Saturday, May 30, 2020

What Does the Future of World-Class Leadership Look Like

What Does the Future of World-Class Leadership Look Like Talk to anyone in business and it won’t be long before someone comments on the pace of change â€" whether it’s political, technological or people’s changing expectations of work. However, the big question we wanted to ask, was whether the old models of leadership skills and roles are fit for purpose in this ever-changing world, or do we need a new type of leader for the future? To find out, we carried out in-depth interviews with more than 20 board-level executives and directors across private, listed and private equity-backed businesses, with turnovers ranging from less than £20m to more than £1bn. What we discovered was truly fascinating, and we’ve published the findings in a research report, titled ‘The World Class Leader Report’. The report reveals what world-class leadership looks like and what will be required of future global leaders. It’s been hugely popular and the report’s findings now underpin our executive assessment methods and inform our innovative, tailored approach to seeking leadership candidates overseas and in the UK. ‘The World Class Leader Report’ is now available as a free download on our website, along with a newly launched infographic that offers a summary of its key discoveries. Whilst it’s a given that world-class leaders will inspire those they work with, we looked at how the best global leaders engage, communicate and influence. Our research also digs deep into how future leaders can be identified and developed as well as recognizing the traits the best world-class leaders possess. We’ve been able to divide these into six core areas which include:- (1) Emotional intelligence (2) Absorption and commercialization of ideas (3) Listening (4) Clarity in execution of vision (5) Valuing social responsibility (6) Understanding existing and future generations It soon became clear that the old models of leadership have been edged out of the boardroom. Instead, today’s most successful leaders need to be self-aware and have excellent clarity of thinking in order to understand themselves and others. They must have strong emotional intelligence as well as genuinely living and breathing the core values of corporate social responsibility. Importantly, they must listen to their teams and peers from across all industry sectors, in order to maximize opportunities. Good listeners who network extensively grasp new ideas quickly and great communicators can implement visions effectively. The emotional side of leadership will continue to grow in importance â€" some of the best ideas will evolve from the bottom up â€" and it takes a leader that can listen, place value on new ideas, evaluate and accept elements of risk, whilst using their own experience to commercialize them. We also found that technology, and the ability to embrace it, is another vital quality that leaders need. World-class leaders must relish what the younger, digitally engaged, generation brings to a business. It’s not something that can simply be delegated, the best future leaders will be open-minded to new digital and technological solutions, but crucially, understand them too. However, ‘The World Class Leader Report’ suggests that successful implementation of the latest technological advancements can be a challenge for many older business leaders. From automation to Artificial Intelligence (AI), right through to embracing digital marketing and social media opportunities, we found that many business leaders lack the skills to implement future technology solutions. Generally, it seems that smaller businesses and those with younger CEOs and dedicated technology teams, are savvier and adopt a more connected approach to absorbing and implementing new technologies. The research showed that CEOs who are in the latter stages of their working careers, typically struggle more to fully understand how new technological advancements can benefit their business, but this, in turn, presents an opportunity for the best leaders to find new ways to tackle the problem. Great leaders appreciate that they don’t know it all, they must be hungry to keep learning and emotionally intelligent enough to understand that other people will only share their ideas if there is a real open platform to do so â€" and this is something that has to come from the top. The best leaders must engage with all their employees, industry associates, and professionals from the wider business environment, and really listen to them, if they want to see the long-term value and commercial success. About the author: Jason Saunders is a co-founder and managing partner at the global executive search and leadership consulting specialist, TS Grale. The Leeds headquartered company provides leadership consultancy, executive search and advisory services across industrial, consumer, engineered products, materials handling, construction, facilities management, and life sciences sectors in the UK, Europe, and North America.

