Are People Really Your Greatest Asset?

  We’ve all heard this before: People are our greatest asset. As an employee, do you believe it? As a manager, do you believe it? Standard & Poors clearly considers People as one of the 3 top components of a business’s value. Experts often refer to key assets as Capital. When it comes to executing…

6 Steps To Improve Organization Performance

It’s no surprise to read the findings of The Conference Board’s survey, “The Conference Board CEO Challenge® 2014: People and Performance”. In our sluggish economy, mergers and acquisitions not withstanding, the capacity for a business to grow rests in the hands of its people. CEOs throughout the world are driving to improving organizational performance regardless…

What You Need To Know About Employee Recognition

  Our intuition that recognition, delivered effectively, builds employee engagement, organization performance and employee retention is supported by survey after survey. A recent survey conducted by Globoforce with SHRM has data that makes the business case for rewards and recognition programs (“The Business Impact of Employee Recognition” is available at go.globoforce.com/rs/globoforce/images/SHRMFALL2012Survey_web.pdf) and experience shows that…

A Win-Win Strategy To Attract Candidates, Build Retention And Eliminate Skill-Gaps

In North America, only 12% of major corporations have actually developed and are deploying Talent Management strategies, according to Right Management’s survey report, “The Struggle Over Talent Management”. Talent Management is a behemoth, typically including a wide range of strategic employment activity such as anticipating future-needed skills and knowledge, recruitment, employee and leadership development, management of…

Manufacturing Leaders: Do Your People Really Understand The Business Strategy?

John Kotter’s July 19, 2013 article in Forbes, “When CEOs Talk Strategy, 70% Of The Company Doesn’t Get It” and Harvard Business Review’s June, 2013 article, “When CEOs Talk Strategy, Is Anyone Listening?” are two credible sources citing research and experience proving that, even in companies who take the time to communicate about the strategy, only a small percentage of employees actually take…

The 5 Keys to Strategy Execution: #2 Leadership

Last week, we started this 5-part series on The 5 Keys to Strategy Execution with our article on Key #1, Strategic Understanding.  Today’s article is about Key #2, Leadership. Leadership is widely recognized as including a broad set of skills critical for individual and organizational success. It’s so critical a skillset that articles about it are ubiquitous:  we are…

Strategy is Simple. It’s Execution That’s Complex!

Strategy is, and should be simple.  It consists of the 3 dimensions shown here: Value Proposition, Value Chain and how well they Fit or are aligned. FORTUNE magazine, well known for its business insights, printed an article in 1999 called “Why CEOs Fail”, highlighting an important fact: 70% of CEO failures were caused by poor execution against…