimize their carbon footprints. We’re even now witnessing increases in adventure travel, eco- , art, and historical tourism, not to mention safaris to see the wildlife, before the poachers eliminate it altogether.
Moreover, recently consumers enjoyed their first peeks inside Virgin Galactic's passenger spaceship. Visit this URL for a tour: http://laughingsquid.com/a-video-tour-inside-virgin-galactic-spaceshiptwo/ . For $200,000 for five minutes of weightless, Virgin Galactic may offer the most expensive on the planet! Always looking for new opportunities, Sir Richard Branson will be ready to take you on your undersea adventure as well with Virgin Oceanic. http://laughingsquid.com/sir-richard-branson-takes-on-ocean-exploration-with-virgin-oceanic/
One consumer-driven huge trend we are seeing is the increasingly research of destinations, hotels, cruises, and side trips before people book. Web sites like TripAdvisor.com, CruiseCritic.com, Travelpost.com, and FrugalTraveler.com fill the need for information and reviews.
Finally, for those who can afford it, they will travel in smaller groups,
paying higher fees for more personalized experiences.
According to the World Tourism Council, the big winners with increasing tourism
between 2008 and 2018 will be the US and China. The Council expects the US to
increase one Trillion dollars and China to increase by even more.
The bottom line is that more and more people are seeking “life-changing experiences”, and tour operators, cruise lines, and others will be there to supply the experiences.
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Looking Forward. . .
Joyce L. Gioia
*LEED stands for Leadership in Energy and Environmental Design; a Green Building Rating System that is internationally recognized as a benchmark for the design, construction and operation of high performance green buildings.
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April 27, 2011
Not long ago, the Indian government announced the results of its USD$490 million investment to conduct a census. At 1.21 billion, India’s people now represent 17 percent of the world’s population. That is more than the populations of the United States, Indonesia, Brazil, Pakistan, and Bangladesh combined. The increase between 2001 and 2011 was 181 million, roughly equivalent to the entire population of Brazil.
In fact, by 2030, experts had expected India to overtake China as the world's most populous nation, however figures show its growth rate is falling (slower than at any time since 1947) and China has 1.3 billion people.
The census also revealed a most disturbing societal issue---a continuing preference for boys. Actually, India's sex ratio (female to male) is at its worst level since its independence in 1947. Although sex-selective abortion based on ultrasound scans is illegal, female feticide and infanticide remain common in India; with limited resources to feed children, families think of sons as future wage earners. Statistics show fewer girls than boys are being born or surviving.
According to the 2011 census, 914 girls were born for every 1,000 boys under the age of six, compared with 927 for every 1,000 boys in the census ten years earlier. This gender imbalance has had far-reaching consequences for China, where the gap is even greater. There, wealthier families are ″buying″ brides from other countries for their young men.
Though India’s Census Commissioner C Chandramauli cited this issue as “a matter of grave concern”, it is doubtful that policy enforcement will change soon. On the education front, the census shared good news: the literacy rate went up to 74 percent from about 65 percent in the last count. (According to the CIA World Factbook, the US literacy rate is now 85.4 percent---on par with Brazil, Libya and Iran!)
India’s growing population and its dedication to education have already made it a force to be reckoned with on the world stage. With increasing numbers of middle class and millionaires, India will have the resources and the will to give the US and other countries “a run for their money”.
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ARE YOU IN HUMAN RESOURCES?
One of our colleagues, Rohit Talwar with Fast Future is conducting a strategic foresight study on behalf of a client on the future of the HR function in medium to large organizations. They are launching a survey to test the ideas and challenges emerging from their research. They are interested in the views of those who work in HR and those who are served by the HR function. Please take some time to complete the survey and share the link with your colleagues. Please visit http://www.zoomerang.com/Survey/WEB22C9G47NE4U/ to participate. The survey closes on May 4, 2011. They will be grateful for your help and will donate $1 to the Save the Children Fund for each completed response.
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Looking Forward. . .
Joyce L. Gioia
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April 20, 2011
Most of us take our media for granted, newspapers, television, online, and more. We expect these sources of news and entertainment to be there, when we want them. However, a new study from Pew Research Center's Project for Excellence in Journalism, "The State of the News Media 2011" offers some fascinating insights into the near-term future of media.
There are two major trends emerging. One, which we have reported on before, is the continuing migration to mobile as an increasingly important source for news and entertainment. Almost half of all Americans (47 percent) now seek some form of local news on a mobile device. Blackberries, Androids, iPhones, iPads, and new hybrid mobile devices provide the hardware for delivery.
The second and related development is that more people are moving away from television, cable, and newspapers, looking instead, for their news online. With increasing audiences and revenues, online news sources hired their own reporters in record numbers in 2010, and some expect to hire more. These increases, in the face of newspaper and broadcast and cable networks losses, are significant. In fact, every news channel is losing audience with the exception of online.
One would think that therefore, the Internet sites like AOL, Bloomberg, and HuffingtonPost would be in a fantastic position. However, due to the nature of the new distribution systems, a portion of the revenue belongs to the channel delivering a substantial percentage of their audience, e.g., Apple, Google, Facebook, etc. Moreover, news organizations rely increasingly on outside providers to sell their ads, combine their readers, and develop the software that lets them deliver their content digitally.
Also worth mentioning is that seven of the top 25 newspapers in the United States are now owned by hedge funds. Very interesting!
Driven by profit, other news networks will soon adopt France 24's model. Reporting in French, English, and Arabic, the network uses thousands of "observers", throughout the world, including professional journalists, as well as enthusiastic amateurs. Once registered, anyone may contribute a piece---and enjoy onscreen credit with his/her picture. This model has tremendous appeal to providers and consumers alike.
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OPTIMIZING YOUR ONBOARDING OPPPORTUNITY?
For most organizations, there are untapped opportunities in their Onboarding process. If you think something's missing from your process and you'd like a phone consultation---at no charge---call Joyce Gioia (joy-yah) at 336-210-3548.
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GET THE“EMPLOYER OF CHOICE” BOOK ON YOUR DESKTOP TODAY
The business bestseller, “How to Become an Employer of Choice” is available in an electronic version for only $17.80.Visit http://hermangroup.com/store/books_all.html#2 to order.
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LOOKING FOR A DYNAMIC KEYNOTE SPEAKER?
You need look no farther. Joyce Gioia (joy-yah) is a sought-after speaker for corporate and association audiences. Joyce shares her knowledge and expertise about talent engagement and retention with business executives around the globe. Her understandings and insights will inform and fascinate you. For more information, call Carol McKinney at 336-282-9370 or visit the web site at http://www.hermangroup.com/joyce.html for more information on Joyce's topics.
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Looking Forward. . .
Joyce L. Gioia
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April 13, 2011
Empathy is one of those character traits parents hope they foster in their children. That’s why a new study published in the "Journal of Children and Media" is so troubling. Simmons College communications professor Edward Vieira, Jr., PhD has confirmed, what many parents have long suspected---that children's prolonged exposure to violent video games can affect their ability to develop empathy and sympathy.
Vieira's is the first study to examine how violent video games have an impact on the development of moral reasoning in children ages 7 to 15. Considering many variables, including age, gender, and the ability to sympathize, the research suggests that children who frequently play these violent games are receiving the negative messages. These messages tell them there are "no consequences for violence". The concern arises when there is a convergence between the receipt of these messages and other negative environmental factors, like poor parental communication and unhealthy peer relationships.
It is not surprising that the study found that frequent exposure to this viciousness contributes to children's perceptions that some types of violence are "acceptable" or "right". Moreover, the study found that children who spend a lot of time playing violent video games (defined by the Entertainment Software Rating Board) have an increased likelihood of accepting all types of violence. Twenty-five percent of the video games played contained "intense violence, blood, and gore".
