06Jun

As we near the end of Women’s History Month, we not only strive to admire all women who have fought for equality with determination and strength, but those in the younger generations prepared to do the same.  

When Brooke Stemen first began her experience in recruiting, she didn’t feel represented in leadership. Now the Director of Talent Acquisition at Green Key, she recalls, “When I first started in staffing, there wasn’t single woman on my leadership team. It was discouraging to not be represented. I knew what I wanted in my future, which was the ability to have a rewarding career while also balancing a marriage and kids at home.”

Stemen further elaborates, “I think, as women, we are at times expected to shortchange ourselves for the convenience of others. I knew from a young age, being raised by a single mother, that to reach my personal and professional goals, I couldn’t do that. I knew that to see the growth I wanted in my future, I needed to see myself represented by my organization.” 

When Brooke started working at her next firm, she immediately noticed that the Director of Recruiting was not only a woman, but had years of experience making a name for herself in a male-dominated industry. Brooke asked her to be her mentor and meet with her 1-on-1 on a quarterly basis. In this partnership, she learned how to better communicate with a team, conduct herself in front of clients and candidates, and build the confidence to take action.

“It was amazing. In hindsight, I really credit my career growth to her. I am also very proud of myself for not settling for the status quo and being motivated to push myself past it,” she explains. “I was truly able to look up to someone and advocate for myself.” 

“If you’re feeling underdeveloped or stagnant in their role, don’t wait for your boss to tap you on the shoulder to get developed. It’s important to take your career into your own hands,” Stemen explains. “Don’t expect someone else to care more about your career than you do yourself.”

Brooke joined the Green Key team in 2021 and was immediately drawn to the number of women in leadership positions. “Women at Green Key are taken seriously. Many of them are top producers and subject-matter experts. The female experience isn’t lost here. Everyone is seen as equals. We’re focused on performance; there’s no room to be political.” 

There are currently 13 million women-owned businesses around the world. As of 2022, 42% of American businesses were female-run. Though women face more challenges in leadership roles, and often feel the effects of gender bias, studies show that their influence results in a more diverse workplace, fresh ideas and policies, and steps to close the wage gap. 

Deloris Jones, Partner at Green Key leading the Pharmaceutical National team, says, “Women bring a unique perspective to the table in the way we approach problem-solving and decision-making. Having women in leadership positions provides visibility and serves as a role model for young women, showing them that they can achieve success and leadership roles in their career.” 

If you’re a woman interested in advancing your career or working for an inclusive organization, connect with Brooke on LinkedIn and begin that conversation. Your next mentorship or leadership opportunity could be around the corner! 

CEOs Say Tight Labor and Retaining Talent Are Top Concerns

The possibility of recession, the certainty of intense competition, a tight labor market and global trade and instability, are the top worries of corporate CEOs worldwide.

Only in China, with a population of 1.4 billion, are executives less concerned about the labor market, but even they rank attracting and retaining their best talent as their number one internal worry.

The annual survey of the world’s CEOs by The Conference Board, found unanimous agreement about the outside issues that concern them. Recession, which was at the top of the list of external issues everywhere but the US last year, is now in first place. In Japan, with a rapidly aging and shrinking population and limited immigration, the tight labor market nudged recession fears to second place.

“The ongoing concerns about recession risk among business leaders reflect the slowing economy of the past year and the uncertainties about the outcome of the trade disputes and other policy concerns,” said Bart van Ark, chief economist at The Conference Board.

Of the many internal issues CEOs confront, attracting and retaining their best talent is the leading worry.

“The global challenge in acquiring and retaining talent requires companies to be more strategic – knowing not only what qualities and skills to recruit for, but also how to recruit more efficiently and effectively,” said Rebecca Lea Ray, Ph.D., executive vice president of human capital at The Conference Board.

Two of the other issues among the top five globally are also workforce focused: leadership succession and innovation.

For US leaders developing “Next Gen” leaders is a concern just behind the disruption technology is causing. In other parts of the world, CEOs and the C-suite also consider both among their two or three biggest worries. But in the US, where disruptive technologies are often born, data analytics/data collaboration is a greater concern than elsewhere.

Everywhere, though, creating a more innovative culture is a priority concern.

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Apr 5, 2024

Navigating Quarterly Reviews with Confidence

As the end of the first quarter draws near, employees across the board are gearing up for their quarterly performance reviews. Quarterly reviews offer a valuable opportunity for both employees and managers to reflect on accomplishments, identify areas for improvement, and set goals for the upcoming quarter. In this article, we’ll explore the purpose of quarterly reviews and the benefits of quarterly reviews.

The Purpose of Quarterly Reviews

According to YourLeadershipEvolution.com, “A quarterly performance review aims to examine individuals, their goals, skills, and performance to inspire development and improvement in their work. Without the review of self, workers can become stagnant and fail to aim for higher things. To develop leaders, as all leaders should be trying to do, it is essential to review performance regularly.”

Benefits of Quarterly Reviews

Indeed notes, “Quarterly reviews might seem like a lot of work, especially if you’re used to annual reviews, but they can benefit you and your employees in many ways.” They went further to list a few benefits of quarterly reviews. See below for a few of the mentioned benefits:

Better Recall: It’s sometimes difficult to remember what you did last week, so trying to think back to how your employees performed last year can be challenging. Also, a recent success or struggle can overshadow everything else the employee did in the last year since that’s the most current and memorable event…”

Faster correction: If an employee’s performance isn’t adequate, waiting a year to address it can make the situation worse. Quarterly reviews make it easier to catch and address the issue quickly.”

“Frequent check-ins on issues: Once you identify an issue, quarterly reviews let you touch base on improvements regularly. You can verify that the employee is following the plan you create to correct the issue and make adjustments if necessary.”

“Improved goal-setting: Setting goals is an effective way to help your employees improve their performance. With quarterly reviews, you can check in on goal progress, adjust goals and set new goals more effectively.”

“Decreased compensation focus: Annual reviews are often tied to raises, which can be distracting for employees. They care more about whether they’re getting a raise and how much they’re getting than what you think of their performance. Quarterly reviews focus more on performance and regular improvement than on compensation.”

“Relaxed and informal: One major annual review can make employees nervous. They’re often one-sided and formal. Quarterly reviews take more of a check-in approach with two-way conversations. The more relaxed vibe of a quarterly review might help employees be more open.”

Quarterly reviews serve as essential checkpoints in the professional journey, providing employees and employers alike with a structured opportunity to reflect, assess, and plan for the future. Embracing this process with enthusiasm and dedication not only empowers individuals to reach their full potential but also drives organizational success in the long run.