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Showing posts from 2022

Leadership and management: Two key organizational roles that are not synonymous

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  Leadership in aspirational organizations is beyond the common branding of a charismatic, passionate, and innovative entrepreneur. The skills to lead, direct, teach, and inspire others in a business - is something that should permeate a business. As organizations grow, their aim is often underestimated by a leadership deficit. The gap between potential and performance, however, could be bridged by addressing this concern straight through earmarked capability-building programs.    What every leader must know about organizational management Business leaders must understand that putting their attention on time-tested, practical topics that have proven to bring results; hence success is more important than chasing the next shiny object.    The key differences There have been many roles around leadership and management that seem almost impossible to determine what advice, best practices, or tactics to follow. The role of a manager is to focus on bringing company and predictability to intr

The gravity of training and development in a business

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Training and development are essential functions in today's ever-changing and fast-paced business world. Training and development, unfortunately, have yet to be given the priority they deserve by most organizations and their people in the lead. There's an enormous value in organizing training and development sessions for your people. Training enables executives at all levels to acquire new skills, perform better, sharpen existing ones, improve productivity and be better leaders. Since an organization is an amalgamation of what your people achieve individually, the company must do everything possible to ensure that everybody performs at their peak.    Here are why training and development should be integral for all organizations regardless of their sizes or nature of business.    New recruit orientation Training is specifically indispensable for new joiners. The program could be organized by a trainer from within the company or by an external source who has earned many fe

Key elements of an effective leadership skills development program

The corporate leadership training market value is projected to become a USD 18.59 billion industry between 2022 and 2026 - according to the report by Technavio. The year-on-year growth value of 2022 is projected at 7.87%.    The arising of gamification in corporate leadership training is one of the key market trends that is supposed to influence the industry positively during this forecast period. Intense competition, however, amongst the vendors might disrupt the market growth.    Training and development The corporate training market is led by factors such as the emanation of cost-effective e-learning training modules. Most companies choose to adopt cost-effective and innovative ways to train their employees. The training services vendors offer solutions, systems, courses, and technologies at affordable costs to businesses of all sizes. The transition from traditional training to customized and digitized training helps organizations save employees' working hours. In additio

Empower leaders with leadership training to be resilient and adept at problem-solving

Leadership training programs are key to business leaders and managers because they are crucial to surviving a tough economy. With the help of an effective leadership development program, positive outcomes are likely to be achieved: Business leaders and managers learn strategies that help them drive business growth in the most efficient manner. Build a positive workplace that can help everybody grow professionally and personally both. Develop effective leadership teams that can accomplish any project deadlines with accuracy and quality maintained. Leadership training programs help corporate leaders and managers gain a deeper understanding. Leadership management courses give insights into the external and internal operational environment. They also provide managers with a clearer understanding of how organizational training helps leaders and managers address the challenges that exist on the premise.    Leadership training programs help leaders and managers ensure better talent

Leadership skills training programs: Find new and innovative ways of managing your people

The best way for managers at all levels to boost their professional capabilities, motivate their teams, and achieve excellent business outcomes is through leadership and management development training. Leadership and management development skills inspire leaders and managers to: Find innovative and new ways of managing their people Develop effective business opportunities Handle bigger societal challenges  Below are the key advantages of leadership and management development training programs:   Your managers will be able to delineate and implement effective leadership strategies. Your managers will develop the skillsets required to improve their team's work productivity. It will also help your managers reduce employee turnover and maximize engagement, creating a united and strong team. It will also help them recognize and refine your leadership style. Your managers will be able to develop their communication skills, master the art of negotiation, and inspire and man

Training and Development will make you a Tactful boss

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  Why is tactfulness a necessity in leaders training?   One of the hallmarks of a good boss is their work ethic and diplomacy skills. A good boss can reduce highly stressful situations to learning curves. A good boss has the ability to make uncomfortable interactions better. In the study of 15,000 managers and professionals, 41.8% of the people said that tactfulness is one of the top skills of any manager and leader. If a leader is tactful, it means that there is a possibility to learn, which is also related to being thoughtful and empathetic. In a Utopic environment, leaders will spend a lot of time coaching and encouraging while communicating with their employees. In the real world, these skills are deficient, and that is why we need training and development to increase performance and morale.    Training and Development for Tactfulness     Leaders training focuses on how best to increase diplomacy skills that are centered around an understanding of other people and being sensitive

