Showing posts with label The Great Resignation. Show all posts
Showing posts with label The Great Resignation. Show all posts

Thursday, February 10, 2022

g-f(2)920 THE NEW WORLD (2/10/2022), WSJ, Forget the Office—Salesforce Is Making a Wellness Retreat for Workers




ULTRA-condensed knowledge


"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age, The New World, Organizational Culture (2/10/2022)  g-f(2)426 


Lessons learned, WSJ  

EXCEPTIONAL “Full Pack Golden Knowledge Container”



Forget the Office—Salesforce Is Making a Wellness Retreat for Workers



Golden knowledge (GK) Juice



  • The Salesforce “Trailblazer Ranch,” as it will be known, is one of the first experiments by a big employer with building culture for a workforce that is no longer coming into an office five days a week. The majority of Salesforce’s employees will work in a hybrid model once the pandemic is over, coming into the office between one and three days a week.
  • Stays at Salesforce’s retreat will combine work and training with wellness activities such as yoga and hiking. Once home to a small Christian college, the property has been run since 2017 by a nonprofit, 1440 Multiversity, which hosts educational retreats. In addition to 140 rooms, there are gathering spaces with outdoor fire pits, amphitheaters and a pond that visitors are supposed to throw a pebble into as they set an intention for their stay.


Genioux knowledge fact condensed as an image



References


Forget the Office—Salesforce Is Making a Wellness Retreat for Workers, Katherine Bindley, February 10, 2022, The Wall Street Journal, WSJ.


ABOUT THE AUTHORS


Katherine Bindley


Katherine Bindley (@katiebindley) is a technology reporter for The Wall Street Journal in San Francisco, where she covers the work and culture of Silicon Valley. Email her at katie.bindley@wsj.com and find her on Twitter: @katiebindley



Extra-condensed knowledge



Lessons learned, WSJ  



Golden knowledge (GK) Juice



  • Salesforce plans to use the property 70 miles south of San Francisco to onboard new hires and conduct off-site team meetings for social bonding and leadership training, said Brent Hyder, chief people officer.
  • Ten thousand employees are expected to visit the retreat between March and the end of the year, with greater numbers to follow in 2023, Mr. Hyder said. Trips to the ranch will be a minimum of two nights, but could extend longer.
  • As part of its agreement, Salesforce will collaborate with 1440 Multiversity on research tied to subjects such as employee well-being and productivity. Internal surveys found 77% of Salesforce workers wanted to get together in person with their teams; polling also showed the top request from employees and their top-ranked barrier to success was the ability for teams to meet and connect in person.


Condensed knowledge




Lessons learned, WSJ  



Golden knowledge (GK) Juice



  • “We’ve hired thousands of employees who have never met in person,” Mr. Benioff said. “Trailblazer Ranch will give us and our stakeholders a way to forge deeper relationships [and] experience our culture in a whole new way.”
  • In the current tight labor market, where it is a supreme challenge to recruit and retain talent, Mr. Hyder said he believes the companies that create new ways of bonding with workers won’t experience attrition in the war for talent.
  • “The people who win will be those who are connected to their jobs and their employment in a really emotional way,” he said.



Some relevant characteristics of this "genioux fact"

  • Category 2: The Big Picture of the Digital Age
  • [genioux fact deduced or extracted from WSJ]
  • This is a “genioux fact fast solution.”
  • Tag Opportunities those travelling at high speed on GKPath
  • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
  • Type of validity of the "genioux fact". 

    • Inherited from sources + Supported by the knowledge of one or more experts.


References


“genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)920, Fernando Machuca, February 10, 2022, blog.geniouxfacts.com, geniouxfacts.com, Genioux.com Corporation.


ABOUT THE AUTHORS


PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.




