Professional Documents
Culture Documents
OR P
FO RC S 8
KF AGE
CU E A TO
O
S O NA 13
N LYT
IC
S
HELPING YOU MEET THE CHALLENGES IN YOUR BUSINESS RIGHT NOW VOL.7, NO.1
WHY HR NEEDS
TO ADOPT
METRICS AND
PREDICTIVE
ANALYTICS
the boards role in
talent management
Our suite of Talent Management Solutions has been created to drive organizational effectiveness, improve business, and
enhance your bottom line.
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2 Drake Business Review
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V o l u msolutions@drakeintl.co.za
the boards role in
8 FOCUS ON
WORKFORCE
30 talent management
Prof. Sattar Bawany
ANALYTICS
why hr needs to 42 what do great ceos do?
adopt metrics and Roger M. Ingbretsen
predictive analysis
Dr. John Sullivan & Drake International
DESIGNED BY
Do You Really Know What Your Employees Think? 14
Yeen Yong
Drake International
Using
Workforce Analytics
to
Drive Strategic
Business Decisions
W
orkforce analytics are playing make the right decisions and changes. workforce analytics overall and as more
an increasingly important role There is no doubt that, unlike finance companies are buying in. A survey con-
for business executives as they or procurement, HR used to lag behind ducted by the research firm Bersin by
highlight human capital issues that could in using analytics to understand and Deloitte found that more than 60% of
negatively affect the overall business maximize the value of its workforce. This organizations are increasing their invest-
strategy. Armed with this in-depth know- is rapidly changing, as more studies are ment in talent analytics.
ledge and intelligence, they can then being conducted on the effectiveness of
Dr. John Sullivan, Professor of Management, Drakes foundation is built upon the
San Francisco State University in the US,
also stated in his informative article in this
principle of Productivity Improvement
+ Performance Improvement = Profit
Engagement
issue,Why HR needs to adopt metrics and Improvement. When it comes to talent surveys play a
predictive analytics, that the advanced management, Prof. Sattar Bawany states
firms that most effectively managed their in his article The boards role in talent critical role in
workforce by using analytics improved
their firms profit by as much as 65%. This
management that a boards oversight re-
sponsibility is well understood in the areas
examining the
figure from a 2013 study by the Harvard
Business Review group is a profit improve-
of risk governance, ethics, and corporate
responsibility, but less often mentioned
health of an
ment figure that is difficult to ignore. with regard to talent. Yet talent is an in- organization.
trinsic part of the risk culture of an organi-
zation. How often does your board discuss
and strategize talent management? Prof. How a company manages and monitors
More than Bawanys thought-provoking article, start- its talent and its business overall contin-
ing on page 30, stresses the key role boards ues to undergo tremendous change. This
60% of play in ensuring that talent strategies are is understandable when you consider the
in place. Its an important read. ongoing advancements in technology
organizations and the challenges of a global economy.
When it comes to your people and espe- CEOs and business executives must keep
are increasing cially your top performers, do you know looking at ways to reduce costs, increase
what they think about your company profits, and keep their competitive edge,
their and what issues are concerning them? while also hiring effectively and retaining
Do you know if they are fully engaged or and engaging their staff.
investment in looking to leave? You track revenue and
other business measures, but do you track From back-end office processes to HR-
talent analytics. the attitudes and behaviours that drive related functions, increasingly more com-
those metrics? When was the last time panies are adopting business process and
you asked? Engagement surveys play a HR outsourcing as a way to achieve these
critical role in examining the health of objectives. When a specialist provider has
The question the HR corporate talent
an organization and guiding what needs the economies of scale to provide lower
function has to ask itself is: What is the
to be done for improvement. costs, better quality, and more flexibil-
value of our workforce to our organiza-
ity than an in-house function, it is wise
tions bottom line? This is a key reason
Prof. Bawany states that talent is the to outsource that process. You can read
why workforce analytics has become
one thing that can distinguish a company more about The strategic benefits of
a critical tool in the decision-making
from its competitors. Without the right outsourcing and how it can help your
process. Having in-depth data about your
people to execute and deliver the or- organization on page 18.
workforce and connecting the critical
ganizations strategy and objectives at
data points throughout your company,
all levels, the business will fail to reach I started off my message by talking about
such as finance and business intelligence,
its full potential. The point is, if you dont Workforce Analytics, and its a perfect
empowers your entire business strategy.
know what concerns and issues are on place to close. Having the right analytic
the minds of your staff, you risk losing tools to obtain the intelligence needed to
For this reason, Drake International, driven
them. Your goal is to ensure your employ- drive business growth is crucial. Workforce
by client need and innovation, added
ees are motivated, feel vested in your or- Analytics provides business leaders visibil-
Drake Synergizer Workforce Analytics to
ganizations success, and will go the extra ity into HR/workforce data enabling them
its suite of Talent Management Solutions.
mile. Drakes online engagement survey to make the right decisions that impact
Customized for your organization, this
solution is an easy way to get qualitative their overall strategy and operational ef-
highly visual cloud-based solution pro-
data on employee attitudes that drive ficiency. Its no wonder more and more
vides real-time scenario modelling to
performance, indicating where you are companies are coming on board.
provide the insights you need into your
companys human capital investment. strong and which factors are holding your
Find out more information on the bene- company back. The article Do you really
fits of Drake Synergizer and what makes it know what your people think starting on
unique in our Workforce Analytics article page 14 provides valued input on the im-
on page 8. portant benefits of engagement surveys.
R. W. Pollock, Chairman
5
MANAGEMENT
T I P S
I
n tough economic times, retaining it like the top-notch company it needs to be.
average talent presents no problem: Set a clear strategy with specific key perfor-
People want a paycheque. But in good mance indicators for each person. Measure
times and bad, keeping truly gifted talent results and hold people accountable.
10
is an ongoing challenge. Finding the spe-
WAYS cialists that offer what you need poses
the first problem; keeping them in your
Establish trust as a two-way street. People
who dont trust their leaders lose their
TO KEEP doors, the second. motivation first and their desire to work for
the un-trusted leader next. Be consistent in
7
Focus on
WORKFORCE
ANALYTICS
why hr needs to adopt metrics
and predictive analysis
Dr. John Sullivan and Drake International
G
iven the importance of talent lytics solution provides HR departments point you can afford.
and people, its time to move with access to accurate, multidimen-
beyond instinct, gut, and tribal sional workforce analytics in real-time Drake Synergizers Workforce Analytics
wisdom in making workforce decisions. scenario modelling, generating powerful Dashboards help forward-thinking
If youre not using workforce data and insights into an organizations human leaders by transforming data into real
analytics to drive your talent decisions, capital investment. meaning to provide powerful insights
you may be behind the curve and at into the ROI of their human capital in-
risk of losing your competitive edge. As HR What makes Drake Synergizer unique is vestments. Deeper insight and action-
works with business leaders on the front our Workforce Analytics Dashboard that able business intelligence enables busi-
lines, analytics are becoming critical in brings static data to life and provides ness executives to make better decisions
making more effective decisions related to workforce details when and where you about their people.
workforce planning and recruitment, com- need them.
pensation, development programs, and
deploying critical talent.This excerpt from Our Dashboard is the only platform to
Human Capital Trends 2011 Revolution/ provide these benefits:
Evolution by Deloitte quickly captures why Drake Synergizer Workforce
workforce analytics matters. Predictive analysis Analytics provides your HR de-
partment with real-time scenario
Only about 4% of HR departments are Connect the critical data points through- modelling, generating powerful
using any form of predictive analyt- out your company finance, business insights into your organizations
ics today, said Josh Bersin of Bersin by intelligence, human resources, and more human capital investment.
