Mapping Your Path to Retirement, a Life Plan for Success!
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Revisit Your Corporate Retirement Strategy – NOW!
Posted by : OptîmanceHave the bad economy and the associated belt-tightening, layoffs, and furloughs totally distracted you from the impending crisis you were thinking about a couple of years ago? How will your company fare if and when the economy recovers and an avalanche of baby boomer retirements occurs? Do you have any idea whether you can really count on them staying longer because of the damage done to retirement portfolios?
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Hitting the Up Button
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Staying On the Up Side of Change
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The JOB rush
Posted by : OptîmanceRecap of the Christmas Holiday JOB Rush
December 24th – Candidate 1 received an offer at 7pm. To quote their words it was “The best Christmas gift ever received”
December 26th – Initial phone interview for a position. Candidate 2
December 29th – Face to face interview Candidate 2
December 29th – Later in the day – Email offer to Candidate 2
December 31st – Candidate 3 receives a call for a phone interview late afternoon.
January 5th – Candidate 4 has a face to face interview
January 6th – Candidate 4 receives the written offer
January 12th – Candidate 4 took 6 days to negotiate, got a 10% increase in salary and ACCEPTED the offer. Who said that companies are not hiring over the holidays? Not us! These are the results of the recent Holiday Season JOB rush that we have experienced. Do you have any stories to add? Let us know what your networking uncovered.Seven Special Holiday Gifts for an Out-of-Work Friend
Posted by : OptîmanceCHAPEL HILL, N.C. (Nov 10, 2008) – In today’s tight economy, most of us know at least one person if not several who are out of work and looking for jobs. To brighten the holidays for these friends or family members, there are seven special gifts you can give, and they don’t cost you a dime.
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To use, or not to use.....
Posted by : OptîmanceHandling layoffs is a delicate situation and I have been involved over the years in many ways, as an impacted employee, as a manager doing notifications, as a VP of HR planning the event, as a Career coach assisting those being impacted and, as an account manager working with corporations to best plan the event. The bottom line is that the employees being impacted have to be the main priority, with those left behind being taken care of as well. So, whatever you do, and whoever you select, select a career continuation/outplacement firm to assist the employees and protect the firm.
Here is my reasoning
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Changes at Optimance
Posted by : OptîmanceWe are proud to announce and introduce Sherri Elliott as the new President of Optimance Workforce Strategies. Sherri immediately strengthens the Optimance team. We will now enjoy expanded capabilities to provide an integrated range of time and cost saving business solutions. Sherri and the OWS team will deliver Human Resource audits, compliance, outsourcing, recruiting and training programs.
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THE BUSINESS OF TALENT
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The Cost of Focusing on the Urgent and Neglecting the Critically Important
Posted by : OptîmanceHow does your Human Resources function spend its time? Putting out fires? Responding to requests from Senior Management? Listening to employee complaints? Intervening on benefit related issues? All of these very important functions of HR very often detract the HR Department from another key function which does not make loud demands until it is too late – compliance with regulatory statutes and creating an environment in which employees are not inclined to seek third party intervention. If a disgruntled employee were to file a complaint resulting in your obligation to open your records and processes to those wishing to discredit and gain monetarily from you – how would your organization fare? In 2007 at least 82,700 companies were faced with just such a problem and they ended up paying over $290 million for failing to hear the call of the important, while focusing on the daily urgent.
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YOUR JOB SEARCH WORRIES COULD BE OVER!
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Driving Real World Results
Posted by : OptîmanceThrough Virtual World Technology
High speed Internet connections have made possible the development of powerful on-line applications that now include interactive virtual worlds. One of these worlds is Second Life, by Linden Research, Inc., in which "residents" create an identity known as an “avatar.” Through their avatars, users can engage in conversations with other users, travel across the Second Life virtual world, buy land and build their own environment or purchase an existing one.
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Career FIT
Posted by : OptîmanceHave you ever been in the enviable position of having multiple job offers and then being faced with the dilemma of which one to accept? In the ideal situation your career consultant will work with you to determine your KEY OFFER CRITERIA but that does not always happen when you are doing your own search online. So to help those of you doing an online search for that next position Bob Maher, a Senior Consultant at Optimance has provided some guidance for your Career “FIT”.