Key “genioux facts”


  • Some relevant and recent "genioux facts" from the g-f golden knowledge pyramid to master the big picture of the digital age.
    1. g-f(2)919 THE NEW WORLD NEWS (2/10/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    2. g-f(2)918 THE BIG PICTURE OF THE DIGITAL AGE (2/10/2022), Media, Nathan Chen brilliantly won the Olympic gold his talent deserved
    3. g-f(2)917 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, The list of “genioux facts" of the day
    4. g-f(2)916 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, Free bet, do you know how to value golden knowledge (GK)?
    5. g-f(2)915 THE NEW WORLD (2/9/2022), Forbes, Why Do Startups Fail And Can We Create An AI Formula To Prevent Failure? An Interview With Harvard Business School Professor Tom Eisenmann
    6. g-f(2)914 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    7. g-f(2)913 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    8. g-f(2)912 THE NEW WORLD NEWS (2/9/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    9. g-f(2)911 THE NEW WORLD NEWS (2/8/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    10. g-f(2)910 THE NEW WORLD (2/8/2022), Accenture, Fjord Trends 2022: The new fabric of life
    11. g-f(2)909 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, The list of “genioux facts" of the day
    12. g-f(2)908 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    13. g-f(2)907 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    14. g-f(2)906 THE NEW WORLD (2/7/2022), Forbes, 6 Most Compelling Qualities Of Digitally Transformed Enterprises
    15. g-f(2)905 THE NEW WORLD NEWS (2/7/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    16. g-f(2)904 Lighthouse of the big picture of the digital age (2/7/2022), Visionary and Foundational Facts from the Playbook for Successful Personal Digital Transformation (PDT)
    17. g-f(2)903 THE NEW WORLD NEWS (2/6/2022), geniouxfacts, The 10 most read "genioux facts" of the month
    18. g-f(2)902 THE NEW WORLD NEWS (2/6/2022), geniouxfacts, The 10 most read "genioux facts" of the week
    19. g-f(2)901 THE NEW WORLD NEWS (2/5/2022), geniouxfacts, The list of “genioux facts" of the day
    20. g-f(2)900 THE NEW WORLD (2/5/2022), Fortune, How Microsoft’s Satya Nadella rejected a ‘know-it-all’ mentality and became the world’s most admired CEO
    21. g-f(2)899 THE NEW WORLD (2/5/2022), Fortune, World’s Most Admired Companies
    22. g-f(2)898 THE NEW WORLD (2/5/2022), Financial Times, Satya Nadella: ‘Being great at game building gives us permission to build the next internet’
    23. g-f(2)897 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, The list of “genioux facts" of the day
    24. g-f(2)896 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    25. g-f(2)895 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    26. g-f(2)894 THE NEW WORLD NEWS (2/4/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    27. g-f(2)893 THE NEW WORLD (2/4/2022), Media, Amazon Profit Shows Resilience Even as Labor, Supply Crunch Weigh on Results
    28. g-f(2)892 THE NEW WORLD NEWS (2/3/2022), geniouxfacts, The list of “genioux facts" of the day
    29. g-f(2)891 THE NEW WORLD NEWS (2/3/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    30. g-f(2)890 THE NEW WORLD NEWS (2/3/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    31. g-f(2)889 THE NEW WORLD NEWS (2/3/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    32. g-f(2)888 Lighthouse of the big picture of the digital age (2/3/2022), The big winners of the New World are insatiably hungry for golden knowledge (GK)
    33. g-f(2)887 THE NEW WORLD NEWS (2/2/2022), geniouxfacts, The list of “genioux facts" of the day
    34. g-f(2)886 THE NEW WORLD NEWS (2/2/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    35. g-f(2)885 THE NEW WORLD NEWS (2/2/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    36. g-f(2)884 THE NEW WORLD NEWS (2/2/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    37. g-f(2)883 THE BIG PICTURE OF THE DIGITAL AGE (2/2/2022), Media, Google Parent Caps Blockbuster Year With Sales Gains
    38. g-f(2)882 Lighthouse of the big picture of the digital age (2/2/2022), How to learn fast when you have the “g-f Superpower”
    39. g-f(2)881 THE NEW WORLD NEWS (2/1/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    40. g-f(2)880 THE NEW WORLD (2/1/2022), MIT SMR, Leading Disruption in a Legacy Business
    41. g-f(2)879 THE NEW WORLD NEWS (1/31/2022), geniouxfacts, The list of “genioux facts" of the day
    42. g-f(2)878 THE NEW WORLD NEWS (1/31/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Metaverse
    43. g-f(2)877 THE NEW WORLD NEWS (1/31/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Artificial Intelligence (AI)
    44. g-f(2)876 THE NEW WORLD NEWS (1/31/2022), geniouxfacts, 10 Golden Knowledge (GK) Containers on Digital Transformation (DT)
    45. g-f(2)875 THE NEW WORLD NEWS (1/31/2022), TechCrunch, Google to invest up to $1 billion in Indian telecom operator Airtel
    46. g-f(2)874 THE NEW WORLD (1/31/2022), Forbes, Microsoft CEO Nadella’s Brilliant Depiction Of The Digital Age
    47. g-f(2)873 Lighthouse of the big picture of the digital age (1/30/2022), Essential FACT 6: GKPath is the digital highway with no speed limit to grow
    48. g-f(2)872 THE NEW WORLD NEWS (1/30/2022), geniouxfacts, The 10 most read "genioux facts" of the month
    49. g-f(2)871 THE NEW WORLD NEWS (1/30/2022), geniouxfacts, The 10 most read "genioux facts" of the week
    50. g-f(2)870 The New World (1/29/2022), geniouxfacts, The "g-f superpower" is within everyone's reach
    51. g-f(2)869 "g-f" fishing (1/29/2022), geniouxfacts, 10 Golden Knowledge (GK) Juices on Metaverse
    52. g-f(2)868 "g-f" fishing (1/28/2022), geniouxfacts, 10 Golden Knowledge (GK) Juices on Digital Transformation (DT)
    53. g-f(2)867 "g-f" fishing (1/28/2022), geniouxfacts, 10 GK juices on Artificial Intelligence (AI)
    54. g-f(2)866 THE NEW WORLD (1/28/2022), Harvard Business Review, Celebrate to Win
    55. g-f(2)865 The New World (1/28/2022), Insead Knowledge, Carpe Diem: Don’t Postpone Your Dreams
    56. g-f(2)864 "g-f" fishing (1/27/2022), geniouxfacts, 10 GK juices on Metaverse
    57. g-f(2)863 "g-f" fishing (1/27/2022), geniouxfacts, 10 GK juices on Digital Transformation (DT)
    58. g-f(2)862 "g-f" fishing (1/27/2022), geniouxfacts, 10 GK juices on Artificial Intelligence (AI)
    59. g-f(2)861 THE NEW WORLD NEWS (1/26/2022), Quanta magazine, Researchers Build AI That Builds AI
    60. g-f(2)860 THE NEW WORLD NEWS (1/26/2022), MIT Initiative on the Digital Economy, Get Ready for Quantum Computing
    61. g-f(2)859 THE NEW WORLD (1/26/2022), MIT SMR + BCG, Transforming a Technology Organization for the Future: Starbucks’s Gerri Martin-Flickinger
    62. g-f(2)858 THE BIG PICTURE OF THE DIGITAL AGE (1/26/2022), Media, Microsoft beats on earnings and revenue, delivers upbeat forecast for fiscal third quarter
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Saturday, January 15, 2022

