Friday, December 29, 2017

Paul's Update Special 12/29




According to a 2014 Gallup poll, companies, 82 percent of the time, appoint the wrong person to a management or leadership position. That's a staggering number. Here are seven characteristics that companies should look for in future managers. If those people don't have them, then don't promote them.

1. Great communications skills
Not only do leaders need to communicate often, they also need to communicate clearly and simply. When managers can show teams how they will be successful, they'll have more confidence in their managers' abilities to help them achieve the goal. 

2. Great coaching skills
More often than not, it's the people with the greatest technical skills who get the promotion. But teams cannot rely only on their leader's productivity level to be successful. Leaders have to be able to share their expertise and coach their teams to come up to their level of competence. 

3. Great nurturing skills
Leaders need to be able to develop their teams. Not only does this improve team performance, it also increases retention rates, as a lack of opportunity to grow is a top reason staff leave. 

4. Great networking ability
Leadership is all about influence, and one of the biggest sources of influence comes from networking. Having a great network confirms that a potential manager has good communication skills, and shows that he or she understands the value of collaboration and cooperation. 

5. Great empathy skills
Having great empathy allows you to put yourself in the position of someone else. This ability helps you build much stronger connections with your team, and fosters trust. 

6. Great team player
Loners rarely make good leaders. So, identify those people who are good team players, work well with others and understand the benefits of great teamwork. Not only will they work better with their teams but also build teams that work well together and elevate the overall results.

7. Great humility
All managers and leaders need to have confidence in their own ability; but when that confidence boils over into arrogance, problems can occur. 

When you interview leadership candidates, ask questions that will give you clues as to whether the individuals exhibit these seven competencies. Technical skills are important, but it's the soft skills that will determine how well a person will do in a leadership or management role. Get that right, and you'll have a chance of being one among that golden 18 percent of leaders skilled at appointing the right people to leadership roles.




Michigan’s rate of residential moves between counties within a state is ninth in the nation. That’s quite a contrast to Michigan’s rate of moves between states, which is 46th nationwide.

At a time when economists have noted that a decline in mobility creates a mismatch between available work and available workers, Michigan’s intra-state migrations could reduce those problems.

Thousands move every year between Wayne, Oakland and Macomb counties in southeast Michigan, and thousands more move in and out of Ottawa and Kent counties, the leaders of the West Michigan economy that is booming.
The intra-state moves help rearrange the labor market in a state that lost over 820,000 people to other parts of the country from 2001 through 2016, when the manufacturing sector collapsed and Michigan was the only state to lose population between 2000 and 2010.

It’s better for people if they can easily move from one area to another. They are better positioned to weather quick turns in the economy. But more frequent moves can hurt communities, taking away human capital that’s not guaranteed to return.

“If you are interested in the welfare of the individual, you want people to be able to move relatively easily, however if you are interested in the welfare of the place, then you would prefer that people don't move as easily and quickly,” said Don Grimes, a University of Michigan economist who creates an annual forecast of the state’s economy.

For many rural parts of the state that are rapidly aging and losing population, the loss of people reverberates for those who remain: the tax base is lowered and there are fewer people to support the economy, the schools, the community.
People move for a number of reasons besides jobs: They often move to attend college – some of the highest migration counties are where the state’s largest universities are – and often when they retire.

But one of the biggest drivers is still a career opportunity. And in West Michigan, those still have some magnetic appeal: Kent and Ottawa counties are growing in population, much of it driven by net positive migration from within the state.

Again, that’s good news – for workers, companies and the region’s housing. Also for advocates like Hello West Michigan’s Cindy Brown. It also helps explain why the region’s jobless rate hovers just over 3 percent – success begets success.

“We are not seeing a problem getting people to West Michigan,” Brown said.


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