A company that provides opportunities for additional skills training is more attractive to 76% of Millennials

  Training and Development a necessity for Millennials     Most employees value a learning environment and will stay a long time in companies that invest in education. 76% of Millennials believe that a company providing additional skills training to the staff is more attractive. Most employees do not want to be bogged down by work but also value free time to increase and invest in skills development. Workers want to feel that the company cares for their well-being. Empowering your workers is one way to reduce attrition rates and organizations that have low-grade onboarding processes. These companies are twice likely to experience employee turnover. Most companies would like to attract the correct talent with the help of the hiring process. However, the investment of time and money does not end at the hiring process but continues with regard to onboarding and training. According to a Gallup report, 60% of Millennials are open to new job opportunities, and 50% want to become entrepreneu

Embracing leadership and management culture will only accelerate the growth of your people.

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  Blame the pandemic or thank the pandemic, businesses have largely and successfully started adapting to the new ways of working. They have welcomed remote working while restructuring their supply chains. Although all of this has been necessary to settle in the post-pandemic times, it's still not enough.    In order to be prepared for the post-COVID-19 era, you as a leader need to do more than just fine-tune your team's routine tasks. Your people are eagerly looking forward to being future-ready, hence are willing to reroute how they operate and reevaluate why they exist. Put simply; leaders should take a step back, breathe and reconsider a larger perspective.    The pace of change is speeding up as the business landscape is more fluid today than ever. Therefore, the need for speed is acute. However, this speed requires to be instilled into your business operations. You, as a leader, need to acknowledge the fact that businesses with a firm sense of purpose tend to outperform th

2017-2021 leadership development market growth versus 2022-2032 growth forecast

 The words of Helen Keller, “Alone we can do so little; together we can do so much,” are enough to summarize the importance of teamwork in personal and professional lives. When evaluated in a corporate setting, the impact of teamwork is unmatched and can help you achieve desired business results. However, effective teamwork has a 2017-2021 leadership development market growth versus the 2022-2032 growth forecast.    Leadership and management training programs are L&D programs that help professionals work on their leadership skills to excel personally and professionally in their roles and company. These training programs facilitate several key benefits, such as improving productivity, better decision-making, building better teams, and training future leaders.    Attributed to this, leadership and management training programs have been gaining popularity across the corporate sector for training key people in the organization, such as employees, managers, senior executives, and o

Indian staffing sector draws 0.22 million workforce in 2021-22

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  The Indian staffing sector has successfully drawn 0.22 million workforces over the past two years, which is 21.9% (source: Economic Times) higher than the standard workforce addition in 2021. According to ISF Annual Report 2021-22, for general staffing, the net new employment grew 21% more with the addition of 0.15 million workforces when the rest was in professional and IT services.    Amidst the steady growth of the general staffing industry, the temporary staffing market has also shown notable growth over the past few years. Put simply, the staffing sector is poised to create a giant leap in the future. The staffing industry has grown at a rate of 20-25% a year over the past five years, and it's not even remotely demonstrating any signs of slowing down as yet.    Be it general staffing or temporary staffing, the process for both involves sourcing the candidates with the best skills, personality, and experience analysis to see if they fit the job. It involves a series of assem

Leadership training program: Remodelling the operational means of your organization

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  So, what exactly is going on? Why, despite all the research, energy, and talent put into this field, is it that we still miss the mark when it comes to reskilling and upskilling the leaders' abilities? Let's understand the ways we could make leadership training programs a robust tool when it comes to driving performance. Upskilling leadership qualities is crucial, especially in a world that lacks effective leaders who are both inspirational and competent.    Leadership training programs can be a significant driver of business strategy: here's how   We all are aware of the fact that training is part of a broader transformation process. It should be firmly and explicitly embedded within your business' strategic imperatives. It's your business and competitive strategies that decide not only where your organization aims to go but also what actions to be taken on the talent and structural levels. An important action is ensuring that leaders develop and grow in ways th

