INSIGHTS AND RESEARCH FROM THE ALCHEMY LAB
welcome to the alchemy blog
INSIGHTS AND RESEARCH FROM THE ALCHEMY LAB.
We may be jumping the gun in reviewing the year but as we start to feel some Christmas Cheer, here’s our take on 2018. Merry Christmas and a Happy New Year.
Most organisations have some form of Wellness initiative implemented yet in a very ad hoc fashion. Exactly how they have determined these are appropriate is similarly hit and miss. A recent survey of HR professionals showed that 83% of respondents had no ongoing measures to track staff wellness. Our analysis of what organisations are doing globally, reveals there are four key elements that differentiate those organisations who are having a sustained impact on the wellness of their staff Click here for full article
We are in what is being called ‘The fourth Industrial Revolution; the era of digital disruption. The pace at which technology is developing makes it very hard to predict exactly what the future of work will look like, but we can prepare so that when changes do occur in our fields we can embrace them.
A recent Forbes article echoes sentiment we are starting to hear, that we are heading for another global recession and that as with the GFC, mass redundancies are probable. In any redundancy situation we must proceed with caution, be planful and treat those affected with respect and dignity.
While technology offers us so much and information is just a hyperlink away, the ‘human touch’ is even more important for good career transition support today. Click through to find out why.
Leadership development programs can be a significant investment eating into a good chunk of an HR budget, so how do you ensure that this is money well spent?
Last year McKinsey surveyed over 510 executives from across the globe and published the success rate of their leadership development programs. These programs were mapped to specific actions taken and their success rate.
Upskilling managers in leadership fundamentals is ‘on trend’ at present. Not only are we seeing more investment in one on one coaching but leadership programs are much sought after. Being business psychologist, an evidenced based approach to what we do is all important and we know for HR to have a seat at the executive table, measurement and metrics must underpin HR strategy and programs.
McKinsey’s findings are built into ALCHEMY’s 4D project management methodology. As such, we partner with our accounts on these activities to boost the success rate of our projects together and the impact that we have on an individual and organisational level.
Click here for further information on McKinsey’s research and how we utilize it for success.
ALCHEMY exists to help people achieve career success and be at their best. Sometimes we all need the inspiration of others to nudge us in the right direction or simply ‘keep the faith’ and soldier on. Career transition can be ‘scary’ as it means change and uncertainty. From an evolutionary perspective, we human prefer to stick with the tried and true because it seems safe. So for this reason we would like to present you with a regular blog that celebrates greatness in others and is inspiring; people that excel, who while they make what they do look effortless, we know that this has come from putting themselves out there, focused effort and tenacity. And because we are all about careers, let’s start with this inspirational woman who has reframed her career in terms of social impact.
In the last couple of days there has been quite a focus in the media on the best start-up businesses to work for. The first thing that popped into my mind was “I wonder how the heads of these businesses are doing as leaders?”. Starts ups are challenging on a number of levels. Exciting as a new product or service comes to the market with great passion backed by generally highly intelligent and driven individuals BUT also frequently a lack of leadership skills. We’ve seen a few high profile entrepreneurs exhibiting interesting behaviours of late. As a business grows it becomes less about the individual and more about the team. Great leaders surround themselves with great people and harness the collective wisdom.
As business psychologists we often see dysfunctional behaviour in young businesses through no major fault of anyone’s. Lack of experience and development plus pace of business leads to ‘winging it’. It’s not always young businesses either. We see dysfunction in larger and/or mature businesses where senior managers put their functional team needs above those of the leadership team that they belong to. Patrick Lencioni’s ‘The Five Dysfunctions of a Team’ captures this brilliantly.
Click through to find out about ALCHEMY Group Coaching
When most businesses assess the cost of making roles redundant, they calculate the direct cost of the redundancy pay out and legal fees. Few consider the indirect (and substantial) costs or opportunity cost.
David Rock’s work into the neurology of leadership as summarised in his paper ‘Managing with the Brain in Mind’ gives us a powerful insight into human behaviour and what this means within the work context. We apply this research into our approach to coaching and leadership development