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THE FUTURE IS INEVITABLE

Allan Anderson • April 21, 2024

3-MINUTE READ


FUTURE CONTEXT

We are living in unprecedented times. I’ll share a handful of sobering facts with you.



  1. This is the first time in history when there are 4 Generations working concurrently. (I.E. Boomers, Gen X, Millennials, and Gen Z)
  2. Unemployment is low, has been low, and appears to be remaining low.
  3. 3.6 million High School graduates in 2017-2018. That number of people is expected to hold steady with 3.6 million High School graduates in 2027-2028.
  4. Turnover is trending to be the new normal.

These are just a handful of realities for our day and age. 

So what is the antidote to attracting, keeping, and developing your work force?

TRAINING AND DEVELOPMENT

More than ever before, senior leaders must be calling for regular Training with their teams. And we must have a keen eye out for those that need or want Development. Keep in mind that Training and Development are two distinct disciplines.

The companies that focus on Training up its people and Developing the right would-be leaders will give us a good chance to beat the odds of as frequent turnover and retain top talent.


WHERE TO BEGIN

Too many times, we don’t know where to begin. Here are a few recommendations that will help you accelerate your efficacy across the organization.

  1. Start with a Talent Insights Assessment. In other words, keep your employees informed on their Strengths and potential Blind Spots.
  2. Eliminate guesswork in role expectations
  3. Be very clear about how each person can add more in value to the company they will receive in return.
  4. Have clear lines between training (which should be mandatory across the entire organization) and development (taking high potentials to the next level)!


If this seems like a daunting task, keep in mind that it is.

Leadership is more about responsibility than rewards at times.

One way to increase your own success in leading others is to have a cohort of fellow leaders. If you are in need of great peers that know what you’re going through, check out the Future Ready Summit and see if it would benefit your life and leadership.

I know it will!


Pulling for you,


Alan Andersen


By Shandel Sutherland November 24, 2024
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