Putting People First: Future Worker Shortage Demands Change In Corporate Philosophy
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?
(PRWEB) August 18, 2005 -- 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.
For a review copy of the book or to set up an interview with Jack
Lannom for a story, please contact Jay Wilke at 727-443-7115, ext. 223.
#
# #
Source : http://www.prweb.com/releases/2005/8/prweb273496.htm