On May 18th, 2012; I was once again on @DriveThruHR, the only weekly Blog Talk Radio show on HR. My pleasure of course and it was a great discussion on employee engagement, with a particular focus on Culture. Feel free to listen in and enjoy.
A few items addressed:
The lost productivity of actively disengaged employees costs the US economy is $370 Billion annually (Gallup)
Can culture be manufactured?
Should we hide or shine our company culture?
Culture = Vision. There is no separation or masking what you truly are!
I was once again a guest on the famous DriveThruHR daily a few weeks back (Aug 8, 2011). We had scheduled my appearance about 2 weeks before and how funny was it that on the Monday they asked me the question “What keeps you up at night?” that Standard and Poor’s had just announced the downgrade of United States from AAA to AA. Ahhh… well here we are; William Tincup, Bryan Wempen and I discussing Work, Business and the affects of the S&P downgrade. I am no economist but I am aware!
Enjoy and let me know what you think!
(A short commercial may run before the interview begins)
The U.S. Congress sets a federal budget every year in the trillions of dollars. Few people know how much money that is so we created a breakdown of federal spending in simple terms. Let’s put the 2011 federal budget into perspective:
U.S. income: $2,170,000,000,000
Federal budget: $3,820,000,000,000
New debt: $1,650,000,000,000
National debt: $14,271,000,000,000
Recent budget cut: $38,500,000,000 (about 1 percent of the budget)
It helps to think about these numbers in terms that we can relate to. Let’s remove eight zeros from these numbers and pretend this is the household budget for the fictitious Jones family.
Total annual income for the Jones family: $21,700
Amount of money the Jones family spent: $38,200
Amount of new debt added to the credit card: $16,500
Outstanding balance on the credit card: $142,710
Amount cut from the budget: $385
The S&P Downgrade – Background: AAA to AA+
Standard & Poor’s – AA – remember that this group also helped hurt the markets with their AAA ratings of the mortgage backed securities
The rating change is and should not be a surprise but there are 2 main reasons: (1) We spend more than we have coming in and (2) politics (It is clear that the rise of the Tea Party and the pledge of Republicans in general to never raise taxes, along with the Democrats unwillingness to cut Social Security, produced the downgrade)
We should not be worried but we should definitely become aware.
More than just an indicator of US politics, business practices and personal debt
So there will be two things we will need to focus on
Employee Motivation
Leadership Challenges (99% of the company looking for 12 people to decide)
Business (Leadership Challenges): China complained but is still buying US Treasuries. Why? Out of safe bets we are still the safest.
I am not an economist - China keep its currency value artificially low
One way they do this is by buying US treasuries
This low value of the Yen keeps their goods and services low and marketable globally
Being able to sell your goods globally at a much lower rate than other competitors keeps you more competitive.
This affects US companies in their ability to be and stay competitive
High Competition leads to the potential of Lower margins and possibly an increase in operating costs
This affects a business’s ability to maintain staff leading to the situation we are in now.
This week I begin some more travel for work which will take me to Atlanta. In the near future I will be in Dallas, Phoenix, Orlando, Philadelphia, etc. etc. While in Atlanta, after I am finished with work, I will take a break to join a number of others at HRevolution. You can follow the event via Twitter at #HRevolution.
On April 15 I was once again a guest on DriveThruHR, a show that takes place Monday through Friday from 1pm - 1:30 EST, discussing anything related to the Human Resources industry. Since I will be traveling so much in the next few months that is the subject we mainly discussed. Listen in and enjoy.
Another Trip: I will be attending the ASTD International Conference in Orlando, FL in May as a press blogger. While I am there I will be hosting, along with ASTD, the official #ASTDTweetup. Feel free to RSVP on Facebook or Linkedin. Follow the conversation #ASTD2011.
I have been busy like anyone else. I have been up to a lot and also been asked to be a part of a lot of great projects. While I love being involved with more, I have to actually step back a little. However, this does not stop me from getting involved with some great people and projects from time to time.
I was honored to be asked by William Tincup and Bryan Wempen once again to be a gust on the great DrivethruHR show. We discussed Leadership, Training and the fact that all companies need renegades and mavericks!
When Chris Ferdinandi at RenegadeHR did the original “Do Amazing Things” in 2010 I thought it was a great read and filled with agreeable and disagreeable content that helped people challenge their mindsets!
So when he asked me to write an article for the 2011 version of the e-book I was especially honored to contribute to “Do Amazing Things 2011.” The E book is packed full of insightful writers from the field of Human Resources. Download your free copy click here.
I will be a press person for the upcoming ASTD International Conference in May. It will be especially cool because I will be one of the few bloggers as press! Shout out to my friend Sharlyn Lauby! If you will be there then please feel free to connect and say hello. Maybe we can join in on some great sessions or even be hecklers in the bad ones!
I participated in Ignite Cincinnati #3 last year and I was lucky enough to be voted in on #4 as well. The following is my “always could get better at a 5 minute nerve racking” talk. Will do another as long it is not on a night I am training!