The old "round peg in a round role" theory of career planning is dysfunctional. In the typical professional environment today, job descriptions are changing faster than ever before to keep up with the challenges of an economy in transition. Seize control of such challenges.
Understand the nature of FIT. You understand that managing your own career involves three key ingredients:
- Competency with job-changing skills,
- Continuous research and networking leading to awareness of potential next steps,
- Confidence in knowing that your career is on the right path and moving forward.
To achieve a good "fit" between you and any future opportunity, you have to ask yourself some basic questions about yourself and your prospective employers. The fit depends on how well the jobs meets your needs and how well your skills and abilities meet the employer’s needs. The employer will make a decision and extend an offer to you: now it is time for you to make your decision.
Write out the factors that are important to you in a job... actually write out your list. During your career transition, you learn the value of setting your offer criteria.
- Creates an objective target for your efforts ahead;
- Gives you a meaningful set of questions to ask during research and networking;
- Provides an objective way to analyze and react to offers as they occur.
To manage your career wisely has you extending the same concept. Consider the ten factors listed below and then add or subtract from your own list given current circumstances. Keep your criteria in that dynamic state of change that allows you to adapt to market conditions.Examine each factor through the questions listed – and then ask "does this opportunity fit me?
"Work Requirements and Expectations: What is the next right work for you? Is the work process or project oriented? If it's process oriented, are the requirements and expectations clear? What kinds of projects will you work on? Will you work on one project at a time, or multiple projects? Are the projects long term or short term? Will you work on a project long enough to see the end result? Is it important to you to be able to see the project as a whole, including the result? Or will you be content to do the work without a big picture understanding?
Work Environment: Will the work space be a source of comfort and confidence for you? How formal or informal is the environment? Hectic, fast paced? Will you have the opportunity to have flex time, or to tele-commute? How many hours a week does the employer expect you to work? Will you have the freedom to wear casual clothes? What is a typical day like at the company you are considering? Would they allow a "trial visit" or at least a site visit?Clients: How engaged are you with those you serve? Will you work with internal and/or external clients? What kind of exposure will you get to the end user of the project? Is it important to you to meet the client or not? To have continuing contact with the client? Will your successful efforts with a customer result in appropriate rewards? What is the nature of your responsibilities and accountability for customer service?
Career Path: Is there a defined succession plan? What position(s) can you move to next? How long do new hires generally stay in the same job? How quickly do people get promoted? Are your opportunities for professional development well defined and available to you? Are mentors available?
Training and Personal Development: what kind of training will you get from the employer to do the job? What kind of training will you get to stay current in your area of interest? Are the answers to these two questions different? Does it matter to you if the answers are different?
The Company and Colleagues: Are you proud to be a member of the Team?... To represent their product or service? Is their future in synch with yours?
Managerial Style: Does your authority match your responsibilities? How are functions and tasks delegated? How much freedom will you have to plan and organize your own work? How structured is your potential new job? Does the degree of structure feel comfortable to you? Can you partner with peer and above colleagues to make things happen? Will you get the support from your manager that you need?
Travel and Relocation: Does the job involve travel? How frequently? If you are expected to travel every week, what will the impact be on your family and friends... pets? How do you feel about the possibility of only being home on weekends? How well do you function when your daily routine is disrupted – as it would be if you are living out of a hotel room?
Recognition and Rewards: What kind of feedback can you expect from your new manager? Is there a formal performance appraisal system? How often will you be reviewed? What do you need to do to get a raise? How often will you have the opportunity to get a raise? What other ways does the employer reward its people?
Salary and Benefits: Are you aware of your own position WORTH? Have you accessed salary survey data? Is the salary competitive when you look at other jobs you are considering? If the specific salary does not meet your objectives, are there trade offs such as an employee stock purchase plan? A higher sign on bonus? What kind of health insurance coverage does the employer have? How much vacation and /or sick time are you eligible for? If you do not use the time by the end of the year, will the employer let you carry it over to the next year? Will the employer give you the option to "sell it back" in exchange for cash?
If you can answer most of these questions, you will have an educated idea about whether the job is a good fit for you. If you can’t, it is perfectly acceptable to go back to your research and networking and find out! Once an offer has been extended to you, by or from the hiring authority, it becomes the HR recruiter’s (paperwork processor and gatekeeper) job to get you to say "yes." Answering these questions will help you decide if you want to!
