Corporate social responsibility (“CSR”) and its flipside—environmental, social and governance (“ESG”) practices—stand to be some of the most defining criteria for businesses since the introduction of quality standards. Any business seeking investors, wishing to sell, wanting to attract young and talented team members, or looking to improve its standing in the eyes of customers will need to pay close attention to the array of practices that make up this way of doing business.
“I can’t find people!"
This is without a doubt a common challenge for companies today. Challenges do not go away on their own. As leaders we must develop strategies to use available tools and resources to overcome the challenges. In most key areas of business there are strategic plans. The activities are planned, monitored, and managed to ensure the best results and minimize business impacts.
On the heels of the global pandemic comes yet another challenge for manufacturers to face: The coming of the “smart factory”. The factory that requires you to upskill your workers just to stay afloat and will leave you and your employees behind if you don’t start planning now. Right now.
Now that you’ve taken time to investigate the idea on implementing stay interviews to help retain your workforce, to the next step is to explore the types of skills you will need as an interviewer. Being a successful leader includes holding meaningful conversations - a skill that requires effort and practice. Instead, there are a handful of proven skills that transform the ordinary into extraordinary.
2020 tested companies’ agility and adaptability to the unforeseen. The fortunate companies that were able to keep their doors open, have been learning day by day what is needed to survive and thrive in the future.
One essential piece continues to be pertinent – employees. Employees are the ones who are continuing to generate revenue, produce quality goods, and satisfy customers. Being reminded of this, it is critical to retain those skilled workers during these possible trying times. So, ask yourself, how can you truly make each individual employee a priority? – Through conducting stay interviews.