Deloitte, a research and advisory services in a user-friendly way that everyone
firm. However, workforce analytics are can understand. To find out how Drake Synergizer
becoming an increasing focus for many can help you effectively calculate
organizations, and an executive survey by Human capital the ROI on your human capital in-
the firm found that more than 60% of vestments and connect the criti-
organizations are increasing their invest-
financial statements cal data points throughout your
ment in talent analytics. Measure your human capital ROI by inte- company, contact the Drake Talent
grating financials with key talent manage- Management Solutions team
ment metrics to quantify the bottom-line below. You can also click on Talent
Drakes work in impact of recruiting, training, productivity, Management Solutions when you
workforce analytics turnover, trend shifts, and more. visit drakeintl.com to learn more.
9
Dr. John Sullivan, Professor of Management at San Francisco State University, has written extensively on workforce analytics. Below he
shares his views on the importance of workforce/HR analytics.
A
2013 study by the Harvard Business To demonstrate your business impacts: To assess the effectiveness of new pro-
Review group found that the ad- Working with the CFOs office, it is pos- grams: All new talent programs should
vanced firms that most effectively sible to quantify the dollar impact that have goals and performance metrics so that
managed their workforce by using analyt- HR actions have on business goals. program leaders and executives can quickly
ics improved their firms profit by as much Quantifying the business impact in dollars see the effectiveness of new HR programs.
as 65%. A 2013 AMA/i4cp survey reviewed makes it easy to compare yours with those
the most frequent users of analytics and of other more visible business functions. To make the HR function more businesslike
metrics in the corporate world. Finance and results oriented: Because many other
was ranked #1 as the most frequent user To influence managers and executives: business units shifted to a data-based
of analytics and metrics. And the execu- Executives and managers are frequently decision model a long time ago, the use
tive team came in #2 because, along fanatical about numbers, so numbers of metrics makes HR more businesslike
with finance, they are at the forefront can be used to influence them and to and results oriented when it finally makes
of demanding more metrics and analyt- change their behaviour. As Google said, the shift.
ics from HR. HR itself ranked at the very The best thing about using data to in-
bottom, with only half of its functions fluence managers is its hard for them to To provide I know responses: To give ac-
being classified as advanced users of contest it. For most people, just knowing curate advice, the use of metrics enables
analytics. The remaining business func- that information causes them to change HR to use data to make informed decisions
tions operations, R&D, marketing and their conduct. and know what works and what doesnt.
sales all had a higher percentage of
advanced metrics users than HR. To reduce error rates: Because metrics To funnel resources into high business-
highlight errors, their use and distribution impact areas: Once HR knows the highest
will dramatically pinpoint the number of business-impact programs and the ones
major errors that have occurred and the that are not working, they can more ac-
Advanced firms that weak decisions made in the HR function, curately allocate their budget and staff
most effectively including bad hires, preventable turnover, to the areas where they can have the
and delayed termination. highest impact and ROI.
managed their
workforce using To get everyone focused on the right To speed up and increase the consistency
of talent decisions: By periodically gather-
things: Selecting what to measure and
analytics improved what not to measure lets everyone know ing and reporting metrics, HRs decision
their firms profit by what is important and what is not. making will be faster as well as more
consistent and accurate. And because
as much as 65%. To find out if existing HR approaches are most metrics are in electronic form, it will
working: Metrics can help HR leaders be much faster and easier for decision
see which of their existing programs and makers everywhere to have access to the
tools are working and which are not, so same data and information.
that they can stop using them or fix them.
Reasons for HR
corporate talent
function to embrace
metrics and a data- Because metrics highlight errors,
based decision model their use and distribution will
To improve business results and increase
dramatically pinpoint the number
profit: As noted in the survey, an organiza- of major errors that have occurred
tions profit can be dramatically improved
using workforce/HR analytics. and the weak decisions made.
3
To increase funding/executive support: analyze past and current data and reveal They alert you so you have time
Since CEOs love metrics, incorporating patterns and trends that may allow you to to prepare a plan: A fast-moving
them into HRs plans and proposals will accurately predict upcoming people man- world presents many opportuni-
increase the likelihood that they will get agement problems and opportunities. ties to be surprised by unpredicted
more executive support and funding. By events. Because predictive analytics are
reporting the ROI of individual talent To sell your leadership on switching to forward looking, they tell you what is
programs, HR will be able to compare predictive analytics, you can give them about to happen. And because managers
their effectiveness to those of other busi- these 11 reasons that make predictive are alerted in advance, they have time to
ness functions. analytics worth the extra effort. prepare a plan to mitigate the damages
or even avoid the upcoming problem al-
1
To enable HR to use the CFOs language They initially make you aware of together. They can also warn decision
and logic: Metrics forces those in HR to shifts in historical patterns: Forward- makers about upcoming positive talent
use the language of business (dollars and looking predictive metrics begin by opportunities like a period of reduced
numbers) and to present the information searching for patterns, so they can talent competition in the recruiting mar-
in a way thats consistent with the busi- let you know which historical patterns ketplace where you can fill your jobs with
ness presentations of other functions. will remain steady and which ones will top talent more easily. You will dramati-
no longer hold true. This information can cally decrease costs because you mitigate
inform decision makers that their current problems before they get out of hand.
HR programs may no longer work.
How to raise your
4
They provide the opportunity
HR metrics efforts to
2
They enable you to stop guessing to be strategic: Being strategic
the next level with about the future: HR leaders can implies being forward looking.
predictive analytics reduce off the top of my head So implementing predictive
guesses and instead routinely analytics can demonstrate to execu-
make informed decisions about what is tives that you are acting strategically by
While HR metrics reports on what hap-
likely to happen in the future. forecasting, assessing risk, and preparing
pened in the past, predictive analytics
11
8
for the future. Because strategic metrics when they read them. Actionable metrics They allow you to model different
are predictive, they make it more likely advise decision makers on the impact on approaches: Advanced analytics
that elements of the HR plan will be in- business with estimated costs of upcom- processes allow decision makers
tegrated into the strategic business plan. ing problems, the cost of doing nothing to develop models allowing
or delaying, and which actions have the them to test alternatives and vary con-
5
They enable you to understand why highest probability of completely solving straints and the assumptions to see how
shifts are happening: The best pre- the predicted problems. the results would change. Such models,
dictive analytics identify not only or what-if scenarios, can excite decision
7
which factors are changing but They reduce the time to respond makers, while helping them avoid major
also why they are changing, so decision to an executive query: Making errors because new approaches have been
makers can implement solutions that decisions quickly in a fast-moving mathematically simulated.
best fit the root cause of the problem. world is vital. Because most predic-
9
tive analytics approaches are electronic and They provide your company
6
They increase the odds that deci- more integrated and comprehensive than with a competitive advantage:
sion makers will act: Actionable traditional HR metrics, the time it takes to If your talent competitors dont
predictive analytics are designed get an answer to a decision makers query develop predictive analytics, the
specifically to increase executive may be reduced dramatically. predictions provided to your decision
action, as executives are more likely to act makers can give your firm significant
talent and business advantages.
10
They cover all critical talent hours per week to avoid health insur- decisions based on data, HR and talent
areas: Predictive metrics ance costs may have the unintended management can no longer be looked
can provide alerts in all consequence of significantly hamper- upon as a laggard in this critical business
important talent areas, ing recruitment and increasing turnover area. Instead of guessing, its time to know
including recruiting, retention, leader- problems in jobs that had no past history with reasonable certainty what is about
ship, performance management, and of recruiting or retention problems. to happen in talent management.
internal movement.
