Interesting research from: GRETCHEN GAVETT associate editor at the Harvard Business Review. Follow her on Twitter @gretchenmarg.
I found this an interesting article for anyone considering changing their job/career.
Often we make big changes in our lives without getting the help we need.
I would be interested to know what you think about this article and any similar reasons you may have chosen to change career. What was your experience?
We all realise that the World economy is facing challenging times. Banks collapsing, housing markets stagnated or falling, the threat of a double dip recession and even entire countries possibly defaulting on their debts.
This kind of scenario is not unique in history, though it is without doubt that this particular recession is longer lasting and potentially more damaging than just about any other in living memory since it threatens the whole World rather than one or several countries.
Historically we know that training and development of staff are often cut in such times since they may be regarded as less critical to the business.
An alternative view is that without ongoing training and development of staff there are a number of costs that the company may have to pay and ultimately these costs must be weighed against the cost of carrying out the T&D.
A few "hidden" costs:
The cost of losing or demoralising staff: Staff may be tempted to move on if they feel their careers are not being advanced. T&D is a key factor in showing staff they are valued! This is somewhat counterbalanced by the argument that staff will not give up a safe job for potential rewards elsewhere during hard times, however, good staff will ALWAYS be in demand and retirement of staff is also a factor when facing a long term recession.
The cost of diminishing quality: As staff training is ignored and experienced personnel move on, so there is a danger that quality standards in the company will be lowered. Lower quality directly relates to increased complaints and faulty products which take time and money to rectify. Loss of image is also extremely difficult to turnaround in the short to medium term. Customer confidence is very easily dented and slow to return in much the same way that a sports persons confidence is generally far easier to lower than to raise - one bad result even after a string of good results can have profound effects.
Of course there are other hidden costs, but maybe before automatically pushing T&D aside in hard times, it's wort asking yourself - "What's the cost?"
How big is your briefcase (if you still have one)?
When you think of taking work home, do you just fill your bag (ipad, usb stick or whatever) with files and documents because you "need" to and then never actually do anything with them at home or get home and work like a slave for hours?
If you do either of these, try this simple technique:
Say to yourself, "How much of this work could I do if I stayed here for an extra hour with no interruptions?"
Sort that work out, put it to take home and when you get in and have de-stressed from your journey, greeted your family or whatever you need to do, take that one hour of work and do it for one hour ONLY! If it takes you longer than an hour then you either are underestimating your work or overestimating your ability - be realistic!
One hour completed is far better than none or hours and hours, leaving you with no time for "play" and leading to resentment by family friends and yourself.
Balance is key to happy work and play
I've been working in training and development for more than 30 years now including 28 coaching.