g-f(2)819 The New World (1/15/2022), MIT SMR, Toxic Culture Is Driving the Great Resignation


VIRAL KNOWLEDGE: The “genioux facts” knowledge news


The New World NEWS

If you only have some seconds




ULTRA-condensed knowledge


"g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age, The New World, The Great Resignation (12/15/2021)  g-f(2)426 


ALERT, MIT SMR

EXCEPTIONAL “Full Pack Golden Knowledge Container”


Toxic Culture Is Driving the Great Resignation 


      • Research using employee data reveals the top five predictors of attrition and four actions managers can take in the short term to reduce attrition.
      • More than 40% of all employees were thinking about leaving their jobs at the beginning of 2021, and as the year went on, workers quit in unprecedented numbers. Between April and September 2021, more than 24 million American employees left their jobs, an all-time record. As the Great Resignation rolls on, business leaders are struggling to make sense of the factors driving the mass exodus. More importantly, they are looking for ways to hold on to valued employees.
      • Our research identified four steps — offering lateral career opportunities, remote work, social events, and more predictable schedules — that may boost retention in the short term. Leaders who are serious about winning the war for talent during the Great Resignation and beyond, however, must do more. They should understand and address the elements of their culture that are causing employees to disengage and leave. And above all else, they must root out issues that contribute to a toxic culture. Our next article will explore, empirically, what constitutes a toxic culture and how organizations can address this challenge.