DBR
11
They make you aware of new
relationships in talent man-
Summary
agement: Predictive analytics Used with the permission of Dr. John Sullivan,
can reveal new relationships If you have been hesitating to completely Professor of Management, San Francisco State
between talent factors that did not exist implement traditional or predictive analyt- University and a thought leader on strategic talent
ics, their multiple benefits should convince management and human resource practice. For
in the past. For example, a policy shift more information, email Johns@sfu.edu or visit
requiring part-timers to work under 30 you that the time to act is now. In the busi-
www.drjohnsullivan.com
ness world where every function makes
Ask your leaders if they routinely measure Even when we calculate quality of hire, including prospects, applicants, candi-
the key metrics listed below that recruit- we dont use the information to improve dates, new hires, and hiring managers.
ing omits. You may be surprised to find recruiting: About 30% of firms measure
that many of the measures that are es- the quality of hire, but almost no one uses We provide only historical metrics and no
sential in other functions simply dont that data to better identify the factors predictive analytics: Every metric in re-
exist, or they only get lip service in re- that predict new hire success on the job. cruiting is historical, exclusively reporting
cruiting. Because so many other business what happened last month or last year.
functions already do them on a regular We dont calculate the ROI of the recruit- Other business functions have learned
basis, its hard to argue that the numer- ing function: ROI ($ of return compared to that to improve their decisions they need
ous omissions presented here are hard to $ spent) is the most commonly calculated real-time metrics that tell whats happen-
do. These are the measures that we dont metric throughout the business. However, ing today. To become forward looking,
bother to calculate in recruiting: because recruiting does not quantify its recruiting must also develop predictive
business impact, recruiting leaders can analytics to avoid surprises.
We dont measure the failure rate of only report the costs in isolation.
new hires: Even though the failure rate We dont calculate the unintended hidden
of the hiring process has been reported We dont quantify our overall business consequences of excessive cost cutting:
to be as high as 46%, recruiting functions impact in dollars: Every major business Most business leaders are experts in lim-
do not define process output failure or function calculates its overall yearly iting budget cuts to their function. Many
measure it. impact on key corporate goals like influence their business leaders by calcu-
revenue, profit, customer satisfaction, and lating the often partially hidden negative
We dont calculate the new hire success productivity. However, recruiting routinely consequences that follow excessive cost
rate, the quality of hire based on new hire fails to put a dollar value on its results. cutting. For example, business executives
performance on the job: Talent acquisi- may think theyre saving money when
tion rarely measures the actual percent- We do not continually measure user they cut the recruiting budget, but that
age of improvement in new hire perfor- satisfaction rates: Rarely does any cor- saving dissipates quickly if the lower level
mance compared to last years hires. porate recruiting function continually of training that saved $10,000 actually
measure satisfaction with the hiring resulted in hiring salespeople who sold
process among each group of its users, $20,000 a month less.
13
Do You Really Know
What Your Employees Think?
B
ecause employees have a huge An enterprise survey is a structured Employee engagement is a central goal
impact on the bottom line, compa- process in which staff can openly discuss of a smart company that understands
nies need to ensure their workforce their opinions of the organization without that it is only as good as its employees
is engaged and committed. Numerous fear of reprisal. They can review key areas and that there is great value in knowing
studies have linked employee loyalty, cus- that the organization has deemed im- their opinions, drivers, and behaviours.
tomer loyalty, and financial results with portant (e.g., culture, company strategy, Numerous studies have established
one another. Employee dissatisfaction career development, reward systems, that a moderate increase in employee
leads to lower productivity and higher training, onboarding, orientation, and engagement can garner huge returns for
turnover, having a significant impact on customer service) and provide input and a company. Being aware of what employ-
organizational performance. Therefore, ideas on what is working well and what ees are saying about their work experi-
anything that can reduce the investment is not. The aim is to present staff with a ence provides insight into a companys
of time and money currently channeled method that encourages them to give key issues and makes available crucial
into sourcing, hiring, and training new honest answers on a variety of topics information that can be positively applied
employees is beneficial. in a manner that they find comfortable. to the future.
It isolates the root causes of such con- key constituents. You must also address When employees see the changes that
tinuing problems as high turnover or administrative details, including who take place as a result of their feedback,
low productivity. will receive the survey, communication, they will understand the connection
and timing, and then create your plan of between that and their response, leading
It enables companies to find solutions
action to analyze and identify priorities. to an improvement in future survey scores.
to issues that will lead to profitable
Over time, you implement and monitor
improvements.
key recommendations, ensuring that you
It fosters stronger employee relations provide regular updates and communi- Timing the
by creating an environment of open- cate progress. enterprise survey
ness and trust.
Your organization must keep your em- If you conduct a survey only once, you lose
Empowered employees lead to higher
ployees informed through all phases of the surveys value in monitoring progress
retention rates, lower absenteeism, im-
the survey, including preparation, data over time and uncovering new or devel-
proved productivity, better customer
collection, action planning, and imple- oping issues. If you conduct surveys too
service, improved morale, and measur-
mentation. You need to develop a commu- often, fatigue can occur. To be effective,
able savings.
nication plan to get out the key messages you should schedule the survey process
objectives and rationale, timeframe, so that any initiatives that come out of
How to conduct an importance of participation, how results it can be incorporated into the business
will be reported, and action priorities planning cycle.
enterprise survey identified add implemented. Be sure to
allow for two-way communication. Once it has been distributed, allow enough
To implement an enterprise survey, you
time for staff to consider their responses
must plan to create governance policy, Explain suggestions that cannot be im- before completing the survey. Providing
clarify objectives, establish timelines, plemented in a timely manner and tie the opportunity to fill it out while at work
allocate resources, identify topics, and changes that are made back to the survey. will increases response rates.
define a reporting structure. Once you Communicating effectively throughout
have dealt with these elements, you need the process establishes a solid foundation
to develop survey items with the input of for future surveys.
15
d o yo u r e a l ly k n o w w h at yo u r e m p l oy e e s t h i n k ?
Improve your business processes and maximise your IT investments through our portfolio of solutions:
17
Drake Business Logistics is the official provider of Swiss Post Solutions in Australia and New Zealand. Drake Business Logistics is powered by Swiss Post Solutions Limited www.swisspostsolutions.com
th e
Strategic Benefits
of
Outsourcing
O
utsourcing enables companies growth when back-office operations also to business processes that are not part of
to focus on their core business expand and start to consume resources, a companys core business. By outsourcing
activities and their bottom line both human and financial. non-core activities and functions, compa-
without sacrificing quality or service in nies can convert fixed costs into variable
the back office. Companies that adopt BPO refers to contracting out activities or costs, thereby releasing capital for invest-
business process outsourcing (BPO) also functions to a third party to bring about ment into other parts of their business.
realize its benefits in periods of rapid economies of scale and specialist expertise
quality or service Whether small or large, companies are What is the payoff?
in the back-office. turning to BPO as a way of handling
nearly every HR function, from payroll Growth and expansion can consume
and benefits to time and attendance. resources, both human and financial, and
Outsourcing can provide solutions in the core activities that make a company
A service-level agreement specifies clearly successful can be affected. Outsourcing
these HR areas:
what will be delivered and at what cost. enables organizations to refocus on core
Consultants work with you to develop a expert industrial relations assistance,
including on-site representations with growth functions as well as quality
thoughtful change-management plan and service. Outsourcing also provides
that covers all the issues in moving a union or employee representatives
economies of scale by lowering costs
business process over to the outsourced workplace grievances and disputes and providing more flexibility than an
company. Pricing and investment planning termination of underperforming in-house function.
allow you to tailor a solution to your needs, employees
including options like unit pricing, cost- When a specialist provider has the econ-
on-site OH&S consultation and advice
savings rebates, profit-sharing models, omies of scale to provide lower costs,
and other variable pricing methods. implementation and coordination of
company induction programs better quality, and more flexibility than
an in-house function, it is wise to out-
What are the benefits and payoff? outplacement and redundancy services source that process.
