Management

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Four most common hiring mistakes and their impact on team management

searching for right employeeWhile selecting or hiring a team member or an individual employee, it is very important to keep all the aspects of job description and job requirements under consideration.

Selecting the wrong person for the job can have a negative impact on the entire business. For example, consider the overall turnover cost to be around 40% of the employee’s annual salary. If you do the math: If you have a turnover of 2 employees per year, with average annual salary of around $40,000, you are already incurring about $32,000 just to keep the number of employees.

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5 Most common Management mistakes

Introduction

bad management demotivatesManagers and leaders hold the key to success of the entire team. If the manager or leader is incompetent, the entire team is destined to fail. The team cannot perform at their best level, if they are not managed properly. At the end of the day, the blame or the credit of the result goes to the manager. A single mistake from the manager can become the sole reason for the demise of the entire project.

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As for Millennials… You Got it! They Want it!

performance review - graphsI just spoke at a corporate meeting this week for a client’s clients – their annual user’s conference.  It was held at one of Hyatt’s best – nice conducive digs for considering new ideas.  The audience was pretty much split right down the middle with Boomers and Millennials.  It was a perfect opportunity to talk about a number of generational differences as they relate to trust, communication and collaboration.  So I did.

 I focused on three issues affecting how we work together, build trust, and achieve collaboration.  I specifically talked about 

  • the accelerating process of change occurring in organizations,
  • key differences within our multi-generational workforce,
  • and the impact of human individuality.

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