How To Build ‘An Environment That Attracts Top Talent In Today’s Workforce’

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When people are free to show up as their most authentic selves, not needing to hide important aspects of who they are, they bring their very best energy, creativity, ideas, intellect, and work ethic to your organization.’

‘It’s important to show employees a clear path to continue their careers with your company with further education and training.’

‘We need to take a cold, hard look at what was and what is– and find the promise in what could be if we adapt.’

‘Instead of complaining about challenges, we need to embrace these moments as junctures in time for real, positive change.’

Ensure your onboarding is consistent– not dependent on who your new employee’s team leader is.’

‘Diversity leads to better decision making.’

Diversity and inclusion mean nothing without action. You must do more than simply share a rainbow during Pride month.’

Culture includes diversity, pathways, onboarding, and more– all the areas that contribute to what it is like to come aboard your company and stay there.’

There’s no magic wand to change a culture overnight- but culture can be shaped and changed by a company committed to change and making things better.’

You need a culture of respect, understanding, and learning. You need to continue to upskill your staff to make them better for your company and for themselves as individuals.’

Source

Dr. John W. Mitchell (2023). Fire Your Hiring Habits: Building and Environment that Attracts Top Talent in today’s Workforce

10 ‘Enduring Strategies For Turbulent Times’

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Public policy and business environment suffer because of globaloney. People with more exaggerated views of the levels of globalization also see globalization as more harmful, fueling pressures for protectionism.’

The laws of globalization provide a stable foundation on which strategies can be constructed even in the midst of an antiglobalization backlash.’

‘Since the return of the millennium, growth rates have diverged between advanced and emerging economies, with emerging economies taking of while growth in advanced economies has been sluggish.’

‘While trade may not gain grow twice as fast as GDP over an extended period, there is still large, untapped potential for trade depth to increase.’

‘Since emerging economies lag far behind advanced ones on the depth of their information, people, and capital flows, further development in emerging economies could power large increases in these aspects of globalization.’

‘As globalization has come under pressure, business leaders are thinking through how to adjust their international strategies in response to the changing environment.’

Boosting adaptation can help firms deal with globalization- related headwinds.’

Adaptation adjusts to differences to expand the score over which aggregation and arbitrage strategies can be successfully employed.’

Aggregation exploits similarities across countries to create value from scale and scope economies. This is the primary international strategy for most incumbent multinationals from advanced economies.’

Incumbents will need to preserve their aggregation advantages while shoring up weaknesses on arbitrage and becoming better adapted in key emerging markets.’

Source

Pankaj Ghemawat (2018). The New Global Road Map: Enduring Strategies for Turbulent Times