Equal or superior quality of service at retention and employer branding
strategies DBR
a reduced cost
More time to concentrate on your recruitment and selection mentoring
core business management of workers compensa-
100% compliance with your business tion claims, including reducing em- To find out more on how Drakes
processes and objectives, as well as ployer premiums business process and HR outsourcing
statutory and legislative requirements drafting and implementing HR/ER solutions can assist you with critical
and changes to these requirements policies and procedures back office and HR related challenges,
Flexibility so that the level of service employee training and development visit www.drakeintl.com and click on
fluctuates along with the demands of workshops, e.g., bullying and harass- Talent Management Solutions.
your business ment awareness
19
9 Characteristics of an
Effective Executive Team
T
he ultimate measure of a senior each other and are trustworthy. The cohe- of the team and determine how to
leadership teams success is the or- siveness of the team is obvious to people strengthen its performance.
ganizations results. And yet some outside the group.
DBR
companies, due to favourable market
Helpful operating principles: These
5
conditions, do quite well in spite of their
dysfunctional leadership teams. Imagine agreed upon ways of working togeth- Tom LaForce is the author of Meeting Hero:
Plan and Lead Engaging, Productive Meetings.
what could happen if the team at the top er might include a shared set of values, He is also the founder of LaForce Teamwork
could get its act together. processes for making decisions, ways of Services, a consulting company that helps clients
communicating within the team and to make better decisions, solve tough problems,
Is your leadership team effective? other employees, and tracking activities. and produce better results through more effec-
Evaluate them on these nine attributes. tive collaboration. http://laforceteamwork.com
Problem solving: The team rec-
1
A meaningful purpose: They have a
clear and compelling reason to work
together. Executive team members are
6 ognizes when a problem exists,
analyzes it, identifies alternatives,
and works through conflicts. Once the
Making sure you have the right
people on your team and that they
each responsible for a specific company decision is made, everyone commits to work well together is critical to the
function. One could argue the CEO should supporting it. Often this is best demon- success of any company. Drake P3 is
be the glue that coordinates the activities, strated by someones willingness to raise an online assessment solution that
but everyones primary concern should a thorny issue in the first place and in the reveals a persons natural tenden-
be their area of responsibility. In high- members willingness to fully engage in cies, communication styles, emo-
performance teams, a commitment to finding a resolution to the problem. tional intelligence, motivational
the teams purpose should be at least needs, decision-making abilities,
High levels of candour: People say
7
as important as the commitment to the energy levels, and more.
purpose for the area each member leads. what needs saying in a direct and
respectful manner. Members are Any time person-to-person or per-
Shared goals: The team needs to receptive to hearing tough messages
8
as the companys goals.
hold themselves and others to the Canada: 416 216-1067
The right mix: Team members have commitments they have made. solutions@na.drakeintl.com
9
They use this knowledge to create Philippines: 632 7532490
synergy. Members see the value of each teams track those things that are weoutperform@drakeintl.co.uk
persons presence on the team. Theres a most important to their success
progress on key initiatives, performance Singapore: 65 6225 5809
sense of equality among all the players.
results, or even behaviours expected of drake@sg.drakeintl.com
Strong interpersonal relationships: each otherand take action when things
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Over 1,200 course titles based on employee job role,
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Verifiable compliance and regulatory
audit/reporting
For hundreds
of years,
Human Capital owners and
managers
Financial have sought
to quantify
Statements: workforce
The Missing Link productivity.
between Human Capital Modern workforce productivity is not
Measuring and reporting Capital Financial at cost and the total value added over
and above cost. It breaks down differ-
human capital Statements ential value contributions by job cat-
Just as traditional financial statements egory and can drill down into critical
What if it were possible to value the job roles at a micro level to measure
allow investors to compare compa-
impact of human capital and quantify ROI of specific job roles.
nies, gauge financial performance, and
its contribution in the form of produc-
evaluate risk, so too can Human Capital Human Capital Flow Statement.
tivity or return? And what if the return
Financial Statements (HCF$) provide Similar to a cash flow statement, this
on human capital could be definitively
bottom-line impact, tell a deeply con- schedule traces the flow of human
measured, quantified, and linked to busi-
textual talent management gain and capital across headcount, cost, and
ness results by company, business unit,
loss story, and spotlight human capital movement by a period, such as a
and even job role?
risks. Further, the flow of human capital quarter or year, showing where and
can be measured and predicted in the how human capital is allocated and
Imagine todays financial investment
manner of workforce planning, enabling used in an organization.
marketplace without standard finan-
HR to devise and implement strategic in-
cial statements. Investors would be left
terventions to optimize building, buying
on their own with little to no objective Human Capital Financial Statements rep-
or leasing talent, optimizing costs and
information with which to determine resent the endpoint HR has been search-
critical roles, among other strategies.
whether a company was a worthwhile ing for to standardize measurement and
investment. They would be left to rely enable comparison of human capital per-
to a great extent on the companys own formance across industry and geography.
potentially skewed information. Dr. Jac Fitz-enz, recognized as the father of human
capital measurement.
23
A supplement to
financial statements,
not a substitute
HCF$ are not a substitute for financial
statements but rather a tool to measure
and provide insight into the workforce
and a key success differentiator supple-
ment. These statements quantify trends
in workforce productivity, costs, and value
creation across the talent management
lifecycle. Now we can clearly demonstrate
a relationship between an organizations
financial performance and its workforce.
visit hcmbookoffer.com
25
It All Starts with a
Talent Management Strategy
P
eople are the most important re- Before embarking upon a talent man- staffing needs, recruiting and training
source in our global economy. And agement initiative, its important to un- the highest-skilled employees, addressing
whether or not companies are willing derstand what you hope to gain from performance issues, and ensuring that
to admit it, their employees make the dif- integrating talent management within personnel and management practices
ference to their bottom line. To remain your organization. For this, you need to conform to compliance regulations.
competitive, employers need to know take a step back and look at HR.
what their employees are doing, what The HRM function has undergone tre-
skills they have, how theyre developing, mendous changes over the past 20 to 30
and how they fit into the business today To remain competitive years. In the 1970s and 1980s, the person-
and in the future. One way to do this is in todays job market, nel department was charged with man-
with talent management. Companies aging the paperwork around hiring and
employers need to know
need to assess how managing their talent paying people. In the 1990s, however, or-
fits into the overall business strategy.
what their employees ganizations began to see the HR depart-
are doing, what skills ment as playing a major role in staffing,
they have, how theyre training, and helping manage employees,
What is talent developing, and how so that they and the organization could
management? they fit into the business
perform at their maximum potential.
Through this process, the concepts of
Talent management generally is the today and in the future. strategic HR and talent management
process of attracting highly-skilled emerged. Today talent management is
workers, integrating new workers, and an established HR function across many
developing and retaining current workers large and medium-sized companies.
to meet current and future business The changing face of HR
objectives. But talent management has From a technology perspective, talent
additional meanings to different or- From an administrative perspective, the management differs greatly from tra-
ganizations: For some its about finding human resource management (HRM) ditional HR. While the HR role itself has
and developing top talent; for others function includes a variety of activities, changed over the years, so too have the
its about the overall management of but its mainly responsible for the human systems used to manage people. However,
all workers, highly skilled or not, within resources, the people making up the or- just because you have an HR department
the organization. ganization. This includes determining and youve purchased an HR system, that
doesnt mean youre managing your
talent. While some HR systems have 13% were told that their current HR
added different talent capabilities, many system and processes were enough These are some elements of a solid
options are available, making the process talent management strategy:
7% didnt have any roadblocks and
of deciding on which one best fits your
were managing their people just fine
companys needs rather difficult. Knowing Adopting a culture of talent within
which one is right for your business has as your company: being willing to
much to do with your talent strategy as invest in your people from the
it does the type of features and functions Recruiting and beginning and throughout the
you will need from a software system to retaining top employee lifecycle, and having
manage your people processes. talent should a sustainable approach toward
talent management, even in an
be the number economic downturn
It all starts with a talent one priority
management strategy for your talent Understanding the business: clear-
ly understanding your organiza-
Recruiting and retaining top talent should
management tions current and future business
be the number one priority for your talent strategy. strategies and where people fit
management strategy. However, prop- into that strategy
erly managing human capital is still a
big challenge for many organizations. Investment in people: having the
While the largest number of respondents
Technology Evaluation Centers (TEC) con- necessary people in place, includ-
cited not having the right people and/or
ducted a poll that asked readers, What ing those who will be involved
technology in place, it appears that HR
has been your biggest roadblock in effec- in implementing the software, to
professionals are faced with the pressing
tively managing your talent? It yielded establish your strategy
challenge of developing an innovative
these answers: strategy that will meet their current busi-
Continued process improvements:
47% didnt have the right people and/ ness demands and that their executives
providing training and conduct-
or technology in place to make it work will buy into. Its important to focus on
ing performance assessments as
innovative and creative strategies that
33% lacked executive buy-in to im- part of an ongoing process toward
will attract and retain the talent needed
plement an effective talent manage- strategy improvement
to meet the needs of the organization
ment strategy today and for the future.
