Author: Caribbean HR Solutions

It’s that time of year again when we make dietary promises and resolutions that we probably won’t keep. It’s also the time when employees are hopeful, expectant even, that management will open the coffers and give a nice fat Christmas bonus for all their hard work.

But not so fast!

HR professionals have changed the game with the implementation of systems of appraisals and evaluations. In the new game, it’s metrics that primarily determine if, and how much, an employee will receive. Going are the days of equitably sharing a percentage of net profit among the troops.

But it’s Christmas, and if you can’t wish for the best, then…

Celebrate Good Times

For many employers of choice, it’s both a time for reflection and recognition. There are the customary staff awards and parties, sometimes a message from the CEO about how the company is doing and possibly a teaser about exciting developments on the horizon. It’s also a great opportunity to reinforce the message about how critical their performance has been to the overall success of the company. In short, it’s a great time for the CEO and senior management to shine while paying homage to the actual stars, their employees. Through investment in their assets, tangible and human, organisations lay the foundation to reap profits, especially as it relates to improved customer service delivery levels, which can in turn translate to sustained profitability. In the end though, especially in blue chip companies, though employees want recognition for their contributions, they also want to own a piece of the enterprise in stock options, shares or playing more critical roles via promotions and partnership. And what better way to celebrate success than to share it with those who help create it?

Many Happy Returns

Feel-good factor aside, the realities of a rapidly evolving local and global economy dictates that leaders are always in planning mode. ‘Adapt or die’ is more than just a popular cliche; it’s a rallying cry that when worked into the DNA of the company’s culture, challenges team members at every level to bring their ‘A’ game all day, everyday.

This all sounds great in a general or department meeting. However, unless employees also inform new innovations and strategic decisions via an open-door policy environment that encourages asking difficult questions and positively disrupting the status quo, companies won’t realise their full potential and likely end up losing some of their stars to their competitors. In addition to having a system to funnel ideas and suggestions to improve the company, some firms take it to another level by hosting full-on inspiration conventions to fuel friendly competition and discover the next big thing or star. So even though Christmas is the time to celebrate everything family, a culture of year-round recognition and engagement is possibly the most sustainable way to generate happy returns for the bottom line and team morale.

Until next time, leaders keep lookin’ up!

http://www.jamaicaobserver.com/career-education/-tis-the-season_182217?profile=1270

Slowly but surely, we’re progressing from the days when years of service or tenure in a position served as proof of an employee’s value to an organisation. Those were the days when clocking your hours, coming in early and leaving late proved you were the ultimate team player, willing to sacrifice for the cause. Fast forward to the present when proficiency is measured by analytics that show an individual’s actual contribution to the company’s bottom line. To be able to effectively gauge a team member’s net worth means creating objective measurement tools, essentially a system of evaluation or appraisal. This is where the human resources (HR) professional leads the transition from promotions and recognition going to the boss’ pet or office favourite, to the most deserving employee.

Danger! Don’t exclude formal assessment

The practice of using subjective and personal metrics to promote team members does continue in many smaller organisations, as the CEOs may not have the benefit of a human resource manager to support the formal alternative. However, they are realising that they exclude formal evaluation procedures at their own peril. Impulsive or personal decisions often have a way of backfiring when the person is not the right fit for an elevated position. Much like the succession planning paradigm we discussed in the previous article, managing up (or out) requires careful planning and execution over a period of time. The principle of hiring slow and firing fast also applies here, in the sense that we deliberate and assess carefully before selecting the next leader in the organisation value chain. Note though, that the opposite applies to managing out team members who no longer add value to the company. To be clear, that could simply be due to them having aspirations that your firm no longer satisfies. So a mutually beneficial separation may just be ideal.

