Unknown v. Known
July 9, 2009
A new article in Fortune Magazine asks six top economic experts if it’s time to spend more of the allocated $499B stimulus money. So far, $56.3B has been spent with $157.8B immediately available. Out of the six experts, three said “no” and two said “yes.” The sixth refused to commit saying “it’s too early to tell.” What this proves is that no one — not even the country’s top economists — knows what lies ahead. Even more reason to look at what we do know: the American worker is the backbone of the economy and therefore focusing on how to increase levels of job engagement and employee satisfaction should be a primary recovery strategy.
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More than 1 out of 2 Employees Want Out!
July 8, 2009
A new survey out from Adecco Group estimates that 54 percent of the workforce want out of their jobs and will look for another the minute the economy turns around. For Gen Y, the number rises to 71 percent. These findings should set off warning bells in the C-Suite of every company from coast to coast. How can you expect to pull your company out of an economic depression if more than 1 out of 2 of your employees can’t wait to leave? Along with the “I can’t wait to leave” workview comes lack of commitment, little or no creativity and significantly less productivity. Only those companies who understand how the meaning of work is evolving and how it is reconfiguring the values of the American worker will be able to turn this negativity around.
Employees want to matter. Employees want to have a chance at the wheel and drive for a change instead of simply being passengers in the backseat–or worse–locked in the trunk where their voices are completely silenced. Look at who your employees are and how you can leverage their unique abilities to the advantage of your company. Leave the industrial age behind and create employee driven, process-centered environments instead of product-centered environments. When today’s employees are empowered to make an imprint on their environment, they will be clamoring to stay in instead of get out. Then watch how the end “product” becomes better than ever. It’s a lifeline out of these terrible economic times if companies would only reach out to grab it. Almost Famous rip
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Bill Gates Letter
June 26, 2009
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Today, Bill Gates posted his first letter as co-chairman of his foundation. He talks about the foundation losing 20% of its assets last year and cites a 1930 essay from John Maynard Keynes (Keynesian economics) that mirrors our current economic situation. One thing that I found interesting was that Gates said he would likely “make mistakes in over-applying some elements from my previous experience and will need to adjust.” In essence, I believe he is talking about the “mistake” of applying old business paradigms to an emerging new business frontier with all new values and principles–culturally and economically. The letter also has a lot of value in looking at the direct relationship between global health and economics. It’s a bit long but interesting nonetheless. You can read the letter here
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New Site
June 24, 2009
For anyone who has went through the process of redesigning (or designing) a website, you know that it is a long and nerve wracking process! For all of my return visitors, you can see that the site is all new — much more visual, more movement and lots of added content.
I was fortunate to work with Peter Spannagle of Your Custom Blog the music of cosmos vangelis
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to create a site that will stay relevant–something my own work is based upon–for a long time. That’s why it’s blog style giving me control to immediately update and add content to reflect what’s going on in the world of work.
Before the redesign, some of the older blog posts disappeared, so I’m looking forward to adding a lot of relevant (there’s that word again) new content in the weeks and months ahead.
Happy New Year!
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BOOKS
June 19, 2009
The G Quotient (Wiley & Sons, 2006)
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Kirk Snyder’s The G Quotient, is based on a five-year study into the beliefs and behaviors of more than three-thousand working professionals across major economic sectors. Over the last ten years, across-the-board levels of employee engagement, job satisfaction and workplace morale have plummeted in the United States. While most in Corporate America are baffled by this decline, Snyder undertook a long-range research project that has uncovered a unique exception to this trend in employee dissatisfaction.
The result is the identification of a new paradigm for successful business leadership—The G Quotient—that is generating thirty-five percent higher levels of employee engagement, job satisfaction, and workplace morale from Fortune 500 companies to entrepreneurial enterprises in all types of field and industries.
Snyder explains in The G Quotient why employees of white-collar gay executives are responding to a new ethos of business leadership with record high levels of job commitment. Whether managing teams of a few or a few thousand, The G Quotient provides all managers with vital information and insight about fully engaging the strengths and talents of today’s workforce.
Lavender Road to Success (Ten Speed Press)
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Since Lavender Road to Success (Ten Speed Press) came out in 2003, Kirk has received email from as far away as Iraq, where enlisted men and women have written to him about what it feels like to risk their lives daily while pretending to be someone other than themselves. Members of the gay community in India have written to talk about how being out in the workplace is unimaginable yet a lifelong dream. In the U.S., women and men have responded from all regions of the country to talk about the positive impact the book has had on their lives.
Lavender Road to Success proves that your sexual orientation can actually be a career asset when you understand how to place yourself in environments where your individuality is valued. In the book, you will meet forty-eight amazing women and men who have experienced great successes as well as failures in their professional lives. As a result of Kirk’s research and expertise as a top-rated university lecturer on the subject of career development and the state of the workplace in contemporary society, he developed a unique systems approach to creating a career that is worthy of your personal identity. Lavender Road to Success gives readers a proven roadmap to achieve their professional goals.
Small Business Depression
June 16, 2009
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Recession, crisis or downturn, small businesses are without a doubt experiencing an economic depression. A new report out by the National Federation of Independent Business found that the optimism index of small business owners is at its second lowest level in thirty-five years. Most depressing to me is that these entrepreneurs represent the heart and soul of our economic reinvention. They have the ideas and drive to create the type of innovations that will change our world and also create the next big corporation that will employ thousands and thousands of Americans.
Trying to survive by selling off inventory, laying people off, cutting hours of operation and foregoing any new capital investment in advancing their products and services, the future economic loss due to what is clearly a small business depression is immeasurable. In terms of coming back from the brink, entrepreneurs need some serious economic stimulation. Today, President Obama announced plans to target $15B to buying up small business loans in an effort to encourage banks to once again invest in entrepreneurs. This is important because ending the small business depression is about much more than tax breaks. It’s also about refocusing our attention from a top down mentality. After all, some of the world’s greatest innovations were born in garage-based start-ups!
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Democratization of Boards
June 7, 2009
A very interesting and timely piece in NY Magazine this past week by Roger Lowenstein titled, “A Seat at the Table.” It’s about the new SEC proposal giving stockholders a voice in who runs the companies funded by their hard earned investments. This move toward a “democratization of the board” is simply another indication that access to specialized information in the knowledge era is changing the dynamics of the business playing field. It’s a great idea and you’ll hear loud cries from CEO’s who don’t want any controls–much less oversight–placed on out-of-control spending. We’ll see what happens as this proposal moves forward. My guess is that the investor will win because it is simply part of the evolution of the world of work.
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What a Difference a Day Makes
February 4, 2009
The new federal limits announced today on executive pay are just one more indicator that the old world of work is evaporating forever. Adding more fuel to the restructuring of power and influence in the American workplace, compensation limits will ultimately contribute to the development of more employee centered organizations and prove to be good for business. Why? Primarily because it will lead to higher employee motivation and job engagement, which in turn produces greater innovation, commitment to excellence and profits.
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Photo Gallery
January 15, 2009
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On Wall Street
GEN Y
January 15, 2009
In addition to his current project, Kirk’s 2005-2009 research on the professional beliefs and behaviors of Gen Y professionals is one of the largest undertaken and was the basis for the first ever Workplace Communication Summit held at the University of Southern California in the Fall of 2008. Planet of the Apes movie download Slaughter
He is currently working on a documentary highlighting the radically different workview of Gen Y as well as providing management training programs to assist companies and managers to fully understand and incorporate all of the vast potential of what is currently 40 million employees between the ages of 21 and 31.
Read two of Kirk’s articles on Gen Y in the workplace at Huffington Post.