So, what are your key OFFER CRITERIA items?
Age Impact Seminar January 2008
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Jim Davidson and Dr. Ira Wolfe
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The number of centenarians doubles every 10 years!
Posted by : OptîmanceOn a recent Southwest flight their “Numbers” article caught my attention. Now in our third year of running our Age Impact Seminar programs centenarians had never been mentioned. Here was new information. The story read that the number of centenarians living in the United States will rise to 160,000 by 2017, making the 100-plus the fastest growing segment of the population. That means that as many as 1 to 3 million of the nation’s 76 million baby boomers will have a shot at hearing Willard Scott announce their names on the today show. The odds are even better for whippersnappers. Experts predict that 1 in 10 girls and 1 in 20 boys born today will live to see 100.
Our speaker at the first Age Impact Seminar in 2008 was further able to explain the impact of these numbers. Dr Ira Wolfe, President of Poised for the Future Company and author of The Perfect Labor Storm 2.0, provided some startling facts for all of us to consider. As an individual, employer, Boomer, X”er or Civic I think you will be challenged by his information.
Do you agree with it? What can you do about it? What are your thoughts about his concluding questions? We look forward to your feedback.
Click on the following link to access his presentation page and then download the Optimance pdf.
HAPPY NEW YEAR TO LEADERS AND MANAGERS
Posted by : OptîmanceThe headlines offer lots of free advice. There are many articles focused on how each of us can be smarter, happier, and healthier in 2008. Some articles are focused on our money and what we ought to do with it. Some articles are focused on our bad habits and how we can fix ourselves. Then we have articles focused on how we use and waste our time.
It’s the time issue that struck me as relevant today. At our most recent Age Impact series, the question of how one leader used her time started a conversation. What are some time management behaviors that seem to separate top leaders from others? How do the best managers utilize their own limited time?
The best take the time to manage down. Top leaders take the time to connect with subordinates. The best managers take the time to listen to those working for them. Top leaders know what subordinates are thinking.
We have witnessed falling leaders and managers when they’ve lost touch with their subordinates. We’ve seen leaders lose out when they’re focused entirely on their own superiors. We’ve seen managers lose support from lack of communication with subordinates.
Sherri Elliott, SPHR of the Elliott Consulting Group, reports that exceptional leaders are rare. “Leaders need to see the organization from the employee’s perspective. They need to make it easy and rewarding for employees to express themselves and their ideas, and they need to figure out how and when to delegate responsibility. Keeping your employees in the dark is not a good measure of control, it creates distrust, and managerial silence needs to be eliminated.”
“It has been my experience that many leaders fail to recognize the positive impact of sharing their great moments–often called challenges or perceived failings,” says Sharon Roberts of Roberts & Roberts, Executive Team Development. Sharon indicates “I urge leaders to immediately begin encouraging their subordinates. It is so important for leaders to be totally present when interacting with an employee whatever the amount of time is allocated.”
What do you think? Is it appropriate for managers and leaders to spend 20% of their time, 40% of their time, or 60% of their time connecting with subordinates? Should managers set aside a portion of their schedule for subordinates? What portion of each day should leaders dedicate to subordinates? Would you agree that managing down is critical?
Here’s to better leaders in 2008.
Disengaged Employees - What should you do?
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Holiday Wishes
Posted by : OptîmanceThe Optimance Team wish you and yours all the best for a Merry Christmas and a safe and prosperous New Year.
Holiday Networking
Posted by : OptîmanceThe holidays are not the time to search for a job? WRONG!
The conventional wisdom is idiotic. Who says, "companies don't make decisions at year end"? Who says, "no one's around"?This may be the best time to make your drive into the company of your choice. Put your resume aside, start thinking about intelligent topics to discuss, and get on the phone now.
Asleep at the wheel
While other job hunters are out of the picture, make your calls to companies and people who aren't being deluged with the regular requests for interviews and information. This is a time of less competition. Capitalize on it!
The switchboard is dead
And the receptionist is bored. With fewer calls coming in, it's easier to strike up a conversation with the person who answers the phones. Ask for information, names, advice and contacts. And get the receptionist's name -- when you call back in a couple of weeks, you won't be a stranger.