Manager or Leader

Many senior management personnel still don’t fully appreciate the difference between managing and leading. Some confuse passive aggressive behaviour for being firm or decisive. The unfortunate reality is that often these managers mean well but can’t differentiate between telling and showing; giving someone a fish or teaching them how to snag those elusive water dwellers. Ok, enough with the analogies. The point is this: for any blue chip organisation intent on hiring and keeping the best and brightest in their ranks, they must develop systems to track and train not just the obvious leadership candidates, but everyone in the company must be able to see a path to upward mobility to create a truly level playing field. To do this, leaders must start in the mirror by assessing their management and interpersonal relationship styles and critically gauge if they, themselves, are part of the problem. Thereafter, by taking responsibility for their role in the process, they can more authentically engage their peers and charges in meaningful conversation towards determining the best prospects for leadership positions, and quite honestly, which employees have run their course in the new and improved version of the company. Failure to have this ‘Kum ba yah’ moment may eventually lead to managers themselves being managed out of the organisation.

Until next time, leaders keep lookin’ up!

http://www.jamaicaobserver.com/career-education/evaluation-versus-adulation_181048?profile=1270#disqus_thread

The legacy of the garment manufacturing industry which was buoyant in Jamaica in the 1980s and 1990s is that it created the perception that all outsourced business process services are created equal. Nothing could be further from the truth.

It is a fact that the core purpose of the outsourcing industry is to find more affordable labour markets to perform critical business functions remotely. This is done because it is usually more costly to provide those services in the company’s domicile country. However, a lot has changed with the evolution of global services, the style in which the industry is now being re-branded.

The Call Centre Stigma

With the enduring reputation of call centres in the minds of jobseekers, even blue chip employers of choice in the global services sector have to work on positioning their brands as premium service providers. Multinational corporations like Xerox, for example, have to continuously market themselves as innovation leaders, not mere cheap labour managers. This is where recruiters and human resource professionals have their work cut out for them, because a big part of that effort is engaging tertiary-level graduates at job fairs and pre-qualification information sessions. For, when attorneys-at-law, engineers and medical professionals are full-time employees for Fortune 500 companies operating in the business process outsourcing space, it is a clear indicator that high-level skills, as much as flexi-hours and virtual offices, are the new normal in this New Work Order.

Speaking of virtual offices, on Thursday this week — November 7 — the Business Process Industry Association of Jamaica (BPIAJ) will be facilitating the Global Leadership Summit in Montego Bay with a combination of virtual and live presenters. This type of innovation is proof positive that perspectives in how and where we work are evolving with our needs to be active and productive participants in a truly global community.

Perception vs Reality

Nearshore Americas, one of the region’s leading information sources for the process outsourcing sector, recently conducted work environment and salaries-based surveys in several companies based in Jamaica. Generally, the information revealed that a large percentage of the employees surveyed expressed comparative or high levels of satisfaction where working conditions, benefits and the overall compensation package is concerned. Some referenced the opportunity to make extra money by meeting quotas and qualitative targets and that they benefitted from savings made via lunch subsidies and health care benefits.

The reality is that average global services workers have higher starting salaries than their peers in similar positions. Additionally, the rate of ascension through the ranks via promotions and performance-related bonuses is even higher. Companies that perform analytics and provide trend insights affirm that the probability of promotion to supervisory and management levels in the outsourcing industry far outpaces the rate in traditional sectors. It’s no wonder workers employed to firms keen on keeping them happy and fully engaged in a holistic work culture tend to stay and grow their résumés and net worth faster with a proportionally rewarding working environment.

So, while it’s not all about the money, statistics prove that if it were, as a career path to upward mobility and financial independence, the average worker has much better odds in the global services sector than most other industries.

Until next time, leaders, keep lookin’ up

Read more

http://www.jamaicaobserver.com/career-education/show-me-the-money_178682?profile=1270

All indications are that Jamaica is trending upwards economically — from being ranked 7th in the world on the most entrepreneurial country index in 2015; being awarded a second time by Bloomberg as the world’s number one performing stock exchange, in 2018; and being rated as the 6th best place to start a business globally in 2019 by the World Bank’s Doing Business Report. It’s little wonder investors are eager to plant financial roots in Jamaica. But macro-economic optics aside, is all this foreign exchange and economic activity trickling down to the factory floor and into office cubicles?

