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In This Issue
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Research topic - induction....
Predicted trends for 2010 and beyond
Seven things to consider in 2010
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Research topic - induction.
If you are involved in company induction and would like to take part in a confidential survey we would be delighted to hear from you.
 
 For further information please contact us and quote 'induction' and we will be in touch with more information.
 
 
LCP Newsletter
Greetings!  
 

So here we are at the beginning of a new year and a new decade, which always provides an opportunity for reflection. Many organisations are in the process of reviewing their business plans and taking stock of their performance over the last 12 months to see what lessons can be learned.

 

So in this issue we thought it would be useful to review what the leading thinkers are predicting for the coming year(s).

 

The first article summarises the key predicted trends for

2010 and the second article suggests seven things organisations can do to strategically plan the people aspect of their business, to meet the challenges of a new decade.

Predicted trends for 2010 and beyond

2010From reviewing the articles and opinions of pioneering thinkers in leadership and management development, we found that there is a general consensus that things will not return to 'business as usual' after the recovery but rather, 'business as unusual'.
 
In the UK we are experiencing one of the deepest and longest recessions since the early 1980's and for many organisations this has created opportunities as well as threats. 
 
In their fight for survival, many companies have had to work smarter and more efficiently than they did before and this has resulted in changing working practices, raised customer expectations, and greater flexibility and responsiveness. 
 
Freemont Learning, in their study of 50 CLOs 'State of Management Development' 
found that senior leaders were using a combination of pragmatism, focus and innovation to respond to challenges such as decreasing budgets and increasing stakeholder demands.
 
Tammy Erickson (Harvard Business Publishing) in her predictions for 2010 suggests that the employer-employee relationship will see some significant changes in the future, with employees becoming less reliant on their employer as their sole source of income and becoming more 'entrepreneurial'; she discusses the concept of a two-job norm.  She also argues that employees will start to question long working hours and employers will see more 'push back' as employees look to create more time for their other interests.
 
Many of the articles we reviewed believe there will be a real fight for top talent in the coming years, particularly with knowledge based workers.  Sozen Leimon, a partner at Maxxim Consulting, states, "As the recession lifts and employees get their nerve back, the second major challenge will be the struggle to retain top talent".

Bersin and Associates (2009) agree, and predict that talent management programmes will be strategically planned and overseen at board level because of their critical importance to organisational success and growth.

Another area of general consensus was that budgets will continue to be squeezed, particularly in the field of learning and development, and also in the public sector, irrespective of which party wins the general election.  This will result in leadership development initiatives being more outcome-orientated than input focused.  Investment in learning and development is likely to be tied to strategic goals and financial measures.

The trend for increasing employment law will continue and the CIPD predicts changes in compensation limits; union blacklisting; SSP; maternity, paternity and adoption pay; the right to have time off for training; safeguarding vulnerable groups; and a review of the default retirement age. 

Finally, many predict that HR professionals will need to develop broader business skills and become more business focused.  In an article in Personnel Today (2010), David Yeandle, Head of Employment Policy at the EEF, said, "I'm still not convinced there are enough HR professionals who really understand the business in the same way as their colleagues in financial, buying and sales." Nick Holley of the Henley Business School agrees; "Good HR is talking the language of business."
 
The new decade is set to provide us with a number of challenges and opportunities, and organisations that anticipate and plan for these changing trends will be able to make the most of the capability in their business to support growth for the future. 
 
Seven things to consider in 2010
seven
 
Working out priorities for the coming 12 months can be hard, but to help you, here are some recommendations from us to address the points raised in the article above:
 
1. Think about how to do more with less 
 
Unfortunately, the experts do not predict a huge rise in training budgets so organisations will need to think about how to continue to develop their people at less expense:
  
Think about a blended learning approach so that expensive classroom based training is consolidated with e-learning, peer mentoring and coaching.  Not only will this increase retention of information but it will also reduce costs and time spent off the job.  
  
2. Do 'just in time' training and development
 
Sometimes organisations put their employees through training that is not used straight away (presentation skills comes to mind).  Training is far more effective if the learning process continues by using the new skills and knowledge 'back on the job'.
 
Use real work-based projects to coach and mentor others to develop skills and knowledge that deliver real results to the business.
 
3. Focus on the results rather than the input of time and effort.
 
This requires getting the right measures in place.  Just because someone attends a five day leadership programme does it make them more effective?  How do you know?
 
4. Use social responsibility projects as a tool for learning and development.
 
Many organisations are working hard at giving something back to their communities; rather than do it in isolation use it as an opportunity to help your employees to learn and develop new skills. 
 
For example, renovating a village hall could become a team building event or a tool to teach good project management skills.
 
5. Focus on developing first line managers and high potentials.
 
Unfortunately, when budgets are tight spending has to be prioritised and the Freeman Learning study found that senior leaders were most protective of new manager and high potential programmes.
 
6. For HR professionals - develop a broader understanding of the business.
 
To be influential at senior level you need to be able to build a business case that incorporates all strategic aspects including finance and marketing.
 
7. Think about individual rather than group development.
 
Large management development programmes can be expensive;a better use of time and budget may be to tailor development activities specifically to the needs of the individual through initiatives like coaching and stretch assignments.
 
At LCP we can help you with your learning and development plans.  For a no obligation discussion contact us at enquiries@lcp.org.uk or phone 01273 707404
Learning Consultancy Partnership provides bespoke coaching and development solutions to meet the specific needs of organisations, at all levels.
 
To find out more, please visit our website at http://www.lcp.org.uk.