Maximizing Performance Through People

 

          

 

               Maximizing Performance

                     Through People

 

Starfish Performance E-Zine is your source of information for current and cutting edge topics related to maximizing people performance in the new business normal.

October 2010 

 In This Issue

 

 Featured Article:

Are You Prepared for the New Business Normal?

·   Key Driving Factors

·   New Normal Workplace

 

About Starfish Performance Consultants

 

Seminars and Workshops

 

New Website

 

Contact Me

  

November Featured Topic

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About Starfish Performance Consultants

 

We work with businesses that want to tap into the potential of their people and turn it into performance.

 

Our primary services are designed to meet emerging workplace needs in the new normal, and focus on three essential areas: 

  

People Performance 

Pay and Rewards 

Promotion and Development

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 Seminars and Workshops

  

How can your business increase the effectiveness of employee talent and overall organizational success?  Check out our website to see the selection of numerous workshops and seminars on topics related to maximizing people performance. 

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Updated Website

 

Visit our updated website at www.starfishperformance.comwhich provides detailed information about all of our Signature Starfish Services, workshops, seminars and resources.  You will also get the opportunity to schedule a one hour complimentary consultation with me or read my latest blog.

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Contact Terry Crow

  

As the owner of Starfish Performance Consultants, I am pursuing my passion of working with businesses as they successfully navigate their way through the new business normal by tapping into people performance.   Let me know how I can leverage my twenty plus years of management and consulting experience to maximize the performance of your business.

 

I always welcome questions or comments. Just call or send an email and we'll take it from there.

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November Featured Topic

 

“Excellence in Execution”

Excellence in executing the business plan through people is a foundational factor for future business success in the new normal.  Read November’s featured article to learn more.

 

 

 

Are You Prepared for the New Business Normal?

 

Key Factors Driving the New Business Normal

 

 Remember the phrase “business as usual?”  Guess what?  There is no “business as usual” anymore, and there will be no going back to the way it was before the economic recession. The landscape of business is morphing into a new way of doing business…a new business normal.  Some of the key factors that are driving these changes include:

 

Economy: Although there appear to be some signs of thawing, the economy continues to be sluggish and will likely remain that way in the foreseeable future.

 

Technology: Our world is moving at an exponential pace, and the rapid rate at which technology is changing is one of the most significant drivers that impacts the way business must be conducted.

 

Nature of jobs and work:  The increase in technology has resulted in the creation of more complex, knowledge intensive jobs requiring workers with greater skills, knowledge and abilities than ever before.

 

Demographics: Projected changes in demographics will continue to make finding and retaining qualified employees a daunting task. An additional challenge includes managing a workforce that is comprised of individuals from four different generations with increasing ethnicity and diversity.

 

Globalization: Our “backyard” is now the world.  While globalization provides the opportunity to reach more potential customers, it also means increased competition and more pressure to compete on people, price and product.

  

Businesses that aren’t prepared for the new normal will be outpaced, outperformed and out of luck.

 

 

New Normal Workplace

 

The business imperatives that follow are applicable for businesses of any size and describe some of the fundamental changes that must occur in the workplace if it is to be effective at energizing, directing and sustaining employee performance.

 

Viewing People Performance Through a New Lens

Performance and contribution will be viewed as being more fluid than static. Emphasis will be placed more on continual improvement and progress instead of focusing solely on snapshot events, such as the annual performance review, to assess and measure the effectiveness of employee contribution to the organization.

  

Out With Boring, Meaningless Work

In the new normal, successful organizations will develop meaningful, stimulating jobs that capitalize on individual strengths and are clearly linked to the organization’s mission. These organizations recognize that employees need to feel a sense of achievement and accomplishment in their work through role clarification, goal setting, and ongoing dialogue, feedback and coaching on performance.

 

Employees Must Become More Autonomous Performers

Employees must become more self-directed, autonomous workers who are prepared and empowered to be “owners” of their jobs and their performance. This change in focus must be supported by the way performance is managed and further reinforced by compensation and reward opportunities.

 

Managers Must “Manage” Employees in a New Way

A new breed of managers and supervisors must be developed who possess the competencies needed for success in the new normal and who support the paradigm shift required between manager and employee roles going forward.  These managers will be equipped with the tools, training, and latitude necessary for creating high performance work environments that instill a sense of cooperation and mutual trust.

 

Talent Must Be Constantly Growing, Learning, and Sharing

All employees must have access, opportunity and encouragement to develop their talents in a work environment that cultivates continual learning, growth and information sharing.

 

So, what does it all mean?

 

Although these are uncertain times, opportunities still await businesses with the right model to succeed.  Forward-thinking businesses understand that there is a “new employment deal” emerging between employers and employees. The way that work gets done and managers “manage” must undergo fundamental changes. 

 

Never before has it been more important for businesses to have the most talented people in jobs that capitalize on their strengths, and where they are encouraged to contribute their individual best in support of the organization’s mission…but this must occur in a new way.

  

 Are You Prepared for the New Business Normal?

    Starfish Performance Consultants,LLC

   10429 Raven Brook Lane

    Knoxville, TN 37922

    (865) 690-1776 (p)

   (865) 804-3915 (m)

    www.starfishperformance.com

    terry@starfishperformance.com