The hiring of top-quality staff is the most crucial part of any leader’s job. The rest of the job is more straightforward for any leader once they have hired the best candidates for each position. In practice, this process is not as easy as it looks on paper for various reasons. Hiring people is one
In my varied career as a culture change professional, I’ve had the great pleasure of being involved in several large scale property projects. The idea that property projects and culture change are somehow linked would have once surprised me – perhaps it surprises you. But it doesn’t surprise me any more. Designing and moving
Employee retention refers to the ability of an organization to retain its employees. Each company and industry has a varying retention rate, reflecting the percentage of workers who remained with the organization for a fixed time. Many consider employee retention strategies as relating to the efforts by which employers attempt to retain the employees in
The ongoing COVID – 19 pandemics has made it tough for businesses to make decisions. This because so much uncertainty surrounds the business-operating environment. Decision-making is the thought process of selecting a logical choice from the available options. When trying to make a good decision, a person must weigh the positives and negatives of each
Last week I shared the challenges related to collective bargaining. This week I will focus on the strategies that can be used to deal with some of the challenges. Collective Bargaining is supposed to contribute to productive, stable and sustainable commercial operations. Collective Bargaining at the NEC level sometimes takes too long. Bargain at the
An Interview with Dave Ulrich on how HR can help the Business win in the Market Memory Nguwi caught up with Dave Ulrich to discuss pertinent issues facing the human resources profession, specifically how HR can add value to the business. Questions Memory: How do you measure the performance of the HR department in an
One of the most important assignments for any Board of Directors is to hire the right CEO and the right supporting executives. This is not an easy job. Most boards are left frustrated after completing the processing of hiring the CEO. The frustration stems from the fact that the person fails to deliver as expected.
Deciding what to pay Non-Executive Directors is not an easy task. The Executive Management and remuneration committee members need to be careful when recommending NEDs fees. The likely impact of paying your Non-Executive Directors below general market practices is that they will rarely commit themselves to the business of the organisation. The dilemma is that
In an article published by Harvard Business Review, they studied 356 U.S. companies from 2000 to 2010. They measured CEO tenure and calculated the strength of the firm-employee relationship each year by assessing things like retirement benefits and layoffs. The strength of the firm-customer relationship was also assessed by evaluating things like product quality and
The OECD defines country or national competitiveness as “the degree to which a country can, under free and fair market conditions, produce goods and services which meet the rest of the international markets, while simultaneously maintaining and expanding the real incomes of its people over the long term.” In order for Zimbabwe to achieve the
