Generation X employees.

Generation X employees.

Recently, the World has and still experiencing faster development of technology and digitals application. This made many organizations to change their model and leadership style simply because they are forced to enter in innovation and economic competition hence, they need qualified and well skilled employees.

Millennials and Generation X employees have become more potential in management today particularly in the era 4.0. This can be proved by their contributions in an organization as demonstrated below: -

Generation X employees have great morale and desire in using digital devices compared to the old generation. However, generation Z have also paralyzed by digital hence they use more time in doing unnecessary things. Whenever, they help more in organization innovations and the use of new soft system.

Today, Generation X employees have   different professions in their careers which they get from self-soft reading and life experiences they gain from life interactions hence they contribute more in organization creation and innovation.

Generation X employees have more Social listening compared to the past generations, using communities to on-board new hires, better tools for collaboration and mobile work, customized compensation/benefit packages, and flexible work styles.

Generation X employees have more information and updates about the new innovations hence it is very easy to get up in innovation and creativity.

All in all, Generation X employees are the key important parts in any organization today although they have more challenges but we can’t ignore them because they have demonstrated more innovation and creative. Youth are the heart of any nation but they need more supervision and leading.

By James Kalimanzila

Soft and Digital Human Resources

The Quick Development of Technology and Digital Devices has changed some Key Styles and Applications of HRM practices particularly in Era 4.0. Recently,  HRO'S and Managers recruit their employees using online supports, trainings also are provided through digital support among others. Therefore, HRM should change its strategy to win and improve the modern World. Modern World Needs Modern HR.

                                                               Core Functions of HRM.

SWOT Analysis of retirement

Strength of retirement.

Health Benefits, Here retiree get enough time to have enough food and time with their families. Moreover, Retirement is often associated with a time of poor or declining health. However, retirees have more time to sleep, exercise and choose or prepare healthful foods making retirement an opportunity to actually improve overall health. Many retirees take up an athletic hobby, such as golf or walking, which can easily be carried over into later life and promote longevity.

Stress reduction, retirement can be good for a retiree's mental and physical health. Jobs are a major source of stress for many employees, and retirement may offer relief. By removing the need to perform to a high standard and meet specific targets. The process of meeting with customers and Boss instructions create mental busy hence it led to the rise of stress.

Some retirees can use their new-found free time and accumulated wealth to become involved in philanthropic activities. From making charitable donations to serving on the board of a community foundation.

Retirees can use their skills, knowledge and experience they developed over the course of a lifetime to meet the needs of the community and national in general. 

Family connection, Retirement offers the advantage of allowing more time and energy to spend with their family. The classic instance of retired grandparents serving as babysitters is only the most common example. Retirees can use their new lifestyle to spend more time with adult children, distant family members, retired siblings and close friends.

Weaknesses

Decline of plan for every year. At its core, retirement planning is about envisioning the life you want to live after giving up a full-time career. Identifying your “number,” requires an examination of your spending habits adding some cushion for inflation and healthcare costs but also a close look at your happiness index. Many people do their best to anticipate wants and needs 30 years down the road, but understandably they fail to account for the big shifts.

Retirees are not partnering with a financial professional. In the Internet age, when even the most complex information is available on demand, there’s virtually nothing Google cannot answer or so it would seem. In reality, online tools and retirement calculators don’t go nearly far enough in providing comprehensive, individualized advice.

 Likewise lack of creativity because most of retirement planning resources available through your employer and not employees hence after return back to the society it is difficult to make any plan. Do it yourself retirement planning is particularly ill-advised if you’re an affluent or high net worth individual, for whom “saving as much as possible” is no longer the name of the game.

Paralyzed thinking and innovation due to last of your daily career practice like what it was before you retire. 

Opportunities

A new lifestyle, retirement has the advantage of being one of the few times in life when many people can freely reorganize their lifestyle and its priorities.