The study confirmed that boys spend twice as much time playing violent video games as girls do; it also highlighted the increased risk boys face of becoming desensitized. Additionally, the study found that although a high percentage of children polled ranged in ages from 7 to 12, many reported playing games rated "M" for "Mature content"*, games designated for ages 17 and older.
The temptation for parents to share video activities with their children or use violent video games as babysitters may have serious consequences for both the family and society. With the Columbine Shootings a fading memory, more studies will highlight this correlation between violent video gaming and increased aggression. This understanding will lead to increased attention by parents and government to this critical societal issue.
* Mature content games contain intense violence, blood, gore, sexual content, and/or strong language.
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GET CONNECTED WITH JOYCE ON LINKEDIN
If you enjoy the Herman Trend Alert, you will surely want to connect with Joyce on LinkedIn. Find her @Joyce L. Gioia.
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FIND OUT WHAT YOUR EMPLOYEES REALLY THINK AND FEEL
Discover what’s really going on in the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-416-7066, or read more @: http://www.hermangroup.com/retentionconnection/exit_interviews.html
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HELP MY FUTURIST COLLEAGUE?
One of my colleagues Rohit Talwar of Fast Future Research is conducting research for their Convention 2020 Survey about innovation and future strategy for meeting venues. They are looking for the views of event attendees, those who work in the events industry, and those who work in venues---so everyone's views are of interest. Please visit http://www.zoomerang.com/Survey/WEB22C7KMFHGTJ to participate. The closing date for completing the survey is midnight GMT on May 1st 2011. For each completed entry, they will donate $1 to the Save the Children Fund.
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Looking Forward. . .
Joyce L. Gioia
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April 6, 2011
A recently released study from CareerBuilder confirms what we have been saying for years---that most companies are not training their people before moving them into leadership. In fact, in this CareerBuilder study, 58 percent of managers said they had “not received any management training”, when they began managing others.
Given these numbers, it is not surprising that 41 percent of workers did not rate their direct supervisors as doing a “good or great job”. While only 20 percent described their direct supervisor's performance as “poor or very poor”, workers expressed a number of troubling concerns:
• “[played] favorites” (23 percent)
• “[didn't] follow through on what he/she promised” (21 percent)
• “[didn't] listen to concerns” (21 percent)
• “[didn't] provide regular feedback” (20 percent)
• “[didn't] keep me motivated” (17 percent)
• “[didn't] help me develop” (17 percent)
• “Only [provided] negative feedback” (14 percent)
Workers rated the performance of their corporate leaders more severely. Only 50 percent felt their leadership teams were doing a “good or great job”. Simultaneously, 23 percent described their performance as “poor or very poor”. While the problems cited with corporate leaders included insufficient communication, unrealistic workloads, and a lack of training and employee development, significant numbers of workers had concerns that are more serious:
• 40 percent said top leaders didn't “make an effort to listen to employees or address employee morale”
• 33 percent said there was “not enough transparency, [didn't] communicate openly and honestly”
• 30 percent said “major changes [were] made without warning”
• 27 percent said “workloads and productivity demands [were] unreasonable” (we are surprised this number was not higher)
• 21 percent said “[didn’t] motivate me”
• 20 percent said that corporate leaders “stopped investing in the development of employees”
Though this study was United States-centric, based on our research, we believe a similar study conducted with workers in other countries would have yielded similar results.
We expect to see more corporate leaders making the critical investment in management training programs to develop their current and future leaders. Those that do not will suffer the consequences both today and tomorrow.
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FREE INSIGHTS FOR THE CLICKING
Do you appreciate Joyce's insights in the Herman Trend Alert? Then you will surely want to follow her insightful tweets on Twitter. Search for JoyceGioia on Twitter.com and start receiving her interesting insights on the future and social networking right away!
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FIND OUT WHAT YOUR EMPLOYEES REALLY THINK AND FEEL
Discover what’s really going on in the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-416-7066, or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html
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ATTENTION SUBSCRIBERS WITH ASSOCIATES IN SE ASIA
Are your friends challenged to deal with their Gen Y employees or their contingent workers? Then you will certainly want them to attend one of our effective 2-day workshops called "Decoding Gen Y” or “Winning with your Contingent Workforce”. Great bonuses, including two hours of consulting included. For more information, email Betty Sun at betty@ipa-group.com
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Looking Forward. . .
Joyce L. Gioia
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March 30, 2011
Some years ago, the multidisciplinary Global Advisory Group of the World Health Organization acknowledged a worldwide shortage of nurses. The shortage was caused by an increased demand for nurses, while fewer people were choosing the nursing profession and the nurses worldwide were aging. The shortage applied to nurses in practice as well as the nurse faculty who taught students. The lack of nurse faculty meant that we could not train as many nurses.
That’s why we were pleased to see the news from the American Association of Colleges of Nursing (AACN) that enrollment in doctoral nursing programs increased significantly last year. In fact, enrollments in baccalaureate, master’s, and doctoral nursing programs all continued to increase.
In October 2010, the Institute of Medicine and the Robert Wood Johnson Foundation released a landmark report on ″The Future of Nursing″. The report recommended a doubling of the number of nurses in the United States workforce with doctoral degrees. With widespread growth in the number of Doctor of Nursing Practice (DNP) programs, nursing is well on its way to achieving this recommendation. In just five years, the number of schools offering the DNP has increased from 20 programs in 2006 to 153 programs in 2010. Last year, enrollment in these programs grew by 35.3 percent with 7,034 students now enrolled in DNP programs.
In spite of all of this good news, the number of students turned away reached a new high. Though interest in nursing programs is strong, thousands of qualified applicants are turned away from four-year colleges and universities. In fact, AACN's survey found that 67,563 qualified applications were not accepted at schools of nursing last year, due primarily to a shortage of faculty and resource constraints. The top reasons reported by nursing schools for not accepting all qualified students into entry-level baccalaureate programs, include insufficient clinical teaching sites (65.1percent), a lack of faculty (62.2percent), limited classroom space (48.2percent), insufficient preceptors (30.1percent), and budget cuts (29.3percent).
With Baby Boomers worldwide aging, expect the demand for nurses to row and to see more nurse migration across borders, as these valuable healthcare professionals look for the best opportunities.
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WORLD TOUR EXPANDED TO SIX CITIES
Joyce's Singaporean sponsors have decided to expand her World Tour to include Shanghai, Manila, Kuala Lumpur, Bali, Dubai, and now, Brunei in late April and early May. If you live in Asia or the Middle East and would like to schedule customized corporate training for one day or half day presentations, please contact Betty Sun at International Platform Allianz Group. Joyce's 2-day workshops will be focused on "Decoding Gen-Y" and "Winning with your Contingent Workforce". Drop Betty an email at betty@ipa-group.com and begin a dialogue.
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FIND OUT WHAT YOUR EMPLOYEES REALLY THINK AND FEEL
Discover what’s really going on in the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-416-7066, or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html
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Looking Forward. . .
Joyce L. Gioia
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March 24, 2011
Building on its previous research, The Convention Industry Council recently released a new study, "The Economic Significance of Meetings to the U.S. Economy". This landmark study revealed that the United States of the face-to-face meetings industry directly supports 1.7 million jobs and provides a $106 billion contribution to GDP. Moreover, it is responsible for $263 billion in spending, $60 billion in labor revenue, $14.3 billion in federal tax revenue, and $11.3 billion in state and local tax revenue.
Sponsored by an alliance of 14 organizations and conducted by PwC US, the study is the first‐ever study of the size and scope of its kind. Though somewhat self-serving, the research quantified the economic contributions made by the 1.8 million meetings, trade shows, conventions, congresses, incentive events and other meetings that take place across the country.
In 2009, a similar study demonstrated the return on investment and the value of face‐to‐face meetings. The meetings industry can play a critical role in supporting jobs in communities and helping bring the US out of its economic slowdown. Meetings can create environments that foster innovation, consensus, and business success.
This new research quantifies the economic significance of the sector for legislators, regulators, and economists. Conducting this research was a very important move to eliminate the possibility of what happened in 2008, when the current administration came down hard on financial institutions that had planned large expensive meetings.
