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Stage Aktuell 02/2023, Topics of the Stage Business World
12.12.2023
Category News

Stage News 04/2023

The current topics of the business world from our daily work

In our latest article Stage Aktuell 04/2023, we present the latest trends and challenges in the business world. Find out more about career coaching, stress management, successful leadership in times of change, using digitalization as an opportunity, self-marketing on the job market and diversity management in companies.

The current world of work is characterized by rapid change, digital transformation and a constant shift in the demands placed on employees. Traditional career models, where you spend your entire working life in one company, are increasingly becoming a thing of the past. Instead, flexibility, adaptability and lifelong learning are in demand. All of this can lead to uncertainty, stress and dissatisfaction if you don't know how best to position yourself in this environment.

Why career coaching?

Career coaching offers a personalized solution to the challenges of the modern working world. It is a professional service where a coach works with their clients to define their career goals, identify obstacles and develop a concrete plan to achieve those goals. Here are some reasons why career coaching is the trend of the future:

  1. Personal development: Career coaching promotes personal development by helping clients to recognize their strengths and development potential and to further develop their skills and competencies in a targeted manner.
  2. Professional orientation: At a time when job markets are becoming increasingly diverse, career coaching can help you find the right professional direction and plan the right career steps.
  3. Change management: When changes in the world of work are imminent, be it a job change, a professional reorientation or a promotion, a coach can help you to manage the changes successfully.
  4. Coping with stress: The world of work can be stressful. A career coach can teach techniques to reduce stress and find a healthy balance between work and life.
  5. Networking and relationship management: Relationships are very important in today's working world. A coach can help you to network effectively and maintain professional relationships.

The advantages of career coaching

The advantages of career coaching are manifold. It offers customized support that is tailored to the client's individual needs and goals. Here are some of the key benefits:

  • Clarity: Career coaching helps to gain clarity about professional goals and priorities.
  • Self-confidence: A coach can boost self-confidence and increase motivation to tackle professional challenges.
  • Effective target achievement: By developing a clear action plan and regularly reviewing progress, it is more likely that targets will be achieved.
  • Improved communication: Coaching can improve interpersonal skills and self-presentation skills.
  • Quality of life: Career coaching not only helps with professional goals, but also contributes to improving the overall quality of life.

Career coaching is undoubtedly a trend of the future in a rapidly evolving world of work. It offers individualized support and guidance to overcome professional challenges and drive personal and professional development. At a time when self-determination and professional success are more important than ever, career coaching can make the difference between stagnation and success. Anyone who wants to take their career into their own hands will find career coaching a valuable resource to approach the future with confidence.

A stressful working day has become the norm for many people these days. The pressure, constant availability, high work demands and the constant flood of information can quickly lead to overload. But stress is not only unpleasant, it can also cause long-term health problems. It is therefore crucial to develop and implement effective stress management strategies.

How stress arises in the first place

In order to do something about excessive stress levels, it is important to understand how stress arises in the first place. To this end, the US psychologist Richard S. Lazarus developed the Transactional Stress Model and analyzed how people react to stressful situations. The model consists of two main components: the primary and secondary stress assessment.

Primary stress assessment

In the primary stress assessment, a person assesses whether a certain situation poses a threat to them. This assessment can be rated as positive (no stress), irrelevant (no stress), challenging (positive stress) or harmful (negative stress).

Secondary stress assessment:

The primary stress assessment is followed by the secondary stress assessment. Here, the person assesses the extent to which their own resources and abilities are sufficient to deal with the stressful situation. If these resources are available, this can lead to a positive stress assessment.  

This means that the individual assessment and interpretation of the situation and the ability to correctly assess one's own resources are much more decisive than the event itself. The stress responses - i.e. the emotional and physical reactions (e.g. rapid heartbeat, sweating, anger) and the choice of strategies that can be used to cope with the stressful situation - also interact with this.

Find the right strategy for coping with stress

To avoid sitting in the office until 11 p.m. before the holidays and going into the holidays with your last ounce of energy, it is important to find stress management strategies that you can apply directly. In this way, you can also influence your own perception and reaction to negative events, ensure your emotional balance and maintain a positive self-image. The type of stress management can be divided into three different approaches:

Problem-oriented approach

The focus here is on actively tackling the problem causing the stress and solving it or adapting to the circumstances.

An example

You can lighten the load on your desk by delegating tasks and handing over responsibilities. To do this, you need a strong team that you can rely on. It is also helpful to improve your time management. Are you familiar with the Pareto principle? According to this principle, you can achieve 80% results with only 20% of the time you spend by eliminating unnecessary tasks or tackling certain tasks with less perfectionism.         