                Genioux knowledge fact condensed as an image


                References


                Toxic Culture Is Driving the Great Resignation, Donald Sull, Charles Sull, and Ben Zweig, January 11, 2022, MIT Sloan Management Review, MIT SMR.


                ABOUT THE AUTHORS



                Donald Sull (@culturexinsight) is a senior lecturer at the MIT Sloan School of Management and a cofounder of CultureX. Charles Sull is a cofounder of CultureX. Ben Zweig is the CEO of Revelio Labs and an adjunct professor of economics at New York University’s Stern School of Business.



                Extra-condensed knowledge


                Lessons learned, MIT SMR

                Golden Knowledge (GK) Juice


                • To better understand the sources of the Great Resignation and help leaders respond effectively, we analyzed 34 million online employee profiles to identify U.S. workers who left their employer for any reason (including quitting, retiring, or being laid off) between April and September 2021. The data, from Revelio Labs, where one of us (Ben) is the CEO, enabled us to estimate company-level attrition rates for the Culture 500, a sample of large, mainly for-profit companies that together employ nearly one-quarter of the private-sector workforce in the United States.
                • While resignation rates are high on average, they are not uniform across companies. Attrition rates for the six months we studied ranged from less than 2% to more than 30% across companies. Industry explains part of this variation. The graph below shows the estimated attrition rate for 38 industries from April through September, and the spread across industries is striking. (See “Industry Average Attrition Rate in the Great Resignation.”) Apparel retailers, on average, lost employees at three times the rate of airlines, medical device makers, and health insurers.


                Industry Average Attrition Rate in the Great Resignation


                This chart shows the average attrition rate across 38 industries from April through September 2021. The industries with the highest percentage of blue-collar workers are noted in light blue.