27
i t a l l sta rt s w i t h a ta l e n t ma n ag e m e n t st r at e g y
If you answered yes to all of the ques- neglect to manage their talent effectively
Readiness quiz: tions, chances are your talent strategy is end up losing key talent.
Whats your talent properly aligned with your overall business
management IQ? goals, your talent management or related Before jumping on the talent manage-
HR management system is being used to ment technology bandwagon, you need to
If any of the above elements dont fit in its full capabilities, and your organization assess whether your organization is ready
with your companys philosophy, youre is successfully managing its talent. to embark upon such an initiative. If your
probably not ready for talent manage- organization does not have a well-defined
ment, or even talent management soft- talent management strategy in place or
ware. But just to be certain, take this quick Technology: too much, still manages its businesses processes
quiz to see how ready your organization too soon with several disparate software systems,
is to properly manage its human capital. then a talent management system will
Whether youre a small company with probably end up hampering your busi-
1. Does your organization have
fewer than 50 employees or a medium- ness activities more than anything else.
a talent management strategy
to-large firm, theres a place for talent
in place? But if your organization has a well-de-
management in your organization. But
2. Is your talent management strat- the decision to buy a talent management fined and structured initiative for man-
egy aligned with your organiza- solution, as when making any large soft- aging talent, now and for the future, it
tions mission and goals? ware purchase, should be based on your is ready to take advantage of technology
talent management readiness, company to streamline its talent management
3. Do you know which measures can
size, and considerations of the current processes. Software systems can provide
make your talent management
software systems. the necessary functionality for recruiting,
strategy more effective?
managing, and developing key employ-
4. Are your employees engaged Talent management software is usually ees. When this is aligned with the overall
within the organization through offered in modules, which make up a business strategy, it ensures the growth
the use of surveys? suite. Many talent management and and success of the organization.
5. Do you know your organizations human capital management (HCM)
workforce demographics? software providers offer their solutions
DBR
this way, allowing their clients to pick
6. Can you easily determine which and choose the modules they would like
employees may pose a flight risk? to start with. Its important, however, to Excerpted from When Is Talent Management
Really Right for Your Business? by Sherry Fox
7. Do you have a succession plan choose modules in line with your talent and reprinted with the permission of Technology
in place? management strategy. Evaluation Centers (TEC). TEC helps companies
research, evaluate, and select the best enterprise
8. Can you readily determine the Some studies have shown that many com- software solutions for their needs. To learn more,
training needs of your employees? panies are not maximizing their talent visit http://www.technologyevaluation.com
management investments to best suit
If you answered no to any of these ques- their needs, thus impeding their success.
tions, take a closer look at your talent
management initiative. You may have Drake is a profit-improvement
a deficiency in the information systems Conclusion company focused on enhancing
youre using to monitor and analyze the productivity and performance
Skilled and talented employees are hard of your human capital. We have
employee data. If you are a medium-
to recruit and retain within any organiza- created a unique suite of Talent
to-large organization doing business
tion. Retaining such people is particularly Management Solutions that can be
globally, your people initiatives may be
challenging for small businesses compet- customized for your organization to
in serious trouble.
ing on unequal footing with larger firms improve performance, productivity,
If you answered yes to some of the ques- offering better compensation packages. recruiting, retention, organizational
tions, your organization somewhat has a culture, leadership, customer satis-
Talent management is not just about faction, and your bottom line.
grasp on managing human capital but
finding the right candidate for the job.
should look to further strengthen processes.
That individual must be nurtured and To find out more, visit drakeintl.com
You may have adequate people manage-
given ample opportunity to develop and and click on Talent Management
ment systems in place but are probably not
grow with the company. Companies that Solutions / Overview.
using them to their full potential.
WHY
AD
We have been licensed by POEA, the Philippine Overseas
Employment Administration, since 1997
SERVICES Screening
Interview Managing
(Process, venue, schedule)
INCLUDE Testing
Post-Interview Application Processing
(Clearances, visa, deployment processes)
I
n todays challenging economy and hy- According to Ram Charans article in the and the magic disappears. The competi-
percompetitive business environment, 2005 Harvard Business Review, as CEO tion begins to outwit, outflank, and out-
CEOs and senior executive teams face tenure continues to shrink with two of perform these companies.
enormous challenges to achieve and every five new CEOs failing in their first 18
sustain breakthrough operating results. months, it has become absolutely critical In most organizations, talent is the essen-
The intensifying war for talent, globaliza- for companies to cultivate internal candi- tial resource. In fact, talent is the one thing
tion, economic change, more stringent dates for top positions. Yet corporations that can distinguish a company from its
regulation, and tougher governance make are realizing that executive geographic competitors. Without the right people
realizing shareholder value increasingly and organization culture succession pipe- to execute and deliver the organizations
difficult. But the tougher challenge is lines are broken and will adversely affect strategy and objectives at all levels, the
identifying and developing new leaders the ability to identify and nurture future business will fail to reach its full potential.
critical for developing the sustainable leaders. This can be alleviated by estab-
competitive advantage for the organiza- lishing ongoing programs that correctly
tion and its eventual success. ascertain the high-potential executives
31
To more effectively oversee risks related
Without the right The board should to talent, boards should periodically and
1. Review talent-related risks: Many 4. Monitor the talent pipeline: Talent into this process can not only provide
boards have adopted a twice-a-year supply and demand data should be experienced insight, but also help to iden-
talent review in which the chief reviewed as part of capital invest- tify and reduce the risks and take talent
human resources officer (CHRO) sum- ments and business strategy reviews management to the next level.
marizes the external talent trends and at least annually but ideally more
workforce and talent strategy for the frequently. In addition, the need to DBR
business, including a comprehensive develop new products, enter new
review of talent, HR risks, and the as- markets, or combat new competitors
sociated mitigation strategies. will dictate the demand for specific Prof. Sattar Bawany is the CEO & Master Executive
experience and skills. The board should Coach of the Centre for Executive Education (CEE
2. Develop measurable outcomes: The Global). CEE offers human capital management
ascertain that management and the solutions for addressing challenges posed by a
board should request a benchmark
HR team have plans in place to meet multigenerational workforce including talent
analysis that covers employee engage-
that demand. management and executive development pro-
ment, top performer and executive grams (executive coaching and leadership devel-
attrition, and other factors related to 5. Align the talent and business strat- opment). For further information visit www.cee-
talent retention at the senior levels egy: In reviews of strategy, the board global.com; email: sattar.bawany@cee-global.com
and for other critical positions. This can should ask management how it aligns LinkedIn: http://sg.linkedin.com/in/bawany/
be accomplished by leveraging indus- the talent strategy with the business
try or HR data and/or using historical strategy. Forward-looking talent strat-
organizational data as comparisons. egies maintain this alignment while
helping target investments in talent
3. Assign the responsibility: More and
development for optimal efficiency Every organization needs to
more boards designate a director
and effectiveness. The board should ensure it has the right leader-
and/or members of the remuneration
also be aware of talent issues related ship on board leaders with the
committee (often a former or current
to any initiative that comes up for its people skills required to steer su-
CHRO) to address talent-related
review or approval. For example, in a perior performance.
issues and risks, and ask for frequent
merger or acquisition, talent due dili-
in camera sessions with the board on
gence is often neglected, and talent Drakes Leadership Development
talent-related risks. The head of HR
the organization intended to acquire Solution uses behavioural assess-
could report to both the CEO and the
on day one may be lost. ments, coaching, and workshops
board. For the board, this designated
to deliver the insight your people
director can help raise awareness of
Sound talent management strategies need to become better leaders. To
talent issues; moreover, this individual
and programs can greatly reduce risk, find out how Drakes Leadership
has the appropriate background to
improve sustainable performance, and Development solution can inspire
question management and inform the
improve the organizations ability to your current leaders, improve
board about talent-related risks and
attract external talent. Board oversight productivity, reduce turnover,
how management is addressing them.
and attract top performers to
the company, contact the Talent
Management Solutions team.
