Servant leadership is a leadership philosophy in which the goal of the leader is to serve. This is different from traditional leadership where the leader's main focus is the thriving of their company or organizations. A servant leader shares power, puts the needs of the employees first and helps people develop and perform as highly as possible. Instead of the people working to serve the leader, the leader exists to serve the people.
Technology has been driving change and leading the way in almost every industry. In the last few years, however, things have changed. With 20-30% annual growth and 15-25% attrition, 30-50% new employees, thousands of workforces spread across locations, various state/country compliances; adoption of HR Technology has become inevitable.
As remote working becomes the new normal, it is imperative for employers to embrace modern tools and technologies to ensure a seamless workforce experience. Intuitively, talent managers and leaders are increasingly adopting technologies like Artificial Intelligence (AI), Machine Learning (ML), Data Analytics and Cloud in their talent management ecosystem.
Recruitment and onboarding:
One of the foremost benefits of technology adoption in HR and talent processes is enabling talent managers to attract the right people with the right skills to their organization. Insightful data generated through deep analytics aids employers in assessing the candidates’ profiles efficiently, enabling them to take quick, and better decisions. Adoption of paperless processes and remote technologies is making onboarding easier, smooth, and seamless for all stakeholders.
Warren Bennis, American scholar and pioneer of leadership studies, once said: "Managers do things right; leaders do the right thing". Leaders must be able to go beyond the status quo to achieve what is best for the organisation.
Leaders are active listeners, clear communicators, they are able to connect and engage with employees. Those are just some of the crucial capabilities of an effective leader. And in today's disrupted world, enabling people's performance and profitability has more to do with the human side of things than ever before.
The above list of exemplary leadership capabilities is a mere glimpse into what a successful leader looks like. It goes without saying then just how difficult it is to pick the right leader for your organisation, so how do you go about this complex task?
Performance Management can be an effective tool to win the talent war that organizations face.
Challenging work:
It's important for organizations to carve out enriching roles for their top talent so that they are engaged and satisfied at work. It’s crucial for leaders to reiterate the purpose of one’s job as it helps individuals draw a meaningful connection between their job and the organization’s vision.
People who relate to the larger vision are more likely to put discretionary efforts at their job.
Cognitive Intelligence is helping organisations to increase efficiency in their processes and streamline management as it involves programming computers to predict future instances using sensory inputs and language patterns. Companies are using different techniques like machine-learning algorithms and Big Data to predict, which employees are about to quit to enhance employee retention by understanding sentiments of the employees.
The article "5 CENTS of Leadership Tools" is written by the author Vineet Mangal, Co-founder of myCHRO. In this article he shares his perspective on today’s day and age, whether it is a Country, Economy, or a Company, all have the pressure to perform and stay ahead in the game. One of the most questions, as a Performance & Career Coach he gets from the Founders/CEOs, are about the ways to enhance their leadership effectiveness.
Employee experience has always been the focal point of many organisations. The term now has greater importance. Companies have made progress in offering outstanding benefits that safeguard employees and families. Many organizations encourage employees to step back, take a break and give priority to well-being prior to work. The new normal is a remarkable time. The employee-centric initiatives being adopted are completely unprecedented, making it critical for organizations to reflect on the future of employee experience and its unexplored impact.
CEOs are the primary corporate pillars - both externally and internally. They have a key role to design and implement future-oriented initiatives and growing business culture. And they are the voice of the company and value architects, who go well beyond financial benefit, in our hyper-complex, fast-paced world. One of the main choices and lengthy duties of every Management Board is to appoint the CEO.
Workplace diversity is the creation of a global atmosphere, the acceptance of differences between each individual, the achievement of their full potential, and thus the achievement of the fullest potential for your organization. If you appreciate the distinctions between each individual, you allow them to offer their own unique experience to the job, other workers, motivation, productivity, and customer experience. Diversity in the workplace is not simply a trend of inclusion, it's something most organizations aim to attain.
