Do you ever feel like you are just going through the motions? Not getting as much done as you would like? Many people feel the same way you do. Between the stress of work, lack of sleep, and our busy lifestyles, many people spend a large portion of their day checked-out, not focused on the task at hand.
From an organizational standpoint, this does not bode well for productivity, efficiency, and ROI. Research shows that people spend close to 47% of their day thinking about something other than what they are actually doing. Read more
In 2016, the workplace will continue its trend toward decentralization with greater emphasis in flexibility, new leadership and work-life balance. While many of the trends expected to emerge in the coming year are already in practice, next year they will move to the forefront and begin to radically change operation within the workplace.
To keep you on the cusp of workplace trends and how things are evolving, our executive search team has put together a list of what you might expect to see in the workplace in 2016:
The idea is not a new one. Different perspectives result in new solutions. In business terms, a diverse workforce is better equipped to gain a competitive edge. Recent research confirms the correlation between diversity and financial performance. Diversity in the workforce helps to attract and retain new talent; heightens productivity through a wide-range of available talents; enriches problem solving and creativity; enhances communication and helps to build synergy in teams; all while increasing market share and creating a satisfied, diverse customer base. All of which equate to increased returns.
There is much debate around whether entrepreneurs should eventually step down and hand the helm of their business over to a “professional” CEO. The tech sector, specifically, has sparked many arguments over the decision to bring in an outside chief executive officer.
Focus has recently fallen on exceptional success stories of first-time founder CEOs like Bill Gates, Mark Zuckerberg and the late Steve Jobs. Yet, traditional evidence has shown “bringing in an outside CEO can pay off financially and, more importantly, in terms of overall scale and impact of the company.”
Most leaders understand that on-paper qualifications and IQ aren’t necessarily directly correlated to predicting job performance. In order to ensure your organization is hiring the right candidates and helping them succeed, executives need to consider softer skills such as organizational fit, emotional intelligence and willingness to learn.
In his Talk at Google, psychologist Daniel Goleman identifies cognitive control – the ability for individuals to control their focus and attention – as another critical factor for employee success.
The ability to understand and leverage technology is a critical success factor for most businesses and industries today. Technology is integral and a necessity. Organizations that are technology laggards or shy away from the requisite investment often pay for it through poor business performance. If embracing technology is a do-or-die proposition, then managing technology talent becomes incredibly important.
According to a recent report by PayScale, the turnover rate for employees in the IT industry is the highest among all industries surveyed.
In order to retain top talent in today’s competitive environment, leaders must generate high employee engagement and commitment to company success – especially at a time when turnover is reaching new peaks.
Whether your organization is looking inward to retain thought leaders or outward to recruit new talent, it’s important managers understand how to create and sustain empowerment for current or prospective employees.
Four tips to help make your organization create a culture of empowerment where employees feel motivated, and encouraged, to make decisions and take responsibility:
At Four Corners Group, we conduct search assignments in virtually every functional area and industry sector across Canada. It is essential for our recruitment team to stay up-to-date with the latest trends and technologies that are driving the transformations in today’s business landscape. We must be able to predict how a company is going to look five years from now, so we can help talent management anticipate business demand and hire accordingly.
The BYOD – “Bring Your Own Device” trend is one of many movements we have been observing lately, and we are not surprised to learn the financial and healthcare industries are leading this charge. Ninety percent of financial organizations and 85 percent of healthcare organizations support use of personal mobile devices at work.
Canada is one of the richest economies in the world, yet our workforce falls behind many developed nations in terms of generating rewards for employee efforts.
Productivity of labour in Canada has fallen notoriously short of standards set by the U.S. economy. According to a recent study by the Institute for Competitiveness and Prosperity, “For each hour we work in Canada, we generate less value from our efforts than our counterparts in the United States. This prosperity gap is a productivity gap, and the productivity gap is an innovation gap.”
When it comes to creating economic value per hour worked, Canada appears to be dragging its feet.
In the field of executive search, we’re always thinking about the future. We’re constantly reminding our clients that the key to success is to foresee change before it occurs. This is why many of our clients are looking to hire for skill sets that don’t exist yet. Businesses are evolving at a rapid rate – and it’s not only influencing hiring practices; the way we work is also changing.
In his Ted Talk, Jason Fried expresses a radical theory of working: that it rarely happens at the office.