Wednesday, August 11, 2010

Gen X in the Corporate World

Gen X in the Corporate World demonstrates the fundamental problem of corporations--they are too slow to react.

The best companies realize that their most important asset is their employees. But many fail to realize that each & every employee is just as important as the next. The focus on job titles inhibits companies to fully capitalize on their intellectual capital. Clear objective setting demotivates individuals from performing beyond the expectations. But primarily, this all comes down to reward. For example, expat & overseas packages have been on a decline with companies looking for expats willing to work on a local contract. They forget that the expat package originated from an awareness that these expats were making large life sacrifices for the company. Furthermore, benefits of employees that have been with the company more than 20-30 years are being taken away. People that have become accustomed to their work being valued at a certain level are now realizing that their work isn't as important to the company as they initially thought. Talk about Morale Kill!

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