Top 10 Business Challenges
Productive Relationships (Top 10 Business Challenges)
In a survey of top companies, The Insights Group found that developing productive relationships was considered to be one of the ten greatest business challenges. This could involve both internal and external relationships. Insights Discovery uses a four colour model, comprised of Cool Blue, Fiery Red, Earth Green and Sunshine Yellow energies, to describe people’s strengths, styles and team contributions. Everyone has all four energies, although no one is strong in all four, and the unique combination of these helps to determine why we think each and behave the way we do. A key part of ensuring that you have productive business relationships is to establish them before you need them. A neighbour you have never met before is less likely to lend you a cup of sugar or jump leads for your car than someone you have lived next …
Changing Personnel – People Leaving
When asked by the Insights Group to reflect on the main problems facing their businesses, top companies shared that changes in personnel due to people leaving their organisation was in the top ten. Insights Discovery uses a four colour model, comprised of Cool Blue, Fiery Red, Earth Green and Sunshine Yellow energies, to describe people’s strengths, styles and team contributions. Everyone has all four energies, although no one is strong in all four, and the unique combination of these helps to determine why we think each and behave the way we do. While for some, colleagues moving on is a fact of life and nothing to write home about, for others, the disruption and uncertainty caused by staff turnover can be devastating. Losing employees is inevitable. You might not be haemorrhaging staff to the competition, but even the best company …
Getting the best out of our people (Top 10 Business Challenges)
In a survey conducted by the Insights Group, top companies considered that getting the best out of their people was one of their key issues. So how do you do this? Insights Discovery uses a four colour model, comprised of Cool Blue, Fiery Red, Earth Green and Sunshine Yellow energies, to describe people’s strengths, styles and team contributions. Everyone has all four energies, although no one is strong in all four, and the unique combination of these helps to determine why we think each and behave the way we do. It is important that you set clear directional goals for your business and that your employees all know and understand what these are and how you want them to be achieved. Employees that can see the bigger picture and have an understanding of where they fit within this are likely …
Increasing agility (Top 10 Business Challenges)
Following consultation with a number of top companies, the Insights Group recognised that increasing agility was one of the top ten problems they faced. Insights Discovery uses a four colour model, comprised of Cool Blue, Fiery Red, Earth Green and Sunshine Yellow energies, to describe people’s strengths, styles and team contributions. Everyone has all four energies, although no one is strong in all four, and the unique combination of these helps to determine why we think each and behave the way we do. Universities Human Resources defines organisational agility as the ability to manage continuous, rapid and sustainable change. In an article published in McKinsey Quarterly, Aghina, De Smet, and Weerda suggest that an agilecompany is both stable and dynamic. While this may seem like an irreconcilable paradox, these two elements are both essential to creating an agile business. A …
Changes in Personnel due to people joining (Top 10 Business Challenges)
When the Insights Group asked them, top businesses identified changes in personnel due to people joining as one of their top ten challenges. Insights Discovery® uses a four colour model, comprised of Cool Blue, Fiery Red, Earth Green and Sunshine Yellow energies, to describe people’s strengths, styles and team contributions. The unique combination of these helps to determine why we each think and behave the way we do. A 2012 Allied Workforce Mobility Survey found that just 77% of new hires were still employed one year after starting at a company, while other research indicates that as many as 40% of employees quit within their first six months.How can an understanding of the four colour energies help to address this issue? A comprehensive induction process is essential to ensuring that the introduction of new staff is as disruption-free as possible …
Cost Reduction (Top 10 Business Challenges)
When business is good, it’s easy to forget that by implementing year-round cost reduction strategies, you may avoid having to take more drastic measures in leaner economic times. These strategies could range from reducing personnel or buying cheaper office supplies to converting manual processes to electronic ones, or outsourcing payroll or recruitment. Given the wide range of possibilities to consider, it is not surprising that different employees may have different approaches to cost reduction, depending on the combination of colour energies they are strong in. Insights Discovery® uses a four colour model, comprised of Cool Blue, Fiery Red, Earth Green and Sunshine Yellow energies, to describe people’s strengths, styles and team contributions. The unique combination of these helps to determine why we each think and behave the way we do. On a good day, an individual that can use Fiery Red …
Making organisational change (Top 10 Business Challenges)
The Insights Group surveyed several top companies and found that making organisational change was one of the top ten problems facing businesses today. So how does the Insights Discovery four-colour model help a business facing restructuring? Insights Discovery® uses a four colour model, comprised of Cool Blue, Fiery Red, Earth Green and Sunshine Yellow energies, to describe people’s strengths, styles and team contributions. The unique combination of these helps to determine why we each think and behave the way we do. Change. It’s not everybody’s favourite word or idea. For those of us who lead with Earth Green energy, in particular, it can be one of the things we fear the most. But change is inevitable and necessary. A famous quote commonly (yet disputably) attributed to Charles Darwin sums this up: “It is not the strongest of the species that survives, …
Retaining talent (Top 10 Business Challenges)
Clients told the Insights Group that retaining talent was one of the top ten problems facing businesses. So how does the Insights Discovery four colour model help to address this problem? Let’s look at some of the factors that contribute to retention. Insights Discovery® uses a four colour model, comprised of Cool Blue, Fiery Red, Earth Green and Sunshine Yellow energies, to describe people’s strengths, styles and team contributions. The unique combination of these helps to determine why we each think and behave the way we do. It is important that employees are able to do their job well. An individual for whom Cool Blue energy is dominant may be best equipped to ensure that staff have access to the resources and knowledge of company processes and procedures that they need in order to perform well in their role. In contrast …
Increasing Profitability (Top 10 Business Challenges)
In a survey of top companies, The Insights Group found that increasing profitability was one of the top ten challenges facing businesses. So how does Insights Discovery help here? Insights Discovery® uses a four colour model, comprised of Cool Blue, Fiery Red, Earth Green and Sunshine Yellow energies, to describe people’s strengths, styles and team contributions. The unique combination of these helps to determine why we each think and behave the way we do. A person who leads with Sunshine Yellow energy might produce a fountain of ideas on how to make a business more profitable. They may hit upon the ideal solution, but it might take an individual who leads with Fiery Red energy to take the decisive step to identify this idea and drive it into action. While someone who has a preference for Fiery Red energy would probably …
