Archives for January 2017

Job Switchers Seek New Challenges Above All

By Roy Maurer, originally posted on Society for Human Resource Management Online, January 30, 2017.

The desire for a new challenge is the top reason workers switch jobs, according to a survey conducted by executive search firm Korn Ferry International.

Nearly three-quarters of 1,958 respondents (73 percent) cited the lack of a challenge in their current role as the main reason why they would look for a new job in 2017. Other reasons given were not feeling recognized and not liking their employer (both at 9 percent), compensation that is too low (5 percent), and not liking their boss (4 percent).

Of those planning to seek a new job in 2017, most (76 percent) said that they would look for another job in their current career, while 13 percent said they would apply for a job in an entirely new career field.

Kevin Cashman, a senior partner with Korn Ferry, said that the survey results mirror a series of studies he’s seen that show that money tends not to be the main motivator for job switching.

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The Global Leadership Dilemma: To Be Inclusive Or Not To Be Inclusive?

By Kevin Cashman, originally posted on Forbes.com

We are witnessing an impassioned debate playing out in our political and cultural worlds. Should we serve our own interests or the broader interests? Should we put America first or the world?  Should we place our company interests first, our customers’ interests, or the environment? Should we place our career success as primary or our team’s success? The answer to these and other salient questions is obvious. “Yes.” We need to do it all.

However, today’s debate tries to force a decision—one or the other— on issues that call for dynamic and tough reconciliation.  All our leadership research spanning millions of senior leaders globally suggests that leadership involves the constant reconciliation of the “I” and the “We” domains of leadership. When do we push and drive for our own way, excluding the views of others, and when do we involve others: listen, collaborate, and synthesize their insights for a more diverse and inclusive view?

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Why Purpose Should Be A Pivotal Part Of Your Business Strategy

By William Vanderbloemen, originally posted on Forbes.com.

The secret to better and bigger work may not be better and bigger numbers. A recent study from Korn Ferry showed that companies with teams focused on their organization’s purpose had annual growth rates nearly three times the annual rate for their entire industry.

According to the survey, 90% of people who worked in a purpose-driven organization reported feeling engaged in their work. In companies that aren’t as focused on purpose, only 32 percent of employees reported feelings of engagement and connectedness with the work they were doing.

But practically, how do you accomplish this? In a sales-driven world, it can be hard to shift focus without feeling like you might suffer in your business. Here’s some ways we’ve focused on driving purpose and increasing work engagement at Vanderbloemen.

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The Trillion Dollar Difference

Although organizations obsess over technology and its promise, people hold huge, measurable value, and they can’t be neglected in the future of work, Korn Ferry research finds.

Visit Korn Ferry Institute for an interactive exploration of The Trillion Dollar Difference whitepaper, as well as the whole Future of Work study.