                Condensed knowledge




                Lessons learned, MIT SMR

                Golden Knowledge (GK) Juice


                • The Great Resignation is affecting blue-collar and white-collar sectors with equal force. Some of the hardest hit industries — apparel retail, fast food, and specialty retail — employ the highest percentage of blue-collar workers among all industries we studied. Management consulting, in contrast, had the second-highest attrition rate but also employs the largest percentage of white-collar professionals of any Culture 500 industry. Enterprise software, which also suffered high churn, employs the highest percentage of engineering and technical employees.
                • Top Predictors of Employee Turnover During the Great Resignation
                  • Much of the media discussion about the Great Resignation has focused on employee dissatisfaction with wages. How frequently and positively employees mentioned compensation, however, ranks 16th among all topics in terms of predicting employee turnover. This result is consistent with a large body of evidence that pay has only a moderate impact on employee turnover.6 (Compensation can, however, be an important predictor of attrition in certain settings, such as nurses in large health care systems).
                  • The top five predictors of employee turnover
                    1. Toxic corporate culture. A toxic corporate culture is by far the strongest predictor of industry-adjusted attrition and is 10 times more important than compensation in predicting turnover. 
                    2. Job insecurity and reorganization. In a previous article, we reported that job insecurity and reorganizations are important predictors of how employees rate a company’s overall culture. So it’s not surprising that employment instability and restructurings influence employee turnover.
                    3. High levels of innovation. It’s not surprising that workers leave companies with toxic cultures or frequent layoffs. But it is surprising that employees are more likely to exit from innovative companies. In the Culture 500 sample, we found that the more positively employees talked about innovation at their company, the more likely they were to quit. The attrition rates of the three most innovative Culture 500 companies — Nvidia, Tesla, and SpaceX — are three standard deviations higher than those in their respective industries.
                    4. Failure to recognize performance. Employees are more likely to leave companies that fail to distinguish between high performers and laggards when it comes to recognition and rewards. Companies that fail to recognize and reward strong performers have higher rates of attrition, and the same is true for employers that tolerate underperformance.
                    5. Poor response to COVID-19. Employees who mentioned COVID-19 more frequently in their reviews or talked about their company’s response to the pandemic in negative terms were more likely to quit. The same pattern holds true when employees talk more generally about their company’s policies for protecting their health and well-being.
                  • Short-Term Actions to Boost Retention. The powerful predictors of attrition listed above are not easy to change. A weak future outlook that spurs restructuring and layoffs may be difficult to reverse; it is too late to fix a poor response to the pandemic; and a toxic corporate culture cannot be improved overnight. Relentless innovation provides companies like Tesla or Nvidia with a competitive advantage, so they must find ways to retain employees without sacrificing their innovation edge. Our analysis identified four actions that managers can take in the short term to reduce attrition.
                    1. Provide opportunities for lateral job moves. Not all employees want to climb the corporate ladder or take on additional work or responsibilities. Many workers simply want a change of pace or the opportunity to try something new.
                    2. Sponsor corporate social events. Company-organized social events, including happy hours, team-building excursions, potluck dinners, and other activities outside the workplace are a key element of a healthy corporate culture, so it’s no surprise that they are also associated with higher rates of retention.
                    3. Offer remote work options. Much of the media coverage of the Great Resignation has focused on the importance of remote work in retaining employees. Unsurprisingly, when employees discussed remote work options in more positive terms, they were less likely to quit. What you might not have expected is the relatively modest impact of remote work on retention — just a bit more powerful than compensation in predicting lower attrition.
                    4. Make schedules more predictable for front-line employees. When blue-collar employees describe their schedules as predictable, they are less likely to quit. Having a predictable schedule is six times more powerful in predicting front-line employee retention than having a flexible schedule. (A predictable schedule has no predictive power for white-collar employees.)


                Top Predictors of Attrition During the Great Resignation


                The authors analyzed the impact of more than 170 cultural topics on employee attrition in Culture 500 companies from April through September 2021. These five topics were the leading predictors of attrition. Each bar indicates the level of importance of each topic for attrition relative to employee compensation. A toxic culture is 10.4 times more likely to contribute to attrition than compensation.






                Some relevant characteristics of this "genioux fact"

                • Category 2: The Big Picture of the Digital Age
                • [genioux fact deduced or extracted from MIT SMR]
                • This is a “genioux fact fast solution.”
                • Tag Opportunities those travelling at high speed on GKPath
                • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
                • Type of validity of the "genioux fact". 

                  • Inherited from sources + Supported by the knowledge of one or more experts.


                References


                “genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)819, Fernando Machuca, January 15, 2022, blog.geniouxfacts.com, geniouxfacts.com, Genioux.com Corporation.


                ABOUT THE AUTHORS


                PhD with awarded honors in computer science in France

                Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a disruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts". The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.




                Key “genioux facts”


