What are the benefits of professional development to a company?
The skills gap is an ongoing hot topic between business leaders, educators and politicians over the last several years. According to a recent study by Career Builder, a company on average loses more than $14K for every job that stays vacant longer than 3 months. Rather than waiting for the perfect employee to come along organisations will benefit by developing their staff to: increase retention; build confidence and credibility; make succession planning easier; reenergise staff and improve efficiency that will have a positive impact on the bottom line.
How important is communication to teamwork?
Any team should be greater than the sum of its parts. While it is important that individual members are highly skilled and technically competent their are a number of key attributes the every team should display: clear understanding of individual roles; awareness of shared goals; ability to display resilience under stress; ability to cooperate on a personal and professional level and the flexibility to handle whatever comes their way. Communication requires an awareness of what is right and measuring delivery to ensure messaging to the right team members at the right time.
The word management is used in many situations, but what does it mean in the context of the corporate world?
The organisation and coordination of the activities of a business to achieve defined objectives. This will incorporate machines, materials and money, but the key to any successful management will be the number one asset of the organisation, people. The practice of modern management originates from the 16th century study of low-efficiency and failures of certain enterprises, conducted by the English statesman Sire Thomas More (1478-1535).