Career and Finance

Tuesday, December 15, 2015

Walter Okpala: Motivating your staff in a difficult economic peri...

Walter Okpala: Motivating your staff in a difficult economic peri...: In my last post, I asked the question on how to motivate your staff in difficult economic times. This is a topic that comes up again and ag...

Motivating your staff in a difficult economic period

In my last post, I asked the question on how to motivate your staff in difficult economic times. This is a topic that comes up again and again whenever there is recession or downturn in the economy. The question arises because recession brings fear to the workers. The insecurity that comes from the possibility of losing their jobs paralyzes them. There can be no reasonable discussion with the boss when layoffs loom them. So, how should the leaders deal with this situation?
     The best thing to do in the given situation is to be open to all your staff. Tell them how the situation is and what you are doing to change it. Tell them the plans you have in changing the game. Also tell them what you intend to do if the situation gets worst. There is nothing better for any human being than showing them that you care. Even if some are laid off in the worst scenario, they will understand that, at least, their boss was humane with them. 
     The clarity of your plans and actions makes them prepare for the worst. It also gives them the motivation to go extra mile to change the course of events. There is no way you can lead someone with fear. In order to conquer the fear, there must be a vision. The vision is the driving force. In other words, vision is the force behind the motivation. If you are a leader, you need to understand this and apply it to your subordinates. Think about this!       


Sunday, December 13, 2015

Walter Okpala: How do you motivate your staff in a downturn econo...

Walter Okpala: How do you motivate your staff in a downturn econo...: There is always a question people ask regarding motivation. The question arises because of the economic cycles people go through. The cycle...

How do you motivate your staff in a downturn economy?

There is always a question people ask regarding motivation. The question arises because of the economic cycles people go through. The cycles are becoming common in recent times. So, how can a boss keep his subordinates motivated during a recession?
     Give your opinion!

   

Wednesday, December 9, 2015

Walter Okpala: How long can an employee stay in the same company ...

Walter Okpala: How long can an employee stay in the same company ...: In my last post, I mentioned the issue regarding the lenght of time an employee can stay in a company. Some specialists consulted on this t...

How long can an employee stay in the same company 2?

In my last post, I mentioned the issue regarding the lenght of time an employee can stay in a company. Some specialists consulted on this topic said that the era of a life time job is over. This means that an employee who stays for a long time in the same job can be considered outdated with respect to new technologies and flexibility required in a competitive business environment. Other specialists argue that they cannot recruit someone whose resume shows constant changing of jobs every 3 years. They think that something is wrong with this candidate.
     The question which then arises is: how long should be considered acceptable period of time to stay in the same job? Specialists responded that the reasonable period of time is company-specific. Since some companies adopt the practice of rotation of employees as their culture, staying for a long time in the same company can be tolerable while in the same function, not. However, a candidate who has worked for a long time in the same company and in the same function has a problem. Specialists argue that this is not only bad for the worker, but to the organization too. 
     People do not grow professionally if they are not challenged. They are also not innovative. People can only think out of the box when they are removed from the comfort zone. This is a good conclusion for the employee as well as an organization. The lesson we can learn from this is that even if you have been in the same company for a long time, try to change functions in order to permit your professional growth. Think about this!
            

Sunday, November 29, 2015

Walter Okpala: How long can an employee stay at the same company?...

Walter Okpala: How long can an employee stay at the same company?...: There is a question that always props up again and again. How long can an employee stay at the same company? Provide your comments on thi...

How long can an employee stay at the same company?

There is a question that always props up again and again. How long can an employee stay at the same company?
Provide your comments on this question. I will like to hear from you!

Tuesday, November 24, 2015

Walter Okpala: Asking for a pay raise 3

Walter Okpala: Asking for a pay raise 3: In my last post, I asked a question regarding good performance which is not compensated with an increase in salary. What should an employee...

Asking for a pay raise 3

In my last post, I asked a question regarding good performance which is not compensated with an increase in salary. What should an employee do in such a situation? I consulted 3 specialists about this theme and each gave me a different response.
     The first told me that the employee should first check the financial situation of the organization. If the condition is good, he or she can then ask for an increase in pay. On the contrary, the employee should not ask for a raise. The second specialist told me that the employee has the right to a raise if the performance is good. Therefore, the employee should ask for a raise if the organization did not offer that.
     The third specialist informed me that the employee should not ask for a pay raise, but should look for another place to fulfill his desire. The specialist emphasised that if the employee thinks he worths more, he should look for this compensation outside the present organization.
     Which of the three advice do you accept? Give your comments!