It’s that time of the year that we all “love” – budget season. In this article, we have provided you with a simple 3-step process to identify your training needs and estimate your training budget for the upcoming year.
Investing in your greatest asset – your people – is one of the most important things you can do to develop talent, improve retention, increase productivity, and create a culture of learning and growth.
The 50 Best Small and Medium Places to Work were announced by HR Magazine in July. Open communication, teamwork, employee training, and cultures which breed the idea of exceeding expectations, are among the characteristics of these top companies.
Yet many organizations, and managers, don’t recognize that a key part of the elements that build a winning team and a great place to work is discipline.
What? Discipline the Non-Performers?
“Eighty-one percent of the respondents to the 2005 Skill Gap Survey of the American Manufacturing Workforce (Deloitte and The Manufacturing Institute, 2005) said they couldn’t find qualified workers to fill their open positions. As far as manufacturers are concerned, the skills gap is upon us,” notes Stacey Jarrett Wagner, managing director, Center for Workforce Success, at the National Association of Manufacturers. - Training and Development magazine, February 2006
Have you ever wondered why it is, that even with the most careful planning and organization, certain projects fail to achieve the results you envisioned? Ask yourself this question, “Did I derail my own plans because I was not willing to delegate?"
Some Perspective
Several years ago I was asked to do some consulting for a Fortune 500 company. At issue was finding out why the organization was so fragmented in its approach to business, even though the organizational goals had been well articulated and included in its vision, mission, and strategy. After some key employee interviews and focus groups in each of the main divisions, it didn’t take me long to see the problem. It was glaring.
Talent. In its most simple definition talent is any individual who has the capability to make a significant difference to the current and future performance of the company.
It is no wonder that more and more organizations are realizing the importance of good talent as a competitive edge. The scary thing is that in the next 10 years, HR professionals expect three out of 10 employees in their organization’s workforce to retire. That’s a lot of talent leaving organizations.
They say that ignorance is bliss, but, “they” (whoever they are) are wrong. Ignorance is fear – fear of facing what needs to be addressed.
For example, is it easier for you to not face the fact that you have more debt than assets, (not including your mortgage) which really means you are broke? Yes BROKE.
Is it easier for you to remain in your current job than to truly define your purpose and do what you are passionate about?
Have you set your 2009 goals to help you track toward your desired destination, or will another year slip by where someone or something else sets your course? Do you have an action plan designed to help you achieve your goals?
At 5.12 solutions, we believe that building strong teams requires a focus on People, Processes, Planning, and Performance. In fact, these 4 “Ps” are the foundation of 5.12 Solutions’ Innovative Team Model.
The Department of Defense built the first Global Positioning System (GPS) in the 1970’s. Consisting of 24 satellites that orbit the earth at about 11,000 miles, the system was originally designed to pinpoint the position of soldiers, weapons, and enemy targets. The Department of Defense never imagined that the advent of the GPS would spawn the booming sport of Geocaching (pronounced “gee o cashing”).
