Our organization has been planning this summer. I want to be able to anticipate and prepare to build our business. To do that I need a forecast of where organizations are going rather than where they have been.
One of our crystal balls is an interview the Conference Board of Canada conducted with University of Michigan’s management guru, Dave Ulrich. He identified eight issues to plan for. Four have a special relevance to our work and we thought it would be useful for our readers to know where we will be skating as we go for the puck.
Leadership – Ulrich forecasts a redefinition of leadership to one that focuses on role rather than function. Individuals will be called upon to exercise leadership within their spheres of influence. Leadership will be exercised at many levels of an organization and the culture will encourage and demand leadership of all employees.
Engagement – Talent is increasingly more mobile with fully 58% of Canadian employees open to moving employment. Corporate strategies to engage employees are woefully inadequate and must be beefed up to succeed. Engaged employees are those who can find meaning in their working lives. Successful organizations are those that focus on instilling a high sense of organizational purpose in the minds of their employees.
Managers communicate – The major weakness in most organizations is the ability of line managers to effectively communicate. Employee motivation depends upon how well the line manager communicates face-to-face. Effective internal communication will be redefined in terms of the abilities of line managers to communicate and the degree of accountability the organization places on them to do so.
Measurement – The trend to accountability based upon returns on investment will continue. Measuring performance by the outcomes of work is replacing measures of work by outputs of activities. We will be required to measure success of our work by the contribution it makes to innovation, change and achievement of the organizations strategic goals.
As Ulrich points out that, for the first time in the history of management, it is the human mind that is the primary creator of value. Our priorities will be developing the quality of the workforce and its engagement in the business. These will be the critical success factors in corporate vitality and survival. – for us and our clients.
By Tudor Williams, ABC