This week, we explore why many executives might be wrong about their team’s talent management, share four pillars to a positive culture, consider how communication can prevent regrettable resignations, learn why people procrastinate more when deadlines are longer, and gain insight into developing a motivated workforce.
Ninety-five percent of executives say their organization is ineffective at talent management. But, McKinsey suggests it could also be that executives fail to recognize the practices that actually work, such as constantly matching people with opportunities where they’re bound to excel and having an HR team that’s involved in strategy.
Creating culture takes more than values and platitudes. A Deloitte survey identified four things companies with strong culture do, such as act on their values, foster honest and open communication, and create clear goals and awards, which 84 percent of employees felt was a top factor in their company’s success.
What makes a resignation regrettable? When it’s voluntary, could have been prevented, and has a negative impact on the team. For example, a beloved manager quitting after she’s been passed over for promotion. Resigning employees often see it as their only recourse, but the real trouble is that the business has created an environment where that person couldn’t communicate their feelings any other way.
A motivated workforce is a competitive advantage. When employees are motivated, they get their work done faster and with greater levels of collaboration, creativity and commitment. Betterworks CHRO Diane Strohfus discusses how to motivate your workforce to go above and beyond to do what is in the best interest of the organization and, ultimately, the bottom line.
Few people like being assigned a task that’s due before the end of the day, but research suggests they should. A study published in the Journal of Consumer Research found shorter deadlines to inspire employees to see work as less difficult and to complete it faster. The Harvard Business Review explains why.
That’s all for this week’s roundup. Enjoy the weekend!
Want to avoid regrettable resignations and retain your top talent? Get your team talking with Betterworks.
If you missed last week’s recap, read it here: An Un-Ignorable Link, The Anatomy of a Motivated Employee, and the New Rules of Agile HR