At a recent Graphic Communications Leadership Institute (GCLI) Workshop (gcleadershipinstitute.com), the subject of individual assessments came up. While there are many to choose from, all agreed that these can be helpful and in ways beyond assisting in the hiring process.
“The toughest decisions in organizations are people decisions-hiring, firing, promotion, etc. These are the decisions that receive the least attention and are the hardest to un-make”, according to renowned management expert Peter Drucker.
I recently read with great interest a front-page article in The Wall Street Journal about credit card debt reaching an all-time high. Several factors have contributed to this trend, including challenging economic conditions. But there is more to the story.
As if there isn’t already enough on CEO’s minds, (especially CEO’s who hold an ownership stake) it seems there is yet another role for them to play. I call it CEO: Chief Education Officer.
Enduringly successful companies recognize that their greatest competitive advantage lies in their people and in their winning culture. Since these are two items that are difficult for the competition to copy, time, effort, energy and yes, dollars are allocated directly toward building and sustaining both.
One of the most enduring challenges facing businesses is the development of the next level of supervisors and managers. I often hear from executives who are frustrated by the need to step in and handle management challenges, particularly those involving the performance and behavior of their people.