Dear [Firstname]
Welcome to the current edition of Psych Press' monthly newsletter series. Well, the news from the stock market is that the economy may have "bottomed", and there are signs of "cautious confidence" returning to the business environment.
Moving from "Shocks and Scares" back to "Stocks and Shares" may provide the HR community with some confidence that they may again be partnering with businesses with goals broader than "survival". Strategy, competitive advantage, innovation, staff development, retention of key performers and team development are areas where HR can show leadership.
In this issue we have provided two research-based articles providing guidelines around these issues which we hope are topical within your HR environment.
The third article focuses on some broader environmental themes to do with business and society which may or may not resonate with your organisation, but reflects Psych Press' position.
If you would like to publish an article of your own within our newsletter, or offer feedback or open a discussion on specific issues, please contact Ms Nitha Prakash on pp@psychpress.com.au. We welcome your comments.
In this issue:
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* Development within economic uncertainty - the role of 360 degree feedback |
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* "Edgy" learning & development |
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* Key staff development and talent management best practice |
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Article 1 - Development within economic uncertainty - the role of 360 degree feedback
Due to the current global economic climate, organisations will face new challenges in 2009 and beyond. As a result, it may be necessary for companies to use different approaches to maintain their bottom line rather than simply cutting expenditure.
Read more...
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Article 2 - "Edgy" learning & development
A key development issue for managers making the transition from a functional speciality such as marketing, logistics, finance, HR, operations, etc to general or executive management is the need to make business decisions quickly and with limited information.
Read more...
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Article 3 - Key staff development and talent management best practice
Whilst laying off staff may minimise costs in the short term, this approach comes at a cost - the morale of remaining staff sharply decreases, and key people start to feel like they are in a sinking boat and focus their efforts on other career options rather than navigating the organisation through economic difficulties.
Read more...
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360 Degree Feedback Online
Psych Press' 360-degree feedback allows insight into the individual's on-job performance and interaction with each stakeholder group - colleagues, direct managers, clients and direct reports. Development is thus based upon objective and comprehensive data. This 360 degree feedback solution provides an extensive review of relevant strengths and development needs.
Team Development Online
Psych Press' team development series [TeamBuilder, Team Diagnostic, Team Contributor] enables quick, research-based, cost-effective evaluations of the functioning of work teams and the contributions of individual team members. This series delivers feedback and development suggestions that enable teams and individuals to take charge of their own development and improve team functioning.
Psychometric testing and verbal feedback services
Our psychologists write simple and business focused selection/development reports which ensure that you consider all risks and management issues before hiring new staff or promoting current staff. Psychometric tests include personality, skills and aptitude tests which are set up online within minutes.
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