Tag Archives: turnover

Pokemon Go and the future of busines

Pokemon Go has taken over everything it seems. Everyone is talking about it, many are playing it. I’ve seen a lot of stories – good and bad – as well as how this is impacting business. From developing new businesses (uber driver for Pokemon hunting, at slow speeds to simulate walking) to how to regulate it in the office.

What I haven’t heard from anyone yet is how this will change business in the future. We already have the ability to have targeted ads at bus stops and technology that was so far fetched that Star Trek predicted it decades ago. But how can augmented reality impact shopping and improve our lifestyles?

Pokemon Go is changing not just gaming, but our very lives. Those who think of how to use similar (or better) technology to improve business, lifestyle, and health of the world will be on the cutting edge. I’m willing to bet, as my dad says, dollars to donuts, that in two to three years we will see the beginnings of what entrepreneurs and visionaries are starting to work on right now. In five years this sort of thing will be common place. In ten years we will have evolved way past this and onto the next life changing thing.

How can you prepare your business to function better, faster, more efficiently, increase margins to position itself in that future? How will your workforce change? How will your policies and procedures change? Think about the myriad opportunities for team building, recognition, retention, even impacts on health insurance rates and employee wellness programs. How about recruiting? Compensation plans and strategies?

At the very least we know that battery life will improve exponentially in the next year or two. lol I look forward to when transporters aren’t just for Sci Fi media. šŸ˜‰

Our biggest asset

… is our people.

Image from Changeyourgamebealeader.com

I’m sure you’ve heard it from hundreds of employers, read it in handbooks, and rolled your eyes as hard as I do.

Sabrina hits a nail fairly square in her latest post about how important it is for a company to know it’s employees.

In my company I’ve noticed a very interesting pattern in the past year. It’s a pattern that isn’t unexpected. We are starting to have a large number of voluntary turnover, especially at higher levels. Why? I theorize that the economy has crossed the tipping point, because these people areĀ choosingĀ to leave rather than it being involuntary. Ā (I have other theories based on other patterns, but that is another post.)

Frankly, I don’t blame them. My current manager whom I’ve worked underĀ for Ā over a year doesn’t know I’m where I call home, nor have they communicated to me why I got an unexpected raise three months ago. They don’t know me, nor do they show that they care anything about me or understand the company’s actions/motivations.

To a recruiter, I am ripe for the plucking. And if I do say so, I’m quite the catch. šŸ˜‰

A very wise leaderĀ onceĀ told me that employees are the company’s clients. I believe it was hearing those words echo in my head while reading Sabrina’s post led to my nodding head and this earnest post. If your employees are your clients, just as important as those that purchase your goods and services, why aren’t you treating them better and getting to know them?

Another point Sabrina slyly snuck into her post is that I have to wonder, why so many benefits – like tuition reimbursement – are underutilized. A strong suspicion I have based on what I have seen in my own career and in working with thousands of clients, is that it isn’t communicated! Imagine if, in a chat between coworkers or manager/subordinate in getting to know one’s dream that they could match it with an existing program? An employee who loves to volunteer at their local polling location learns that the company gives you a paid day to do that! Imagine the good will built with five minutes and no money (because the program is already in place.)

Sure, everyone is replaceable. But with the costs of replacing employees, do you really want to focus your resources on attracting, rather than retaining? You work to retain your clients/customers, don’t you? Well, your employees are just as important to woo; they are your customers too.