Tuesday, May 26, 2020

Why Dont American Employees Take Vacation

Why Don’t American Employees Take Vacation When was the last time you took a vacation? Has it been a while? Have you ever cancelled or postponed vacation time due to work? If so, you’re not alone. According to research from Project: Time Off, 55 percent of Americans didn’t use all of their vacation time in 2015, resulting in a total of 658 million unused paid vacation days per year. Expedia’s 2016 Vacation Deprivation Study determined that the average American worker earns 15 vacation days per year, of which they only take 12. This is a stark contrast to workers in Spain, France, Finland, Brazil and the United Arab Emirates who earn 30 days of paid vacation annually, of which they take all 30. Add to the fact that the U.S. is the only industrialized country in the world that has no legally mandated annual leave, and one of the few with no maximum work week length. With 85.8 percent of males and 66.5 percent of females working more than 40 hours a week, the U.S. is one of the most overworked nations in the world. What Is the Reason? Despite establishing that most Americans need a vacation, why are so many relinquishing their time off? Project: Time Off reported that 37 percent of employees were too afraid of getting behind in their work, 35 percent said no one else could do their job, and 33 percent couldn’t afford a vacation. Additionally, 58 percent reported a lack of support from their boss, and 53 percent reported a lack of support from coworkers. In a similar survey by Glassdoor, 17 percent of employees gave up vacation time out of fear of losing their job, 19 percent hoped it would increase their chances for a promotion, and 13 percent wanted to outperform coworkers. Other less-obvious reasons for lost vacation time can be identified, such as the decline of the union, leading to less protection for workers’ rights. Also, recent outsourcing of U.S. jobs to countries with cheaper labor such as Mexico, India and China prompt American workers to want to work that much harder in order to be productive. Finally, with job tenure being significantly shorter than in previous years and employers laying off workers more frequently, this can be an incentive to employees to work harder in order to retain their job as opposed to risking termination by not keeping pace with work colleagues or industry standards. What Are the Results? The most obvious side effect resulting from overwork and a lack of time off is job burnout. Long hours and heavy workloads can lead to a number of health problems including depression, anxiety, weight gain and high blood pressure. In addition, burnout can lead to sleeplessness, irritability, alcohol or substance abuse and a sense of apathy or contempt by employees for their job or employer, having significant negative effects on their quality of work or work output. If not remedied, the effects of burnout can be irreversible. Another result of excessive work habits is diminished productivity, a direct contrast from its intended result. According to an article by Evan Robinson entitled “Why Crunch Modes Doesn’t Work: Six Lessons,” productivity is maximized when employees work a five-day, 40-hour workweek. When hours are extended, productivity begins to drop immediately, and continues to drop until, at approximately eight 60-hour weeks, the total work output equals that of eight 40-hour weeks. Regarding the short-term, Robinson equates working more than 21 hours continuously to being legally intoxicated. Longer periods of continuous work, such as months or even years without a break, drastically reduce cognitive function and increase the chance of employee error. Finally, employees who choose to surrender their vacation days may actually have a negative effect on the economy. When a person takes a vacation, they spend money on airfare, or extra money on gas to drive to their destination. They book hotel rooms, eat in restaurants, visit museums or theme parks, and support the travel, hospitality and tourism industry in a number of ways. By staying home and working, that support doesn’t exist. While one person’s decision to cancel his or her vacation is insignificant, consider the number it takes to add up to 658 million unused vacation days per year. This can be a considerable hit to the economy, and increasing unused vacation days only add to the problem. Despite the belief that longer work hours yield more reward, there is evidence to the contrary. Project: Time Off found that employees who took 10 or fewer days of vacation time were less likely to have received a raise or bonus in the last three years than those who took 11 days or more. One could argue that this is because prolonged periods of work without a break are counterproductive. However, another reason could be that employers or managers who discourage employees from taking time off are less likely to award pay increases. Regardless, employees are far more likely to burn out from overwork than to benefit from it. The moral of the story: take your vacation time. You’ve earned it, and the break will do you good!

Saturday, May 23, 2020

Making Money In Your Sleep The Importance of Creating Passive Income

Making Money In Your Sleep The Importance of Creating Passive Income By, Dawn Yerger As a mother and a business woman working for herself, Ive always been fascinated with people who make money every minute of the day, including when they are fast asleep. Sounds pretty nice doesnt it? Since I am an entrepreneur and business professional coach, I enjoy helping my clients create more freedom in their lives. One of the ways that I do this is by helping them to create passive income that displays their talents and expertise. Ive found that one of the main reasons that people start their own enterprises is to enjoy a stress free lifestyle instead of being tied to a desk all day. Unfortunately, even after they have started their own businesses, they find themselves working long hours, sometimes even longer than they did when they were working for someone else. Now, I cant promise that youll become a millionaire overnight, but it will be mighty nice to have an extra stream of income or two coming in. Here are four autopilot business strategies that operate so well, that you do not have to lift a finger (accept to click your mouse to check your bank account balance). 1. Create digital products on subjects that youre passionate about. This is the information age, and people love to get their hands on e-books, recordings, and teleseminar programs that will give them more knowledge on subjects that they want to learn more about, especially if it tells them how to make more money (I will explore this in more detail in next weeks article How to Create Digital Products). 2. Get a virtual shopping cart. 1ShoppingCart.com, PayPal, and CartVille.com are all good options to allow customers to immediately purchase and download your products, day or night. 3. Hire a virtual assistant to handle customer service and inquiries. Check out The International Virtual Assistants Association (www.ivaa.org) or LongerDays.com (which even gives you a free trial!) to find a suitable virtual assistant for your business. 4. Put your communication with your customers and clients on autopilot. Create email messages and e-newsletters about your products and services and schedule them to go out whenever you want, including days or even weeks in advance.

