Holy smokes! It's the weekend already! Where did time go? Catch up on everything you might have missed here with the top five most-read stories on Talentmgt.com for the week of April 16.
1. The CEO's Role in Talent Management: Don't just tell your employees they're your most valuable asset -- show them. And get your CEO involved in talent management efforts to drive home the message, writes Halley Bock, CEO of leadership development and training firm Fierce Inc.
2. Three Tips to Create Effective Virtual Teams: Virtual teams are on the rise and can be more productive than in-person teams, but it isn't enough to just equip employees with the technology. Make sure you take these factors into account first, writes Susan E. Cates, president and associate dean of executive development at the University of North Carolina at Chapel Hill's Kenan-Flagler Business School.
3. Mentoring in the Networked Workplace: What holds true for traditional one-on-one mentoring remains true for emerging models conducted from a distance, writes Randy Emelo, president and CEO of enterprise mentoring systems provider Triple Creek. The fact is, virtual relationships require tangible trust.
4. How to Do CEO Succession Planning Right: Best Buy's CEO unexpectedly resigned last week, leaving the struggling retailer to look for its next leader. While there isn't a one-sized-fits-all solution, here are proven strategies to get it right, writes Talent Management editor Deanna Hartley.
5. Why You Need a Talent Strategy: In today's hyper-competitive global marketplace, the talent organization has emerged as the single most important element of sustainable differentiation, writes Michael Haid, senior vice president of talent management for Right Management, the workforce solutions group of ManpowerGroup.
In Other News
A report released Wednesday by outplacement firm Challenger, Gray and Christmas Inc. suggests that upcoming college graduates will have an easier time finding work than earlier grads.
Furthermore, the report forecasts the growth rate for HR, training and labor specialists to increase between 20 and 28 percent between now and 2020.
Women are More Ambitious Than Men
Also, a study by the Pew Research Center in Washington suggests that women are more ambitious than men when it comes to their careers.
About two-thirds of women between the ages of 18 and 34 rated a high-paying career among their top priorities, according to the Pew study, compared with just 59 percent of young men.
The results are a reversal from 1997, when 56 percent of women rated a high-paying career high on their priority list, less than the 58 percent of men surveyed then, according to Pew.
As this article reporting the study's results in The Wall Street Journal says, "the Pew survey suggests women's growing economic power is upending longstanding roles in how men and women view work, marriage and family -- though not at the expense of raising children."
The Journal article continued: "Indeed, while young women now put a higher value than men on their career, roughly six in 10 women ages 18 to 34 said being a good parent was one of the most important things in life. That was up a full 17 percentage points from 1997."
The research is based on phone surveys of a total of 1,181 women and 1,308 men.