You NEED TO Invest in Your Staff

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You NEED TO Invest in Your Staff

Summary

  • When there's a change, it's essential to assess the skills needed. Instead of hiring new people, ask what tasks will be reduced or eliminated.
  • Identify which team members will have reduced work due to the changes—typically 10-20% less.
  • Ask these team members to learn new skills to help adapt to the changes. This benefits both them and the organization.
  • Provide the necessary capacity and tools for employees to acquire these new skills.
  • Giving employees new skills makes the team more resilient and helps the company achieve its goals.
  • Employees usually appreciate the opportunity to learn new things because it adds variety to their job and helps them grow.

Video

How To Take Action

I would suggest implementing a plan where you first identify the specific changes impacting your business or personal growth. Look at what tasks will be reduced or eliminated as a result. This reduction typically frees up about 10-20% of your employees' time.

Steps to Implement:

  1. Assess Skills Needed: Determine what new skills are necessary due to these changes. Make a list of these skills and prioritize them based on their importance and how quickly they need to be acquired.

  2. Identify Affected Team Members: Recognize which employees will have reduced workloads. This could be someone whose routine tasks are now less critical because of the change.

  3. Develop New Skills: Ask these team members if they are willing to learn new skills. Make sure to clearly communicate how these new skills will benefit them and the company. Most people appreciate the chance to grow and enjoy the variety in their job.

  1. Provide Capacity and Tools: Ensure that employees have the time and resources they need to learn these new skills. This could be access to online courses, workshops, or even mentoring within the company.

  2. Monitor Progress: Keep track of how effectively employees are picking up new skills. Offer regular check-ins and support as needed. Celebrate their milestones to keep morale high.

Low-Cost and High-Value Strategies:

  • Online Courses: Utilize free or low-cost online learning platforms like Coursera, edX, or even YouTube tutorials.
  • In-house Training: Organize skill-sharing sessions where one team member teaches others something they excel at.
  • Mentorship: Pair newer employees with more experienced ones for hands-on learning without additional cost.

By following these steps, you can create a more adaptable and skilled team, ultimately making your business or personal growth journey smoother and more resilient.

Full Transcript

when there's change in organization and there's a new skill needed that somebody on the team does not have people all say hey we need to hire a new team or a new person but you have to ask yourself what are things that we're currently doing that with this change will no longer do okay these people will be affected they will have 20% of their job reduced 10% 15% what skills could we then ask these people to learn so that they can help facilitate the change we give them capacity and then we give them the tools and the resources to acquire new skills I think that's a win for the company and the win for the employee cuz most people love new things they love variety they love feeling like they're growing in their skill set and it helps the company because we have a more resilient team base and we get to move forward towards our goals

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