33
MEASURE
YOUR WAY
TO PROFITAD
IMPROVEMENT
Our highly visual, cloud-based solution
consists of fully interactive dashboards
that we customize for your organization
or department using your unique data
sources, business metrics, finance KPIs,
and goals.
35
How to Handle
Exit Interviews
A
person who resigns from your or- The exit interview offers the opportunity And you must ensure that no matter what
ganization is probably leaving for for willing employees to point out defi- the employee says, there is no retaliatory
one of these three reasons: a new ciencies in the organization, such as poor action for their perceptions of the truth.
career opportunity, an unsolicited job management or supervision, complete
offer, or a grievance that has not been lack of supervision and support, and poor
handled correctly. When a person resigns communications. If your organization is Rules of the interview
for voluntary reasons, its often a surprise, honest with itself, it will use these re-
and it can be expensive to replace a valu- sponses to look into the claims and make The exit interview should be voluntary.
able team member. any corrections. The information collected must be dis-
seminated only to those who need to
An exit interview process will help you Sometimes, the employee reveals that know. The employee should be allowed
and your organization understand why they have had a problem for several to request another person be present. If
people leave and indicate where you need months, which they could not resolve, the interview is normally conducted by
to make improvements. One that also remained quiet, and decided that it was the HR manager, and the employee wants
offers closure is both healthy and pro- better to switch than to fight. If the em- the department head or even the head
ductive prior to an employees departure. ployee is worth keeping, this is an ideal of the organization, and it is possible,
opportunity to relate the organizations do it. Also, maintain the exit interview
Some employees move on for very le- dispute resolution procedures, which may in a separate file from the employees
gitimate reasons unrelated to their give the individual a way to express griev- personnel folder.
tenure with the company. They may have ances that can indeed be resolved. It is less
changes in career interests, or they or expensive to retain a potentially or proven
their spouse might be moving out of the good employee than to find a replacement. Preparing for the
area, or a commuting problem that did exit interview
not exist when they joined the organiza- This may be a good time for the organi-
tion may have become unmanageable. zation finding itself remiss in addressing As you begin to review your exit interview
the problem to offer a new procedure or process, look for trends that might point
However, the primary purpose of the better communication that can resolve to deeper problems that might help you
exit interview (sometimes just done in the conflict and possibly even retain the see new opportunities.
questionnaire form) has always been to employee. The action your organization The average length of employment
resolve outstanding concerns of both takes to improve deficiencies can certainly
The top three reasons why people leave
the employer and employee, basically make it a better place to work for present
to determine the actual reasons for the and future employees. However, do not The top three positions with the
individuals resignation. However, the promise a resolution that will not take most turnover
interview can also address such routine place. Such promises may become con- The turnover patterns within a specific
employment matters as the continuation tractual, and if the individual is giving up department or group
of insurance benefits, vesting in retire- an opportunity with another organization,
ment plans, and getting back a company your organization may well be liable if a Also, examine what you are doing on a per-
vehicle, pager, cellphone, and other prop- resolution is not reached or a necessary sonal level to prevent future resignations.
erty of the organization. and warranted procedure implemented.
If you handle exit interviews respectfully, How does the new work environ-
Conducting exit interviews your organization will gain a wealth of ment differ?
knowledge. In addition, a departing em- How do salary and benefits compare?
Determine how your organization will do
ployee will more likely offer honest com-
the exit interview. You can create a form
mentary about what is and is not working Turnover is costly, and to stop it, you need to
for the employee to fill out before the
in your organization. Are you ready to take know what is causing it. Carefully prepared
interview or mail back after they leave;
the action steps to resolve and improve and executed exit interviews will help you
or conduct a verbal exit interview, either
whatever is necessary? manage your staff turnover in advance.
in person or on the telephone.
DBR
Once you have created a custom exit Getting the most out
interview form for your company and
conducted exit interviews, summarize the of the interview Excerpt from an article Conducting exit inter-
views How organizations can benefit! by
findings. From this, begin to address the
Inform the exiting employee of your Judith Brown, Georgia,USA.
internal areas that will reduce employee
desire to collect information that could
turnover or make for a more productive
help improve working conditions.
and profitable organization.
Ask if the employee prefers talking
with you (if you are the supervisor) or Exit interviews facilitated by an
expert third-party provider like
Creating exit someone else, such as another human
Drake give you deeper and more
interview questions resources person or a line manager.
accurate insight and information
Ask the employee to discuss any issues than interviews conducted in-house.
Creating custom exit interview forms that would be useful to you or the Drakes Exit Interview solution pro-
is the best approach. These are some company. Tell them the information vides you with honest insight into
sample questions. will be kept confidential. why good employees leave, and
What did you enjoy the most about Schedule the meeting during the last opens the door for employees to
working in your department? week of the persons employment. give candid comments on opportu-
nities for the company to improve.
What did you enjoy the least, and why?
Do you think your skills were well used? During the interview To find out how Drakes Exit Interview
solution can generate the data you
Was your career path and future within Hold face-to-face interviews in a neutral need to end unnecessary turnover
our company made clear to you? place, as your office may be intimidat- and improve operations, contact the
Did you have sufficient development ing. Consider having an exit luncheon Talent Management Solutions team:
and growth opportunities? for someone who has been a valued em-
ployee. Arrange the physical layout to Australia: 613 9245 0245
What suggestions or feedback can you promote a problem-solving discussion hrsolutions@au.drakeintl.com
share that would make our company rather than a boss-subordinate interview.
stronger and more successful? Sit next to rather than opposite the em- Canada: 416 216-1067
ployee. Listen without being defensive. solutions@na.drakeintl.com
Did we handle your complaint/griev-
ance in an appropriate and timely way? Record the details. Get as much informa- Hong Kong: 852 2848 9288
tion as possible from your exit interview Drake@drake.com.hk
What suggestions do you have for questions, including job difficulties you
improving the work experience with New Zealand: 0800 840 940
were not aware of, corporate policies and
our company? solutions@nz.drakeintl.com
procedures that prevented the person
Is there anything you wish you had from doing the job effectively or caused Philippines: 632 7532490
known before you took the job? annoyance, and anything else the person weoutperform@drakeintl.co.uk
feels you should know. If the person is
Would you recommend our company Singapore: 65 6225 5809
vague, prod with specific open-ended
to others as a good place to work? drake@sg.drakeintl.com
questions. For example, Could you give
What would it take for you to stay, if me an example of that? South Africa: 011 883 6800
that were possible? Solutions@drake.co.za
Find out about the employees new job.
Is there anything else you would like This information could give you ideas United Kingdom: 0800 111 4558
to share that we havent discussed? about what is wrong now. You might ask: solutions@drakeintl.co.uk
What attracted you to the job?