Exploring the Relevance of Coaching in a Workplace Scenario

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  We all experience highs and lows in our professional lives and seek proper coaching to guide us in the right direction. With the support of adequate coaching , it would be easy for disgruntled employees to stay connected and perform at their optimum level. Organizations are employing professional coaches that can guide employees in their careers and resolve their workplace doubts to eradicate resentment. By engaging in crucial coaching conversations, managers or leaders can inspire, engage and encourage employees to deliver their best in a corporate environment. Let us discuss how coaching can make a positive impact professionally.     Advantages of Coaching at the Workplace   The hallmark of any effective coaching program is that it is personalized and customized to suit the needs of a company’s workforce. These coaching programs are further divided into in-groups and individual training to fulfill specific business objectives and meet the demands of the company’s workforce requirem

Leadership training program - Making effective leaders in organizations

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  Leaders are the type of people in a company who always lead from the front and guide their teams and organizations. Great and effective leaders motivate and inspire their people to bring out the best in them and push the company's growth to the next level. Effective leaders are persistent and distinctive as they, all their careers, have been inspiring and motivating people to attain business goals. Hence, to create effective leaders, it's critical for all organizations, irrespective of their operational size, to conduct leadership training.    The following are the 3 key advantages of leadership training if or when it's conducted effectively:  Nurture effective future leaders - One of the significant advantages of conducting leadership training is that it ensures opportunities to cultivate more and more effective leaders for the future of the organization. Nurturing effective leaders proves to have supported pathways and succession to many other members of the team who

Leadership Training Program: An Important tool relevant to all employees

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  Why leaders training an essential function of the organization?   A leadership training program can help different business organizations to thrive and implement opportunities successfully. Leaders need training too. It is not easy to understand the source of motivations of team members with respect to situations. To become effective leaders, training programs are crucial to help employees reduce stress and increase their ability to change their behavior according to situational demands. Leadership training programs are an initiative taken by an organization to train its employees in leadership skills. These training programs can be held virtually or face-to-face. An individual taking up a leadership role might not be essentially equipped with the skills and capabilities. It is the basic responsibility of the company to provide the right training modules for the employee to understand how to best utilize the skills concerning the team members.    Benefits of Leadership Training Prog

Companies with leadership training and development programs enjoy a 218% more profit inflow

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  According to the Association for Talent Development, organizations that provide holistic training and development programs enjoy a 218% more profit inflow per worker than organizations without a formalized training and development program . However, this never stops there. All these organizations also take pleasure in a 24% higher profit margin than those who spend little or none on leadership training. It now seems that continuing to invest in leadership training and development programs, even when there are economic falls, is always the smart play.    Leadership training and development programs increase employee productivity, which in turn is driven by the skills development made possible. As every piece of evidence points out, leadership training and development is one of the essentials that an organization should incorporate into its system to improve productivity.    For instance, a study by the National Center on the Educational Quality of the Workforce has revealed that growt

Nearly 71% of businesses feel a leadership gap exists - hence considering leadership training

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  Effective leadership and management training is crucial to improving your performance graph. Organizations with robust leadership and management training cultures have proven to have generated 3.5 times more shareholder returns.    Effective leaders, who have been able to lead themselves, can lead others and their organizations better. With demonstrated leadership and management learning journeys, your organization can be integrated into a vast range of milieus from mergers and acquisitions to supporting innovative ways of working to initiatives driving cultural change.    What does leadership and management training do?   Leadership transformation - It helps unleash personal mindsets, hence capabilities required to stretch a leader's ability to grow themselves, their teams, and the organization to grow more effectively while sustaining transformational impact. Management - It's essential for entrepreneurs to consider the development of foundational leadership skills for

Without Effective Leadership and Management, 79% of employees will quit!