I know you're alone
Lots of managers work through the holidays -- and so do lots of their team members. The place is quiet. Nerves are calm. Information is more easily had. A tactful, no-pressure call from you can yield a useful discussion -- and valuable advice and insight.Do some research, we use One Source, and be prepared to have an interactive discussion with the manager you'd like to work for. Try to stick to one subject: the work that you and the person you're calling both do. Do not ask for a job outright -- but do explain that you're considering a job change in the New Year. "I've heard a lot about you. Your company is one I'd want to work in, and I wanted to learn about the organization. By the way, congratulations on winning the XYZ deal. I read about it in ABC magazine."If the manager responds well, ask if you could stop by in a couple of days for "the cook's tour" and maybe a bite of lunch in the cafeteria. (This approach works best if a company insider refers you to the manager, but it can work regardless.)
How to be successful
Posted by : OptîmanceAge Impact Seminar
Posted by : OptîmanceDr Ira Wolfe will present the next Age Impact Seminar at Gleneagles on January 22nd 2008
The coming Labor Storm will be the focus of the presentation. Intuitive, practical and down-to-earth is the way Ira Wolfe has been described by clients and colleagues alike. Ira delivered a provocative forecast of the 10- and 20-year labor market in 1999. Soon Ira found himself speaking to audiences all over North America on The Perfect Labor Storm: Why Worker Shortages Won't Go Away and in 2004 published a book by the same name. The completely updated and rewritten 2nd edition, The Perfect Labor Storm 2.0: Workforce Trends That Will Change The Way You Do Business, was published in September. In his dynamic yet down-to-style style, Ira "tracks" the compelling story of demographic, economic, social and technological forces and reveals how far reaching and long lasting their effects would be on this worker and skills shortage.Ira is the also the author of Understanding Business Values and Motivators (2004). He is a columnist for the Business2Business magazine and is quoted regularly in stories published in the Central Penn Business Journal, Sales and Marketing Management, and many regional and national magazines. He has been a frequent guest on Pennsylvania Cable Network discussing skilled worker shortages, pandemic flu and the economic impact of workforce trends. In July 2007, Ira delivered the keynote for a special PA Chamber Foundation Roundtable about the Skilled Worker Crisis in PA. He has also appeared on CN8, hosted a radio talk show, and has been quoted in Wall Street Journal and BusinessWeekOnline.
Relationship Plans
Posted by : OptîmanceIs sales so different from career search? Many people do not think so. The skills required are the same. Identify a company, go after a contact, persuade them you are a needed commodity, get a job. Simple!
Not so fast. Others suggest you develop a relationship plan. Something that focuses on what you can do FOR the other person you want to conect with. You should also do it for free without expecting anything in return.
What do you do when looking for a new position? Do you have a Sales Plan or a Relationship Plan, and are they different?
Save the Date, September 19th, 2007
Posted by : OptîmanceRetirement is the wrong word!! How do you prepare for this new lifestyle?”
Posted by : Optîmance| The next Age Impact Breakfast Seminar program will be held at Gleneagles Country Club on Tuesday May 22nd. As the sixth program in the series this promises to be an informative event. |
| What is the right word? We will discuss that and more in this interactive discussion on the NEW retirement. Most people focus on the financial aspect of retirement but there is another side - a non-financial dimension that is vitally important, and requires just as much planning and preparation. This other side, which I call “lifestyle,” addresses what a person does in retirement and how they’ll live and derive meaning in their lives during the 20 or more years of active adult life they can expect. Planning for this lifestyle, making the most of this “Second Act” to create a fulfilling pinnacle for years of living, hard work, experience, and passion, is vitally important—just as important as saving and planning to sustain it financially. Together, lifestyle and financial retirement planning are opposite, but inseparable, sides of the same coin—a yin to the other’s yang. Put simply, a successful retirement requires two significant, inter-related and integrated components— a financial plan for accumulating and distributing assets and a lifestyle plan for a purposeful, fulfilling retirement. Sounds simple enough, doesn’t it? You need to save enough to retire and plan for what you’ll do in retirement. You’re probably already saving for retirement—but if you’re like many people, you probably don’t have a truly effective lifestyle plan. |
Contact: James Davidson, (214) 415-8721, jdavidson@optimance.com |
New Career Partners and extended coaching capability
Posted by : Optîmance| Executive Coaching Services Launched internationally at CPI Annual Meeting |
