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Waikato Business News October/November 2022

Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.

Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.

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30 WAIKATO BUSINESS NEWS, OCTOBER/NOVEMBER <strong>2022</strong><br />

2023 we’re<br />

coming for you!<br />

At this time of the year, many clients start to ask questions<br />

like – what’s coming up in 2023? Do you see the market<br />

changing next year? Will we see more candidates seeking<br />

new roles? Well, I do wish I had a crystal ball as it would make<br />

our lives easier, wouldn’t it? <strong>2022</strong> has been tough for many<br />

businesses and the historic amount of disruption over the last<br />

few years has left us feeling a bit shell shocked.<br />

Recently Gartner<br />

(gartner.com) surveyed<br />

over 800 HR leaders<br />

across 60 countries and all<br />

major industries to identify<br />

their priorities and challenges<br />

for 2023. Data is better than<br />

a crystal ball! First up 60%<br />

of respondents put “leader<br />

and manager effectiveness”<br />

on their list, followed closely<br />

by organisational design<br />

and change management<br />

(53%), employee experience<br />

(47%), recruiting (46%) and<br />

the future of work (42%).<br />

So, what’s driving these<br />

priorities?<br />

Globally organisation’s<br />

face uncertain and confusing<br />

times – rising inflation,<br />

scarce and expensive talent,<br />

and global supply constraints.<br />

• Employee expectations<br />

have changed considerably<br />

– more want flexible<br />

work policies and when not<br />

available, lack of flexibility<br />

affects their decision to stay<br />

with their employer.<br />

• Employees want to<br />

feel like they have a shared<br />

purpose with their employer<br />

– they want to feel connected<br />

to a business that takes<br />

actions on issues they care<br />

about.<br />

• Not surprisingly<br />

well-being is topping the list<br />

for employees and the Gartner<br />

report tells us that 70%<br />

of companies surveyed have<br />

introduced new well-being<br />

benefits or increased the<br />

amount of existing well-being<br />

benefits.<br />

• Lastly, 82% of<br />

employees surveyed said it’s<br />

important for their employer<br />

to see them as a person, and<br />

not just an employee.<br />

2023 and how<br />

to tackle it….<br />

• Work on how to<br />

become a humancentric<br />

leader – be authentic, act<br />

with purpose, be empathetic<br />

– show genuine care and concern<br />

for employee wellbeing,<br />

be adaptive – enable flexibility<br />

and support the unique<br />

needs of team members.<br />

• Involve your<br />

employees in change decisions<br />

– engage your workforce<br />

as active participants in<br />

making and shaping change.<br />

Consider shifting the ownership<br />

of change planning to<br />

your employees. Start early<br />

conversations about change!<br />

• Develop your leadership<br />

skills in a volatile<br />

labour market – consider<br />

building your sourcing capability<br />

to find accessible, not<br />

just available talent. Identify<br />

alternate skills and experiences<br />

that can fill your<br />

vacancies, target potentially<br />

internally first, incentivise<br />

mobility and focus on building<br />

your onboarding and<br />

induction practices. Many<br />

employees leave in the first<br />

three months because reality<br />

versus what they were sold is<br />

drastically different!<br />

• Refresh your thinking<br />

about matching your<br />

business planning to today’s<br />

reality. If the last three years<br />

PEOPLE AND<br />

CULTURE<br />

BY SENGA ALLEN<br />

Managing Director,<br />

Everest – All about people tm<br />

www.everestpeople.co.nz<br />

has taught us anything is that<br />

we need to be more agile,<br />

flexible, and responsive to<br />

what’s happening right now<br />

and how we can keep ahead of<br />

the trends.<br />

For me I think 2023 is<br />

going to be a bumpy ride<br />

with global headwinds at our<br />

door. We can’t keep doing<br />

the same thing year after year<br />

and expect different results.<br />

Spend time now planning for<br />

2023 and how you’ll adjust<br />

your sails.<br />

Handling Staff<br />

Departures with Care<br />

As the end of the year approaches, it’s the time of year<br />

when people start assessing their current job situation<br />

and you’ll start to see a few leave in anticipation of<br />

starting a new position to kick off 2023.<br />

Staffing changes happen<br />

all the time, but when<br />

it’s an integral member<br />

of the team who is in a leadership<br />

position then you<br />

need to handle the departure<br />

