As the technological revolution takes hold and business, as we know it, continues to change - good leaders need to be able to adapt. They need to be able to adapt to the circumstances and pivot their business in a way that makes them as effective and future-proof as possible. As technology displaces employees, a new workforce will emerge, a workforce which is underpinned by soft skills...a recent statement in a report published by Accenture summed it up nicely:
Middle managers come under fire a lot. So much so that our CEO, Alexander Fahie, wrote an article about it recently. But at Ethical Angel, we aren’t here to echo what everyone else is saying about middle managers and why their time in the business world is limited. We want to understand what the current issue is with middle management, where the skills gaps are, and how these gaps can be closed. After all, middle managers are critical to keeping employees motivated whilst providing the vital link between business leaders and the employees on the ground and subsequently they should be set up with the vital technical and soft skills needed to fulfil their role.
The CIPD definition of learning and development is to create the right culture and environment for individuals and organisations to learn and grow. But currently, some would say, it’s not fulfilling its role. A recent survey found that 75% of managers were dissatisfied with their company’s L&D function, and 70% of employees say they don’t have the right skills to do their job effectively. This is clear evidence that learning and development is not working, as employees and managers are not getting the right assistance to grow, learn and ultimately develop.
When you were at school, you may remember that we were constantly told that the best way to learn was by doing… Of course, most of us didn’t take any notice of this advice and carried on with the “proven method” of getting our heads in books. And how wrong we were. A recent study found that when it comes to practising what is learned compared to just studying written material, retention of information more than doubles with practice, from 29% to 68%.
Jack Ma, the chairman of Alibaba, says soft skills are the future. Humans cannot process data quicker than machines, so don’t try. Do what they can't, which is collaborate, influence, lead, and problem solve. He follows the countless professionals who advocate soft skills as the way forward, the future, the key to unlocking the workforce.
Since the outbreak of Covid, we have seen the world changing at a rapid rate and notably, the way we work is another area that is undergoing a huge transformation. Although changes were initially enforced by circumstances, the majority of companies have now accepted this change and are actively encouraging their office workers to operate from home to some degree - now referred to as hybrid working. Many employees have warmly embraced this new way of working too, as it allows them to work flexibly and leaves them with more time to focus on family, health, hobbies and wellbeing. It can also help companies cut office rental costs and improve their performance thanks to happier staff who are working more effectively.
At Ethical Angel, we’re always looking for new ways to celebrate community investment that businesses and their employees are engaging with to support nonprofits. That’s why we’re proud to introduce The Ethical Angel & Charities Aid Foundation Community Investment Award.
Many companies are waking up to the benefits of corporate volunteering. Offering employees a few days of paid leave per year to volunteer with charities of their choice, or organising volunteering days for the entire team, can be a great way for employers to empower their staff to give something back.
If you’re currently working in a business that is looking for meaningful ways to do more for both the local community that you’re working in and the broader community, there are many ways that you can give back. Fundraising is generally the most talked about option, but many businesses are now looking to corporate volunteering and seeing the benefits for both the organisations they support and their staff. However, before looking at the benefits of volunteering, we must first ask ourselves what is corporate volunteering?
At Ethical Angel, helping charities, NGOs, social enterprises and not-for-profits around the world is at the heart of everything we do. All of our projects have been...