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As organizations become more networked and team-oriented, HR has a vital role in team development. The same dynamics that drive individual engagement and performance also apply to teams. HR’s role is to foster those dynamics and prepare people to work together toward a shared team purpose. But, how well are organizations performing in this area? To find out, HR.com collaborated with TTI Success Insights to conduct a study to learn the degree of success in terms of teamwork and management. To learn more and to take home key tactical and strategic takeaways, we invite you to download and read the complete research report, The State of Employee Teams in 2018, in this issue.
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A clear majority of executives agree that finding and retaining the right talent directly impacts the bottom line. And this belief is not unfounded – according to a Gallup poll, companies with an engaged workforce outperform their competition by almost 150 percent higher earnings per share. But the path to engagement is not so clear. That is why so many professional services firms are turning to predictive talent analytics. By infusing smart technologies, like artificial intelligence (AI), into the recruitment process, HR departments can find employees that are not only qualified but are the right fit for a position or company beyond their skillset, measuring aspects such as behavior and work attitudes. Not only can talent analytics reduce turnover and improve performance, but as a strategy it also enables companies to leverage their workforce to overcome disruption and drive firms to the next level.
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As organizations become more networked and team-oriented, HR has a vital role in team development. The same dynamics that drive individual engagement and performance also apply to teams. HR’s role is to foster those dynamics and prepare people to work together toward a shared team purpose. But, how well are organizations performing in this area? To find out, HR.com collaborated with TTI Success Insights to conduct a study to learn the degree of success in terms of teamwork and management.
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We know organizations rely heavily on teams to get work done. In this quickly evolving environment, we are constantly being introduced to new technology that disrupts our usual methods and processes. With an accelerating rate of digitalization in technology, the work environment looks very different from how it did just a few short years ago. There’s a new war for talent and being prepared is no longer a preference, it is a necessity.
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Today, more than 90% of graduates say they’d take a pay cut to work at a company that values social impact. This is a sea change. Twenty years ago, college students were clamoring for banking or consulting jobs. Now they’re increasingly seeking fulfillment over paydays.
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The demand for blockchain engineers is at an all-time high. That shouldn’t come as a surprise given that the market cap for cryptocurrency increased from $17.7 billion to $565.1 billion last year. Now that more startups are embracing decentralized systems and existing businesses are offering cryptocurrency-related services, there’s an increasing need for highly-skilled professionals. However, there seems to be a serious talent shortage in this particular field. That means the exponential growth of the industry has left companies competing for developers from the same tech pool.
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If you’re like most office workers, you’re so busy with your daily to-dos that you hardly have time to get creative. The 2018 Workfront State of Work Report found that while half of the workers say that innovation is factored into their performance, just two in five say their companies encourage them to set aside time for it.
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The coworking environment in which similar and dissimilar businesses share amenities as well as collaborative and social spaces is no longer an anomaly. In fact, it is becoming an increasingly viable option for employers and workers. Why? The obvious reason is that corporations are looking for ways to lower real estate costs, and coworking environments provide one way to accomplish that goal. In addition, established businesses recognize the benefits of learning from the experiences of startups and their non-traditional business approaches. Through natural interactions, inhabitants of these environments feed off the collaborative energy they produce and open doors for more innovation, productivity, connection and creativity.
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If this sounds like one of your team members, you’ve probably wondered if they’re just lazy or disorganized. But if their performance and perceived intelligence don’t line up, they could have an undisclosed learning difference.
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Cover Article
