C-Suite Intelligence 9th September

Winmark's C-Suite Intelligence service provides news, content and research to help leaders across all C-Suite functions overcome the significant challenges they are currently facing

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TOP INSIGHT



Webinar: Belonging and inclusion
 
22 September 2020
12:30 - 14:00 (BST)


The focus on belonging as a paradigm for inclusion in organisations has been expedited by the COVID crisis; and the recent Deloitte Global Human Capital Survey identified belonging as the top human capital priority for organisations.

As leaders are looking for ways in which they can retain culture, create a sense of community and protect wellbeing in our increasingly virtual world, this webinar, hosted by Sheridan Resolutions (partners on Winmark’s CHRO network) introduces the concept of belonging at work.
 
Helen May, author of the upcoming Pearson International title ‘Everyone Included: A Leader’s Guide to Belonging’ will give guidance on where to start your journey and take your questions on a subject which is critical to organisations in today’s climate.
 

 

​​​​FURTHER INSIGHTS


Make your people part of the solution, even virtually
 
Management Issues
 
When responding to complex problems, people typically own and support what they have a hand in creating. This generates alignment and buy-in, and most importantly, inspires lasting change. Such a collaborative approach is even more important in a virtual setting, as it helps leaders counter the disempowerment and disengagement that their employees may feel with a lack of face-to-face contact.
 
Many companies will feel that 2020 has presented them with a succession of seemingly insurmountable problems. But those that find meaningful ways to engage their employees in the design of solutions are likely to rise above adversity and to emerge as winners. To do this, organisations should focus on the following three principles when addressing complex problems in a virtual setting: 
  1. Create the right space
  2. Set the right conditions for honest contributions
  3. Empower people to forge their own path.
 
 
The end of bureaucracy?
 
BCG
 
The challenges facing businesses today are evolving rapidly, yet most firms are still organised along the entrenched 19th century paradigm of bureaucracy.
 
Some companies have boldly experimented with alternative organisational forms such as Scaled Agile Framework, Open Organisation etc., moving away from the planned, top-down nature of bureaucracy.

In some of the companies described in this article we can see hints of a revolution that will likely affect all companies and sectors in the future.
   
 
Reigniting your company purpose
 
Bain & Company
 
In a Bain & Company survey of nearly 1,000 global employees of companies of all sizes conducted during the early months of the crisis, 75% of employees said that they are proud of the way their company has supported them and their customers during the pandemic, and 64% reported feeling proud of the way their organisation has supported the broader community.

Among employees whose satisfaction with their company increased through the pandemic, 86% said that their employer has a purpose that its people are passionate about and find meaningful.
 
But how do we define purpose? One way is as the reason a company exists - namely, the why, the thing that gives meaning to employees’ everyday work. Purpose is also a long-term notion - what you want to stand for over the next half century.
   

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