This Week's Herman Trend Alert Demand-Driven Workforce Development

The Herman Trend Alert July 4, 2007 A Turnkey Approach to Internships A recent study by The Internship Institute demonstrated that a single intern supervisor can gain up to 225 full workdays of productivity annually by using their time to manage and mentor instead of doing everything themselves. The Herman Group has long touted internships as a way for organizations to create and reinforce a pipeline of able graduates. With the right program, interns will stay with the company upon graduation. While many companies have internship programs, the few that focus on quality of experience and intern retention enjoy the best returns on investment. Though internships have been popular for years, until recently no one had developed a model to help companies capitalize on this valuable resource. Launched last summer, the Intern Toolkit offers a turnkey approach, providing forms for every internship-related administrative need you can imagine and more, including tracking timesheets, sample contracts, offer letter, interview questionnaire, applicant evaluation form, sample recruitment flyer, pages of best practices, and even advice about addressing poor performance. There’s also a companion resource, an instructional Video called "The Blueprint for Internship Success" which details their methodology for structuring, managing, and improving the internship experience. The brainchild of Matthew Zinman, a four-time intern with a background in marketing, advertising, and branding, his background is evident in the quality and professionalism of the materials. About 50 companies currently use the toolkit. Thinking about an internship program? Take their free assessment to determine the feasibility and profitability for creating your own program. When you’re ready, the toolkit will save you money and time. It would be impossible to replace all the time, effort, and expertise that went into the development of the kit for its low cost. If you already have a program, you probably don’t know how much more profitable you could be. Visit www.ZUniversity.org for more information or call 877-982-4769. (Enter the code "Herman" and enjoy 10 percent off.) Internships are a profitable instrument for workforce development, when the organization follows best practices. As the labor market tightens further, expect to see more companies embracing internships and more start-ups to help them recruit and retain interns. © Copyright 1998-2008 by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." DON'T BE LEFT BEHIND! If you've been thinking about attending our valuable Employee Retention Specialist Certificate Program, don't delay--only three spaces remain. With the employment market heating up, many positions are literally impossible to fill. Attend this course and you will learn dozens of low-/no-cost valuable strategies to attract and retain the talent you need. Recertification credit from HRCI. Next program: May 22-23, Charleston, SC. Call Carol at 336-282-9370 or visit http://www.employeeretentionspecialist.com. GET INSIDE THE MINDS OF YOUR EMPLOYEES Find out what's really going on inside the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-648-1918 or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html. NEW BABY BONUS Book Joyce to speak on the West Coast in 2008 and receive 100 of her books of your choosing. There is a new baby in the family, Spencer Jay, and Joyce would appreciate more opportunities to watch him grow. For more about Joyce, visit http://www.hermangroup.com/joyce.html or call Joyce at 336-210-3548. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

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