Despite all the talk from Peter Thiel and others about how college is a poor investment, a new study from McKinsey finds that one of the biggest employment trends in coming decades will be a shortage of high-skill, college-educated workers for all advanced economies.
An intensifying global war for talent means that there will be as much as an 18 million worker shortfall in the world’s richest countries. They’ll be producing too few of the workers businesses really need, and too many with only high school or vocational training.
Here’s McKinsey’s breakdown of future demand and supply trends for workers:
Through many years of research, trial and error, and working with companies of all sizes in numerous industries, I have identified 16 critical ways to motivate your employees. Learn these techniques and adapt as many as possible in your business.
1. Make employees feel they are doing something meaningful.
A recent survey by BNET (which is now part of CBS MoneyWatch) asked the question, “What motivates you at work?”
The results showed that doing something meaningful is more important than money or recognition to your employees. Twenty nine percent of respondents said that doing something meaningful was the most motivating thing about work. Money motivated 25 percent, and recognition 17 percent.
Therefore, the number one way to motivate your employees is to make them feel that they are doing something meaningful. Now, if your vision is to alleviate poverty, as Kiva’s is, getting your employees to feel like they are doing something meaningful is pretty easy. This might not seem quite as simple for the typical for-profit company. But this, too, is relatively straightforward. Establishing your company’s vision and goals–particularly involving your employees in creating them–will motivate them to achieve these objectives and help them feel that they are doing something meaningful.
2. Effectively communicate and share information.
You also must consistently share new information to ensure that your employees make good decisions.
Do you have something you really want to have in your life?
Is there an ultimate thing that would make you the happiest person in the world?
I think we all have at least one thing we badly want to get.
It could be popularity, power, friends, love, money, lasting marriage, children, or health.
But unfortunately, not all of us successfully obtain even just that one thing though we may live up to 85 years.
Well, it is simply because most people do not set goals.
However, even if we do, it does not guarantee achievement and success. You have to do things the right way.
You need to pay the price. Anything great necessitates hard work.
But in this article, we will discuss the not-so ideal things that make you fail and not reach your goals.
Setting goals that are too big. Goals bigger than you may just leave you exhausted but not victorious. Goals that are too big are those beyond your skills, knowledge, and capabilities, or even beyond your control and influence. You need to assess yourself, the things you know, the things you are good at and base your goals from them. Measure your capabilities. Do not set goals that seem impossible to achieve.
Setting goals that are too small. Setting goals that are too small does not challenge you enough which consequently makes you think those goals are not worth pursuing. Make sure your goals are not too easy otherwise you will not feel a sense of fulfillment and not be proud of reaching them.
Setting goals that are vague. Describe your goals. Be specific. Do not settle with goals that are too general. Detailed goals make you half-way there since they create a map for your subconscious mind; and you just need follow that map. This also helps you achieve your goals significantly easier and faster.