Showing posts with label wisdom. Show all posts
Showing posts with label wisdom. Show all posts

07 November 2011

No Place for Bias in Management

The 2010 U.S. Census unveiled a trend I find startling. More young people are continuing to live with their parents into adulthood. Specifically, 19% of men and 10% of women between the ages of 25-34 have not ventured out and established their own households (an increase from 15% and 8% in 2005). I’m sure there are many reasons for this, including the state of the economy, but I have some trouble relating to it. When I graduated from college, I was anxious to be out on my own. I shared crummy apartments with friends and worked multiple low-paying jobs at a time until I got my career jump-started and could afford my own place.

This got me thinking about the domino effect resulting from young adults living with their parents. It means that they aren’t renting apartments or buying homes. Most likely, they are postponing marriage. They may be preventing their parents from moving on with their plans, since Mom and Dad assumed that they would be empty-nesters by now. Is Mom still making their meals and doing their laundry? What kind of employees are they in the workplace? Oops. This is where my husband threw a wrench into the conversation by reminding me…

We cannot let our biases affect how we relate to our co-workers and employees. What matters is how well people work within their teams and how they perform in their jobs. It’s easy (and dangerous) to project our own life experiences and values on other people. Everyone’s life unfolds differently, and their challenge is to find a way to meet their personal and professional goals.

As managers, your responsibility is to understand as much as your employees choose to share about their personal situation and avoid judging them. Mentor them in ways that will help them be successful. Create learning opportunities, coach and direct, be a good role model, provide thoughtful feedback, reward successes, and be accessible for help and support.

Regardless of where a person comes from or where they are in their life today, you can provide wisdom and experience that will develop young professionals in a way that may positively impact their lives for much longer than the time they work for you. Wouldn’t that be remarkable?

01 February 2010

Your Knowledge is Leaking

The Baby Boomer generation is readying for retirement. Some are retiring early or, having found an urgent social consciousness, are abandoning their lucrative corporate positions for more “meaningful” employ. In this weak economic climate, no one seems particularly concerned about their departure. Belt-tightening is the current modus operandi, layoffs are rampant, and the empty positions may be considered merely fewer pink slips to deliver. But what about the expertise, knowledge, and corporate wisdom that has become an inherent element of these human resources? Organizations are “leaking” corporate knowledge. Two years ago when I left my corporate VP position after 28 years with the company, no one showed any interest in knowing what files or other documentation I left behind. They were, however, quite interested in having me sign a legal document stating I wouldn’t take any corporate property out the door with me. I left current operational information with the staff still in place. I also discarded and shredded quite a bit of historical material that I used as references or templates for projects and tasks when I didn’t need to reinvent the wheel. There simply wasn’t time before my departure to try to explain it all. Besides, no one seemed interested. The departure of a single individual does not constitute a corporate tragedy (except, perhaps in the case of a Steve Jobs-type who is almost synonymous with the Apple brand). What amazes me is that I don’t believe corporate senior executives have any idea what information they may or may not be losing as individuals skip blithely out their doors. Certainly this is not a new problem; but with the job-hopping habits of generations following the Baby Boomers, we may be fast-approaching the peak of the issue in our lifetimes. Thoughts about remedies: · Extend documentation policies into better retention and storage practices. · Before the de-rigueur exit interview, have an in-depth, structured conversation with the departing employee to ask about their legacy knowledge and any related documentation they think is vital to the company. · Create a culture where organizational knowledge is clearly valued. · Incent employees to contribute and document key learning for future reference and use. · Employ database and query technology to store and access the information. · Consider having a Knowledge Committee that pursues documentation of critical information. · Establish a Knowledge Officer position to assign clear responsibility to gathering the wealth of knowledge and establishing a method for mining it.