announcement carefully to<br />

mitigate potential risks. As<br />

we all know, really important<br />

staff members’ exits have<br />

the potential to create team<br />

unrest, customer unrest and<br />

can even lead to negative<br />

rumours in the industry if<br />

handled poorly.<br />

Because of these potential<br />

risks, it’s worth pausing<br />

and putting your PR hat on.<br />

How are you going to communicate<br />

this announcement<br />

internally, to staff, and externally,<br />

to clients, stakeholders,<br />

the industry and wider<br />

public?<br />

What risks are there – will<br />

staff feel concerned about<br />

the future of the company or<br />

their jobs? Will clients wonder<br />

if their projects or contracts<br />

are at risk? Is there a<br />

perception that the leader<br />

takes a lot of company IP and<br />

reputation with them, and<br />

how do you manage that?<br />

A well-planned communications<br />

strategy can ease a<br />

key staff transition and mitigate<br />

risks to the company’s<br />

reputation or projects.<br />

Here are seven things to<br />

think about when communicating<br />

about leadership<br />

transition at a company or<br />

organisation:<br />

GATHER YOUR<br />

INNER TEAM<br />

You’ll want to get key<br />

members of your team<br />

together immediately to start<br />

planning next steps. Keep<br />

things confidential and limited<br />

to just those who need<br />

to know.<br />

MAKE A PLAN<br />

Alongside your HR and<br />

recruitment plans, develop<br />

a communications strategy.<br />

This is your road map for<br />

communicating about the<br />

leadership change. You need<br />

to decide what to say and<br />

how to say it, and to whom,<br />

and in what priority order.<br />

This is a detailed planning<br />

process, and generally<br />

includes gathering information,<br />

considering audiences,<br />

setting strategic communication<br />

objectives, crafting key<br />

messages, looking at communication<br />

risks and mitigation,<br />

and planning a timeline<br />

for all communications.<br />

DOT THE I’S AND<br />

CROSS THE T’S<br />

It’s important to be thorough<br />

and consider every possible<br />

scenario with your communications<br />

execution and<br />

delivery to do it well.<br />

PREPARE THE<br />

COMMUNICATIONS<br />

Once you have your road<br />

map written, and signed off<br />

on by leadership team, it’s<br />

time to ‘do the doing.’ This<br />

may involve crafting bullet<br />

points for the staff announcement,<br />

with all the key messages<br />

you want to convey.<br />

This is typically followed<br />

up by an email letter that<br />

goes out to all staff, confirming<br />

the contents of a face-toface<br />

staff meeting. Another<br />

letter should then be sent to<br />

PR AND<br />

COMMUNICATIONS<br />

BY HEATHER CLAYCOMB<br />

Managing Director,<br />

Everest – All about people<br />

www.everestpeople.co.nz<br />

other audiences, including<br />

clients and stakeholders.<br />

As part of this preparation,<br />

it’s worth spending time<br />

brainstorming questions you<br />

may get asked so you are<br />

not caught out. In any situation<br />

where there is change,<br />

it can be upsetting, and it’s<br />

best to be prepared and have<br />

responses in place to assure<br />

staff and clients if needed.<br />

Get your email databases<br />

ready in advance, so everything<br />

is drafted, approved<br />

and you are ready to press<br />

send on the day of the<br />

announcement.<br />

STAFF COME FIRST<br />

In any announcement of<br />

this kind, talk to staff first<br />

before clients and other<br />

stakeholders, and do it in<br />

person where you can. If necessary,<br />

if you need to make<br />

the announcement across<br />

multiple office locations,<br />

consider getting staff in a<br />

Zoom call, and ensure the<br />

senior leaders at those locations<br />

have been briefed prior<br />

so they can answer follow-up<br />

questions.<br />

MEDIA/PRESS RELEASE<br />

When a key leader moves<br />

on to another role or even<br />

retires, it can be a great<br />

chance to celebrate their<br />

achievements and contribution<br />

to the industry, region<br />

or community. Write a media<br />

release for an industry publication,<br />

business paper or<br />

local media outlet. There<br />

is often a good story to tell,<br />

especially if it’s a long-serving<br />

team member. A media<br />

story can also help with<br />

recruiting a new person into<br />

the role.<br />

SOCIAL MEDIA<br />

Don’t forget about sharing<br />

the news on your social<br />

media channels as a last<br />

step. A post on your business’s<br />

LinkedIn page may be<br />

appropriate.

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