Latest Posts in Strategy and Operations
Succession planning means different things to different people, but the most common theme among all the definitions that exist is that it involves making sure your business is prepared for the future. There are different types of succession planning, each of which depend on your type of business and your businesses’ specific situation.
If I told you that an intentionally planned culture has the power to align your organization’s people, processes, and workplace, wouldn’t you want to learn more? I thought so – keep reading! Culture is a buzzword that isn’t going away anytime soon.
Training and staff development are investments, but how can we be sure we are getting the most out of the time and money we spend on training? According to the Harvard Business Review, last year the average employee received about $1,000 in training. For a 500-person company, that ends up being half a million dollars! With that type of investment, It’s important to be sure the training programs are truly effective. So, how can you measure effectiveness?
“They’re lazy. They don’t want to work like we did and they want so much accommodation. It’s like everything is a free-for-all. You can’t even count on them to show up on time. It’s hard to believe how much support and attention they want. I just can’t work with them.” Oh, I’m sorry. Did you think that was a quote about millennials?
There are many companies who stand out when it comes to employer branding. Those who deliver a dynamic, consistent experience to employees are more likely to develop and benefit from a strong employer brand. Organizations with a well-established and respected employer brand will find it easier to both attract and retain top talent. Representatives from EDSI had the pleasure of meeting an employer branding standout – Barton Malow – at the Metro Detroit 101 Best & Brightest awards ceremony.
You’re standing in an art gallery filled with paintings. What draws your eye toward a particular canvas? It might be the vibrant colors or the naturistic scene … but something makes it stand out, right? Believe it or not, it’s similar for talent acquisition – you must find your own unique way to stand out if you want to be noticed by the best job candidates.
If there is one key word to pull from the Workforce Innovation and Opportunity Act of 2014 (WIOA), it is collaboration. WIOA has created a unique and exciting opportunity for collaboration at the state level between local workforce and economic development agencies. The law requires states to submit plans outlining how they will collaborate with partners, including economic development agencies. But, doesn’t this call for collaboration seem like a no-brainer?
Corporate culture. It’s like a magnetic force that pulls talent toward your organization. Is your pull strong or weak? In all seriousness, though, it’s a hot topic in the war for talent. Economists note that when the economy is thriving, employees have more bargaining power, which leads to more competition in the job market. Because of this, many companies must take a closer look at their culture as a primary way to attract and retain employees.
Did you know that the Workforce Innovation and Opportunity Act (WIOA) requires Workforce Development Boards (WDBs) to partner with Economic Development Organizations (EDOs)? The benefit of this partnership reaches far and wide. By working with EDOs, Local Workforce Development Boards (LWDBs) will be able to identify new services, align resources and deliver training service offerings which meet the needs of employers.