                • Some relevant and recent "genioux facts" from the g-f golden knowledge pyramid to master the big picture of the digital age. 
                  1. g-f(2)818 The New World (1/14/2022), Thomas M. Siebel, Digital Transformation: Survive and Thrive in an Era of Mass Extinction
                  2. g-f(2)817 The New World (1/14/2022), HBR Analytical Services, Keys to Successful Innovation through Artificial Intelligence
                  3. g-f(2)816 The New World (1/14/2022), HBR Analytic Services, AWS, AWS perspective: AI have the potential to transform nearly every industry
                  4. g-f(2)815 The New World (1/14/2022), WEF, Artificial intelligence: What the C-suite needs to know
                  5. g-f(2)814 The New World (1/14/2022), Analytics Insight, 10 WAYS ARTIFICIAL INTELLIGENCE WILL CHANGE THE WORLD IN 2022
                  6. g-f(2)813 The New World News (1/13/2022), WSJ, These TikTok Stars Made More Money Than Many of America’s Top CEOs
                  7. g-f(2)812 The New World (1/13/2022), Brookings, How countries are leveraging computing power to achieve their national artificial intelligence strategies
                  8. g-f(2)811 The New World (1/13/2022), Bloomberg, TSMC to Spend at Least $40 Billion to Address Chip Shortages
                  9. g-f(2)810 THE BIG PICTURE OF THE DIGITAL AGE (1/12/2022), Talks at Google, Bruce Hood | How Minds are Constructed
                  10. g-f(2)809 THE NEW WORLD (1/12/2022), geniouxfacts, 10 juices of ultra-condensed GK to keep pace
                  11. g-f(2)808 THE BIG PICTURE OF THE DIGITAL AGE (1/12/2022), MIT SMR + BCG, AI in the Supply Chain: Cold Chain Technologies’ Ranjeet Banerjee
                  12. g-f(2)807 THE NEW WORLD (1/11/2022), HBR, Finding Success Starts with Finding Your Purpose
                  13. g-f(2)806 The New World (1/11/2022), HBR, HBR’s Most-Read Research Articles of 2021
                  14. g-f(2)805 The New World (1/11/2022), msn money, The National, Artificial intelligence to influence top tech trends in major way in next five years
                  15. g-f(2)804 The New World (1/11/2022), MIT SMR, Six Ways Leaders Can Adapt to the Workplace of 2022
                  16. g-f(2)803 The New World (1/10/2022), Bloomberg, Uniting Grand Theft Auto and FarmVille Is a Game Changer
                  17. g-f(2)802 THE NEW WORLD (1/10/2022), WSJ, Microsoft Hit by Defections as Tech Giants Battle for Talent to Build the Metaverse
                  18. g-f(2)801 The New World (1/10/2022), Multiple GK Containers, The Great Resignation
                  19. g-f(2)800 THE BIG PICTURE OF THE DIGITAL AGE (1/9/2022), geniouxfacts, The 10 most read "genioux facts" of the month
                  20. g-f(2)799 THE BIG PICTURE OF THE DIGITAL AGE (1/9/2022), geniouxfacts, The 10 most read "genioux facts" of the week
                  21. g-f(2)798 THE BIG PICTURE OF THE DIGITAL AGE (1/8/2022), yahoo!news, AFP, Metaverse gets touch of reality at CES
                  22. g-f(2)797 THE BIG PICTURE OF THE DIGITAL AGE (1/8/2022), MIT SMR, Management Articles for Starting the New Year
                  23. g-f(2)796 The New World (1/8/2022), CNBC, How A.I. is set to evolve in 2022
                By
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                Monday, January 10, 2022

                g-f(2)801 The New World (1/10/2022), Multiple GK Containers, The Great Resignation




                ULTRA-condensed knowledge


                "g-f" fishing of golden knowledge (GK) of the fabulous treasure of the digital age, The New World, The Great Resignation (1/10/2022)  g-f(2)426 


                Lessons learned, HBR

                EXCEPTIONAL “Full Pack Golden Knowledge Container”


                Our two most-read research articles from the past year both focus on one of the biggest issues on all our minds: the Great Resignation.


                • In Who Is Driving the Great Resignation?, data from nine million employees at 4,000 companies around the world sheds light on which segments of the global economy have experienced the most resignations. It turns out that rates have been highest among mid-career employees, and among those in the health care and tech sectors. The article recommends that firms take a data-driven approach to boosting retention by quantifying the problem, identifying the root causes that are driving employees to leave, and developing tailored retention programs.


                Genioux knowledge fact condensed as an image


                References


                HBR’s Most-Read Research Articles of 2021, Dagny Dukach, December 29, 2021, Harvard Business Review, HBR.



