Month: August 2015

Corporate Spending for Good

New RecruitsA growing trend in corporations relates directly to charity incorporated into the workplace. While the numbers for some companies can be disappointing when comparing corporate giving to employee giving for various causes, there is good news.

Studies like the Millennial Impact Report have clearly established that millennials care about giving and charity work, and considering the influx of this generation in the workplace, that’s a core value that won’t be disappearing any time soon. So how have corporations responded to this? Although corporate monetary giving may pale in comparison to what the employees choose to give to others, there is hope yet.

It seems that corporations are starting to respond to this demand for charitable acts. Companies are realizing that providing opportunities and flexibility for their employees to serve others is not only good for employee morale, but it can also double as a recruiting tool. Considering the fact that many of the new hires fall directly within this generational norm, it’s no surprise that corporations are reacting accordingly.

The general consensus is that CFOs are starting to realize that allocating resources – be it money, products, or time to charitable causes  is a noticeable way to encourage interest from young talent. Older companies that may not otherwise have the same allure as a new start up, are turning to this desire to contribute to the greater world as a selling point.

Although some may see this implementation of charity as simply a veiled recruitment effort, others may look at it more favorably, a new strategy where everybody wins. Adopting a philanthropic arm could introduce a positive new aspect to company culture. Additionally, company volunteer programs can encourage more opportunities for team building outside of  the office. This will hopefully strengthen relationships and values while at work. The company itself will have greater visibility and choice when it comes to acquisition of new talent.

According to some, this shift in millennial thinking crystallized during the financial crisis when many were forced to become entrepreneurs themselves after the larger companies laid off thousands of workers and cut spending on college recruitment. Instead of looking to work at established companies, many young people are starting their own business and/or looking to work for an organization that impacts the world in a positive way.

With that in mind, companies have had to step up to the plate and find new ways to attract the most desireable talent, and luckily, that means re-invigorating how they spend for good.

from Eugene Chrinian Charity
via Eugene Chrinian

Working Your Way To Wealth

Work HardAlthough there are a lot of ways to define wealth, in our culture we seem to focus on financial wealth. While this is by no means the only type of resources that we should be seeking, there are certain lessons to be learned from people who have managed to amass this particular type of wealth.

The wealthy don’t achieve their status by happenstance. Only through tireless work and dedication are we able to reach our goals, and the road to success is wrought with challenges. However, no one said that the journey would be impossible, or the challenges insurmountable. Whether you’re just starting your journey to success or already walking the path, these quick and easy tips can save you mountain of stress.

Without aligning your body and mind, you can’t expect to get far on your path to success. Meditation is a cheap and easy way to preserve the mind, and prepare yourself for a day of work. Regardless of your location, closing your eyes and centering yourself is an excellent way to be sure that stress doesn’t get the better of you. Many celebrity names, from Oprah to Rupert Murdoch endorse this practice as a healthy way to maintain your focus.

Write to-do lists and stick to them. As the old saying goes, “failing to plan is planning to fail.” While tired, this holds as much weight now as it did during its first utterance. Plan out your day’s activities the night before, and rise early to get started. No success story began with sleeping in and shirking responsibility. Making a habit of this healthy exercise will not only align your internal clock for productivity, but encourage personal organization skills that will translate to every facet of your working life.

Develop Your Network

Networking is key when establishing your business presence. Researchers have found that those who network perform better at work and benefit from an increased likelihood of achieving a promotion. Personal, genuine networking in the workplace increases recognition among peers, and creates a positive environment.

Use Your Time Wisely

Hours are the steps to success, and you must use them wisely. Direct your energies toward improving your personal work ethic or business acumen. Stagnation is the enemy of progress, and the only way to fight stagnation is with ceaseless forward motion. When available, use downtime to sharpen your skills. Reading is an exceptional way to expand your mind and vocabulary. Television, while entertaining, is the enemy of progress. Allow yourself to be sucked into a program, and an entire day can slide by without you ever noticing. In a recent study, 67% of wealthy people were shown to watch television for only one hour a day, choosing to spend their leisure time reading.

Develop a Financial Plan

Lastly, though it may seem like the most obvious step, take the time to develop a rock-solid financial plan. Build and supply an emergency fund for those rainy days, construct a contingency plan for when you’re stretched thin, and plan months in advance. A little bit of work now can save you a massive headache in the future.

from Eugene Chrinian Leadership
via Eugene Chrinian