Spending more time on a hobby with family, following an intellectual pursuit or traveling can define an entirely new way of life, especially if a career dominated much of a person's time commitments prior to retirement.

Health relaxation, After a long journey of working a human body need to rest or reduce heavy work and get enough or health food hence after retirement employee get enough time to recover their body for sustainable power and health.

To practice more strategic tax management. Modification of retirement plan for tax-efficiency isn’t about paying less than you owe; it’s about supporting the causes that matter to you and transferring more or your wealth to the next generation. With the help of financial advisor, you should take steps to determine your current (and future) tax burden, and design strategies to minimize the amount of tax you pay in retirement. This can include decisions about how you will invest, how to contribute and withdraw from tax-deferred accounts, how you plan for charitable giving, even where you choose to live in retirement.

 To reconsider conservative investments and savings. Saving can go down or up depend on the style and strategic your using.  To offset this decline in purchasing power, you need to tap into investment/savings vehicles that will help your assets keep pace with the cost of living.

Threats

Failing to track or plan well the financial spending. Most of retirees fail in this area simply because they experienced only monthly salary hence thy fail to balance their pension money instead they over use.

Increase of disease which led to the paralysis of body mental stress which can result from overthinking, lack of smart vision, lack of advice and delay of pension payment.  When an employee retire they are in high risk to get this problem.  

Failing to plan for an unexpected job loss. There’s no rule that says retirement has to start at age 65. And in fact, many professionals are planning to stay in the workforce well beyond their mid-sixties for financial and/or personal satisfaction reasons.

Early death. Most of retirees there in danger of death few days after their retirement time because of disease caused by stress and other externalities. 

A SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) is an organized planning process that can help you gain insights into your retirement planning. The goal of a SWOT analysis is to capitalize on your strengths and determine areas of weakness you can improve upon. Take the time to protect your future. Print out stress and fill in happiness in your retirement life. Hence the road to retirement is hardly a straight line.

All in all retirement marks the end of a person's working career. Employees after their retirement faces many challenges like stress, disease, death among others however retirees in recent decades have fundamentally redefined what it means to be retired. Nowadays, retirees are often active in a variety of areas and may even pursue part- or full-time employment after leaving behind a career of many years. This prove that retirees are inheritance in the national.

By James Kalimanzila(Hungry Learner) - HRM expert 

The Mish-Mash of employee’s dreams and organization’s dreams.

The death of any organization always occurs if there is employee dead and violated dreams.

An organization is referred as a unity comprising multiple people/employees, such as an institution or an association, that has a particular persistence and purpose while employee is defined as a person who is  hired for a specific job to provide labor assistance or any person  who works in the service of someone else ( organization/ owner/ or the employer).

Through the above definition you can see  that there is a great relationship between employees and organization, organization needs employees to run its activities or functions in order to achieve its dream, at the same time employees have natural dreams which must be fulfilled, if not fulfilled the mish-mash occurs hence it is very difficult to achieve organization dreams in such environment.

Every organization have its dreams and goals that must be achieved for its existence and sustainability if that dream is not achieved then organization change its strategic in order to achieve these dreams, when accomplishing this task an organization uses short and long strategic plan in achieving its dreams and goals, the general and common organization dreams are:- high production, quality employees, win, quality production, innovation, to win competition among others. Likewise, an employee has his or her own dreams which makes him or her to fill strong, motivated and cared when she or he achieve it, the common and general employees’ dreams are high salary, happy life, assurance, job security, promotion, career development, training, motivation, care and appreciation, love, reward among others. Many employees fail to help the organization when fail to get theirs dreams where by organization depends on employees in order to achieve its dreams, therefor organization development and success needs employees. I would like to advice an organization to balance this relationship because employees depend on organization hence the failure of one led to the failure of another.

In government organization, the mish-mash is mostly high compared to the private organization hence the service provided in government is less of quality compared to private institution. All in all, this misdirection and mish-mash led to the failure of any organization because employees are key potential and key players of any organization therefor organization must help them to achieve at least a half of their dreams so that they can contribute more in an organization. 