The 1.7 million jobs generated by the meetings industry are larger than many other US industries. Those jobs generate $60 billion in labor income and support another 4.6 million workers, including industry suppliers and others. All told, the Total Economic Output provided is $907 billion to the US economy, about 16 percent of the GDP, and kept a total of 6.3 million people employed in full- and part-time jobs.
In spite of the popularity of new electronic media, we expect the face-to-face meetings industry to continue to grow and to continue to contribute more to the US GDP. We also believe that were the studies available for other parts of the world, we would see similar, if not greater, increases.
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OPTIMIZING YOUR ONBOARDING OPPPORTUNITY?
For most organizations, there are untapped opportunities in their Onboarding process. If you think something could improved in your process and you'd like a phone consultation ---at no charge---call Joyce Gioia (joy-yah) at 336-210-3548.
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LOOKING FOR A DYNAMIC KEYNOTE SPEAKER?
You need look no farther. Joyce Gioia (joy-yah) is a sought-after speaker for corporate and association audiences. Joyce shares her knowledge and expertise about talent engagement and retention with business executives around the globe. Her understandings and insights will inform and fascinate you. For more information, call Carol McKinney at 336-282-9370 or visit the web site at http://www.hermangroup.com/joyce.html for more information on Joyce's topics.
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FIND OUT WHAT YOUR EMPLOYEES REALLY THINK AND FEEL
Discover what’s really going on in the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-416-7066, or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html
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Looking Forward. . .
Joyce L. Gioia
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March 16, 2011
Kiosk Learning,
Caroline Avey - 2/9/11
The way people, technology and learning meet is continually changing, moving
toward increases in fidelity, convenience, collaboration, specificity and
confluence.
This is a year of opportunity for chief learning officers to assess their
learning strategy in the context of a constantly evolving and changing business
environment. The challenges for today’s CLOs are more complex than ever: They
are required not only to demonstrate clear value and business relevance for
their learning strategy on a global stage, but also their ability to link
learning and performance programs directly to the goals of their organization,
despite constraints in time, budget and talent. Extraordinary times call for
extraordinary skills on the part of our CLOs as they creatively balance the
demand for knowledge and information against the realities of changing content
and instructional design, disappearing content expertise, disruptive
technologies, demand for on-the-job proficiency and an increasingly dispersed
workforce with less tolerance for off-the-job formal learning.
Last year saw the introduction of new technologies that could increase access
to information but blurred the lines between learning content, learners and
expertise. Organizations embraced experimentation with mobile or tablet devices
for learning, immersive 3-D or collaborative environments, and the incorporation
of wikis, micro-blogging or podcasts as learning tools. So what is on the
horizon for 2011? Let’s take a look.
Increased Fidelity of Experience
As access to learners becomes increasingly precious, managers are demanding
that learning be as relevant to the job as possible. This means an increased
demand for highly relevant experience, immediate transfer of content to
on-the-job proficiency, and the ability to provide a holistic learning
experience that models job requirements, such as the ability to demonstrate
multiple skills and decision-making in a robust learning exercise. The ability
for learning to apply to real life is termed “fidelity” by the industry. We’ve
seen an increase in complex gaming, immersive simulations and the use of
technology as a business modeling engine. Examples of complex gaming include a
group of engineers who compete in an online game to design the best solution or
a group of sales executives who participate in a sales conference game to test
and challenge their ability to gather information about a prospective client in
order to present a proposal. While most organizations have courseware to support
competencies for particular roles, some are looking at learning activities that
challenge cross-functional groups of learners to work together for an improved
business result. Fidelity can be a highly desirable design element where online
learning looks exactly like the Web page of the firm or dynamically renders
images of a tool for technology training.
Business modeling is another tool that can be used to create a high fidelity
experience for the learner. Unlike branched solutions — where a learner selects
from a given set of options and then continues on that path, choosing from a
fixed set of options — business modeling allows the learner to make multiple
discreet decisions. The modeling engine provides each learner with unique
feedback and allows the learner to see both the relationship and the magnitude
of decisions. An example is financial training for managers of a business unit.
The learner is challenged to respond to the loss of a major customer, in which
he or she looks at aspects of the business and decides whether to increase,
decrease or not change new sales efforts. Similar decisions are made for
managing inventory, employee morale, etc. The model then shows the impact of the
multiple decisions.
Kiosk Learning
Retail and customer service counter industries are moving into using devices,
such as the iPod Touch — and, more recently, the iPad — as tools to access
learning. Many organizations have groups of employees who are remote from
computers, or their computers may be point-of-sale devices or call center
workstations that have limited capacity to run engaging learning that includes
multimedia. An iPad allows multiple users to learn on a single device, so iPads
posted at remote locations become digital learning kiosks. Additionally, iPads
allow for multiple user log-ons, so that learning can be tracked by user through
distance-learning applications.
Such learning kiosks enhance on-the-job accessibility to learning: The
learner avoids travel to a learning location and can make use of any downtime. A
key advantage of the learning kiosk concept is putting the learning at the point
of need – not only for traditional courseware, but also on-the-job support.
Examples of the use of kiosk learning in retail range from skills enhancement
training for customer serving counter agents at an international airline to new
product training for retail store counter clerks that can be updated as customer
sales and data evolve.
Crowdsourcing for Learning Assignments
Web 2.0 tools and platforms continue to provide a collaborative environment
for knowledge workers and learners. Although the most popular tools in use are
still simple solutions, such as e-mail, instant messaging, Web conferencing and
file sharing, users are becoming more sophisticated in combining various tools
to meet their particular need. Skype is making inroads in the corporate world
for connecting learners to tutors or subject matter experts. There’s also a
trend toward embedding wikis and blogs into learning programs or instant
messaging into other collaboration events in an effort to improve e-learning
effectiveness.
Organizations are investing in external tools, such as NewsGator or Q2
Learning to provide robust collaboration environments, whereas lighter tools
such as Ning and Moodle are still popular for blogging and discussions. Google
is focusing on collaboration tools, and Google Apps are being used in education
and are crossing over to the corporate sector for document creation with
real-time editing, sharing controls and seamless compatibility for learners.
Examples of crowdsourcing as a learning strategy range from the capture of
best practices during planning process training for a military group to
capturing cadres of learners’ assignments posted for technical training on
SharePoint for an energy company.
Data Mining
Micro-learning and user-generated content in blogs, wikis and YouTube-like
video servers can become information overload to learners. While access to
thousands of knowledge objects may initially be appealing to learners, they can
quickly become discouraged and disinterested if their search results are not
relevant. The key for learners is to access knowledge sites and get exactly what
they need and only what they need. First and foremost, knowledge systems must
have robust search and tagging systems to accommodate data inquiry.
Additionally, users must either be trained to use the system or, more
preferably, the system should be a highly intuitive one that guides the user and
recognizes his or her preferences. Intelligent systems search for relevant
words, such as the Google search engine does; these systems look at the affinity
of a learner’s search pattern and then make intelligent recommendations. While
CLOs may or may not manage knowledge management systems, it will be important to
contribute input into how these systems will support access for learners.
The LMS Adds Informal Learning
Learning encompasses both performance readiness through formal learning and
performance proficiency as well as support through informal learning and social
networking. The traditional LMS hosting a catalog of courseware may not be
robust enough to support a learner’s need to search for specific formal learning
support objects and provide ready access to knowledge objects and collaboration
sites. Many of the LMS providers are responding by adding their version of wikis,
blogs and communities of interest.
There is strong interest in overlaying the traditional LMS interface with a
“front door” portal that not only provides links to traditional courseware on
the LMS, but also provides access to informal learning, such as wikis and blogs.
This type of portal is more demand-ready so that the user can easily browse for
topics or take an assessment to identify a gap in knowledge, with the gap report
providing links to both formal courseware and informal learning content that
addresses the identified need.
