Develop your organizational culture and leadership  - TheJobNetwork

Develop your organizational culture and leadership   - TheJobNetwork A critical task for any HR professional is to help ensure that their company’s organizational culture and leadership accurately and effectively reflects its values, beliefs, and mission. How does your company fare in this critical area?In today’s impossibly crowded business climate, having a clearly developed culture and identity is essential for an organization. According to Inc., â€Å"Culture has always been important, but today, it’s becoming more than just a buzzword. Culture is an important differentiator to set your company apart from the competition. It’s also what attracts the right talent and brings in the right customers†¦ Plus, with more than 30% of the workforce now made up of Millennials,  according to the Pew Research Center, culture is more important than ever. Millennials want to work for companies that share their same values. They want to feel like their work has a purpose and makes a difference. In short, they want a good cultur e fit.†With companies eager to rise above the noise in their respective industries and connect with their target audiences, all in an effort to be successful, a key piece of the puzzle is developing an organizational culture and presence that’s transparent and elicits positive feelings- both from within the company and from prospective customers. Inc. identifies four primary factors why this is so important:Culture builds brand identity.Your company’s personality and how your organization is perceived by the world at large help form your brand identity. According to Inc., culture is what tells the world who you are as a brand. â€Å"The more your audience understands and identifies with your brand, the more they’ll want to buy from you.† Everyone wants to feel like you’re talking to them personally, and in order to do that, you have to establish a company vibe that people can relate to.Culture increases loyalty among employees.Do you want you r company’s employees to love coming to work each day and feel a loyalty toward helping fulfill your organization’s mission (beyond their paychecks)? Of course you do, and the best way to make this happen is to help them connect with your company’s core culture. According to Inc., â€Å"Companies with a strong culture have employees who like the challenges of their job, get along well with their co-workers and enjoy the atmosphere of the workplace†¦ Culture gives employees a driving goal and purpose for what they do. It connects your leadership team with the rest of the employees and binds them with a set of shared beliefs. Your employees want to feel like they are contributing to something larger than themselves.†hbspt.cta.load(2785852, '9e52c197-5b5b-45e6-af34-d56403f973c5', {});Culture attracts and retains talent.A company with a strong culture and well-perceived brand identity does not have to work very hard to attract and retain top talent from around the world- rather, it will attract talent to you. Once people are a part of your team, they’ll be energized and continually drawn to supporting your organization’s core goals and mission. It will make your job as an HR professional easier while helping your company to operate at peak levels- a real win-win.Culture makes advocates out of employees.When employees genuinely feel good about the work they do and the company they work for, they become effective brand advocates. According to Inc., â€Å"It’s true that good talent knows [good talent]. And when your employees are happy with their work, they are more likely to share with others. They’ll spread the word about their positive experience with your company, and you’ll soon gain a strong reputation.†Hopefully, it’s now clear why having a well-developed organizational culture and supportive leadership structure is important for the health and success of your company. But as an HR professional, how do you affect real organizational change in an effort to develop and maintain your culture? The Society for Human Resource Management recently published an article that discusses the role of HR professionals in the development of organizational culture and outlines key steps you can take to make positive, lasting change.According to the article, â€Å"The key to running a successful organization is to have a culture based on a strongly held and widely shared set of beliefs that are appropriately supported by strategy and structure. When an organization has a strong culture, three things happen: Employees know how top management wants them to respond to any situation, employees believe that the expected response is the proper one, and employees know that they will be rewarded for demonstrating the organization’s values.†As an HR professional, you play a key role in this cultural development. According to the Society for Human Resource Management, â €Å"Strategic thinking and planning must extend beyond merely meeting business goals and focus more intently on an organization’s most valuable asset- its people.†To this end, HR professionals should focus on building a strong organizational culture by:Being a role model for the organization’s beliefsReinforcing organizational valuesEnsuring that organizational ethics are defined, understood and practicedEnabling two-way communications and feedback channelsDefining roles, responsibilities, and accountabilitiesProviding continuous learning and trainingSustaining reward and recognition systemsEncouraging empowerment and teamsPromoting a customer-supplier work environmentRecognizing and solving individual and organizational problems and issuesOnce a strong organizational culture is set in place, HR professionals can do a great deal to maintain the work done in this area, including the following:Mindful hiring practices, including looking at the organization’ s vision and mission and conducting cultural fit interviewsOnboarding programs that help employees become enmeshed in the organization’s cultural frameworkReward and recognition programs that incentivize employees whose behavior supports the company’s values and missionThere you have it- some helpful background on the power of organizational culture and leadership, along with effective tools for building and maintaining your organization’s brand identity. Use the strategies and advice presented here to help set up your company for lasting success!