The mish-mash between these dreams can be removed only when there is mutual cooperation between employees and organization (employer). This mean that organization must provide safety, promotion, good working envelopment, motivated salary, love and care to the employees to meet their dreams. When there is job security, friendly working environment, promotion, motivation, incentives, and high salary employees works with all kind of commitment in helping the organization to achieve its dreams. Most of organization have stagnated or run bankrupt because of having this mish-mash in inorganization.

Additionally, in order to succeed and achieve organization dream an organization   must increase employee engagement, creating a healthier culture and building a world-class organization that sees exceptional growth every year is what all leaders in any industry wants for their organization.

Furthermore, there are many reasons that are hindering organizations success and development, but one key area that majority of companies completely neglect to pay much attention is employees’ personal dreams and desires. 

By James Kalimanzila (Hungry learner and HR- Researcher)

Cross-Cutural Issues.

Cooperation, Respect, and Motivation are key aspects toward Organisation Performance and Creativity by James Kalimanzila. Teaching and enjoying Song with Indonesian Children. Cross-cultural must be respected and tough in any visioned organization.

PRINT OUT STRESS AND FILL IN HAPPINESS IN YOUR RETIREMENT LIFE.

The time to RETIRE is a golden time for blessed and honored employees. Don't get or allow stress and frustration in your retirement gold time, instead enjoy life with your family and friends as well as get/enjoy what you didn't enjoy during your working life. Don't think and Rethink about your past job and mistakes. Rethink about your Health and Share your Ideas and advice to employees who are still working. Become a Mentor. Happy retirees build new life.

Happy life

                             

 Retirement is defined as a period of life when one chooses lastingly to leave the labor force behind either voluntary or compulsory. In Tanzania the traditional voluntary retirement age is 55 while compulsory retirement age is 60, this is according to the (SO 2009). Likewise most of developed country their retirement age is around 60-65 for stance in the United States and most developed countries.

The retirement time is likely to be a deadlock thinking to most of retirees particularly in Tanzania. When the retirement time reach most of employee’s starts to have over dream and dark expectation because of many factors such as past financial misbehavior, fearing the externality of the future, over expectation, delay  to get their pensions, lack of clear plan/project to do, fear of new life, lack of alternative source of income among others.

Due to these challenges I conducted an open research on retirees life rate which demonstrated that 50-60% of employees get stress stroke and body paralyses, 10% of retirees affords to run their new projects due to their past positive investment strategic and experiences, 20% of retiree pass away early after their retirement with the age between 60-70 this because of unfulfilled expectation, stress due to delay of their pension, over expectation with poor aftermath.

Retirees are very essential assert in growing modern and strong industrial based  national economy simply because they have enough overcast experiences in their field, they are very potential also in advise therefor better to protect them through providing social security income, love, psychological education,  care and sometime using them through contracts, having old and health retirees indicates wealth, peace, love, respect and blessing in the country because every employee will retire so better to create good and friendly platform for old/retirees and relax time. In the U.S., for example, the Social Security Administration (SSA) has been offering retirees monthly Social Security income benefits since 1935.

 In order to handle this problem I have suggested three areas to be realized and considered (Retirees, government, environment). This mean that retiree themselves they need education (Retirement trainings, workshops and seminars) as well as meditation in their peace of mind this will reduce the rate of stress and overthinking, here the government must formulate good retirement policies and scheme for retirement sustainability this will value them and respect their contributions in national building, lastly environmental education is more vital to retirees this will help them to have proper and perfect plan/project to do, in additional to that environmental education should goes together with entrepreneurs and investment education.  

Furthermore, in helping retirees and other employees I have proposed to learn and understand SWOT analysis as a strategic planning technique which may be used to help them in identifying retirement strengths, weaknesses, opportunities, and threats.

By James Kalimanzila-Hungry Learner.