Q1 Economic Review: Elections, Recovery and Underemployment

Job Searching, Market Update, Recession & Downturn, Recruitment, Retention 1 Comment

As we begin the second quarter of 2010, I recently interviewed the economist and media commentator Mitul Kotecha to get his views on the economy and employment market at the end of quarter one.

Mitul is a regular guest on TV news channels CNBC and Bloomberg TV to discuss his views on the global economy and is frequently quoted in publications such as the Wall Street Journal and the Financial Times. He also shares his views on the economy and global markets at his blog, The Econometer.

As you’ll see from the transcript of the interview below, he’s still cautiously optimistic about the prospects for 2010 and predicts a slow drawn out recovery with plenty of hiccups along the way.

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Sital: Mitul, when we spoke in December to look at your predictions for 2010, you were cautiously optimistic about economic recovery in 2010. What’s your take on things after the first quarter?

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13 Leadership Behaviours For Managing Change

Change & Uncertainty, Engagement, Leadership, Retention 2 Comments

1. Be more visible

- Now is not the time to go missing

2. Be more transparent

- i.e. the complete opposite to what most leaders do in changing times

3. Be more communicative (a lot more)

- If you’re not communicating, then the rumour mill will go into overdrive

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Motivating Employees: It’s Not About The Money

Engagement, Job Satisfaction, Retention, Videos 1 Comment

I’ve just started reading Dan Pink‘s new book “Drive -- The Surprising Truth About Motivates Us”. Pink is one of my favourite authors on the workplace and so, as expected, the book is an excellent read.

The clear message in ‘Drive’ is something which most of us have always known intuitively -- that money does not motivate people in the work place in the long term.  But us Pink explains in the book (and in the video clip below) there is now a raft of scientific research that backs up what we’ve already known.

So why do so many employers and business leaders get obsessed with trying to motivate people via the old fashioned carrot and stick approach hey…?

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