Free Essays on Polks Address To Congress

Fellow Citizens of the Senate and of the House of Representatives In resuming your labors in the service of the people it is a subject of congratulation that there has been no period in our past history when all the elements of national prosperity have been so fully developed. Since your last session no afflicting dispensation has visited our country. General good health has prevailed, abundance has crowned the toil of the husbandman, and labor in all its branches is receiving an ample reward, while education, science, and the arts are rapidly enlarging the means of social happiness. The progress of our country in her career of greatness, not only in the vast extension of our territorial limits and the rapid increase of our population, but in resources and wealth and in the happy condition of our people, is without an example in the history of nations. As the wisdom, strength, and beneficence of our free institutions are unfolded, every day adds fresh motives to contentment and fresh incentives to patriotism. Our devout and sincere acknowledgements are due to the gracious Giver of All Good for the numberless blessings which our beloved country enjoys. It is a source of high satisfaction to know that the relations of the United States with all other nations, with a single exception, are of the most amicable character. Sincerely attached to the policy of peace early adopted and steadily pursued by this Government. I have anxiously desired to cultivate and cherish friendship and commerce with every foreign power. The spirit and habits of the American people are favorable to the maintenance of such international harmony. In adhering to this wise policy, a preliminary and paramount duty obviously consists in the protection of our national interests from encroachment or sacrifice and our national honor from reproach. These must be maintained at any hazard. They admit of no compromise or neglect, and must be scrupulously and co... Free Essays on Polk's Address To Congress Free Essays on Polk's Address To Congress Fellow Citizens of the Senate and of the House of Representatives In resuming your labors in the service of the people it is a subject of congratulation that there has been no period in our past history when all the elements of national prosperity have been so fully developed. Since your last session no afflicting dispensation has visited our country. General good health has prevailed, abundance has crowned the toil of the husbandman, and labor in all its branches is receiving an ample reward, while education, science, and the arts are rapidly enlarging the means of social happiness. The progress of our country in her career of greatness, not only in the vast extension of our territorial limits and the rapid increase of our population, but in resources and wealth and in the happy condition of our people, is without an example in the history of nations. As the wisdom, strength, and beneficence of our free institutions are unfolded, every day adds fresh motives to contentment and fresh incentives to patriotism. Our devout and sincere acknowledgements are due to the gracious Giver of All Good for the numberless blessings which our beloved country enjoys. It is a source of high satisfaction to know that the relations of the United States with all other nations, with a single exception, are of the most amicable character. Sincerely attached to the policy of peace early adopted and steadily pursued by this Government. I have anxiously desired to cultivate and cherish friendship and commerce with every foreign power. The spirit and habits of the American people are favorable to the maintenance of such international harmony. In adhering to this wise policy, a preliminary and paramount duty obviously consists in the protection of our national interests from encroachment or sacrifice and our national honor from reproach. These must be maintained at any hazard. They admit of no compromise or neglect, and must be scrupulously and co...

Contemporary Issues in Financial Services Essay - 2

Contemporary Issues in Financial Services - Essay Example This paper will, therefore, identify and discuss some of the key and contemporary issues that have emerged in the financial services sector. The main aim will be to bring into focus some of the key issues in the nature and functionality of financial systems that continue to influence the economy and other financial service operations. To begin, it has been noted that the financial systems in the contemporary society have increasingly been associated with a linkage to overall economic conditions of nations. This will be discussed in the section that follows. Links between the Financial System and the Real Economy The relationship between a financial system and the real economy can be clearly understood in three components. They include the composition of aggregate demand, level of aggregate demand and allocation of resources. Composition of Aggregate Demand The financial system plays an important role in the economy in various ways. At the beginning, one should mention aggregate deman ds in relation to the total expenditure of goods and services of an economy for a specified period for a specified price (McEachern, 2011). The financial system of an economy has a bearing on the way its aggregate demand is constituted. One of the ways it influences economic dynamism is in the way it acts as a facilitator of lending on the one hand and borrowing on the other. Since scarcity is one of the great hindrances to economic growth, by providing a means of obtaining extra resources to offset deficits, the financial sector is therefore a good linkage to economic growth (Burton and Brown, 2009). In effect, the financial sector plays a direct role in the effective planning of expenditure independent of an individual or organization’s present income. A good example is the way creditors or lending institutions are able to store wealth for future consumption through giving out at certain levels of interest whereas borrowers are able to acquire finances to make purchases in advance of income. The result of positive influence of a well regulated and efficient financial system will lead to a relatively higher investment rate than that of consumption in the given economy. Since economic growth relies on investment levels, a financial system is, therefore, a necessary component of the economy. Level of Aggregate Demand Financial development levels may also have an influence on the level of aggregate demand. The level of agreement is subject to the rate of flow of the finances or money in the financial system. A high flow, or otherwise referred to as velocity, is a great determinant of the level of aggregate demand. In a financial system, individuals or lending institutions may decide to retain the cash they have at their disposal as a result of taking precautions for speculative purposes or by having them in solid assets. As a result, the flow or velocity of finances may be lowered as a consequence of decreased liquidity. On the other hand, a well function ing financial system that is able to effectively produce a range of assets that are liquid in nature may help reduce the amounts held by the said parties in the financial markets. The resultant effect will be that of increased velocity of money in the economy which is healthy for economic growth enhancement. The level of aggreg