Emotion-oriented stress management

With the emotion-oriented approach, you focus on overcoming the emotional effects of the stress rather than solving the problem itself.

An example

Everything is just getting too much for you and then an email arrives with another appointment that can't be postponed. At this moment, you should not fall into blind actionism, but use relaxation techniques such as deep breathing exercises or meditation to keep a clear head. A half-hour walk can also work wonders.

Assessment-oriented stress management

Assessment-oriented coping is about changing your own assessment and interpretation of the stressful situation in order to influence your physical and emotional stress response.

One example:

Something has gone really wrong with a project. Since no one can turn back time and change the course of events, the only thing that helps at this point is to evaluate the situation from a new perspective. Instead of getting angry about a defeat, you could see the situation as an opportunity to learn from it and do it twice as well next time.

What could you take away as a quintessence from these findings? In the end, stress is only what you make of it. By making small changes to your own attitude and choosing your own strategies, you can look forward to the end of the year in a much more relaxed way. Allow yourself moments of mindfulness and time for yourself despite the hustle and bustle. Only then will you have the resources to assess and manage stress at the end of the year.

In an increasingly dynamic and disruptive world, change has become a constant. Companies are faced with the challenge of continuously adapting and transforming their business models in order to remain competitive. However, these change processes pose major challenges not only for the organizations themselves, but also for their managers. What are the important skills that managers need to successfully navigate through transformation phases?

Adaptability and flexibility:

The ability to adapt to new circumstances and remain flexible is crucial to leading successfully in times of change. Managers must be prepared to quickly adapt their way of thinking and working and find new solutions to deal with the challenges of change.

Communication and transparent information transfer:

In transformation phases, it is particularly important that managers practice clear and transparent communication. Employees need to understand why changes are necessary and how they can contribute to them. Open communication creates trust and helps to overcome resistance.

Transformational leadership and motivation:

Transformational leadership is a leadership style in which managers inspire and motivate their employees to actively shape change. It is important to communicate a clear vision and involve employees in the change process. Individual strengths and talents should be encouraged in order to create a positive and productive atmosphere.

Willingness to innovate and change:

Managers should be open to innovative ideas and change. They should create an environment in which new ideas and experiments are encouraged and mistakes are seen as learning opportunities. By having the courage to change and constantly striving for innovation, companies can successfully navigate through phases of transformation.

Self-reflection and continuous development:

In times of change, it is important that managers also look at themselves. Through self-reflection, they can recognize and learn from their own strengths and development potential. Continuous development through further training and exchanges with other managers enables them to further improve their leadership skills and adapt to new requirements.

Leadership in times of change requires a holistic approach. Through adaptability, transparent communication, transformational leadership, a willingness to innovate and self-reflection, managers can overcome the challenges of transformation phases and successfully lead their organizations into the future. Only with the right skills can they adapt, actively shape change and seize the opportunities that change offers.

Digitalization has triggered a profound change in the corporate world in recent years. New technologies and digital tools have revolutionized the way companies work and operate. However, many companies still see digitalization as a challenge rather than an opportunity. How do companies benefit from new technologies and why does digitalization offer a unique opportunity to develop and grow?

Increased efficiency

One of the most obvious ways in which companies can benefit from digitalization is by increasing efficiency. Digital tools and automated processes allow companies to perform tasks faster and more accurately. This leads to a reduction in errors and human error and helps to increase productivity. For example, by implementing Enterprise Resource Planning (ERP) systems, companies can optimize their internal processes and better manage resources.

Innovation opportunities

By using data analysis and artificial intelligence, companies can gain new insights and develop innovative products and services. For example, companies in the healthcare sector are using advanced technologies to create personalized treatment plans and improve patient care.

Global presence

Digital technologies enable companies to have a global presence without being physically present in every country. E-commerce platforms and online marketing open up access to markets all over the world. This significantly expands the customer potential and enables business to be expanded internationally.

Cost reduction

Digitalization can also bring significant cost reductions. By automating tasks and using digital communication, companies can reduce travel and communication costs. Cloud computing solutions make it possible to reduce the need for expensive hardware and infrastructure.

Flexibility and agility

The ability to adapt quickly to changing market conditions is crucial to a company's success. Digital technologies allow companies to be more flexible and agile. Cloud-based software solutions allow employees to work from anywhere, which is invaluable in times of remote working and global challenges such as the COVID-19 pandemic.