So What Does The Future Hold?
Technology will continue to push our comfort zone, with avatar experiences in
3-D on mobile devices; use of cloud computing to enable access to software;
holographic imaging to increase the fidelity of a learning environment; personal
LMS sites for users to track firm, academic and other professional experiences;
and increased capability for augmented reality solutions with cheaper broadband
access through a wide range of devices.
What about traditional instructor-led courseware? It won’t go away, but firms
will continue to be more selective on when to use traditional face-to-face group
learning. The experiences will be richer, simulating on-the-job experiences for
immediate job transfer. Firms will look to tools and templates for rapid
authoring of instructor-led courseware.
Caroline Avey is a learning strategist and director of
innovative learning solutions at ACS Learning Services, a Xerox company and
learning and development service provider. She can be reached at
editor@clomedia.com.
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Looking Forward. . .
Joyce L. Gioia
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March 10, 2011
When society fails to invest in its young children, the expenses are high and far-reaching. In fact the costs are staggering, especially when compared to the investments to avoid these consequences.
A new analysis by an economist and two criminologists for the Pew Center for the States reports the little-known huge price tag. They estimate the social costs caused by an array of bad outcomes including child abuse and neglect, high school dropouts, criminal activity, teen pregnancy, drug and alcohol abuse, and other health problems.
Investments in evidence-based early childhood programs could significantly diminish these expensive social ills. States face the choice of paying now or paying later every day, when they make decisions about investing in new generations. These young people are tomorrow’s students, parents, employees, and citizens. Research has demonstrated that supporting healthy early childhood development—from before birth through age five—produces substantial educational, social and financial benefits for children and their communities.
The costs are staggering:
Societal costs for medical and mental healthcare and services, like foster care, total more than $30,000 for an abused child. When a teenager has a child, the nation pays $120,000 for expenses including medical care, social assistance programs, and efforts to deal with higher rates of abuse and neglect among these young parents. High School dropouts each cost society $250,000, through lower earnings and benefits. Treatment, medical care and other societal costs caused by a drug abuser amount to $250,000. Societal costs for an alcoholic, such as medical problems, car crashes and lost productivity at work, add up to $230,000.
The purpose of this study was to help policy makers and the public fully evaluate the consequences of funding decisions. It also looks at resources the US could redirect to more cost-effective policies in the future as proven preventive measures reduce crime, school failure and health problems.
We applaud the important work of The Pew Center on the States, a division of The Pew Charitable Trusts that identifies and advances effective solutions to critical issues facing states. Expect more research to focus on these kinds of critical social issues. For more information, visit www.pewcenteronthestates.org
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LOOKING FOR A DYNAMIC KEYNOTE SPEAKER?
You need look no farther. Joyce Gioia (joy-yah) is a sought-after speaker for corporate and association audiences. Joyce shares her knowledge and expertise about talent engagement and retention with business executives around the globe. Her understandings and insights will inform and fascinate you. For more information, call Carol McKinney at 336-282-9370 or visit the web site at http://www.hermangroup.com/joyce.html for more information on Joyce's topics.
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BUSINESS IS PICKING UP: ARE YOU READY?
Most employers aren't. The recovery will bring a new set of challenges for employers that have been in prolonged contracted mode. They will need more skilled workers or will need now to begin to upskill their current staffs. That's where The Herman Group can help. We can help you determine who you will need and when you will need them. . . and we can also guide you to the best sources for the people you will need. For more information, call Carl at 512.916.3407 or email joyce@hermangroup.com
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FIND OUT WHAT YOUR EMPLOYEES REALLY THINK AND FEEL
Discover what’s really going on in the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-416-7066, or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html
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Looking Forward. . .
Joyce L. Gioia
Posted at 10:00 PM | Permalink | Email this Blog to a Friend
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March 2, 2011
While we realize that the Internet is merely a tool, it has played an unmistakable and important role in recent political events. Technology’s impact on political unrest is not new. In 1979 the revolution in Iran used smuggled cassette tapes of inspirational speeches from opposition leaders to provoke turmoil. In 1989 during the fall of the former-Soviet bloc countries, the FAX machine played a critical role in distributing information among dissidents. Twitter and Facebook are simply the newest tools, though significantly more powerful than others before. They increased the affect on the Egyptian opposition from the recent regime change in Tunisia.
According to Guarav Mishra Professor of Social Media at Georgetown University, there are other factors at play here as well. “The societal context and the sequence of how events unfold, the personality of the protagonists and the relationships between them, the stickiness of the message and the timing of its delivery” are all factors that have an effect on the situation.
In fact, the Internet has affected many aspects of our lives: how we shop, how we relate with each other, how we promote goods and services, how we recruit, and especially the need for corporate transparency (addressed in a recent Herman Trend Alert--- http://www.hermangroup.com/alert/archive_1-12-2011.html
In the recent “Social Media Comes of Age” The Vocus 2011 Planning Survey, organizations overwhelmingly gave themselves high marks for social media maturity, with 67 percent saying they are “participating, sharing and contributing to social conversations”.
According to Malcolm Gladwell, author of “The Tipping Point”, “the point is whether the social web helped create the social context over the long-term that seeded the meme (a cultural item, transmitted by repetition) of the revolution or tipped it into a movement”.
We believe that it did and that the Internet and “The Social Web” will continue to affect life as we have known it. Not only may any despot expect regime change revolutions, but social media will continue to affect an increasing number of aspects of our lives.
What we have seen in recent events in the Middle East is only the beginning. Get ready; it’s going to be a wild ride!
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Looking Forward. . .
Joyce L. Gioia
Posted at 12:30 PM | Permalink | Email this Blog to a Friend
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February 23, 2011
The brand new "Survey on Workplace Flexibility" offers some startling findings: the majority of employers in the United States now offer some kind of "workplace flexibility". The study, from the prestigious total rewards association WorldatWork, provides an inside look at employers’ views on flexibility. The study gauges the impact of flexibility programs on employee attraction, motivation, and retention.
The study revealed that while a vast majority (98 percent) of US employers offer at least one workplace flexibility program, most (nearly 60 percent) use an informal approach. WorldatWork defines this informal approach as one having no written policies or forms, where it is up to the manager's discretion to implement.
Four out of 10 say flexibility is "culturally embedded". Not surprisingly, the study found that the stronger the culture of flexibility, the lower the voluntary turnover rate. In addition, a majority of employers report a positive impact on employee satisfaction, motivation, and engagement. In workplace flexibility programs, culture trumps policy. And it’s not about the quantity of programs offered; it’s about how well supported and implemented the programs are.
The survey found that different sectors emphasize flexibility programs with varying degrees: compressed workweeks are more prevalent in the public sector (68 percent); part-time schedules are more common among non-profit organizations (90 percent); and publicly traded companies more frequently offer ad hoc telework (89 percent).
Companies tailor flexibility programs to fit the needs of their workforces as well as their organizational priorities. The most prevalent programs are flex-time (flexible start/stop times), part-time schedules (with or without benefits), and teleworking on an ad hoc basis (e.g., meet a repair person or sick child). Each program is offered to some or all employees in more than 80 percent of surveyed companies.
The study also revealed several obstacles to the adoption of flexibility programs, including: lack of training; top management resistance; and lack of employee interest in programs like "phased return from leave", "phased retirement", and "career on/off ramps". Given its importance to Gen-Y, expect more and more employers around the world to embrace flexibility as part of an effective Total Rewards Package.
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Looking Forward. . .
Joyce L. Gioia
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February 18, 2011
Within the last two weeks two respected organizations have released reports that confirm our forecast: employers will be hiring more people in the coming year.
Manpower’s quarterly Employment Outlook Survey for the first three months of 2011 shows that United States employers report the most optimistic hiring intentions in a while. US employers surveyed by Manpower, anticipate an increase of 14 percent in staff levels in Quarter 1 2011.