| Chapel Hill, NC, February, 2007—Career Partners International (CPI), one of the world’s largest providers of talent management solutions for over 20 years, officially launched their newest line of services – executive coaching – during their annual meeting in Cancun, January 24-27. The meeting marked the end of the lengthy, internal training on executive coaching that ensures that every partner firm will deliver uniformly high standards of executive coaching services. CPI’s unique advantage, however, is its partners’ ability to adapt these programs to address regional and cultural issues, without compromising these high standards for delivery. CPI recognizes the challenges executives face on a daily basis in trying to establish and realize corporate goals. For that reason, CPI’s clients have increasingly tapped CPI for assistance in this area in recent years. CPI has built on the strength and integrity of the executive coaching programs being explored and developed at a number of partner locations. From those experiences, CPI has developed a best-of-class executive coaching program that is now uniformly available from all partner locations. CPI’s executive coaching program targets top tier executives, and is complemented by its leadership development program, which helps broaden and prepare other executives and managers as they advance to higher levels of responsibility. Both programs begin with an assessment that aligns executives to coaches with whom they can develop an easy rapport, allowing them to address issues that are difficult to discuss with other corporate stakeholders. CPI’s coaches are certified in a range of assessment instruments, combining those with development planning tools, hands-on exercises to help executives build awareness, effect change in themselves quickly and successfully. During the Cancun meeting John Myers was appointed as Chairman of the Board, effective immediately. John is a founder and managing partner in CPI’s Chicago office, Kensington International. He is also a past president of CPI’s board of managers. John will continue to develop CPI’s partners and services to better serve clients. Three new partners were voted in at the annual meeting as well, increasing CPI’s partners to 62 operating in 45 countries. CPI welcomes, Altos Ejecutivos LTDA, Colombia, CAC Management Consultants International, Singapore and Schein, Argentina. “CPI continues to build partners throughout the world keeping pace with the global needs of clients,” according to David Hemmer, CPI President and COO. “CPI brings together some of the world’s leading talent management solution firms to better serve our clients and keeping CPI as a leader in the field of talent management.” About Career Partners International Career Partners International (CPI), one of the world’s largest providers of talent management solutions for over 20 years, continues to maintain our signature boutique service-delivery style with over 62 global partners with 200 locations and 1,600 highly trained professionals. |
Contact: James Davidson, (214) 415-8721, jdavidson@optimance.com |
Support in the community
Posted by : Optîmance| Optimance continues to support events around the metroplex. |
| February 07 Optimance was a proud sponsor of Ursuline Academy’s Mardi Gras Ball. The Mardi Gras Ball is Ursuline’s annual event held to benefit student scholarships and the faculty endowment funds. Mardi Gras is an exciting, fun-filled evening complete with dinner, entertainment, car raffle, live and silent auctions, and casino. This special event is held each year on the Saturday before Lent begins. All students benefit when scholarships are awarded to qualified young women, thus making The Academy economically diverse and academically challenging. Over 18% of Ursuline students receive financial assistance and academic scholarships. In 2006, over $1.9 million was raised with over 1,000 attendees at the Ball. April 07 This spring, Optimance will support the EDS No Child Left Behind Golf Classic. The 2007 EDS No Child Left Behind Golf Classic benefits St. Anthony School and Community Center. In 2006, the tournament donated $130,000 to St. Anthony. This year’s event will be held at the Cowboys Golf Club on April 2nd. April 07 Optimance continues its ongoing support of Jesuit College Preparatory School’s Celebration Auction. In its 24th year, the Celebration Auction continues to grow the Jesuit College Prep scholarship fund which enables one of every four students to receive some sort of financial assistance. Auction Scholarships open the doors for students to attend Jesuit where they receive the necessary foundation to prepare them for some of the finest universities in the country. The young men who receive these scholarships help create an environment rich in diversity while developing into “Men for Others” serving the needs of their community. This year’s Auction theme is “Secrets of Atlantis” and will be held at the Westin Galleria on April 14, 2007. April 07 Once again, Optimance serves as a proud sponsor of the EDS Byron Nelson Championship. The EDS Byron Nelson Championship, the first PGA Tour event named after a professional golfer, has raised more money for