Archives for OMNIKAL Blog

Wake Up! How to Create a More Engaged Workplace Culture

By Kathy Steele Lack of engagement and poor employee retention rates are growing global issues in the workplace. Studies and reports conducted by Gallup, Deloitte LLC., and Quantum Workplace, chart employee engagement in 2016 at 30-35%. This means nearly 70% of the time employees are disengaged, and this margin is severely impacting companies’ bottom lines. Deloitte’s “Human Capital Trends 2016” report, an annual survey of more than 7,000 HR and business leaders globally, outlines four factors responsible for this shift in work demands. The first is a “demographic upheaval.” Millennials now make up more than half of the workforce, and baby
Read More

Entrepreneurship- Recipe for Wealth Distribution

Entrepreneurship- Recipe for Wealth Distribution Kenton Clarke, Founder Omnikal Our country, the greatest country on the planet, was created, nourished and developed from a spirit of freedom to build and maintain businesses. Professions, developed during the birth of America such as the farmer, miller, blacksmith and trader created the foundation of the economy across America. The deeply rooted belief of ‘opportunity’ in our country for men/women to develop and sustain businesses created the framework for business people to flourish from the onset of our republic. Capitalism and entrepreneurship are what makes America great and continues to create the opportunity to
Read More

Financial Reporting Fatigue™ What is your RISK?

By Janice Leahy Your team is the foundation anchor of the financial reporting production function. You have strict deadlines to meet with voluminous deliverables, but that isn’t anything unusual for the team. You have a routine to run key critical processes, and you are confident internal controls in place are adequate. Yet, as another reporting cycle is upon you something is different in the report production process. There is an unanticipated failure and data integrity critical to the reporting cycle is suspect. You discover that the impediment affects more than one process because financial functions are intertwined. Checks and balances? Not
Read More

6.5 Reasons Why Your Employees Are Disengaged

by Michael D. Brown In a recent Dale Carnegie Research Survey of 1500 employees, it was found that 45% of employees are not engaged and an additional 26% are actively disengaged in their work. An actively disengaged employee is actively looking for a job at another company, or has lost all interest in where they are currently working. That means 71% of employees are at some significant level disengaged in their work. Further research shows that companies with engaged employees outperform companies with disengaged employees by more than 202%.
Read More

Supplier Diversity Notes : Spend Doesn’t Matter

Spend Doesn’t Matter By Kenton Clarke Founder & Social Entrepreneur | Omnikal Omnikal serves over 2,00,000 members and we receive feedback regularly from business owners who usually talk about two main themes.   Focus of large corporations on growing well established diverse companies Too much attention to “Spend” figures. We all know that supply chain strategies require a supplier to have a minimum scale and scope to enable global competitiveness of its customers and in a major corporation: “What Gets Measured Gets Done”. Mission It has been clear for the last few years that supplier diversity exists for 3 main
Read More