Rising Tide Raises All Boats

It’s natural for employees at all levels to expect a salary increase when the company they work for flourishes. So when all factors point to a growing industry and sustained company profitability, human resource personnel get frequent nudges about opportunities for promotion and increases in basic salaries. It’s important for leaders to recognize that frank and frequent conversations must take place with their team members to prevent alienating them, and to be in control of the narrative. Simply put, perception is often reality, especially for the so-called average worker at the bottom of the corporate totem pole. Quite often, as HR professionals we do more mediation than team-building because organisations allow the communication gap to create an ‘US vs them’ internal stand-off, which is never good for manager-employee relations, or for business. Employers of choice ought to make it a priority to have an open playbook in place that clearly outlines paths to professional development, upward mobility, and succession planning if they intend to keep their employees fully engaged and committed.

The sad reality is that inflation always seems to win. The true value of money erodes faster than the rate of increase in average salary levels and the cost of living, so to the majority of workers it can often feel like being on a treadmill where running as hard as you can still doesn’t get you closer to your financial goal. More and more companies internationally are awakening to the new mindset of the modern worker. Today’s tech savvy, free-spirited employee understands their personal value more so than the traditional punch-clock worker. They understand that technology makes work easier and hours spent doesn’t necessarily equate to productivity. Consequently, headhunters now find more and more that job seekers want to be in working environments that allow them flexible work hours and/or the opportunity to work from home. This means that they still expect to get paid well but also have freedom to explore other non-conflicting sources of income simultaneously. To acquire and keep employees’ full attention, leaders must recognise that a new day has come where a more knowledgeable workforce expects more for their valuable time, in dollars, and appeal to their sense of overall job satisfaction.

Until next time, leaders keep lookin’ up!

Read more:

http://www.jamaicaobserver.com/career-education/here-comes-the-boom-_176419?profile=1270

The laws of nature apply in the jungles of Africa as much as they do in the concrete jungle, aka the corporate workplace. Recent business history is littered with the obituaries of market-leading companies that snubbed or embraced new technologies and processes. Two companies come readily to mind — Kodak and Xerox. Both were so entrenched in their respective core markets that the very function of their flagship products became global jargons. A ‘Kodak moment’ was synonymous with using their camera to capture the moment, and ‘Xerox-ing’ a document meant you photocopied it. By virtue of that, one would have expected them to adapt to the requirements of the market and outclassed any competition. Kodak should have evolved into a massive digital imaging business insulated from the likes of Sony and Canon, but the company failed to adapt, filing for bankruptcy in 2011. Xerox, on the other hand, pivoted from focusing on machinery to become one of the world’s leading business processes firms. The difference? Adapting to emerging markets and technological trends, and a willingness to invest in their most important resource — their people.

Humans are naturally resistant to change, whether at the level of ownership, senior management, or employees, but i the intention is for the business to not only survive, but thrive, companies must come to terms with the need to adapt to changes in the market. In order to make adopting new technologies palatable, leadership and HR practitioners must collaborate to create the ideal culture and conditions for employees to embrace innovation and learn new technology.

The catch-22 is when more experienced employees need to acquire new skill sets just to keep up with fast-emerging global trends. The generational gap must be bridged as baby boomers and millennials learn differently and interact with technology from diverse and often differing perspectives. Many organisations will find it challenging to manage this fast-moving and dynamic process internally and may require assistance from an HR management company as a strategic partner to entrench sustainable talent acquisition and retention policies and procedures. Whether it’s executed internally or externally, clear, detailed goals, effective communication and continuous training are critical transitional deliverables of the process. These could go a long way in helping organisations develop workplace diversity and reinforce a culture change, thereby minimising employee uncertainty and increasing the longevity of the business.

Until next time, leaders keep lookin’ up!

Read more

http://www.jamaicaobserver.com/career-education/adapt-or-die-the-kodak-lesson_174225?profile=1270