Globally, Brazilian employers’ had a continued robust net employment outlook of 36 percent increase. Only hiring expectations in India, China, and Taiwan with increases of 42, 40, and 37 percent respectively exceed Brazil's. In Colombia, the net employment outlook was an increase of 10 percent.
This global survey reflects recovery in the world’s largest economies. Employers surveyed enjoyed five straight quarters of employment growth---a positive overall hiring Outlook since the start of 2010 (data seasonally adjusted).
The survey found widespread stability among employers worldwide. Employers in seven of the 13 industry sectors surveyed expect to remain relatively stable compared to Quarter 4 2010. Services and Financial/Insurance Sectors led others in hiring expectations, though there were regional differences. However, the lack of robust demand for products and services is creating an ongoing level of uncertainty, especially in Europe.
According to a recent survey by the National Association for Business Economists (NABE), US businesses' hiring intentions are at their highest level since 1998. Respondents also said the outlook for the economy had "improved significantly".
Some 42 percent of respondents in the NABE study indicated their firms will increase employment in the next half year, up from 29 percent in the same time a year ago. Current employment conditions were also at a 12-year high, with over a third of respondents reporting larger workforces compared to only 13 percent a year ago.
Almost two-thirds of those surveyed forecast 2 to 3 percent growth in the US economy this year, and one in five respondents predicted 3 to 4 percent growth.
The most significant problem facing employers everywhere will be their inability to recruit qualified people with the skills, abilities, and experience they will need. These shortages are only the beginning.
Find full Manpower reports at http://www.manpower.com/press/meos.cfm
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BACK BY POPULAR DEMAND: RETENTION SPECIALIST PROGRAM
A growing number of people have expressed an interest in attending our Employee Retention Specialist Certificate Program. We have scheduled it for March 10 and 11 in Las Vegas. Space is limited, so please call Joyce directly at 336-210-3548 to register.
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JOB CREATION IS COMING. ARE YOU READY?
Most employers are unprepared. The recovery will bring a new set of challenges for employers that have been in prolonged contracted mode. They will need more skilled workers or will need now to begin to upskill their current staffs. We can help you engage and retain your talent---so that you will have who you need and when you need them. . . and we can also guide you to the best sources for the people you will need. For more information, call Joyce at 336.210.3548 or email joyce@hermangroup.com
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FIND OUT WHAT YOUR EMPLOYEES REALLY THINK AND FEEL
Discover what’s really going on in the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-416-7066, or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html
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Looking Forward. . .
Joyce L. Gioia
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February 9, 2011
Using a video approach to learning, Herndon, Virginia-based K12 Inc. is an organization providing online learning which operates online public schools in 25 states. K12's online learning supports struggling, advanced, home schooled, and homebound students in kindergarten through twelfth grade, plus athletes, performers, Expats, and people in the Foreign Service and Overseas. The company boasts over 1000 graduates; their students have been accepted at hundreds of institutions of higher learning, including Princeton, Duke, Julliard, New York University, Stanford, and the Art Institute of Chicago.
K12's latest development was to team up with George Washington University (GWU) to launch a fully online private prep school for high school students. Created to bring a higher quality curriculum and online classes to students around the world, this virtual school is a unique partnership between a major research university and the virtual education company. The alliance will also conduct research on curriculum development and instruction in online learning environments. The expectation is that the partnership will result in enhanced perspectives on online instructional methods.
Most colleges and universities do not offer online teaching and learning skills in their teacher education programs. This partnership will provide GWU the opportunity to incorporate these leading edge subjects into its teacher education programs. These types of subjects are increasingly important, because K12 Inc. served an estimated 1.5 million students during the 2009 to 2010 school year. K through 12 teacher education programs have generally been slow to embrace development and training programs around online and blended learning.
Through a highly selective admissions process, the new virtual school, called George Washington University Online High School (GWUOHS), is targeting high-achieving, college-bound students. There are similar programs at other colleges and universities, including Stanford University, Northwestern University, the University of Miami, and Johns Hopkins University. Annual tuition for GWUOHS is $9,995 per student, or $4,995 per semester.
K12 is leading the way with this most recent alliance. Aligned with young people's love of technology, this launch of private online schools is a harbinger of the growing acceptance of online learning in K through 12. We expect this segment to grow exponentially worldwide.
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EMPLOYEE RETENTIONS SPECIALIST WORKSHOP SCHEDULED
Help your company win the new war for talent. As the economy recovers, more employees will begin to jump ship. Learn what you must do now to avoid this unwanted turnover. Join us in Las Vegas and learn the low- and no-cost solutions to this impending workforce crisis. Help your company recruit, engage, and retain the talent it must have to survive. Next Employee Retention Specialist(TM) Program: March 9-10. Call Carol at 336-282-9370 or visit http://www.employeeretentionspecialist.com to enroll.
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YOUR EMPLOYEES NEED THEIR LEADERS MORE THAN EVER
Help your leaders to excel. Thousands have used our weekly Lessons in Leadership to help their supervisors and managers remember how to hold onto top talent. The 52-week subscription is only $47, a bargain when you think about the savings to your organization in reduced turnover. Quantity discounts available by emailing Carol at carol@hermangroup.com. Order today at http://www.hermangroup.com/store/subscription_all.html#3
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OPTIMIZING YOUR ONBOARDING OPPPORTUNITY?
For most organizations, there are untapped opportunities in their Onboarding process. If you think something's missing from your process and you'd like a phone consultation---at no charge---call Joyce Gioia (joy-yah) at 336-210-3548.
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Looking Forward. . .
Joyce L. Gioia
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February 2, 2011
A recent global study found that only 26 percent of Information Technology (IT) employees in North America were fully engaged at work. Nearly as many, 22 percent, are actually disengaged. Those findings are substantially worse than the workforce overall, of which 33 percent were engaged and 18 percent disengaged.
In their "Employee Engagement Report 2011" consulting firm BlessingWhite explored workplace attitudes among employees on four continents. Based on survey responses of nearly 11,000 individuals, the report found many organizations view IT workers, especially those at the helpdesk and maintenance levels, as necessary commodities that are not critical to the organization’s mission or strategy. In addition, they often overlook or underfund the development of technical leaders. Thus, it is not surprising that engagement levels are lower in IT departments than functions closer to strategic decision making and customers like Sales, Human Resources, and Marketing.
Blessing White's study also found that 48 percent of IT employees trust their organization’s senior leaders, while 76 percent of non-IT employees trust their immediate manager. The top the drivers of satisfaction and contribution for IT employees are career development and training.
Moreover, the study found that "Trust in executives can have more than twice the impact on engagement levels than trust in their immediate managers does. In spite of this fact, employees are more likely to trust their immediate supervisors (72 percent) than the executives (52 percent) in their organizations."
The top reason Asian employees consider leaving is the lack of career opportunities (23 percent). The most vulnerable are, of those employees in Generation Y (25 percent) are "on the fence" and six percent are ready to leave now. Of those considering a move, IT employees are most likely to leave to pursue career advancement or more fulfilling work, two of the main drivers of employee engagement.
A growing percentage of IT employees worldwide is ready to leave their companies. People will stay for the opportunity to meaningfully contribute. Armed with this information wise employers will find ways to support their employees in giving of themselves to their companies and communities. As qualified people become available, companies will offer disengaged employees "creative career redirection opportunities".
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REDUCE COSTS BY INCREASING EMPLOYEE ENGAGEMENT
Recent studies indicate that 45% or more of today's workers are not happy and as soon as the economy turns around, they plan to leave. Let The Herman Group and its team of very experienced consultants help you address your engagement and turnover issues right away. We have an impressive track record and stand ready to help you. Call Carol at 800-227-3566; international, call 336-210-3547 for a no-obligation conference call.
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BUSINESS IS PICKING UP: ARE YOU READY?
