What’s the Solution for Filling the Great Resignation Gap?
Posted by Ken McGovern in Succession Planning, Team Development | 0 comments
The tidal wave of the Great Resignation continues as more and more employees suffer burnout, a reluctance to give up their work from home status, and discover a need to work less and live with less to achieve a better work/life balance. According to Fortune.com, the number as of January is over 4.5 million people resigning. Some are leaving the workforce all together, taking early retirement, others are opting for lower paying jobs or entrepreneurism to feed their soul and wallets. As per the chart below – some industries are surviving better than others.
The IQ vs EQ Debate: Beyond the Resume
Posted by Ken McGovern in Executive Search, Succession Planning, Team Development | 0 comments
Identifying the RIGHT prospective employee is a journey that goes beyond simply finding resumes that boast high GPAs from highly ranked schools or impressive professional credentials. In fact, I cringe when I think of all the truly qualified people who are overlooked by “black box” online hiring filters just because they are missing a key word in their resume. Technology is great…until it isn’t.
For me, the credentials are important, but they are secondary to the “person.”
On behalf of my clients I phone screen prospective candidates for IQ (Intelligence Quotient) – hard skills, professional experience, job transitions – basically, reviewing what is in black and white on their resume. I am focusing on topics and skills that are teachable, learnable, measurable, and quantifiable. Yes, I need to know that they have the capacity to do the job, but I don’t overlook someone who has never held the position I’m hiring for. It’s about their overall skillset – I’m looking macro, not micro for most searches.
“Ageism” – Face it and work around it!
Posted by Ken McGovern in Succession Planning, Team Development | 0 comments
It’s no secret that the Millennial Generation – or Gen Y – born in the early 80’s through the late 90’s will surpass the Baby Boomer Generation in numbers sooner than later. The Gen Y’s are deep in our workforce and are now holding significant leadership roles in a variety of industries.
The Youth Factor
Posted by Ken McGovern in Culture, Succession Planning | 0 comments
I’m just going to come right out and say it: I think the younger generations get it. I know, I know there have been countless articles written about the generation divide, the Boomers versus Millennial debates, but I’m going to add one more to the mix. I’m not going to bash the idealism of the younger crowd, in fact, I embrace it and I encourage you to open your mind and put yourself in their shoes for a bit.
Mastering the Succession Transfer
Posted by Ken McGovern in Culture, Leadership, Succession Planning | 0 comments
For the first time in history, four generations are working side-by-side in the workforce, including the Traditionalists, Baby Boomers, Gen Xers and Gen Ys (or the much talked about Millennial Generation) and it’s expected that number could rise to five generations by 2020. Many current leaders are on the brink of retiring in record numbers, and it’s estimated that around 66% of all U.S. businesses are owned by Baby Boomers.
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