charity than any other stop on the PGA Tour. The 2006 Championship donated more than $6.3 million to Salesmanship Club Youth and Family Centers (SCYFC). More than $94 million has been raised for SCYFC since the tournament’s inception. The 2007 EDS Byron Nelson Championship will be played April 25 – 29 at the Four Seasons Resort and Club Las Colinas in Irving, Texas. The 2007 event will mark its 40th year on the PGA Tour. May 07 Continuing its tradition, Optimance will be a Gold Sponsor of the 2007 Thomas Tierney Irish American Cup Challenge. In May, the 2007 Thomas Tierney Irish American Cup Challenge will be celebrating its 10th anniversary. The proceeds of this event benefit many worthwhile cause of the American Ireland Fund. For the last three years, a portion of the monies raised supported the Irish Boy Scout and Texas Eagle Scout exchange in alternating years. This year, a portion of the proceeds will be used to host the visit of 22 Irish scouts to Texas in the summer of 2007. The tournament is scheduled for May 21st at the Northwood Club. |
Contact: James Davidson, (214) 415-8721, jdavidson@optimance.com |
Age Impact seminar scheduled for Febrauary 27th 2007
Posted by : Optîmance| Bette Price will present "Gen Blending - How do you make it Happen!" a solution to the loss of institutional memory in the American workplace. |
| Seriously threatening the bottom line of American business today, there lurks a significant silent crisis—the loss of the institutional memory of experience and knowledge housed in the minds of aging workers. “When a person dies, a library burns.” --Adapted from an African Proverb NOW…from the author of True Leaders comes The Experience Initiative—a valuable concept that challenges the leaders of American business to profit from the one asset that doesn’t immediately show up on their bottom line—the untapped wisdom, knowledge and experience of their senior workers. While most generational experts address a vast array of age wave issues, including cross-generational communication and the various technological aspects of capturing and retaining knowledge, Price’s Experience Initiative tightly focuses on the generational human issues of the workplace and provides a very specific formal process for effectively blending the knowledge of generational thinking to enhance innovation and results—a process known as GenBlending™. “I’m not saying don’t hire new people and I’m not saying not to retire older workers. I am saying, formalize a process to mine the incredible pool of knowledge that’s in the minds of your senior workers,” says Bette Price. If you want to outsmart your competition, catapult your future, and profit from the experience, don’t miss this timely, enlightening and innovative program presented by International Author, Speaker and Certified Management Consultant, Bette Price. Learn how the formalized process of GenBlending™ translates into innovation, differentiation and profitability. |
Contact: James Davidson, (214) 415-8721, jdavidson@optimance.com |
Career Control Group hosts "The Age Impact Series, Planning for the Disappearing Workforce" at Gleneagles Country Club
Posted by : Optîmance| Guest speakers provide information and solutions to HR professionals and others intersted in attracting and retaining skilled staff (#1 in the Top 10 current business issues for Senior Executives according to Chief Learning Officer News, Nov. 2005) |
| Baby Boomers turning 60 and moving toward retirement is just one of the issues affecting companies today. George Winston shared information on March 23 – “Age Power – The Dilemma of Workforce Planning” on the impact the boomer generation exerts, the efforts companies are taking, and his experience at Nokia to outline how you could address the impact at your company. “Age Power – Practical Applications for Generational Knowledge” On June 14, John Ansbach, generational expert, revealed the valuable, practical uses of generational knowledge including enhanced recruiting and retention efforts, focused on the values and preferences of each generation, improved, tailored marketing and sales programs designed with generationally “on-target” messages, and generational designed training initiatives, driven by generationally empowered instruction. September 19, Pam Venne, LPC, retirement transition coach, shared her insights on the impact Baby Boomers make on an organization’s bottom-line in a positive or negative way, with her presentation, “Are you a Legacy Employer?” Companies will be competing for the best of the best – how will you brand and position your company to maintain your position in the market? The last of this year’s series, “Generational Leadership” will be held on November 14. Nationally recognized speaker, John Ansbach will return to share his experiences working with clients. As a leader, how do you involve younger and less experienced workers? Do you change your style, your speech, your dress code? How do you reward those younger workers this week? Or at the end of year? How do you handle the working from home issues in the office dilemma? All this and more will be part of Johns’ presentation. |
Contact: Mary Wininger, (469) 467-2807, wininger@optimance.net |