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The Need for Work Life Balance in Today’s Economy

May 7th, 2009

Recently the subject of work life balance has found a new awakening. The concept of balancing our personal and business needs isn’t a new phenomenon however it’s become an increasingly growing trend with the development of information technology. Business week recently released a report on the demand for and necessity of work life balance during a recession.

http://www.businessweek.com/managing/special_reports/20090326work-life_balance.htm. Recent studies have shown that even with the technological breakthroughs that have helped make daily tasks simpler, we can still find ourselves stressed and time crunched. These studies also show that in a stressful environment, productivity and employee wellness progressively decline, killing an organization’s profitability. These recent finding have spawned the new age of work life balance. Where employees work in their most productive time scales and shift their focus to the appropriate task at hand.

Some of the steps that Fortune 500 Companies are implementing include:

  1. Telecommuting - When employees work from home, they not only create more work time by saving the daily commute, but they also save the overhead cost of a rented or owned business facility. One of the biggest innovators in this is Capital One who is promoting a work from home option to all levels of management.
  2. Flexible Schedules - The Corporate Executive Board conducted a research survey asking employees what the most important aspect of their employer was. They found that “In the current economic environment, work-life balance now ranks as one of the most important workplace attributes—second only to compensation.” Their article describes this balance as “The gift of time.” Many large companies offer their employees free time for education, physical fitness, or personal errands. Or they may offer company gym memberships or discount meals as a way for employees to make the best use of their daily time.
  3. Education – Many of us just don’t know where to start when it comes to balancing our lives. What is the most important activity we do every day? What activities will help me be more productive? These questions are all addressed in each of our Work Life Balance Workshops. We recently added a resource to our website called Creating Sanity. This is a free self evaluation that we offer workshop participants to help them balance their priorities.

This month Innovations International celebrates its one-year anniversary in becoming a virtual organization. Our employees all balance their home and work life while assisting our clients with successful initiatives in leadership, diversity, creativity and work life balance. The learning we experienced has given us the in depth knowledge that we bring to each of our clients as we assist them in making a similar transition.

Kathleen DiFrancesco
Director of Marketing
Innovations International

Virtual Teams and Virtual Organizations

April 27th, 2009

Our organization moved to a virtual office last year and the result for us has been better than we anticipated.   However, along the way there are a number of different things that we learned:

1)   Overcommunication is necessary–When we are in a traditional office environment, we tend to pick up many things just by osmosis…spontaneous conversations that come up, impromptu meetings that are called, etc.   Even though it may seem like overkill, it is absolutely vital to be very clear on your meaning, and ask questions if there is any doubt.

2)  The technological tools–Before going virutal, we took a great of time exploring different options for tools that we could use to replicate our communication patterns, and also to save money.   Most of the tools we identified were either free or low cost, and all are internet accessible.   For free applications, we selected Skype for our in house calling/chat tool, Gmail for our email addresses, and Google Calendar for our organizational calendar.  For low cost tools, we chose Egnyte as the virtual server, Ring Central for our virtual PBX, Highrise for our customer database, and Basecamp for project management.   We also have begun holding virtual conferences, and now use Webex as the tool for those events.  Switching to this internet based system has probably saved us 15% in operating costs.

3)  Connecting with other resources–We have also opened up to using Elance as a resource to help us staff up on projects that require skills outside of our core competencies.  Many clients have needs that now cannot be filled by their in-house teams and are looking to us to fill the gap in related areas.  As a result, we now have a trusted team of people that we have identified through Elance who are able to ramp up quickly on our projects.  We have been happy overall, although I would add that our best experiences have been when a project was clearly definable in terms of a result, rather than a result that was more subjective.

4)  Flexibilty–Our team loves the flexibility and the ability to balance work and home life.   Some employees do their creative work at 5am and begin sending in the results of their work, while others make work late into the night.  I am able to work in between taking my children to school, and then soccer practice in the afternoon, fitting things in both before and after. Life unfortunately does not fit neatly into boxes, so this flexibility has made us view our work and our lives in a different way.

5)  Relationships are still the key–Being virtual actually has made the need for quality relationships even more important.  Being isolated with time to reflect on something can result in thoughts running wild, so picking up on cues in someone’s voice or tone can serve as a guide in figuring our someone’s emotional state.   Don’t ignore your instincts….if you think you “hear” something, ask them, because there is probably something to it.

It has been a great experience, and I will share more thoughts on this soon.

Danny

Recreating your organization in times of chaos

April 2nd, 2009

The current economic environment has resulted in many rethinking our organizations and how we do business.   However, returning to how things were in the past is not possible as the landscape has changed and will continue to change dramatically. To ensure long term viability, leadership must be able to project into the future and lead from the future, rather than being resigned to thinking in past paradigms.   This requires what at Innovations we call FuturePerfect Leadership .   Some of the steps that leadership and management can play in creating this environment include:
•    Create and promote the FuturePerfect vision
•    Create an environment of integrity and trust
•    Establish an inclusive environment where all associates experience “equity of opportunity”
•    Ensure opportunities for personal and professional development
•    Establish quality interpersonal relationships, communications, and problem resolution
•    Create an environment for work-life balance

The role of individual contributors might include the following elements:
•    Require, ensure, and design engaging work that is personally satisfying
•    Ensure that your work is aligned with the organization’s vision, mission, and objectives
•    Assume a natural leadership role among peers as greater delegation occurs
•    Design a career development plan inclusive of experiences and learning  you will require
•    Establish strong collaborative relationships
•    Personally commit to continuous learning and adding value
•    Design a plan for work-life balance

Assuming that the economy will turn around and that business as usual will be sufficient is not enough, as experience has already shown us over the last eight months.

Danny

Social Networking and Inclusion

March 28th, 2009

Most organizations when creating diversity and inclusion focus their efforts on top leadership or middle management.  Another group that also needs to be addressed is the broad based workforce.   This group will experience behaviors related to diversity and inclusion in a more direct way than any other element in the organization.   They are also the medium through which diversity and inclusion can spread in viral, immediate way.  We recently developed a new program entitled Small Acts of Inclusion, a behvaior based program through which behaviors that promote inclusion can be spread in an immediate manner (One person I was speaking with characterized it as an injection of inlcusion into the corporate bloodstream).   Through the Small Acts of Inclusion program, an individual can practice behavior that promote diversity and inclusion on their own, and spread them through their own social networks.  This can be done in person, and using technology, creating a viral spread that it is impossible to replicate through a traditional effort.

After looking at our free e-book on Small Acts of Inclusion, I invite you for one week to incorporate five of the behavior into your daily routine both at home and at work and see what the effect is on your co-workers and those around you (both in person, and virtually if you use Social Networking applications like Facebook, LinkedIn or Twitter).

Danny