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  Why is effective leadership and management necessary today?   Let us look at some of the important statistics in 2020 to understand the importance of leadership and management.    Without proper motivation and appreciation, 79% of the employees will quit organizations in search of other opportunities. This will increase the workforce gap and reduce the productivity of the company.  Engagement with work is one of the important factors that drive productivity. In the current business sector, 78% of business leaders believe that the focus should be on training individuals to increase engagement. Only 10% of people are national leaders, and the others require leadership and management training to enhance their skills.   Leadership training is an important aspect of business today, and in the United States, more than 160$ billion is spent on leadership development every year. In India, the changing business landscape, which includes a hybrid working model, makes it imperative that the yo

Reinvent your role as a leader in this upskilling and reskilling time

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  To ensure continuous learning in the workplace, you must think and act as an effective leader.    Enabling a learning culture in the workplace should become the new normal if you want your organization, along with its workforce, to stay ahead in the game. This new normal poses more demands than ever on the leaders to play a new role, i.e., learning facilitator-in-chief.    The new-age business leaders must adapt to the emerging dynamics of mindsets and behaviors to meet their team's and the organization's needs. It often gets challenging to learn new things, especially when you have reached a certain age and professional growth.    So, how can leaders or managers foster a workplace environment where employees' psychological safety is ensured?   Here is a look at the top tips on how to ensure a learning culture in the workplace using leadership and management training programs:   An effective leadership and management training program help leaders and their people: Look

Rise to challenges in the post pandemic era with leadership development program

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  Why we need a leadership development program in the changing business sector   The market is always changing, and leaders should be capable of living up to the challenges successfully. Teamwork is an important aspect in the post-pandemic era that thrives on positive work culture. The new workforce consists of Millennials and Gen Z, where 169% of millennials are concerned that the workplace does not help them develop essential leadership skills. In the business sector, 82% of companies believe that it is important to develop leadership skills, And this is where leadership training program helps build leaders equipped with the knowledge of the evolving business industry.   Tackling the change with Leadership Training Programs -     The pandemic has had an immense effect all across the business sector, and corporate leaders must understand the importance of evolving and adapting to the new reality. The change calls for all industries to redefine what leadership means and how leaders sh

90% of Employees Agree that Training and Development Programs Improved Their Performance

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  Why do we Need Corporate Training?   The International Journal of Business and Management research showed that almost 90% of employees agree that training increases their performance. Leaders training is a great way to reduce hiring costs and enhance the quality of the workforce. It can help improve young talent and prepare them as future leaders. Job satisfaction and employee engagement are two main factors in relation to workforce turnover. An effective corporate training program can fill the human resource gaps in the company.           Training and Development Programs can Build a Good Reputation   Leaders' training programs can help to meet several manpower staffing issues in the company to create unity and help strengthen the brand image. Training and development programs can increase the quality of leadership that will improve business operations and develop workforce capabilities. Leaders are the representatives of the company, and an effective leader will increase the

How can Temporary Staffing Help You Recruit the Right People for Your Organization

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  Understanding how temporary staffing services have shaped the industry is all you need to know to make a smarter decision. Here’s a hint, staffing services deploy staff based on the needs and requirements of the company to achieve optimum business results. Role of Temporary Staffing in an Organization Every industry requires different kinds of staff with diverse expertise as per the various niches of the industry. Often, it becomes a massive task for companies to look out for these employees independently without reliable employment agencies near me or at any other location. Many of the staff they recruit lack the skill they are looking for. At the same time, temporary staffing services offer the right staff based on the crucial insights from their research-intensive and large databases to make the right choice. Importance of Temporary Staffing Services They not only help you refine your staffing requirements, but they also help you with your temporary goals and needs. It is all pos

How are HR and Business Productivity Solutions Crucial for Your Organization?

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  Business Productivity Solutions can range in various forms of services that they provide depending on different companies. You may come across web-based technologies that can enable you to dramatically improve your operations and provide productive solutions as to how you can run your business. If you consider yourself a good candidate, you should be wise enough for your business succeeds by looking into increased market share and religiously pursuing cost reduction. It can be done by enhancing the efficiency of your workforce and providing the best customer services to build your reputation. You see, these solutions could be based on software or business-specific, having custom-based developed applications. Therefore, to know what services suit the best for your business, you must be able to enhance your productivity by choosing the right business productivity solutions. Role of Business Productivity Solutions in Organizational Growth You will be amazed to know the services these s