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.