Half of Adults Worldwide Report Having a Formal Bank Account

According to Gallup:

Fifty percent of adults worldwide have a bank account at a formal financial institution, according to a new Gallup/World Bank study. Account penetration is 89% in high-income economies, versus 41% in developing economies.

Read more here: http://www.gallup.com/poll/154040/Half-Adults-Worldwide-Report-Having-Formal-Bank-Account.aspx?utm_source=alert&utm_medium=email&utm_campaign=syndication&utm_content=morelink&utm_term=All%20Gallup%20Headlines

12 Leadership Traits You Need To Thrive in Tough Times

Trying to grow your business in this sluggish economy is a little like trying to swim through Jell-O. Ineffective or uncertain leaders definitely need not apply.

So what does it take to lead a small business through this ongoing economic mess? The blogosphere is humming with ideas lately.

Here’s a roundup of the important traits for entrepreneurs in 2012:

1. Listen. Tune in to what workers and customers are saying, and you’ll find great ideas for how to move forward.

2. Give credit. Workers love leaders who acknowledge their ideas.

3. Be yourself. In our age of sound bites and phony smiles, tell your story honestly. It’s rare and refreshing, and makes workers feel like they know you — and want to help you succeed.

4. Communicate. So much company dysfunction can be prevented with clear communication. Otherwise, workers are in the dark. And soon, they won’t care.

5. Don’t be trendy. Avoid the “strategy du jour” problem. Choose a course and stick to it.

6. Beat anxiety. Stop worrying and turn your negative emotions — regret, fear, sadness — into teachers that help shape your character.

7. Be service-oriented. Leaders can be sort of self-involved, forgetting that they are in a position of leadership. To serve customers, shareholders and workers stay focused on others.

8. Be accountable. Define the results you want, and acknowledge when a screw-up is your fault.

9. Use empathy. Demographic changes have foisted more and more women into the workplace. Make sure your communication and leadership style is a fit for today’s workforce.

10. Share the big picture. If your workers don’t know the company’s overall goals, it can be hard for them to solve problems. That leaves you having to micromanage every problem instead of being able to delegate and offer guidance.

11. Keep your cool. The days when being a screamer worked are long gone. If workers are worried about whether you’re in a good mood today or not, little gets done.

12. Think like an immigrant. When you arrive on new shores, you often see the business world with fresh eyes. Use your unique perspective to spot opportunities others are missing.

This information was shared by Juanita Bryan of On Track Management with Natasha Foreman of Foreman & Associates, LLC

Survey of Organizations’ Most Pressing HR Challenge in 2012

According to a study conducted by Right Management with more than 600 organizations, survey respondents were asked to list what they expect to be their organization’s most pressing HR challenge this year. Findings show:

Lack of high-potential leaders in the organization: 31%

Low engagement and lagging productivity: 26%

Shortage of talent on all levels: 23%

Defection of top talent to other organizations: 19%

So after looking at these findings, what would you as the manager or top-level executive do to counter these challenges? How do you keep your employees engaged, or re-engage them? How do you check the pulse of your organization’s cultures and subcultures? How do you realign leaders, mold managers into effective leaders, and employees into future leaders? Where did you find your past and current talent, and where do you look for future  talent? How do you re-energize your current talent and show them how to leverage their strengths? What do you do or will you do to keep top talent so that they don’t defect to other organizations?

As the employee, what can and will you do to help make your organization’s environment more productive, engaging, and worthwhile? What can you do to be more productive and more of a team player? How can you build upon your talents?

Share your thoughts with us.

Copyright 2012. Foreman & Associates, LLC. Some Rights Reserved.