                Extra-condensed knowledge


                Lessons learned

                10 Golden Knowledge (GK) Containers


                1. HBR, Who Is Driving the Great Resignation?, Ian Cook, September 15, 2021.
                2. MIT SMR, Why It’s So Hard to Keep and Recruit Employees Right Now, Lynda Gratton, December 14, 2021.
                3. HBR, Research: Why Rejected Internal Candidates End Up Quitting, JR Keller and Kathryn Dlugos, July 22, 2021.
                4. msn, Evening Standard, Generation Resignation: why millennials are quitting the rat race to follow their dreams, Kate Wills, January 9, 2022.
                5. msn, CBS, Why more Americans are quitting their jobs than ever before, Bill Whitaker, January 9, 2022.
                6. LinkedIn, Great automation is the answer to the Great Resignation, Keith Sinclair, January 9, 2022.
                7. WSJ, What to Do When All Your Employees Want to Leave, January 7, 2022.
                8. CNBC, 65% of workers are looking for a new job, and the numbers could get higher, August 19, 2021.
                9. Forbes, How The Great Resignation Is Changing Companies' Approach To Financial Wellness, Matt Watson, January 7, 2022.
                10. Fast Company, Going from The Great Resignation to ‘The Great Retention’ and other 2022 priorities, Stephanie Mehta, December 31, 2021.


