Resource Projection Best Practice 6 – The 45 Week Year

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There are 52 weeks in a year. So a full-time employee works 52 weeks in a year, right? Wrong!

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LinkedIn

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“LinedIn’s simple philosophy: Relationships Matter”

LinkedIn
www.LinkedIn.com

About the Resource

LinkedIn is a free online networking service connecting 24 million experienced professionals worldwide. Members create biographies viewable by the internet community that include as many of the following attributes as desired:

  • background summary and photo
  • current and past employment experience including company, position, and job description
  • education including school, degree conferred, years attended, special activities, and recognition
  • membership in professional groups and associations
  • honors and awards received
  • industry affiliation
  • personal, professional, or business website links

LinkedIn allows members to build their networks by connecting with other members they know through current or past business, school, or personal relationships. Members can further expand their networks by joining one or more corporate, alumni, and/or professional LinkedIn groups and by getting introduced to other members through people they know. LinkedIn also offers paid subscriptions that give premium members tools for finding and reaching people outside of their network.

Benefits of Using this Resource

Networks are an increasingly important part of every professional’s career. LinkedIn helps members build and maintain their network as well as affording them the opportunity to:

  • find potential clients, service providers, subject matter experts, and partners
  • post and distribute job listings
  • find high-quality passive candidates
  • be found for business opportunities
  • search for employment opportunities
  • leverage inside connections that can help you land jobs and close deals

The quality of these opportunities is further validated by the recommendations members provide for others with whom they have a relationship.

Final Thought…

Relationships, not business card networks, are a cornerstone of every successful professional career. LinkedIn is a premier tool for helping experienced professionals stay connected with those in their network, however, it cannot create or maintain relationships. Professionals must personally develop and nurture the relationships within their network. It is through active relationships and quality interactions with others that the full measure of LinkedIn’s benefits can be realized.

Leadership Inspirations – The Pioneer’s Creed

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“The cowards never started, the weak died on the way, and only the strong survived.”

The Pioneer’s Creed

Resource Projection Best Practice 5 – The 40 Hour Work Week

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For the purposes of personnel resource estimation, what is an individual worth? The answer may seem obvious. A full-time equivalent (FTE) or full-time employee is typically considered to be ‘worth’ 2000 hours of labor per year; calculated as the product of fifty, 40 hour work weeks.

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StrategyDriven Podcast Special Edition 1 – An Interview with Robert Thompson, author of The Offsite: A Leadership Challenge Fable

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StrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve superior results. These podcasts elaborate on the best practice and warning flag articles on the StrategyDriven website.

Special Edition 1 – An Interview with Robert Thompson, author of The Offsite: A Leadership Challenge Fable explores some of the unique leadership challenges associated with today’s business environment. During our discussion, Robert Thompson, author of The Offsite and founder of Applied Performance, a leadership and personal communications services company, shares with us his insights regarding:

  • the five principles of the Leadership Challenge
  • the differences between management and leadership
  • whether leaders are born or developed
  • the four questions executives and managers should ask of themselves to further develop their leadership abilities

Additional Information

Complimenting the tremendous insights Robert shares in The Offsite and this special edition podcast, are the additional Leadership Challenge materials and resources found on his website, Leader Inside Out (www.LeaderInsideOut.com).

About the Author

Robert Thompson, author of The Offsite: A Leadership Challenge Fable, is the founder of Applied Performance, a leadership and personal communications services company for entry-level through chief executive officers. For the past 25 years, he has worked with a distinguished group of clients that include AT&T, Hewlett-Packard, Johnson & Johnson, Lockheed Martin, Sony, and Sun Microsystems. To read Robert’s full biography, click here.

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