FINAL WORD
Johann van Niekerk , Co-founder and CEO , Outsized hiring an expert for a specific task , so their fees are higher as they reflect that expertise .
Independent contractors typically require minimal training and onboarding and have an execution mindset . Their independence relies on the quality of their work , so expect to pay a minimum of 30 % more than the monthly salary figure .
This degree of quality and specialisation means independents are often more flexible and can offer a higher return on investment . These professionals bring niche skills and deep expertise , driving projects forward more efficiently and effectively . Paying a premium for this level of skill is a smart investment .
Understanding the true cost of a permanent hire helps in appreciating the value of an independent contractor . It is not that the cost of a permanent employee is miscalculated ; it is the approach to the budget that needs to evolve . Organisations should recognise the benefits of not having to pay for leave , bonuses , sick leave and office space .
The ideal solution for you depends on your specific requirements . If you need someone to fill a cultureheavy role such as a leadership position , or a department head , then a permanent employee might be the right choice for your organisation . However ,
if you require a specialist for a specific project , or are looking for more flexibility in scaling your team , independent contractors could be a more costeffective and efficient option .
Hiring decisions are strategic investments . Weighing cost versus value ensures that companies not only manage expenses but also maximise returns , which drives sustainable growth and success . p
Is your change management an afterthought ?
If you are running a business , you may have felt that being in business is like a churning sea of change . Every day it seems there are new technological advancements . Artificial Intelligence , AI and automation are transforming industries , while global events and evolving regulations need leaders to constantly adapt .
In this dynamic environment , organisations cannot afford to view change management as an afterthought . Instead , it needs to be a core competency , with a strong focus on the human element .
Jeff Ryan , MD AWCape
Fragmented or inconsistent communication breeds mistrust and confusion . Open , transparent communication through multiple channels is key . Not everyone hears , reads , sees , the same thing when presented .
Change initiatives often fail when imposed from the top down . Team members need to understand the why behind the change , and feel valued in the process . Simon Sinek , an English-American author and inspirational speaker , focuses on business leadership and has become well-known for his concept of the Why and how it relates to inspiring action and building strong businesses .
Start With Why , emphasises the importance of clearly communicating the purpose and motivation behind the change . By connecting with team members on an emotional level and explaining the Why , businesses can reduce resistance . People are more likely to embrace change if they understand the bigger picture and the positive outcomes it aims to achieve .
Increase Engagement , a clear Why fosters a sense of purpose and inspires employees to actively participate in the change process . Build Trust , openly communicating the Why demonstrates transparency and builds trust with team members .
Resistance to change is natural . Ignoring it only creates roadblocks . Everyone perceives change differently and leadership needs to acknowledge this as part of this process and offer continuous support mechanisms .
To implement change management initiatives – there is no quick fix . Also just doing change management because you read somewhere that it was important will not achieve the desired results . From experience , the companies that do not have dedicated teams to lead the change , are usually the companies whose initiatives fail . This then leads to blaming the new technology , process for not being a fit for their business .
Successful change management is not about imposing a new way of working , it is about guiding and supporting your people on a journey of transformation . Change is constant , but how you navigate it will determine your business ’ s success in 2024 and beyond .
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