                Condensed knowledge




                Lessons learned

                Golden Knowledge (GK) Juice


                1. HBR, Who Is Driving the Great Resignation?, Ian Cook, September 15, 2021.
                  • Adopting a truly data-driven retention strategy isn’t easy, but it’s worth the effort to do it right, especially in the current market. After implementing a targeted retention campaign based on a detailed analysis of key metrics, the trucking company I worked with saw a 10% reduction in driver resignations, even in the face of fierce competition from other employers. With greater visibility into both how serious your turnover problem really is, and the root causes that drive it, you’ll be empowered to attract top talent, reduce turnover costs, and ultimately build a more engaged and effective workforce.
                2. MIT SMR, Why It’s So Hard to Keep and Recruit Employees Right Now, Lynda Gratton, December 14, 2021.
                  • In every sector right now, there are outliers that are pushing at the margins of what they’re willing to do to find and keep talented employees. The practices they adopt — particularly around flexibility — could well become industry standards. When they do, employees all across those sectors will be asking why their own companies aren’t offering the same opportunities. It will be critical to keep abreast of these experiments as they emerge.
                3. HBR, Research: Why Rejected Internal Candidates End Up Quitting, JR Keller and Kathryn Dlugos, July 22, 2021.
                  • In short, companies that strategically manage their internal talent market are better positioned to keep rejected employees onboard.
                4. msn, Evening Standard, Generation Resignation: why millennials are quitting the rat race to follow their dreams, Kate Wills, January 9, 2022.
                  • Thinking of handing in your notice this week? You’re not alone. Last week, the New York Times reported a record rise in workers voluntarily leaving their posts for newer pastures, and a global survey of 30,000 workers by Microsoft finds that 41 per cent are considering quitting or changing professions. 
                5. msn, CBS, Why more Americans are quitting their jobs than ever before, Bill Whitaker, January 9, 2022.
                  • But who can explain why this is happening?  We found the best place to look for real-time answers is the huge online job site LinkedIn, which calls itself the world's largest professional network.
                  • Karin Kimbrough: People have been living to work for a very long time. And I think the pandemic brought that moment of reflection for everyone. "What do I wanna do? What makes my heart sing?" And people are thinking, "If not now, then when?"
                  • Karin Kimbrough is LinkedIn's chief economist. She has degrees from Stanford and Harvard and a Ph.D. from Oxford, used to work for the Federal Reserve, and now has a birds-eye view of the U.S. labor market.
                6. LinkedIn, Great automation is the answer to the Great Resignation, Keith Sinclair, January 9, 2022.
                  • With productivity and growth in mind, Managers in organisations that value technology are turning increasingly to Operational Process Automation (OPA) as a tool for their people to do more with less.
                  • OPA is the next evolution of Robotic Process Automation (RPA) with the capability to carry out advanced analysis and troubleshooting network infrastructure tasks through a detect / diagnose / act methodology. A single operator can wield this powerful diagnostic tool encoded with the decision-making and problem-solving skills of a highly experienced team of engineers. Productivity shoots up.
                  • For Managers facing an IT skills shortage because of the Great Resignation, the answer is investment in great automation.
                7. WSJ, What to Do When All Your Employees Want to Leave, January 7, 2022.
                  • We all got an earful about the “Great Resignation” in 2021, as Americans left their jobs in growing numbers. This past week, the Labor Department reported that the U.S. set a new quitting record in November. According to a PwC study last year, a full 65% of employees were in search of a new job. That’s great for employees who may feel newly empowered to start an entrepreneurial venture or use the tight job market to negotiate a raise or promotion. But what if you’re the boss?
                  • As we head into 2022, leaders find themselves in a bind: If you bend over too far backward to keep your employees from quitting, you may risk setting untenable precedents, a la “Sure, you can work from that remote island 17 time zones away!” But if you fail to take action, you might find yourself dramatically understaffed just when you can afford it least.
                  • Here are four questions leaders can ask themselves to create a measured response that balances the need to retain top talent with the reality that even in a tight labor market, we don’t want to make concessions we’ll regret later.
                    • What do you want the company to look like?
                    • How can you create a personalized strategy for retaining your most valuable employees?
                    • Are their concerns valid?
                    • Should you leave, too?
                8. CNBC, 65% of workers are looking for a new job, and the numbers could get higher, August 19, 2021.
                  • The share of workers thinking of calling it quits could be higher than expected. Some 65% of employees are looking for a new job right now, according to an August poll of 1,007 full- and part-time U.S. workers conducted by PwC. That’s nearly double the 35% of workers who said they were seeking new work in May.
                  • Workers say their top reason for finding a new job is negotiating for a better salary, followed by expanded benefits and more workplace flexibility, such as the ability to work remotely full-time or on a hybrid schedule.
                9. Forbes, How The Great Resignation Is Changing Companies' Approach To Financial Wellness, Matt Watson, January 7, 2022.
                  • By now, you’re probably familiar with the Great Resignation. But while most conversations have revolved around why the Great Resignation is happening, I want to shift the focus to understand how employers are responding to this movement. Specifically, I want to explore how the Great Resignation is affecting the way companies approach financial wellness — and what leaders can learn from these responses. 
                  • While the Great Resignation can be a scary idea for many employers, it also presents a unique opportunity to create a better workplace for employees moving forward. As an employer, you can do your part by giving your workforce the financial help they want and need during this time of transition. I’m heartened to see so many companies responding to the rising need for financial support — and I strongly believe it’ll change the state of financial wellness for the better. 
                10. Fast Company, Going from The Great Resignation to ‘The Great Retention’ and other 2022 priorities, Stephanie Mehta, December 31, 2021.
                  • Retaining workers—by listening to their needs, accommodating their different work styles, and addressing inequities—top the work/life agenda for members of the Fast Company Impact Council—an invitation-only collective of leaders from a range of industries. Leaders predicted 2022 will be a key year for companies to live up to their promises to employees, or risk losing them.
                  • Pete Schlampp, chief strategy officer, Workday
                    • “The number one thing that the C-suite is going to continue to be thinking about in 2022 is talent. We will be going from The Great Resignation into a world of the rising voice of the employee. They’re making decisions about where they want [to work]. They want more flexibility in their job. They want to work for companies that have a mission and a purpose that they believe in. They want to be heard. And if talent is the top thing on [executives’] minds, it’s going be incumbent on them to listen and put in place the processes in order to listen to their employees.”
                  • Kevin Dexter, president, Fisher & Paykel North America
                    • “It’s about making people comfortable. As we reengage in [in-person work], we realize just how challenging it is as people try to adapt. And at the management level, it’s challenging to figure out how to set standards or broad guidelines [amid] moving parts that aren’t going away anytime soon. We’re excited about that, but the challenge is, how do we reskill, upskill, and make people comfortable to be productive in the new hybrid world.”

                Some relevant characteristics of this "genioux fact"

                • Category 2: The Big Picture of the Digital Age
                • [genioux fact deduced or extracted from Multiple GK Containers]
                • This is a “genioux fact fast solution.”
                • Tag Opportunities those travelling at high speed on GKPath
                • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
                • Type of validity of the "genioux fact". 

                  • Inherited from sources + Supported by the knowledge of one or more experts.


                References


                “genioux facts”: The online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)801, Fernando Machuca, January 10, 2022, blog.geniouxfacts.com, geniouxfacts.com, Genioux.com Corporation.


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