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Yellow Harbour

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Latest HR Trends Taking the Workplace by Storm

The Workplace is an ever changing environment and its important to always understanding what's good for your business and how to reach the maximum potential of all internal resources.

Data, data and more data!

The ability to collect, process and analyse "big data" is becoming a crucial factor in identifying and managing the challenges of business life cycles. Businesses are using data to analyse everything, from making smarter decisions in talent management to predicting future challenges within the business. With all the technology available today businesses need to consider how they best apply the proper analysis and provide proper interpretations to drive meaningful decisions.

 

Employee Engagement

Increasingly, organisations are focusing on improving their employee engagement to drive better performance. According to the Mandrake report, employee engagement is strongly connected to business outcomes essential to an organisation's financial success, such as productivity, profitability and customer engagement.

Change in Employee Performance Reviews

Many organisations are moving to a structure focused on ongoing conversations with a one-size-fits-one ideology between  managers and employees that encourages development. Their current performance management approach drives neither employee engagement nor high performance and is of no significant benefit to the business or employee as  improvement is limited. The objective of this approach is to have more regular communication between the upper and lower tiers within an organisation and provide more personalised feedback to gain the most from their employees.

More Millennials

While much has been made of the retiring Baby Boomers, on the other end of the spectrum is the growth of the Millennials. According to Deloitte's research, Millennials will account for nearly half the global workforce by 2020. In some companies, they already constitute a majority. Organisations that want to attract and retain fresh talent will need to recruit this cohort of digital natives and ensure that their journey through hiring and on boarding is supported through mobile and social platforms.

Individualising

Treating employees as individuals and not as part of a group or team is becoming a visible trend. When performance can be measured and connected to individuals, top performers seem to perform 5-10 times better than average. Performance measurement is an enormous opportunity for HR. If HR can find ways to measure real performance, and can improve the detection of potential top performers, the business impact can be huge. Many organisations are moving to a structure focused on ongoing conversations between a managers and employees that encourages development. With big data analysis it has become easier to detect and predict individual preferences of employees, and organisations can act on the insights with tailored programs and interventions.

Back to Brick and Mortar

The advice to employees used to be: work from home and only come to the office when it was necessary or you needed to meet people. A returning trend is organisations sayings 'Please come to the office'. Organisations have found their employees that work from home are lonelier and do not have an invested interest in the success of the organisation. Employees that are more engaged in the organisation tend to want the business to succeed.

 

 

Contact Yellow Harbour at info@yellowharbour.com or call us on +353 (21) 492 8940 to see how we can help your organisation improve employee engagement through CSR.

For more info click here.

 

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Sustainability - The Latest CSR buzzword

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Corporate Sustainability is all about conducting business in the present that won't impact negatively on future generations.Think of it as a delicate CSR 'balancing act' consisting of three distinct goals, which according to Sustainabilitydegrees.com are:

  1. Environmental Protection
  2. Social Responsibility
  3. Economic Practice

It means taking into consideration EVERY dimension of how a business operates on a social, cultural, economic and environmental level. Whether in relation to your business impact on the environment, local community or employees, sustainability is where its at when discussing CSR. It gives you three key ingredients to look at, and plenty of scope in which to adopt them. Right now, the business world is ALL about sustainability. We've come through the recession, but millennial employees won't be forgetting the struggles of the past decade any time soon. Give them something to rely on, and an employee to trust.

Future-proof your business with CSR policies for each of the above goals. Don't overemphasises your environmental impact, or your employee schemes. Chose a variety of adaptable and sustainable policies that can withstand the test of time, that show you have your finger on the button when it comes to what's what in the CSR world.

The following article also gives an insight into Corporate Sustainability and how to make it a success for you.

http://www.triplepundit.com/2016/01/the-most-important-csr-trend-for-2016-a-move-toward-systems-level-thinking/

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Corporate Reputation Planning

“You don't have to fear your own company being perceived as human. You want it. People don't trust companies; they trust people.” 
 Stan Slap

There is a lot to be said for corporate reputation building, it is much more than simple reputation 'management'. The strength lies in the foundations; build yourself a good corporate reputation, and it can last a lifetime. The trouble is figuring out how to start. Here are a few simple tips for planning your corporate reputation, why this is so important, and how we can help.

  1. Companies that care, care.

We at Yellow Harbour work with companies who want to increase employee well being and engagement, give back to communities and do good on a national and international level. CSR strategies and corporate reputations need to rely on a simple foundation that the company DOES care. Don't use CSR as a mask. Find out what your employees care about and how they want to give back, and build from that. This not only helps them feel involved and important, but will show everyone else your company didn't just suddenly panic and jump on the CSR bandwagon. Care about the CSR strategies you are building.

2. Prepare to Fail if you Fail to Prepare.

You did the research. You know what would work best for your company and what your employees want. The local community is about to benefit from your CSR strategy. Plan it out. Find the appropriate experts who can help if they are not already available to you. Their expertise will prove honest, unbiased and invaluable. Corporate reputation planning needs a variety of inputs from several people, and often an outsider holds the key in letting you know if the CSR strategies in place are truly beneficial. Nobody want to realise three years down the line their reputation management was all just smoke and mirrors. Don't hesitate to contact us if you want to find out more about employee volunteering programmes, as well as other CSR strategies that would best suit your business

3. Reputations require time to build

Patience is a virtue. A good plan to build a positive company reputation needs to extend beyond the Christmas charity donations. Be patient, and keep on top of the strategies in place that will, in time, serve to show the world that your business has steadily built a positive corporate reputation based on its care and dedication to CSR within the company.

 

Make sure your CSR strategy can stand the test of time and watch it flourish.

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#LoveSMEs -Yellow Harbour are up for an SME Award!

    Picture Source: SMEawards.ie

 

Picture Source: SMEawards.ie

This week the gang at Yellow Harbour received some wonderful news - that we are nominated in the New Business- Services Category for the 2016 Irish SME awards.

Following on from our nomination for the Cork Chamber of the Year Awards, we are thrilled to have been shortlisted once again in such a short space of time for yet another great Irish accolade.

This is the second year of the awards, and last year saw businesses such as One Man and His Van and  Fernhill House Hotel crowned winners. It's a great time to be starting a business in Ireland as people are really beginning to look to support local ventures, so if you're thinking of doing so, do it!

We want to wish all nominees, and especially our fellow New Business category nominees the best of luck. There are some really great Irish companies being recognised this year by Blacknight Solutions, and we cannot wait until the 16th of April when all winners will be revealed.

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