Tuesday, May 19, 2020

Does Travelling Impact Your Career - Classy Career Girl

Does Travelling Impact Your Career So, you finished your education and are ready to move into the professional  world? Maybe you’ve decided what you want your career to be or maybe you want to dabble in a few paths and decide which is best. I encourage you to consider travelling as a way to enrich your life experiences and learn very applicable skills along the way. Transferable skills you gain from travelling  include: 1. Adaptability Travelling is often fraught with the unexpected. Delays, social awkwardness, getting lost, schedule changes, etc. Sometimes these situations force you to think of coping strategies to get through an obstacle. When there is no electricity in the local villages, you are forced to become resourceful about conserving power or preparing food. Travel gives you experiences that help you think outside the box and become more resourceful. Those qualities are certain to be appreciated in the workplace or if you are growing your own business. 2. Budgeting Traveling is expensive, to put it bluntly. For the first time, you may have to consciously think about how much everything costs, including transportation and the food you eat. You also might have to pay large sums to travel  between major distances. With limited resources, you will be  forced to learn the difference between a necessity and luxury. This travel abroad budget will set your foundation for your  personal finances  when you settle into your career. 3. Cross-Cultural Appreciation The workplace is increasingly globalized nowadays. Whether you are a call center employee or the CEO, you may  find yourself in the U.S. interacting and collaborating with coworkers in China. Travel experiences teach cultural understanding and sensitivity, which are vital when working in today’s very global market. A plus side to travel is that employers will be impressed at any travel experience you have and this can set you apart from a large candidate pool. 4. Problem Solving Whenever I am on the road, I have a tendency to think about my problems in a more light-hearted way. This is because I  observe how others handle situations and execute solutions in various cultures.  Watching others approach issues and problems internationally often  gives me an idea of  a solution to implement that I may not have thought about previously. Furthermore, the time away from work allows you to get refreshed and clear your head, so you may think of ideas that didnt  originally crossed your path. Every time I take a trip, I return home with new ideas to solve the problems that I have as an  Autistic person travelling. So, I beg of you, try and take a trip somewhere you’ve never been. Even if your budget is small, you can surely take a trip to a neighboring town for a day. No matter how small or big a travel experience is, there is always something to take away. Even better, you will be more confident facing your future employment prospects! And if you are already integrated successfully into your chosen career, spending your free time traveling as much as you can won’t hurt you either. All of the benefits mentioned above can help you bring new ideas to your position as well. Let us not forget relaxation is important, and travel does just that. Have any more travelling benefits to add below? Feel free to comment!

Saturday, May 16, 2020

Learning the Nursing Resume Skills

Learning the Nursing Resume SkillsOne of the most important components in nursing career is the nursing resume. The nursing resume, or the application for the job, is the main tool for picking up the best nurses who have come out of the right training programs. This will also help you determine the accuracy of the application so that it helps you pick the right candidates and this in turn helps you get the right job.When looking at the different qualities of a nurse that will ensure that the right nursing graduates are placed in the right nursing positions, there are several things that you need to look into. These will all be included in the nursing resume and the application. These include your educational background and your work experience.Education background - In many cases, the school that you attended, especially if you have taken any advanced degrees, will be used as a reference for your education background. However, this is not always the case, in fact it is best to check with your school and see what the requirements are. Many schools require a lot of experience before they will consider anyone with a lower education background. Although it can take a little longer, it is better to go to a more prestigious school that will allow for your higher education background.Work experience - This one can be tricky since many times you will find people with an impressive amount of work experience, but their education background will show that they were simply not prepared to become a nurse. This can easily be avoided by only getting certifications and college diplomas if necessary. Make sure to mention what you completed and what you did. What you have done in the past will show what you are capable of doing and not what you are not capable of doing. If you have been through some good and bad experiences as a nurse, this will show the employer what you have already experienced and will help to improve your nursing resume skills.When checking your education ba ckground, it is best to check what your certification includes, the different certifications that you have and where you have earned them. Many times if you have not gotten enough certifications, this may not be an option for you so it is best to list all of the certifications you have earned and state the dates you have earned them so that employers will see that you are serious about your education and that you took the time to research every single thing that you needed to know to be a nurse.Many people end up in the health care industry because they are just in the right place at the right time. A big factor to take into consideration is whether or not you know how to apply for the right jobs.While knowing your resume skills may help to guide you through some of these situations, you have to also take into consideration that not everyone will be able to handle these types of situations and be able to use the skills you are using to improve your career. This means that you need t o be able to think on your feet. You need to be able to adjust and change as the situation requires it.Nursing resume skills are not easy to learn but you do not have to be a rocket scientist to understand that. However, as you practice, you will notice that the skill is actually something that you do automatically without any real thought and is something that you can learn, thus improving your career.