37
How to Help Others
Resolve Conflict
M
anagers often wonder what they You can apply these general principles to
would do with the extra time if
they didnt have to deal with dif-
meetings you convene to assist people
with conflict. The longer a
ficulties between team members who are:
Be supportive and professional. It is
conflict continues,
upset or offended but refuse to raise
the issue with the person concerned
not working together well
1 important that you be non-biased,
non-judgmental, and supportive. You
guide the process, not the content, so,
the worse it
becomes. So the
in outright conflict with each other
and whose behaviour is affecting the
unless you have been asked to arbitrate,
do not make decisions on the parties sooner you resolve
team in general
behalf. Avoid the temptation to take sides
despite any personal feelings you may
the difficulties,
have. You must be seen to be neutral,
so supervisors who may have a closer
the better.
Managers often wonder relationship with one party are often not
what they would do with the best person to mediate a conflict
Create a positive atmosphere. Here
the extra time if they didnt
have to deal with difficulties
between team members.
between team members.
3 the positive relationship you have
already developed with each party
will be helpful. Choose a neutral venue,
Avoid the which does not create a power advantage
them with solutions. They will need to Interrupt problem patterns of com- not always go smoothly, of course, so be
work hard to find workable solutions.
Explain that your role is to guide the
process and keep them on track, so the
6 munication. When separate meet-
ings beforehand are not possible,
structure the joint meeting so that each
flexible enough to use strategies that are
best suited for the situation.
conflict does not get out of control. party can share, without interruption, DBR
their perspective, concerns, and wishes
Inspire their confidence in you by being for the future. It can be helpful if the
competent and professional, clear as to other party is willing to acknowledge Ken Warren BA, MSocSc, CSP is a relationships
the agenda, how the meeting will be run, what they have heard and ask clarifying specialist who helps teams perform at their very
best. Through his positive interactive and engag-
reminding people about any ground rules questions if needed. ing speaking programs, Ken helps people to: build
for the meeting, including no interrupt- stronger and more positive and productive teams;
ing, keeping it respectful, and looking You must be prepared at times to inter- cope well with the stress and challenges of their
for solutions for the future rather than rupt disrespectful, problematic commu- work; and provide outstanding service to their clients,
dwelling on blame or personal attacks. nication when it takes place by remind- even the most difficult ones. Check out his free re-
sources at www.positivepeoplesolutions.com.au
ing people of the ground rules for their
Speak about their common desire
4
meetings, redirecting personal attacks to
to achieve a good outcome. This the issue at hand, reframing complaints
is best expressed by the individu- to what that person would find helpful,
als themselves if you ask them directly, naming the behaviour, changing seating Making sure you have the right
Why do you want this difficulty/conflict arrangements or the physical location, or people on your team and that they
solved? If they have difficulty expressing separating the parties. work well together is critical to the
a reason, they may need some prompting, success of any company. Drake P3 is
or you can assume the best, that they Sometimes people are simply not ready to an online assessment solution that
desire to get their relationship back on solve a conflict or they are too heated or reveals a persons natural tendencies,
track, to get a fair outcome, or to agree emotional. In such situations, consider re- communication styles, emotional
on the way forward. scheduling the meeting for a time when intelligence, motivational needs,
both can think more clearly. decision-making abilities, energy
Discuss other reasons they want to levels, and more.
resolve their dispute, some they may have Guide the process. Have a plan for
in common, such as their need to have
an easier working relationship. 7 how the meeting will be run, but
be flexible. Guide the conversation
toward a joint problem-solving approach,
Any time person-to-person or
person-to-job fit is an issue, Drake
P3 can help. To find out how Drake
Encourage gestures of goodwill.
5
where the issues are agreed and prior- P3 can help you, contact the Talent
Hopefully, people will be open to any itized and where each partys needs and Management Solutions team:
coaching you have given them be- concerns are taken into account. It is
forehand and come to the meeting with important that the real source of the Australia: 613 9245 0245
a positive frame of mind. Goodwill can tension be identified as parties can often hrsolutions@au.drakeintl.com
be demonstrated by words and actions, argue over different matters.
Canada: 416 216-1067
such as greeting each other pleasantly,
solutions@na.drakeintl.com
agreeing where possible, and demon- Many facilitators or mediators often map
strating flexibility. the conflict by defining the issue and Hong Kong: 852 2848 9288
considering for each party: their needs, Drake@drake.com.hk
One or both parties may be in a position their concerns, solutions that are respect-
New Zealand: 0800 840 940
to apologize for their part, for how their ful to their positions, written agreements
solutions@nz.drakeintl.com
behaviour came across, or to express a (sometimes witnessed by both parties),
hope that they can put their difficulties and a timeframe for review. Philippines: 632 7532490
behind them for the sake of their rela- weoutperform@drakeintl.co.uk
tionship. Conciliatory behaviour, such as It is important to set realistic expecta-
Singapore: 65 6225 5809
making amends or choosing to forgive or tions. Your plan may not work perfectly,
drake@sg.drakeintl.com
let go of hurt, are all helpful gestures you but any challenges that arise will help
can encourage beforehand. Such gestures to fine-tune it. South Africa: 011 883 6800
do not always elicit an immediate posi- Solutions@drake.co.za
tive response; people must be prepared At the conclusion of the meeting, con-
United Kingdom: 0800 111 4558
to take helpful actions but not expect gratulate both parties for having chosen
solutions@drakeintl.co.uk
others to immediately reciprocate. to work at resolving the issue rather
than continue the conflict. Things do
39
does your
Team
Culture
need a
Makeover?
S
ome people ask, Why invest in
teamwork? Theres no ROI in that.
Well, we know that the culture of
an organization has a dramatic impact
on the bottom line. Moreover, every team
within the organization has a dramatic
impact on the culture and thus an impact
on the bottom line. So, how do you know
if your teams culture is in need of an
overhaul a makeover?
Great cultures
commonly lead
to healthy results
over a long time.
An attitude of optimism: Recognizing Individual change: Another essential Think about it as if you were building a
3
Our number one customer is our employ-
rocket launch, significantly more ee; if we take care of our employees our
How do you know when a culture shift energy is burned in the first few employees will take care of our custom-
is needed? Much like car racing in the minutes of the flight than at any other ers. At the end of the day, culture is core.
desert when the wheels are spinning yet time during the mission due to the pull
the car doesnt really seem to be getting of earths gravity. Thinking thats the way DBR
anywhere, its time to consider a change things have always been done often acts
when the team seems to be going and like a gravitational pull. In the beginning of
going but isnt really accomplishing any- the change process, a significant amount Gregg Gregory, CSP, of Teams Rock, works with or-
thing. Once they recognize that a culture of focus and energy is necessary to move ganizations to help them create a winning culture
through teamwork. His interactive workshops and
shift is necessary, most organizations the process through this inertia before it
consulting help clients achieve greater productiv-
and teams believe that they are going to begins to take hold and move on its own. ity, team morale, and a positive organizational
make a rapid 180 change. This is simply culture. He has over two decades of experience in
impractical, not to mention unrealistic. human resources, real estate, mortgage banking,
and radio and television broadcasting. To learn
The makeover or reshaping process of a When the leader is more, contact Gregg via www.TeamsRock.com
team or organization where the culture is
broken or working poorly must begin at
present and heavily
the top: If an organization shift is neces- involved in the
sary, then it begins with the CEO; if the
teams culture is struggling, then it is the
culture shift process, Drakes assessment solutions, coach-
division or department manager. the likelihood of ing, and workshops deliver the
insight good leaders need to develop.
Four components are essential to in- success increases Inspired leaders improve productiv-
crease the likelihood of successfully re-
moulding the teams culture.
dramatically. ity, reduce turnover, and attract Top
Performers to their company. To
learn more, contact Drake.
Strong leadership: It all begins at the
41
What Do
Great
CEOs
Do?
