In This Issue

• Talent, Teamwork, and Leadership
• Yesterday’s leadership styles will finally retire.
• Future-proof skills and career mobility will eclipse pay.
• The Work From Home (WFH) evolution is here to stay.

Talent, Teamwork, and Leadership

Talent is key to driving growth, and with the right leadership and teamwork, you can create a culture of success that will take your business to the next level.

In a recent Accenture survey of 570 CEOs, 89% revealed Chief Human Resource Officers (CHROs) should have a central role in ensuring long-term, profitable growth. That survey also indicated finding and developing talent was tied for the top business priority CEOs identified, and almost four in 10 CEOs said that finding and developing talent was their top focus for driving growth over the next three years.

In an article in Human Resource Executive, Dean Carter, Chief People, and Purpose Officer at Guild, shared his predictions about work and leadership for 2023. Click Here To Access The Full Article.

Here are three areas from Carter's article that business owners and profit-center executives need to pay close attention to:

1. Yesterday’s leadership styles will finally retire.

Carter said, “Human-centered leadership will prevail. Leaders who can project their own humanity—and reflect others’—will be most successful at attracting, retaining and developing employees.”

My Recommendation/Solution:

Improve leadership style awareness and work of leader skills for all team leaders.

The Work of Leaders® is a learning program based on best practices that connects leadership styles to real-world demands and assesses leadership skills that provide a clear path for action.

Click on the link below to access a short, 2 1/2-minute video that will introduce you to the Work of Leaders® process based on best practices that connect unique leadership styles to real-world demands and generate powerful conversations that provide a clear path for action.

Click Here to Learn How to Develop Work of Leaders Skills

2. Future-proof skills and career mobility will eclipse pay.

Carter predicts, “While compensation remains employees’ top priority, they also have their eye on the durability of their capabilities in a changing world. The opportunity to learn, grow and develop new skills is becoming an ever-closer second-place priority.”

My Recommendation/Solution:

Begin by implementing programs for all employees that will improve workplace communication and relationships such as Emotional Intelligence—which is now considered a core competency.

Click Here to Access an Informative Video About the Importance of Emotional Intelligence

3. The Work From Home revolution is here to stay.

Carter comments, “Many leaders who have been in the workforce for three decades or more wish everyone would just go back to the office. But as it turns out, we’re never going back to 2019. Some reasons include: The massive explosion in innovation and investment to support work-from-home collaboration and sharing. But, despite its popularity, WFH is far from perfect and poses some big strategic challenges, including how to reinforce positive community, culture, and collaboration.

My Recommendation/Solution:

Implement a team development process that empowers individuals to rewrite the traditional rules of teamwork. Help individuals develop the essential skills and behaviors to work effectively with others ​in the virtual workplace.

Learn More About Developing Virtual Teams.

As a result of the world’s unexpected and sudden transition to working remotely, workers everywhere are feeling challenged. Keeping up with today’s demands means adapting quickly.

Investing in your teams is investing in the future of your company, so it pays to get it right.

Click on the link below to access a short (76-second) video to learn how.

Click Here to Learn How You Can Develop Virtual Teams

Summary

Finding and developing talent is a top priority for many CEOs and has been identified as one of the most important aspects for driving growth in their businesses over the next three years. Talent can come from anywhere, but it takes leadership and teams to develop that talent into high performance. Talent is essential for any successful business, but having effective leaders and high-performing teams in place will help ensure you are making the most of your resources.

Talent is invaluable, but having a strong leadership team that have the skills and tools to make decisions in rapidly changing environments is critical for businesses to continue to grow. Finding and developing top talent will drive sustainable growth, allowing organizations to remain competitive in an ever-evolving landscape.