Wednesday, May 13, 2020

Where Recruiters Look First When Reviewing Your Resume

Where Recruiters Look First When Reviewing Your Resume Where Recruiters Look First When Reviewing Your Resume You probably already know that recruiters don’t spend much time reviewing each resume. Hiring managers don’t either. So by all accounts your need to get their attention fast. The often referred to study done by The Ladders found recruiters reviewed resumes for 6 seconds before making a decision. When I was recruiting I spent more than 6 seconds reviewing candidate resumes before making a decision whether or not to contact them for an interview. The recruiters I know spend more than 6 seconds too. But, they don’t have all day either. Recruiters with several open positions are under certain time constraints. Still, what I find most interesting about The Ladders’ study, which used a technique called “eye tracking” to examine recruiter’s eyes as they viewed resumes, is where recruiters looked during those 6 seconds. The study found recruiters spent almost 80% of their time reviewing 6 areas. Name Current title/company Previous title/company Previous position start and end dates Current position start and end dates Education Beyond these 6 areas, the study found recruiters scanned the resumes for key words that matched the open position. (Click here for an illustration.) The most obvious take-away from The Ladders study is that you need to get the reader’s attention fast. But, there are other things as well. Employers are most interested in your current and previous position. Much as it may pain you, the jobs you held 10+ years ago are not that relevant to most employers. The time spent at each position does count. While changing jobs every couple of years is no longer frowned upon by some employers, to some it’s still seen as a negative. Your resume needs to be easy to read. Heavy text and problematic fonts make it difficult for readers to scan your resume for information. While recruiters, hiring managers, and HR professionals will likely give your resume more than a cursory glance, you do need to engage them quickly. Make sure information is easy to find on your resume. Focus on your most recent positions, because that’s what employer’s care about the most.

Friday, May 8, 2020

Invest in Yourself to Achieve Career Development

Invest in Yourself to Achieve Career Development Heres Your Big Opportunity Many people think the “opportunities” that come along in their career are the big hits: How does a great new job offer at a trendy company sound? What about a promotion at work? Wouldn’t a big raise or a high-profile assignment make your day? How about running point on a new project instead of just being support? Or an opportunity to work abroad? Heres Your Big Opportunity If I said that one of these opportunities would be awarded in 2 weeks, what would you do differently during those 14 days? You would probably jump into action and start going the extra mile at work, or you would polish your resume and practice interviews, or you would try learning some skills you’ve needed. What if, instead, you find out the person to receive the opportunity has already been chosen? Now what do you do? Would you look back at the past few weeks and months and see the things you should have done? Now is the Time Many people wait until they know about the opportunity before they start aiming for it and working towards it. When it passes them by, they just say, “Maybe next time.” and they fall back into their previous routine. Here’s the thing: you KNOW that another opportunity is coming. You aren’t sure when but you know it is coming. So if you know it is coming why not start jumping into action now? Stock Market Rises 3% in One Day Landing a great career opportunity takes lots of preparation long before you can capitalize on a big opportunity. Here’s an analogy. When the stock market jumps up 3% in one week, you aren’t able to go back in time to capture that investment opportunity. You needed to prepare; you needed to already have your money invested. You should have invested every month for the past few years â€" then your money would have been in the market for the big jump. Invest in Developing Your Career Each Day In the same way, you need to invest in your career a little bit every day so that when a big opportunity comes along you are already prepared. In the world of career coaching, we call this “career development”. Career Development clients identify the opportunities they want to happen. Then they go about determining how to get that opportunity. Is it learning a new set of skills? Is it moving to a different company? Is it revising your resume and changing your brand? You can’t do those things effectively in 2 weeks but you can do a lot in 6 months, 1 year and even more in 2 years. Your career may last for decades so don’t just react to opportunities. Instead, set your goals, make the necessary changes and keep your eyes peeled for the right opportunity. When you see it, the work will be done and the opportunity will be yours!