If you’ve had the chance to read up on the future of the workforce both domestically and globally, you’re no doubt aware that we are facing a significant shortage of critical skills across nearly all industries. A substantial subset of this trend is the lack of leadership development or succession planning currently in place to groom the next generation of executives.
Companies lose millions of dollars a year because of employee disengagement. Your company does NOT have to be one of them. Disengaged employees and a high turnover rate, impact your business' productivity, level of innovation, and ultimately the bottom line. The American Society for Training & Development (ASTD) has published a study exploring how workplace learning affects employee engagement levels with the following data:
Every relationship involves a honeymoon/infatuation stage. Although we most often think of the notion of ‘honeymoon’ in regard to romantic relationships, the concept also applies to the workplace. After all, new employees experience a honeymoon phase.
Here’s a little story*. Recently, we hired Elizabeth. After the manager Paul made the offer, HR called Elizabeth to arrange her orientation, being very careful to consult Paul because, as always, we want and need the manager to participate throughout the onboarding process.
It's Monday morning, and our well intended applicant, dedicated to self-improvement and great interview results, is back from a conference where she attended a training session. This session was touted as a must attend event where one could learn all they needed to become a successful interviewee. People who had attended sessions delivered by this trainer raved about how great it.
As you think about how to tackle the problem, my first bit of advice is to understand all the factors that got us to this point. There are many issues to consider, from the Great Recession and multiple generations in the workforce, to the rise of social media and employee engagement.