Most employers aren't. The recovery will bring a new set of challenges for employers that have been in prolonged contracted mode. They will need more skilled workers or will need now to begin to upskill their current staffs. That's where The Herman Group can help. We can help you determine who you will need and when you will need them. . . and we can also guide you to the best sources for the people you will need. For more information, call Joyce at 336.210.3548 or email joyce@hermangroup.com.
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IS YOUR EMPLOYER AN EMPLOYER OF CHOICE®?
Our effective, onsite seminars, workshops, and consulting can help you get there. We offer 1-, 2-, 3-hour, and full-day programs to help you communicate what it takes to become an Employer of Choice® and inspire your folks to get it done. In the future, being an Employer of Choice® will not be optional. Call Carol at 336-210-3547 to arrange a no-obligation conference call. Email info@EmployerOfChoice.com for more information.
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Looking Forward. . .
Joyce L. Gioia
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January 26, 2011
Adults in the United States are now less likely to demonstrate "green" attitudes and engage in various environmentally friendly activities, than they were in the summer of 2009. According to a new Harris Poll, these folks are now less likely to engage in green behaviors in their daily life.
Interestingly, the exception to this finding is adults who self-identify as being Lesbian, Gay, Bisexual, and/or Transgender (LGBT). These non-traditional adults reported being "greener" than their heterosexual counterparts. LGBT adults are more likely to express concern for the environment, describe themselves in green terms (e.g., environmentalist, "green," conservationist), and say environmental issues are important to their voting and purchasing decisions.
Specifically, compared to 2009, adults in America are now less likely to engage in various green behaviors in their daily life, including making efforts to use less water, purchase locally grown produce and locally manufactured products, and compost organic waste.
Moreover, US adults are also less likely think or act green to have adopted certain environmental activities in the past year. In fact, six percent fewer purchased Energy Star appliances, nine percent fewer donated or recycled electronics; six percent fewer switched from bottled to tap water, five percent fewer installed a low-flow showerhead or toilet and, five percent fewer purchased a hybrid or more fuel-efficient car.
A more shocking finding is that now only 36 percent of adults say they are concerned about the planet they are leaving behind for future generations, compared to 43 percent who said so in 2009. Plus, fewer adults said environmental issues were "very or extremely important" to them when deciding how to vote for political candidates as well.
We believe that this waning of support for the environment is the direct result of the worldwide Great Recession and the distraction of the American public by more immediately pressing (and personal) issues. When people everywhere are struggling to survive, they are much less likely to consider the effects of their actions. Expect this trend to reverse, once unemployment is significantly reduced and the economy really recovers for ordinary people. Increasingly alarming climate changes will also draw more attention to the imperative of "going green".
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BACK BY POPULAR DEMAND: RETENTION SPECIALIST PROGRAM
A growing number of people have expressed an interest in attending our Employee Retention Specialist Certificate Program. We'd like to schedule on that's convenient for those who want to attend, but need your feedback to do so. Please place RETENTION SPECIALIST in the subject line and Joyce will personally call you back to schedule the workshop. Or you can call Joyce directly at 336-210-3548. We expect to schedule at least two in the first half of 2011.
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FOR A DYNAMIC KEYNOTE SPEAKER?
You need look no farther. Joyce Gioia (joy-yah) is a sought-after speaker for corporate and association audiences. Joyce shares her knowledge and expertise about talent engagement and retention with business executives around the globe. Her understandings and insights will inform and fascinate you. For more information, call Carol McKinney at 336-282-9370 or visit the web site at http://www.hermangroup.com/joyce.html for more information on Joyce's topics.
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FIND OUT WHAT YOUR EMPLOYEES REALLY THINK AND FEEL
Discover what’s really going on in the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-416-7066, or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html
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Looking Forward. . .
Joyce L. Gioia
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January 19, 2011
In numerous previous Herman Trend Alerts, we have discussed the tremendous influence small- and medium-size companies have on the job market in the United States. Economists tell us that up to 80 percent of job growth worldwide takes place in these types of organizations.
Two recent releases give us some hope for more job creation this year. First, we highlight a study from CBIZ Small Business Employment Index. In December, companies with fewer than 300 employees experienced employment growth of 1.54 percent, representing the largest percentage increase since June 2010.
Of the 3,099 companies they surveyed, 29 percent of the respondents had added employees; on the other hand, 50.4 percent had made no changes, indicating greater employee retention and stability. In an even smaller company business survey by Intuit, employment was found to have increased in December---by 0.3 percent, or 57,000 jobs.
Compare these numbers with the Society for Human Resource Management's (SHRM) report. Polling larger companies, SHRM's Leading Indicators of National Employment (LINE) report for January 2011, showed that the percentages of American companies that reporting hiring expectations in January are at three-year highs in the manufacturing and service sectors, 3.0 and 1.1 percent respectively. On top of that news, layoffs are at a four-year low.
Overall, In January, for the 15th straight month, hiring is increasing in manufacturing and services on an annualized basis of 13.3 and 6.8 percent. In these numbers, we see glimmers of hope.
Happily, Manpower and CareerBuilder forecast employment gains in the US during 2011; however no informed person is expecting a quick or dramatic reversal. The depth of unemployment is serious and it will take us years to dig out of this hole.
On the international stage, we still see the numbers looking better than the US, with Asia and South America leading the way. The phenomenal GDP growth we are seeing in China, India, and Singapore will fuel the rise of the Middle Class, an important event for the producers throughout the world and the global economy. In the US, we will also see a continued acceleration in homeshoring, as manufacturers seek higher quality and lower transportation costs.
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Looking Forward. . .
Joyce L. Gioia
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January 12, 2011
Just recently, CBS News commentator Bob Schieffer said, "Technology has changed the American dialogue". Though he was speaking about the Representative Giffords' shooting, nonetheless the quotation applies here as well.
WikiLeaks' dumping of vast numbers of Pentagon and State Department secret documents into the public domain has changed the public affairs' game for companies and institutions---forever. Welcome to the "Age of Forced Transparency"!
Writing for Forbes.com, cybersecurity reporter Andy Greenberg coined the term "Forced Transparency" to describe the new reality facing companies and governments. WikiLeaks and its copycats now leave organizations no choice but to voluntarily, if reluctantly, share information that was previously secret.
Rick Amme, media and crisis management consultant, urges organizations to prepare now for this new reality. "There are two types of preparation", Amme asserts, "generic and specific". Generic preparation involves taking steps to make leaking less likely by having good internal problem-solving and communications. Paying attention to internal communications makes it less likely people will want to leak. And keep your employees happy. Happy employees are rarely motivated to leak.
Specific "preparation" takes place after the leak has occurred. Amme urges to follow the lead of Bank of America with its extensive preparations, taken after the bank learned it might be a WikiLeaks' victim. In fact, BoA has a team of about 20 executives working full time on the threat---just in case.
Amme also offers other important advice: "Increase transparency." As Amme says, "Transparency takes on new meaning in a WikiLeaks' world. Inform stakeholders more than ever." What bothers employees is the vague insecurity that something's wrong, yet no one's talking. Amme continues, "Get comfortable disclosing uncomfortable information that could later be turned against you".
"Validate secrecy and whistle-blowing." Help employees understand that you are asking them to protect valuable company information, not hide malicious secrets. Also explain the difference between leaking and whistle-blowing.
"Protect Information Technology. Humans leak, systems fail. Re-evaluate computer security." Secure your intellectual assets.
The future? Some executives will react by shutting everything down---the opposite of what we're recommending. In addition, there will be a crackdown on leakers and that will affect reporters negatively―certainly an unwanted consequence.
Special thanks to Rick Amme for his contributions. Reach him at www.amme.com
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Looking Forward. . .
Joyce L. Gioia
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January 5, 2011
Rogue Wave,
Lately, the cruise industry has earned a greater share of mind---for better
or worse. Recently, we have seen Kevin Sheenan CEO of Norwegian Cruise Lines on
the "Undercover Boss" television show, the Carnival Splendor adrift in the sea
off the coast of Mexico, and the Louis Majesty hit by a rogue wave in the
Mediterranean Sea. In addition, many more of us have been traveling by cruise
ship than in the past.
