OMAM Pulse - October 2024

Dear Colleagues, welcome back!

This month, as we roll into a season packed with festivities, our core theme could not be but procrastination. Sounds familiar? You bet.

But there’s no reason to hit the panic button yet if you’re a frequent procrastinator as we call it. Rather, know that procrastination doesn’t only boil down to sheer laziness
though that also plays out every once in a while. Sometimes it’s all about emotional triggers or discomforts that keep us from taking up tasks or completing them. What are they?
1. Perfectionism
2. Fear
3. Not knowing where to start
4. Feelings of inadequacy
5. Not seeing the value in the task
6. Creative or seemingly overwhelming jobs
7. Self-doubt
8. Training your brain to procrastinate (yes it’s a thing)
9.Lack of clarity

What can we all do to overcome it?
1. Eliminating distractions (stow away those chats and app notifications once in awhile)
2. Breaking down tasks into more manageable steps
3. Prioritizing important jobs first without thinking of other pending work
4. Timeboxing or the Pomodoro technique among other techniques to managetime
5. Reward yourself for every small milestone or completed step (now you knowwhen to get that cuppa break!)
6. Visualize the end-result (a successful one obviously)

While it’s not as easy as it sounds, it’s no rocket science either and no exclusive issue that you’re grappling with. Remember
95% of people admit to putting off their work and it’s only because it’s a purely visceral emotional reaction to something we don’t want to do according to author Tim Pychyl. So here’s to chinning up and transforming into a doer from a procrastinator (you can do it!).

On that note, here are all the updates you need to know this month.

This month’s HR headlines

Should Siblings be Hired in the Same Company?

It’s a question that often pops up in HR circles – should siblings work together in the same company? On the surface, it sounds like a win-win. After all, who wouldn’t want to work with someone they trust, know well, and can easily collaborate with? In fact, studies show that 30% of employees in family-run businesses feel a stronger sense of loyalty and trust, which could translate into better teamwork and communication.

But, as with everything, there are potential downsides. According to a workplace survey, 25% of employers noted that personal conflicts among siblings sometimes trickle into work, causing distractions. And, of course, there’s the issue of perceived favoritism, with 18% of employees expressing concerns about fairness when family members are involved in hiring.

At the end of the day, it all comes down to balance. With the right boundaries, clear policies, and a strong company culture, hiring siblings can work out just fine. It’s about ensuring that personal and professional lives stay in their respective lanes, allowing siblings to contribute to a productive and harmonious workplace