Is your mind-set right for the knowledge based economy ?

The Institute of Directors (IoD) has produced a paper containing suggestions it believes would help the economy grow. The paper asks, according to The Independent, “Why does the Government want to make it harder to remove staff who are no longer effective?”.

I find it hard to believe a professional organisation, as IoD, in 2011 makes suggestions that reflect a view of employees as something you replace when nott effective any longer – like you replace a PC. Organisations with this mind-set is not likely to perform well in the increasing knowledge based economy where people are the key asset – the best people wouldn’t be attracted to work for a company that just replace them when they aren’t seen as effective any longer.

IoD have you heard about staff development ?

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