Treat Your People Like Gold Nuggets!
Colin Thompson
Managing Partner Cavendish/Author/International Speaker/Mentor/Partner
The biggest question facing company leaders at the moment is how to avoid the people boom and bust cycle. Many companies globally are suffering from downsizing, then we right-sized and now many companies are capsizing-our people and their skills are at the heart of this.
Treat your people like gold nuggets or lose them! Remember, `Building a Winning Business/team takes passion, stability, cash, time, happiness, freedom to diversification and a team of people = Success`.
There are two basic reasons key people stay in a job;
- It is interesting.
- They are valued.
To survive we need to make sure we manage to accomplish both of these reasons and I mean both, if we do not, they will leave to join a company that do care.
Below are the top actions to take to move away from the `rollercoaster` ride we have built ourselves over the last decade.
- An emphasis on inspiration, skill and personal development is vital. Please note, I write inspiration, not motivation-inspiration comes from within. People will only ever do something to the best of their ability for one reason and that is because they want to. We have to inspire a huge want.
- Be aware of why people are joining you (as well as why they leave)-is it really salary? Location? Security? Play on reason. Increasing its profile in future campaigns. Ask your key people why they stay with you and, do more of it- most of them do not stay with you for money. Train Directors and Managers in people skills, if not we will see many changes!
- Now is the time to invest in home-grown talent and in people retention. Continue to demonstrate people are valued all the time, not just when they are in short supply. Otherwise you will find it very hard to attract people to join. Address cultural change, skills and personal development. Stop making excuses and put this in place now or you will not survive.
- Contractors still have an important role to play. Now is a good time to decide which skills should be kept in-house and which can be outsourced-be absolutely clear on this in every day operations and over time you will avoid the contractor reliance that seriously hurt many IT departments in the past. These are tough decisions but they must be made and you must drive forward.
- Ensure you have a skills/staff database in place, especially if you are Increasing permanent staff. This is crucial if you want to avoid realising you had contractor reliance (IT) -after the contractor has left! Disappearing skills is one of the main legacies of companies after a recession-are you serious about remaining competitive? Prove it by taking action.
- Work with your HR team to develop a new people strategy that meets the real needs of your company and people in the next two years. I know that HR departments focusing on people may seem a contradiction in terms, but they must do and so must you. Without the `right people` you will not Survive.
- Transform your culture and let people determine their own salary increases. At the very best, reverse `performance related pay` syndrome and have people score themselves, justifying that score. (There will be the usual jokers who score top marks for everything? Fine, go through each one individually and ask them to justify it!)
- Finally, and most crucially, everyone is an individual and we must value them as such. Any leader who can truly recognise people's different strengths, within the overall vision of the team, is taking a huge leap towards creating one of the unstoppable teams of the future.
Do not forget experienced people of any age will be inventing a powerful future, only if we all recognise that age is not the answer. But we live and die by our ability to be successful for all.
It's in your hands-your people need you now. Everyone is clear about one thing-we all talk about it, write about it, and agree with the fundamental premise. Namely, people are your company's number one asset, and in tough times, your key people are gold nuggets. Now is the time to demonstrate that in practise-in your leadership style and company.
People = Performance = Productivity = Profit
How do you treat your people?
The next step is to take on board successful solutions to help you below;
`Formula for Success` by Colin Thompson - Foreword by Karl George OBE
https://www.amazon.co.uk/Formula-Success-Colin-Thompson-ebook/dp/B0058J0BEI
`Quantum Leap to Success` by Colin Thompson - Foreword by Sir Maurice Donn
https://www.amazon.com/Quantum-Leap-Success-Colin-Thompson-ebook/dp/B0058NWZIE
"Two little words that can make the difference: START NOW."
Fresh thinking requires a vision to see beyond the conventional. When you combine excellent quality with outstanding value for money you will begin to realise the full potential of creative and well presented business solutions. Together, the sky`s the limit. Have passion to learn and let the knowledge help you to be successful in life.
What are your plans?
Also, to help you become more successful please take on board these powerful publications that show you the way to be successful in business and in life as follows:
To help you succeed in your journey for success please take on board the comprehensive publications:
`Accelerate with Impact` - ISBN: 978-1-84549-289-2
https://www.amazon.co.uk/Accelerate-Impact-business-personal-growth/dp/1845492897
and
`Create Your Own Success Story` ISBN 978-1-84549-260-1
https://www.amazon.co.uk/Create-Your-Own-Success-Story/dp/1845492609
Plus, others to bring success for you - see below;
`The Key to Success Strategies`
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`Formula For Success`
https://www.amazon.co.uk/Formula-Success-Colin-Thompson-ebook/dp/B0058J0BEI
`The Guide to a Successful Interview`
https://www.amazon.co.uk/Guide-Successful-Interview-Colin-Thompson-ebook/dp/B0057ODQFA
`The Hidden Overhead`
https://www.amazon.co.uk/The-Hidden-Overhead-Colin-Thompson-ebook/dp/B0057PO018
`Recession - Busting Solutions`
https://www.amazon.co.uk/Recession-Busting-Solutions-Colin-Thompson-ebook/dp/B0057XV9R8
`Growth Blueprint for the Business and Individual`
https://www.amazon.co.uk/Growth-Blueprint-Business-Individual-Thompson-ebook/dp/B0066RKQUK
`How to Grow Your Business - The Reality`
https://www.amazon.co.uk/How-To-Grow-Your-Business-ebook/dp/B0057Y6094
To building strong relationships, this is your future for success...
Makes all the difference......Enjoy Your Journey...
Have fun, learn heaps, and remember life is all about commitment, have the right attitude to make `your` own success in life with others!
May all your success be fun and may all your fun be successful!
Make 2018 AND BEYOND to `Manage your Goals for Success`...
Now go and be successful and appreciated.
Are you programmed for success?
How are you developing your character for Success and Happiness?
Now go and be more successful.
Sharing information from many sources for your success
About the Author Colin Thompson
Colin is a former successful Managing Director of Transactional/Document Manufacturing Plants, Document Management/Workflow Solutions companies and other organisations, former Group Chairman of the Academy for Chief Executives, Non-Executive Director, Mentor - RFU Leadership Academy, Mentor - Coventry University, Mentor - The Chartered Institute of Personnel and Development, Business Advisor NHS Deanery, author/writer Business Advice Section for IPEX, Graphic Display World, News USA, Graphic Start, plus many others globally, helping companies raise their `bottom-line` and `increase cash flow`. Plus, helping individuals to be successful in business and life in general. Author of several publications, research reports, guides, presentations, business and educational models on CD-ROM/Software/PDF and over 4000 articles/reports and 35 books published on business and educational subjects worldwide. Plus, International Speaker/Visiting University Professor.
Strategist | Mentor | Speaker | Author
DDL: + 44 (0) 121 247 4589
Skype:colin.thompson384
ETHOS
INTEGRITY is non-negotiable
EXCEED expectations
CHALLENGE conventional wisdom
RESPECT for all