Briefing: Developing career confidence, passion and leadership

In a survey by the National Association of Colleges and Employers, 77.8% of employers named both “leadership” and “the ability to work in a team structure” as key attributes they look for on a job application. According to a study by LinkedIn, more than half of the people surveyed feel more comfortable voicing their opinion at work now than when they first started their career.

Building confidence is an important part of career development. In these videos successful hospitality professionals discuss leadership and taking charge of your own career:

Leadership skills can be developed within a supportive working environment. A report by DDI found that 70 % of leaders say developmental assignments are most effective way to develop leadership. The Global Leadership Forecast 2014/2015 also suggests that not having enough time or opportunity holds people back from growing as a leader.

But attitudes to work are changing, people are building their own paths to success. In the LinkedIn New Norms @Work study a third of people said that if they were unhappy, leaving within a month would be ok. Interestingly the survey also found that the number of jobs professionals think looks good on a LinkedIn profile is 3. An unrelated survey from RecruitFi also looked in to attitudes around multiple jobs. This Millennial Outlook Survey found that 83% of millennials would change jobs to pursue their passions, even while acknowledging that it could look bad to prospective employers.

When people do decide to change their careers, according to a survey by Accountemps, two in five executives in the United States would turn to a spouse or significant other for advice first, with friends and mentors being turned to by 20% and 21% of people respectively.

Those starting a career may not have the confidence or experience to lay out a plan for their career, and may feel uncertainty about job prospects and security. Therefor opportunities to gain skills and step into an industry are appreciated. According to the Milkround Student and Graduate Career Confidence Survey Report 2015, 61.2% of student and graduates felt that “work experience or an internship” would make them feel more confident about their career prospects.

If you’ve been sent to this page and you’re not yet on the circulation list to receive these regular briefings and you would like to sign up, you can do see here. It’s free.

Video clips produced by ybc.tv for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: CEOs seek skills for the future

According to PwC’s 18th Annual Global Survey, 61% of CEOs see more opportunities today than three years ago and 59% see more threats. We live in a dynamic world, business is being shaken up over and over again, but there are many ways in which business leaders can give innovation a place to shine in their organisations.

In this briefing four hospitality experts suggest that open-mindedness, flexibility, and investing in the right talent is key to success in an ever-changing world:

PwC’s survey of 1,322 CEO’s in 77 countries, found that 60% of CEOs are concerned about shifts in consumer spending and behaviours. A shift is certainly evident in the world of hospitality.

Having the right people in your organisation to be able to make the changes demanded by today’s consumer is important. It is also challenging. In PwC’s survey 73% of CEOs stated that they are concerned about the availability of key skills. This worry has been growing over the past years. According to PwC’s Global entertainment and media outlook 2014–2018, only 46% of CEOs had this concern in 2009. In 2010 this tipped over to 51% and by 2014 was at 63%.

The Being Digital Workforce Report from Accenture looks more closely at digital skills in organisations. It found that 44% of business leaders say a lack of digital skills is a key barrier to transformation. It also found that 49% of business leaders have a strategy for the management and development of skills and talent in a digital world, which means that just over half of leaders have yet to prepare for this need.

Digital technology itself is being more keenly embraced. In PwC’s survey 80% of CEOs said that mobile technologies and data analytics are key strands of their strategy.

If you’ve been sent to this page and you’re not yet on the circulation list to receive these regular briefings and you would like to sign up, you can do so here. It’s free.

Video clips produced by yBC for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

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