Shareholders Recognise Importance of Succession Planning
Those looking to buy a company’s shares will take a wide range of considerations into account before making a decision. After all, it can be a massive investment to make and certainly one that should not be taken lightly. One of the factors a potential shareholder will be most interested in is the future direction […]
Australian Businesses Looking To Ramp Up Recruitment Efforts
In light of recovering business confidence nationwide, businesses in Australia have indicated they are ready to enter the recruitment market once again, a new report reveals. Dun & Bradstreet’s latest ‘Business Expectations Survey’ found that almost a quarter (22 per cent) of companies in Australia are planning to hire new employees in Q2 2014. This […]
Could Job Ads Be Driving Women Away From Leadership Roles?
There has been a lot of recent discussion surrounding the absence of women in executive positions in Australia, and the ensuing gender imbalance in leadership. Much of this may be down to women being overlooked for these roles, but does this skew begin even before they join the company – in the recruitment and selection […]
Addressing The Generation Gap In Family Business Succession
Organisations are becoming more diverse in the demographic makeup of their workforce than ever before. This trend has raised concerns surrounding the often-clashing expectations across generations. From the established baby boomers to the up-and-coming millennials, each generation in a workplace has a unique set of beliefs on the best way forward for the business. This […]
“Talent Mismatch” A Global Concern
Recruiting the wrong people has always been a costly problem, impacting on both an organisation’s bottom line and morale among existing staff. Only when assessed on a global scale, however, can one fully appreciate the extent of the issue. The ‘Adapt to Survive’ study, commissioned by LinkedIn and conducted by PwC, looked at how proficient […]
Avoiding The Isolation Trap In Leadership
Business executives are often portrayed as the stoic leaders who can silently shoulder any tribulation as they lead their organisation to success. As the sole figure at the head of the hierarchy, CEOs are expected to draw from their wealth of experience and expertise to steer their ship through all kinds of storms. Yet it […]
Why EQ Belongs in the Workplace
For years, intellectual ability and technical skills were the traits employers sought the most in the recruitment and selection of candidates. It was a common belief that in the business world, which requires quick, calculated decisions and critical thinking, there is simply no room for emotion and personality. Yet, as the growing literature around the […]
Why You Should Consider Creativity in Recruitment and Selection
All good HR managers understand the importance of looking at the individual as a whole in the recruitment and selection of candidates. In addition to the skills and experience listed on their resumes, do they possess the intrinsic personality traits that can determine their success in your organisation? Characteristics such as high levels of emotional intelligence are […]
Business Can Learn a Thing or Two about Succession Planning from Sport
All football fans – and indeed anyone who regularly follows the major sports headlines – will no doubt be aware of the plight currently faced by the world’s biggest team, Manchester United. Up until the end of last season, Manchester United had managed to retain their status as one of the best teams in the world and […]
Can Pay Transparency Help With Staff Retention?
Many organisation go all-out in their attempts to keep employee turnover to a minimum, and for good reason. High rates of staff churn can prove to be an unnecessary financial burden on any company, in addition to hampering the morale of those who stay on board. There are numerous initiatives a company can take to […]