As we reported a year ago, NCL and Royal Caribbean Cruise Lines have now
launched megaships, hosting 2500 to 5000+ passengers. With their onboard
rappelling walls, water slides, zip lines, big-name entertainment, and tens of
restaurants on board, these floating cities attract huge crowds of vacationers.
Especially for younger travelers, these megaships are very attractive. They will
jump at opportunities to enjoy these exciting experiences. On the other hand,
these megaships have added thousands of open cabins of availability.
With thousands of additional cabins available in 2011 and a slowly recovering
economy in the United States and Europe, chances are that passengers will be
able to find super cruise deals, particularly if they are willing to wait until
the last minute for booking. It seems that there is a sharp drop in the last
minute deal prices offered by cruise lines. Thus if you can, we recommend
waiting until only 30 to 40 days before sailing to get the best deal. The
downside of that tactic is that you may not get your preferred cabin in the ship
or may even lose out altogether.
Another growing trend is flexible-dining. Called free-style cruising or
"as-you-wish dining", we see this trend growing in importance. Moreover, there
will be more healthy dining options; and some forward-thinking cruise line will
begin "senior portions".
In the near-term, closer destinations will have greater appeal, because of
the more reasonable airfares. We will also see larger numbers of shorter cruises
(fewer than seven days) to give more people an affordable "taste" of the onboard
experience.
Luxurious cruises will continue to appeal to wealthiest passengers. This segment
will also continue to grow, as passengers enjoy the all-you-can-drink, better
quality food, and no-gratuities cruising.
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Looking Forward. . .
Joyce L. Gioia
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December 29, 2010
Every year at about this time, The Herman Group issues its annual forecast. Again, this year, we offer you our full forecast (longer than our usual alert) for the coming year. Enjoy.
1. Recruiting will intensify. We are already seeing the large companies looking for increasing numbers of employees. Later in 2011, the small and medium-size companies will join the scrimmage. More companies that had eliminated their recruiting function will hire inside people to offset their expenses of headhunter fees.
2. Unemployment will remain relatively high. We expect unemployment to remain over 8 percent for the coming year. The challenge for employers is that many of the unemployed do not have the skills they are looking for.
3. Workforce development will increase in importance. As communities realize the disparity between desired skills and those people actually possess, the issue of workforce development will become more important. The federal government will pass legislation to assist in this process.
4. More employers will embrace technology to manage processes and keep track of relationships. Companies providing software to employers will see their businesses grow. Employers will face the challenges of training their people in these new systems.
5. More companies will tap women for executive positions. With increases in the percentage of women in colleges, universities, and graduate schools, the world is graduating more capable, qualified women who will move into positions of authority in corporations.
6. The levels of corporate growth will depend on the region. The United States and Europe will lag behind Asia and South America in job growth and profits. Lingering high levels of unemployment and housing situations will hamper expansion.
7. Any remaining companies that had not restored sales incentives will do so next year. Recognizing the competitive disadvantage employers not only restore incentives to previous levels, but will also look for innovative ways to augment these programs with meaningful non-financial incentives keyed to the individuals' social circumstances.
8. The repeal of the Don't-Ask-Don't-Tell law will have far-reaching repercussions. This law, governing gays openly serving in the US military, will open the door to more recognition for domestic partners. More employers will acknowledge these partnerships as civil unions with attendant expenses and benefits.
9. Employers will pay increasing attention to retention. Higher employee turnover and greater difficulty in recruiting will again challenge more employers. By necessity, employers will once again be forced to look at employee retention.
10. The escalating regulatory environment will cause employers to need employment lawyers more than ever. With OFCCP (The US Department of Labor's Office of Federal Contract Compliance Programs) inspections and other unreasonable rules employers will have no choice but to engage their employment lawyers at higher levels.
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Looking Forward. . .
Joyce L. Gioia
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December 22, 2010
Occasionally, a study is so important that we devote two weeks and extend the
length of The Herman Trend Alert to cover these results. This week, we offer you
part two of the highlights from the 2010 Towers Watson Global Workforce Study.
The study recommends specific steps for employers take to improve their reward
and talent management programs. First, employers must differentiate rewards
between top and average performers. It will be especially important to have
organization-wide consistency in reward and talent management programs and to
develop business-centered leadership competencies. In summary, wise employers
will increase their emphasis on performance management, leadership, and employee
learning and development---in our view, long overdue.
Moreover, employers are advised to develop a formal Employee Value Proposition (EVP) and communicate it to employees. (We have a problem with this one, because we believe employers must have multiple EVPs, not just one!)
Companies in diverse regions approached cost cutting and cost management differently. Globally, almost all companies undertook some cost management or cost cutting activities. However, companies in the United States and Europe were much more likely than others to take aggressive measures; over 60 percent of US companies took four or more cost cutting actions. Many eliminated training and recruiting functions and are now scrambling to re-establish them.
Recently, Dr. Ilene Gochman, Managing Director, Talent Management and Organization Alignment at TowersWatson, delivered the closing keynote for Workforce Management at their Engage 2010 Online Conference. Gochman revealed additional insights from this important study.
She believes, "What worked for organizations pre–recession just isn't sustainable in today's environment. The current business environment affects the supply and demand of talent in unprecedented ways, as well as the ability of employers to engage and retain employees."
Employers must respond to the revised "employee-employer contract" (which she characterizes as "the new employment deal") and employees' evolving priorities. They must alter how they operate and how people may connect to their companies and work.
Meanwhile, organizations face increasing demands from their employees for security, stability, and opportunity, plus career advancement for top talent and employees with critical skills is particularly critical.
The key elements for a new employment deal---one that addresses the needs of various workforce segments---are:
1. With enhanced self-reliance on the part of employees, they will need to be able to "develop skills, plan for their futures, and care for their own well-being".
2. Wise employers will implement segmented talent and reward programs that deliver customized work experiences to fully draw out employees' discretionary effort. This engagement will also ensure more differentiated investment of financial resources in critical talent.
3. Long recognized as a critical strategy, wise employers will embrace agility through flexible organizational structures and processes. These improved structures and processes will support employer and employee needs alike, including reward structures, HR functions, and leadership development.
The new employment deal will challenge some employers, but most will understand the value of supporting their employees in these ways.
Special thanks to "Workforce Management" Magazine and Dr. Gochman for bringing this important study to our attention.
Next week's Herman Trend Alert will feature our 2011Workforce/Workplace Forecast.
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TIME FOR STRATEGIC PLANNING?
Our effective consultants at THG Consulting Partners can help you have the best planning session ever by engaging your team in effective, proven practices. We specialize in involving all of your participants, so that you profit from their best ideas. To book one of our consultants for your next strategic planning retreat, call Joyce Gioia(joy-yah) at (336) 210-3548.
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IS YOUR ORGANIZATION AGILE ENOUGH TO SUCCEED TODAY?
Creating more adaptable and responsive organizations is consistently one of the top challenges facing CEOs today. Helping business owners and CEOs create more AGILE leaders and organizations is the specialty of one of our THG consulting partners---Agility Consulting & Training (ACT). Call Tom O’Shea, a Certified Management Consultant, at 336-282-1211 for a no-obligation conference. Find his bio at http://hermangroup.com/thgconsultingpartners/tom_oshea.html or e-mail Tom at Tom@agilityconsulting.com
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NEED STRATEGIES TO TRANSFER YOUR INTELLECTUAL CAPITAL?
Let us help you cope with the changing workforce by giving you proven strategies and tactics for maintaining your intellectual capital, even as your human capital is walking out the door. Call Joyce Herman at 336-282-9370 to discuss your particular situation and what has worked for other clients.
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Looking Forward. . .
Joyce L. Gioia
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December 15, 2010
Occasionally, a study is so important that we devote two weeks and extend the length of The Herman Trend Alert to cover these results. This week, we offer you part one of the highlights from the 2010 Towers Watson Global Workforce Study.
