What are the challenges being faced by managers today and what are the relevant solutions?

Answer 1

One of the top challenges of managers today is having workers who don't want to work.

Solution: Human resources should communicate with managers to determine who is and is not a good candidate for hiring. Improve screening process with questions that get into the mind of the applicant to get an idea of his/her work ethic. A personality profile would go even further to identify useful or alarming tendencies which can be entertained further with questions.

Another challenge that managers face today is workers who are not qualified to do the type of work.

Solution: Same answer as above. Improve the screening process in human resources.

The third problem that managers face is workers who are not interested in the work and so only do what is needed to get a check on payday.

Solution: Include the workers in decisions for improving the business. Ask them questions, get input from workers on how to make the operation/company better.

Ask workers for feedback on how they are treated, problems they see in the business. This will make them feel more respected and as part of the team, instead of like slaves.

Hold a monthly class for employees that offer some type of personal development training. This is especially useful if the principles can be applied to the job. However, even if it can't be directly it can benefit the job as well as the employee.

For instance....if employees are better informed about health, nutrition, handling debt, effective parenting, etc it means less stressed out employees which means they are more productive and have a better attitude.

Also, they think highly of the company and appreciate the outreach. The become more loyal and responsible. Everyone will want a job at the company who cares.

The last thing that needs to be mentioned is simple. Managers themselves are faces with not having a clue as to how to encourage, motivate and develop their crew.

Solution: Get training on how to be an effective manager. For goodness sakes, at least read a book or watch YouTube videos on managing people. Stop winging it.

Answer 2

Generally speaking, the main focus is on interest rates. It's clear that when they rise to any substantial degree, the securities markets will change. To what the extent these markets will change is an open question.

Answer 3

Is the work really worth doing?