CoAdvantage – Organizational adaptability is a key component of long-term business success. The past few years have proven that: businesses that couldn’t adapt to the pandemic, labor force problems, rapid economic shifts, and more have struggled. Many organizations simply shut their doors forever. Being able to handle new challenges easily is the only way to[…]
CoAdvantage – Many companies recognize that succession planning is a vital part of their organizational success. But, despite the importance of having the right leaders, many struggle with it. Research from Deloitte has found a major gap between succession planning efforts and outcomes: 86% of leaders say it is “urgent” or “important” but only 14%[…]
CoAdvantage – Creating a healthy workforce is more important than ever in today’s uncertain economic climate and in a world still facing flare-ups related to Covid-19, RSV, and other infectious illnesses. But what practical steps are organizations taking to support the health of their team members? Here are three current trends in workplace wellness. 1:[…]
CoAdvantage – Background checks can be fraught territory. They can be pivotal to avoiding major headaches and, in extreme situations, reputationally harmful scandals. But they are also a minefield of compliance requirements, with a wide array of federal, state, and local regulations affecting how and when background checks may be conducted. The Equal Employment Opportunity[…]
CoAdvantage – Should business owners pay themselves a salary? Apparently over a quarter (26%) of small business founders say no, according to CNBC. This can be a legitimately tough question. Especially in the early days of a business, owners may not have enough cash flow to set up a recurring salary. Even if cash flow[…]
CoAdvantage – Often the greatest limitation facing workforce productivity is not time; it’s energy. You can’t get maximum productivity out of your team (or yourself) if everyone is so exhausted after the workday that all they can manage is collapsing on the couch. What the research says One study reported in The Harvard Business Review[…]
CoAdvantage -In our first article in this series, we discussed how HR is unique within organizations because of its need to master a whole host of skills to execute its functions successfully. To that end, HR teams can learn a lot from other departments. Today, we’re going to look at two other departments: IT and[…]
CoAdvantage – Human Resources must wear many different hats. Its work is broad ranging and requires many different skillsets and tools, more than most other departments than focus exclusively on a single domain. HR leaders and staff must be like business chameleons, able to adopt the mindset, skillset, and toolset of a host of different[…]
CoAdvantage – There’s an uncomfortable tension at the heart of many employees’ jobs: studies show that repetition fuels productivity but erodes morale and retention, while variety leads to loyalty but can incur a productivity cost. In other words, employee productivity increases as employees repeat the same work over and over, becoming highly specialized at their[…]
CoAdvantage – Change fatigue has become a pressing concern for employers, nearly half (45%) of whom say their employees are fatigued from all the change they’ve had to endure over the past few years, according to Gartner. Additionally, there are also signs that employees are becoming more resistant to change. Another Gartner study found that[…]
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