Viewing entries tagged with 'diversity management'
Future proof your Workforce
Over the next few years companies will start to experience a steady flow of retirees leaving the workforce. They are also finding that the millennial workforce does not have the same values around loyalty and longevity of employment with their employer. A Future Workforce study in 2012 showed that 91% of people born between 1977 and 1997 said they anticipated staying in a job for less than three years. This then raises a question around how a company can future proof their workforce for further growth. Recent research by Randstad highlighted that 64% of companies expressed concern over gaps in their leadership pipeline.
Diversity Drives Innovation
Consider this scenario. You’re hiring. You have three candidates who can equally do the job, but come from quite diverse backgrounds. You apply the final filtering factor ... ‘fit with the company' . Sounds reasonable? Well Yes.. and No. It depends on what ‘fit’ means to the selector(s) and the extent to which they challenge conscious and unconscious bias or prejudice. How do we describe ‘fit’? ‘They’ll fit in here…”. What does that mean?; values fit, personality fit, more like me or less like me?