01 Jun

Are Your Recruiting Efforts Just Like Everyone Else’s

Recruiting today’s workforce has challenges few have experienced before. Businesses claim they are doing all they can to recruit in these very competitive times.  All of them are doing the same.  Those who dare to be different can not only win the battle for talent today but also win the long term battle for talent.  It requires business leaders to get outside their comfort zones, open their minds and consider other methods with lasting effect.  In short, it requires new ways of thinking.  Recruiting is hard because you are doing the same thing as everyone else.

What more can you do?

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04 May

Is M&A Activity Dead

I come from an M&A background.  It was fun, exciting and challenging.  I have participated from due diligence through Post Acquisition Integration in over 75 M&A transactions.  I understand the emotions that are vested in it.  I read recently that M&A activity had peaked, that it was declining.  The new focus for CEO’s was not on M&A but on “organic growth driven by market expansion, increasing revenues, operational improvement, and innovation.”  That change in focus may not be new for many small to midsized Business owners, but it does reflect a significant change in strategy for those hoping to sell their businesses to fund their retirement.  Even when M&A was going well, the Exit Planning Institute was reporting that 80% of businesses that entered the market did not sell.  With M&A activity declining, it is obvious that even more businesses will not sell.

So now what?

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27 Apr

Technology Will Change Work and Your Business

Recently I wrote an article titled, The Future of Work – Are you Ready, where I discussed the impact of technology on jobs, the workplace and how work would be accomplished in the future.  An important statement in that article was “…nearly two-thirds of all jobs could have a significant part – at least 30% – of their activities automated by 2030.” and “ … about half of all work activities globally have the technical potential to be automated by adapting currently demonstrated technologies…”   In other words, rapid advances in technology will not only change how work is done; it will change jobs and change the skills needed to perform those jobs.  If that isn’t eye-opening enough for you consider a Dell Study that states “85% of the jobs that will be available in 2030 are not available today.”

What exactly does this mean to you?

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30 Mar

The Future of Work – Are You Ready

Work is changing, and for many, the future will eliminate the work they do today.  A recent report by the McKinsey Global Institute concluded that nearly two-thirds of all jobs could have a significant part – at least 30% – of their activities automated by 2030.  That could affect 800 million roles, it said.  Further, “… about half of all work activities globally have the technical potential to be automated by adapting currently demonstrated technologies…”  This has a significant impact on the future of business and on the future of the workforce.  If you are a Business owner or Leader, preparing for this inevitable change should be a big part of your strategic planning.   The year 2030, the endpoint of this study, isn’t far away.

What will you do?

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23 Mar

Does Strategic Workforce Planning Add Significant Value?

What is the value of good Strategic Workforce Planning or SWP?  If done well, good SWP ensures that the workforce has truly contributed to the business’s bottom line.  More specifically, good SWP measures how well the workforce contributed to the business strategy and it accepts (embraces) that business outcomes are significantly driven by workforce performance.

Many businesses still treat their workforce like a cost that needs to be managed and controlled.

Why?

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