From Global HR News - http://www.globalhrnews.com/story.asp?sid=601
SAN DIEGO -- A drastic change is coming to Corporate America. The U.S.
Bureau of Labor Statistics predicts that by 2011 the American workforce
will experience the worst shortage of skilled workers in U.S. history.
As the Baby Boomers retire over the next six years, our economy will
lose an estimated 10 million skilled workers. This shortage will create
an unprecedented need for organizations to attract and retain their
high-performing and loyal employees.
What sort of effect will these numbers have on corporate philosophy?
In the future, the “profits first, people last” culture will no longer
attract the best people, according to Jack Lannom, author of People
First. “The new business model for high profitability and long-term
viability will be a philosophy that puts people first,” Lannom says.
“Every human being needs to know that who they are and
what they do in a company has purpose, meaning, and immense
significance.”
Lannom developed his philosophy after spending 30 years in the industry
and working in the trenches with top executives from various Fortune
500 companies like Citibank, AT&T, and Blockbuster Video. Lannom
noticed that America’s core business philosophy was denigrating from
one of character and wisdom to one based wholly on profits first. “The
outcome of this philosophy is the Enron’s and the Worldcom’s of the
world where earnings became paramount without any ethics,” says Lannom.
“Once a company loses its soul, it sacrifices long-term, trust-based
relationships on the altar of short-term gain.”
Based on age-old wisdom and truths, Lannom’s People First
outlines a 5-step philosophy designed to spark a major shift in
business ethics. In the tradition of the international best-seller Who
Moved My Cheese, Lannom has written People First to not only appeal to
business professionals, but also to husbands, wives, teachers, parents,
and students. “Excellence is the inevitable outcome of adopting this
philosophy,” says Lannom. “People will work in excellence when they are
treated excellently, and with this excellence will come profits.”
By distilling his business philosophy into clear,
practical, easily learned principles, Lannom hopes to equip people with
timeless secrets and tips for building lives and passing on a legacy.
People First focuses on teaching people to empower themselves through
the systemic building of interpersonal relationships. “If you want your
profits to grow,” says Lannom, “you must grow people first.” Through
the teachings in his book, he hopes to help those who really want to
truly make a difference in people’s lives.
Posted on
Mon, June 1, 2009
by Kurt McDowell
filed under