'I am often invited to give talks at corporations and government agencies, and the first thing I tell managers is that they need a neurodiverse workforce.'
One number stands between thriving and floundering workplaces: $2,500. That’s the most 65% of businesses spend per year, per employee on leadership development, according to a survey of more than 700 HR leaders conducted by Forrester and HR Executive Magazine.
It's a paltry sum for many companies, but when spent intelligently, it can help promising employees become effective leaders, says Katy Tynan, a principal analyst at Forrester who co-published the report.
Employee mental health support has long been the responsibility of the Chief Human Resources Officer or Chief People Officer. But in today's world, this is also a business operations conversation for the CFO. Here's why.
Due largely to early retirements and a caustic mix of ageism and cost-cutting measures, businesses let too many older workers go during the pandemic, and when they left, so did a lot of institutional memory, expertise, and loyalty.
With fewer younger workers entering the labor market for at least a generation, employers that don't think beyond today's working-age population will likely struggle to build a reliable workforce that can maintain operational efficiency and effectiveness.
While the labor market appears to remain resilient, it's hard to ignore the characteristics of the macro economy that make this feel like a recession of unknown severity.
Preparation is key to weathering the storm, and businesses must use this time to prepare their hiring strategies for a potential economic downturn.