Digitalization is not a threat, but an opportunity for companies to develop and grow. Companies that recognize and use the potential of new technologies can increase their efficiency, improve customer satisfaction, develop innovative products, have a global presence and reduce costs. It is important that companies invest in the right digital solutions and prepare their employees for the new technologies in order to exploit the full potential of digitalization. Those who take advantage of the opportunities offered by digitalization will be successful in today's highly competitive business world.

Self-marketing, also known as personal branding, is the key to success in today's working world. It's about positioning yourself as a unique brand and showing potential employers or business partners what qualities and skills you have to offer.

Why is self-marketing important?

In an age where companies and organizations have a wide range of talent to choose from, it is no longer enough to simply have the required skills and qualifications. Self-marketing allows you to stand out from the crowd and highlight your uniqueness. It helps you to build your professional profile and make your expertise visible. Here are some reasons why self-marketing is crucial:

Increase your visibility

Self-marketing helps you to be found more easily by employers and network partners. A strong online presence, well-maintained social media profiles and active participation in professional communities will increase your visibility.

Confidence building

If you position yourself as an expert in your field, you will gain the trust of potential employers and customers. People tend to work with those they perceive as competent and trustworthy.

Career development

Self-marketing can help you advance your career by discovering and attracting new professional opportunities. You will be actively contacted by headhunters and companies instead of having to actively apply.

Steps to successful self-marketing

Self-analysis

The first step is to identify your strengths, development potential, skills and passions. What makes you unique? What professional goals do you want to achieve?

Target group analysis

Who are your potential employers or customers? Do you understand their needs, problems and expectations? Your self-marketing should be geared towards meeting these needs.

Personal branding

Develop your personal brand that highlights your uniqueness and expertise. This includes creating an engaging online profile that showcases your professional achievements and passion for your industry.

Online presence

Maintain your presence on social media and professional networks such as LinkedIn. Share content that demonstrates your expertise and actively network with other professionals.

Networking

Use your professional contacts to build your network. The relationships you build can open up valuable opportunities for you.

Further training

Keep yourself constantly up to date and continue your education. This shows that you are committed and willing to develop yourself further.

Continuous improvement

Analyze your successes and regularly rethink your strategies to optimize your self-marketing.

Self-marketing is the key to success in today's job market and allows you to position yourself as a unique brand that is recognized and valued by potential employers and clients. By emphasizing your strengths, maintaining your online presence and building your network, you can increase your career opportunities.

In a globalized world, diversity is becoming increasingly important - also in companies. Diversity management is a strategy aimed at recognizing, acknowledging and utilizing diversity within a company. It is not just about traditional aspects such as gender, age or ethnic origin, but also about differences in terms of skills, experience, backgrounds and perspectives.

The advantages of diversity management

Diversity in a company brings many advantages. Different employees bring different ideas, perspectives and approaches to the work. This strengthens the company's creativity and innovative power. Studies also show that diverse teams are economically more successful. Diversity management also enables better communication and cooperation in global markets, as companies are able to respond to the needs and expectations of different customer groups.

Challenges in the implementation of diversity management

The introduction of diversity management can encounter various obstacles. These include unconscious bias, lack of support from managers and resistance to change. It is important to recognize these challenges and take action to counteract them.

In order to use diversity as a strength, it is important to create an inclusive working environment. Companies should ensure that all employees have the same opportunities and possibilities, regardless of their origin or background. This requires an open corporate culture that promotes appreciation and respect for diversity.

Diversity management also requires a targeted HR policy. Companies should ensure that their workforce is as diverse as possible and that different perspectives are represented. This can be achieved, for example, through targeted recruitment measures, diverse recruitment processes and continuous training and education. It is also important that diversity management is actively supported by the company management. Management should set an example and communicate the importance of diversity. Appropriate resources should also be made available to support the implementation of diversity management.

Tips for the successful implementation of diversity management

  1. Clear corporate values: Anchor diversity management in the corporate values and mission in order to create a strong foundation for all activities.
  2. Training and awareness-raising: Offer training to raise awareness of the importance of diversity and strengthen employees' diversity skills.
  3. Continuous evaluation: Regularly review the diversity measures and ensure that they meet the needs and changes of the employees.
  4. Inclusive corporate culture: Create an atmosphere in which all employees feel welcome and valued, regardless of their individual characteristics.

Successful diversity management pays off in the long term. Companies that recognize and use diversity as a strength are able to react flexibly to changes and appeal to a broader range of customers. It also increases employee satisfaction and motivation, which leads to higher productivity and a positive corporate culture.

Diversity management is more than just a buzzword - it is a central component of modern corporate management. By recognizing and utilizing the diversity of their employees, companies can increase their competitiveness and operate successfully in a globalized world.

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