First and not surprising to us, "employers reported difficulty attracting and retaining top talent". Employers’ experiences with attraction and retention were related to differences in the business climate. Nearly two-thirds of all respondents reported having problems attracting critical-skill employees. However the proportion varied significantly from a high of about 80 percent in Asia and Brazil to around 50 percent in the United States, Spain, and Ireland.
Second, it is always valuable to see the disparity between employer and employee views of "reasons to join a firm". In ranked order of importance (most to least), the reasons employees gave were competitive base pay, challenging work, and convenient, and opportunities for career advancement. On the other hand the ranking from employers was somewhat different. They agreed that most important (these days) was competitive base pay, however they followed with reputation of the organization as a great place to work, challenging work, and business/industry of the organization.
The fact that "opportunities to learn new skills" does not even appear of the employees' view is very interesting. What we now see is employees' impatience to have career advancement without learning the new skills they may need. It is also noteworthy that "challenging (meaningful) work" appears second or third on both lists. Moreover, for employees, convenient work location and flexible schedule trump "the business/industry of the organization" and "financial health of the organization". Thus, candidates are increasingly likely to be influenced by job offers that include a (better) pension, greater job security, better work/life balance, and more flexible work arrangements.
The "reasons to stay" were a bit different from the "reasons to join": While both groups agree that compensation and advancement opportunities are the important factors in both attracting and retaining employees, employers underestimated the importance of employee security and well-being. Both now and in retirement, these are two critical factors for employees when they evaluate whether or not to leave their current employer. As we forecast more than a decade ago, many employees feel more responsible for managing their careers and retirement.
Employers take note: these attitudes will affect your ability to attract and retain in the months and years to come.
And you won't want to miss Ilene Gochman, PhD, of Towers Watson who will deliver a seminar on this study at the upcoming Human Capital Institute event.
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EMPLOYEE RETENTION = EMPLOYEE ENGAGEMENT? NOT ALWAYS!
Just because employees are not leaving does not necessarily mean that they are engaged. In fact, studies tell us over 45% of today's workers are disengaged, costing their employers millions. Help your supervisors, managers, and executives to know what works and what doesn't to keep your good people. For a wealth of information and product offerings, visit our retention website at http://www.retentionconnection.com
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IS YOUR ORGANIZATION AGILE ENOUGH TO SUCCEED TODAY?
Creating more adaptable and responsive organizations is consistently one of the top challenges facing CEOs today. Helping business owners and CEOs create more AGILE leaders and organizations is the specialty of one of our THG consulting partners---Agility Consulting & Training (ACT). Call Tom O’Shea, a Certified Management Consultant, at 336-282-1211 for a no-obligation conference. Find Tom’s bio at http://hermangroup.com/thgconsultingpartners/tom_oshea.html or e-mail Tom at tom@agilityconsulting.com
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NEED HELP THINKING ABOUT YOUR FUTURE?
Our futurists offer thought-provoking and penetrating insights, along with creative ideas to implement right away. Whether you're looking for a speaker or a consultant or a facilitator for your strategic planning retreat, The Herman Group can help you find a person for your needs, no matter what your topic. Email Joyce at joyce@hermangroup.com to discuss your event.
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Looking Forward. . .
Joyce L. Gioia
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December 8, 2010
The number one reason (30 percent) why executives invest in philanthropic and socially responsible activities is to have an impact on what they consider to be "critical issues". In a recently released study by Weber Shandwick's Social Impact specialty group, results reflected executives' views on corporate social responsibility (CSR). This new research also revealed that 25 percent of executives polled fund corporate social responsibility because they want to see their organization's values in action.
The third most popular reason was building customer loyalty (15 percent); fourth was, differentiating the company from competitors (6 percent) and fifth was engaging and retaining employees (4 percent).
Nearly 60 percent of the responding executives said that they fund nonprofits. Nonprofits are ideal partners because they make the CSR investment seem more effective. Nonprofits also provide a critical foundation and infrastructure for giving, contribute their expertise to corporate representatives, and help engage consumers by promoting the mutually beneficial project or event.
Moreover, the survey found that eight out of ten executives (79 percent) consider nonprofits to be valuable partners. To accomplish their goal of having an impact on specific critical issues, corporations look at their own community needs. They ask how they can focus their resources and expertise to foster genuine change. Given the urgent need for improvement in the United States and elsewhere on vital issues like education, health and wellness, economic development, and environmental sustainability, this news is very encouraging.
The most important ingredients in creating successful CSR programs are "strong and vocal support from senior managers" (94 percent) and well-defined objectives and outcomes (91 percent). In other words, senior leadership drives success. Conducted in October, this survey polled corporate executives in large companies with responsibility for philanthropic, social responsibility or community relations.
Based on these attitudes, local nonprofits can count on the majority of large companies to step up to the plate and support their initiatives. However, complicating the situation, more and more nonprofits will appear to compete for the attention and the resources of the local corporations. Increasing evidence will emerge on the value of CSR to attract and retain internal (employees) and external customers.
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OPTIMIZING YOUR ONBOARDING OPPPORTUNITY?
For most organizations, there are untapped opportunities in their Onboarding process. If you think something's missing from your process and you'd like a phone consultation---at no charge---email Joyce Gioia (joy-yah) at joyce@hermangroup.com.
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GOOD SELECTION = BETTER RETENTION
If you are not using pre-employment assessments, you are flying without radar---not very smart in today's highly competitive environment. Let us help you better understand your candidates and your employees. In less than 30 minutes, you will know if they can do the job (abilities); their work behaviors, even their personality and attitudes (like integrity & ethics), and those can't be trained. It's very cost effective, too! For more information, contact Joyce at 336-210-3548 or e-mail assessments@hermangroup.com.
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FIND OUT WHAT YOUR EMPLOYEES REALLY THINK AND FEEL
Discover what’s really going on in the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-416-7066, or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html
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Looking Forward. . .
Joyce L. Gioia
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December 1, 2010
Very recently, Loyalty 360, The Loyalty Marketers' Association in Cincinnati, Ohio issued its 2011 list of key trends. In this Herman Trend Alert, we highlight four we believe will be most important for the coming year.
"Loyalty will focus more on emotions than on rational, incentive-based initiatives." According to behavioral economists, economic decision-making is 70 percent emotional and 30 percent rational. Thus, the loyalty programs that touch us emotionally will work the best; those that focus on the emotional side of the decision making process will create connected, passionate, and engaged customers. Expect to see more emotional appeals that involve our families, relationships, those in need, etc.
"Companies will increasingly look at how customer engagement and employee engagement [can] work together to drive bottom line results." In 2009, we wrote about a Gallup study that quantified the impact of customer and employee engagement. The study found the companies in the upper half on both customer- and employee- engagement get a 240 percent increase in bottom-line results. Marketers know it pays to invest in employee engagement!
"Marketers will integrate social gaming into their loyalty initiatives." Social gaming has become a pervasive activity across practically all generations. AllFacebook.com reports there are now 200 million people playing games on Facebook every month. Moreover, 24 of the games have more than 10 million users each per month. The level of consumer participation that can be achieved through gaming greatly exceeds what professionals may expect from traditional incentive-based marketing, especially.
And as if that weren't enough, this sought-after participation builds lasting relationships, engagement, brand affinity, and brand loyalty.
"Cause-related marketing/corporate social responsibility (CSR) programs that are aligned with strategic corporate goals will effectively drive loyalty --- especially with Millennials." According to a recent survey social and environmental causes had a significantly greater influence on the purchase decisions of Millennials than other generations. Marketers looking to win the hearts and minds of 18- to 34-year-olds’ will begin with social and green issues; 85 percent of Millennials said they would switch brands because of this kind of marketing and 73 percent said they would try a new brand.
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Looking Forward. . .
Joyce L. Gioia
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