E
xecutive churn and subsequent chief model the way. CEOs understand that the 1. Set the direction and strategy of
executive officer succession plan- people they lead turn the organizations the organization
ning is a major issue in many organi- strategy into reality. Great leaders realize
zations. Retaining an effective CEO is very its all about people...theirs and yours.
2. Clearly communicate the picture
likely the boards single most important
to all stakeholders
task in todays challenging and changing 3. Model a positive mood and tone
business environment.
Great leaders for all to follow
4. Ensure that the appropriate meas-
Much that has been written about leader-
ship has not really changed over the years.
create and urements of success are in place
In fact, many of the descriptions about influence the 5. Recruit, hire, and retain the best
talent and then delegate effectively
leadership are rather theoretical, consid-
ered important by many non-leaders, those culture of the
6. Insist on business execution at all
who study and teach leadership but have
never actually been tasked to lead others.
organization levels within the organization
that inspires and 7. Make sure there is money in the
Based on many discussions with execu- bank to support both sustainabil-
tives who truly made a difference, the engages its people. ity and growth
mark of a solid CEO leader boils down to
8. Do whatever it takes, no matter
some very basic leadership attributes
Interestingly, virtually every successful
what, to ensure all of the above
not vision, charisma, or innovation. Rather,
executive Ive met are visual people. They
are accomplished even when un-
the solid leaders most often agree they
dont need stacks of detailed informa-
expected events occur
routinely focus on and accomplish time-
honoured basic and core actions for the tion to lead, but choose to work off of 9. Delegate all management actions
organizations they lead. This holds true for bullet points, graphs, charts, and metrics, to others
both profit and non-profit organizations. which state those things that they and
the people in the organization should be More often than not, action beats bril-
Great leaders create and influence the clear on. They understand that it is very liance when it comes to accomplishing
culture of the organization that inspires important for key individuals in the or- these. Great leaders understand there is a
and engages its people. They set the mood ganization to know where they are, where time for discussion, but then there is a time
and mange the emotions. They realize theyre going, and how theyre going to to act. When faced with a possible setback
that a genuine congratulations on a job get there. They paint a clear picture. or failure, they find a way to adjust and
well done can motivate an individual and keep the organization moving forward.
organization like nothing else. Great CEOs Great CEOs In any size organization focus Doing whatever it takes in the face of ad-
understand the mood they set may well be on these nine leadership basics to ef- versity is the mark of a great leader, and
one of the most potent contributions they fectively lead it to both sustainability the hallmark of a great organization.
make as leaders. They know they must and growth.
43
Take Control of Your Poor Performers and
Strengthen Your Team
D
ifferent companies in different in- The good news is: Just as good leaders This employee is a bad performer, an em-
dustries face diverse and unique become great leaders during poor times, the ployee whom you would not recommend
challenges. However, they all face bad performers can become good performers. or want to duplicate. When evaluating a
one issue poor-performing employees bad employee such as this one, a leader
and having to manage them. In a weak can ask: Would I hire this employee again,
economy, the situation becomes even Identifying bad performers knowing what I know now? If the answer
more difficult. The easy answer to dealing is no, this employee is a bad performer.
with bad performers is to treat them the Any Company has an employee his
same way you would in a great economy. manager describes as not great; but
But, like most things in life, knowing the because he is a long-term employee who The need to address
answer is not nearly as difficult as acting knows what to do, he keeps his job. The bad performers
on it. If it were, companies wouldnt have employee doesnt have a bad attitude, but
poor performers. In fact, dealing with he doesnt have a good one either. The Having identified a bad employee, the
these bad performers is one of the great- manager says he is a good person, but leader must address the situation for
est struggles of most leaders, and making that he tends to be grumpy or unhappy three main reasons.
the right decisions becomes more vital to on occasion. He does just enough to get
the organizations success. by, or does what he is asked to do but First, not addressing the situation tells
nothing above and beyond his duties. the entire organization that bad per-
Everybody knows it, including the leader. formance is acceptable. The supply and
demand theory of goods applies to people
as well: The supply of motivated and tal- results. A leaders most important job is performers in a poor economy is to treat
ented people is higher in a poor economy to motivate and develop their employees every week like draft week; never stop
than in any other economy. A great leader in any, and all, conditions. looking for new talent, and continue to
should use this opportunity to assess the challenge current employees to reach
organizations current talent pool, as well new heights.
as the individual performance of each How to address
employee, to take advantage of the great bad performers DBR
supply of talent. In theory, there should
never be a bad-performing employee Having identified the bad performers and Reprinted with the permission of Nathan Jamail,
during a poor economy. Every employee knowing how to address the situation, a President of Jamail Development Group. Author of
should understand the company needs leader must define bad performance and the bestselling book The Sales Leaders Playbook, he is
everyones contribution more than ever, great performance, and show the team a motivational speaker, entrepreneur, and corporate
and if that doesnt work, every employee coach. Nathan helps individuals and organizations
what they both look and feel like. The
achieve maximum success. www.nathanjamail.com
should know there are thousands of mo- team must understand the great chal-
tivated people looking for the right op- lenges that bad performance creates, and
portunity. This statement is not made to these must be removed. This will explain
be a threat, because a person working to each employee why bad performances Making sure you have the right
under fear is a sure to performance poorly. will no longer be acceptable, so when the people on your team and that they
Think of it more as a promise that they leader addresses it in the future, everyone work well together is critical to the
will be held accountable. will understand why. A leader needs to success of any company. Drake P3 is
show the level of importance each team an online assessment solution that
Second, a leaders job is to ensure the member plays in the success of the or- reveals a persons natural tenden-
success of the team and maximize its ganization, and the opportunities a poor cies, communication styles, emo-
performance. A leader cannot do this economy brings. tional intelligence, motivational
without addressing and resolving bad needs, decision-making abilities,
performance. Leaders who tolerate bad energy levels, and more.
performance of others hurt their own. A leader must define bad
Their commitment is to the team, and no performance and great Any time person-to-person or per-
player is more important than the team. son-to-job fit is an issue, Drake P3
performance, and show
can help. To find out how Drake P3
the team what they both can help you, contact the Talent
A leader cannot look and feel like. Management Solutions team:
maximize the success Australia: 613 9245 0245
of the team without What can you do? Set the expectations
hrsolutions@au.drakeintl.com
of each team member in writing and ask
addressing and resolving each employee to create a plan of action Canada: 416 216-1067
bad performance. showing you how they will succeed. After solutions@na.drakeintl.com
you have made any necessary adjust-
ments to each plan, put them into action. Hong Kong: 852 2848 9288
Third, a leaders job is to motivate and Review the plans on a weekly or bi-weekly Drake@drake.com.hk
challenge the entire team to make a dif- basis, recognize the team members who
ference. If their company is facing tough achieve their tasks, and immediately New Zealand: 0800 840 940
times, success is determined by the com- address those employees who are not solutions@nz.drakeintl.com
mitment of each individual and the ac- achieving their tasks. Hold these em- Philippines: 632 7532490
countability of all. A weak economy is a ployees accountable. This is when most weoutperform@drakeintl.co.uk
great excuse to be either successful or leaders fail holding bad performers
unsuccessful. Most people blame outside accountable is difficult yet imperative. As Singapore: 65 6225 5809
influences, such as the economy, for lack in everyday life, a small problem ignored drake@sg.drakeintl.com
of sales, money, and professional and per- only gets bigger.
sonal success. Of course, they dont blame South Africa: 011 883 6800
those same outside influences when Learn from those professional sports Solutions@drake.co.za
they achieve success. Great leaders dont leagues that hold an annual draft to
United Kingdom: 0800 111 4558
blame the economy for their successes select new players. This challenges the
solutions@drakeintl.co.uk
or failures; they use a poor economy to current players to fight for, and earn, their
motivate their team and maximize their positions. To effectively deal with bad
45
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