Marshall Goldsmith

APRIL 28, 2014

” Honest, ethical and legal behavior is always appropriate – delegation isn’t. Perhaps they could learn from their mistakes when the mistakes cost thousands of dollars, but the company went bankrupt when the mistakes cost billions. ” Almost invariably, direct reports will come up with great suggestions.

Delegation 137

Delegation Report Consensus Learning-by-Doing 137

Chart Your Course

MAY 13, 2013

The National Association of Colleges and Employers estimates the average cost-per-hire in 2011 and 2012 was $5,100. It is critical to write a detailed job description for the position you are looking to fill- listing specific skills, responsibilities, and time and energy requirements. Create a detailed job description.

Strategy 196

Strategy Succession Human Resources Benchmarking 196

HR Digest

DECEMBER 30, 2023

The conversation around Gen Z in the workplace receives a lot of negative attention whether we’re in discussion about their work fashion or their work ethic. While pay still tops the list of reasons for picking a job, Deloitte reports that it is not as important to workers as it was for previous generations.

Trends 52

Trends Technology Globalization Uncertainty 52

Chart Your Course

AUGUST 14, 2012

The dread is starting to sink in.Employers face growing challenges finding and retaining people with the right skills. There are plenty of people looking for jobs, but it is harder to find people who have the right skills, work ethic and training to help employers stay competitive. The Cost of Employee Turnover.

Newsletter 160

Newsletter Learning-by-Doing Long-term Training 160

HR Digest

MARCH 6, 2024

There are always other jobs that skilled employees can find without too much of a struggle even in a cooling job market that appears dry of opportunity. Reporting data from the Bureau of Labor Statistics , Business Insider stated that only 3.4 The cost of rehiring and replacing an employee is also quite high.

Strategy 59

Strategy Mentor Creativity Planning 59

Lead on Purpose

FEBRUARY 3, 2010

Following are three actions that will help you focus on successfully developing replacements: Hire the right people: When you select candidates to interview look for people who have the skills and the personality to grow into your position. Spend money on developing skills that will drive the results your company is seeking.

Maturity 159

Maturity Covey Training Taylorism 159

Lead Change Blog

JULY 4, 2016

Karin Hurt of Let’s Grow Leaders contributed One Common Interviewing Mistake that will Cost You the Job. Lisa summarizes, “There are many essential leadership skills, and bringing a sense of lightness to the teams and organizations (and families) we lead is certainly one of them.” And your organization?”

Leadership Development 170

Leadership Development Development Leadership Advice 170

Chartered Management Institute

DECEMBER 2, 2013

At least some of that investment should go on training for data-related skills. Worryingly, one recent survey indicated that while companies are investing heavily in Big Data, many employees lack data-mining and analytics skills. And of course there are ethical and legal considerations to consider with trading data.

Leadership Styles 83

Leadership Styles Human Capital Ethics McKinsey 83

Harvard Business Review

JULY 19, 2018

This simple idea — that one should match the skill level of the individual to the skill requirements of a task — has influenced how many businesses operate. Task shifting of this kind moves routine tasks requiring lower skills away from high-skilled professionals. Create new job categories. Upskill employees.

Health Care 9

Health Care Cost Govindarajan Transportation 9

Harvard Business Review

DECEMBER 16, 2016

Most companies have ethics and compliance policies that get reviewed and signed annually by all employees. “Employees are charged with conducting their business affairs in accordance with the highest ethical standards,” reads one such example. Creating an Ethical Workplace. You and Your Team Series. Mark Chussil.

Ethics 8

Ethics Compliance Policies Supply Chain 8

CO2

JUNE 29, 2010

And perhaps more importantly, anyone occupying a position of authority plays a followership role at times, as first-line supervisors report to mid-level managers, mid-level managers report to vice-presidents, vice-presidents report to CEOs, CEOs report to Boards of Directors, etc. Why would you be a follower?

Executive Coaching 129

Executive Coaching Execution Blog Self-aware 129

HR Digest

JUNE 24, 2023

Improved HR Planning: HR analytics enables organizations to forecast future workforce needs, identify skill gaps, and develop effective HR strategies. Optimized HR Operations: HR analytics streamlines HR processes by automating data collection, analysis, and reporting.

Metrics 98

Metrics Trends Compliance Analysis 98

Harvard Business Review

SEPTEMBER 17, 2018

Consider that in India in 2016, nearly seven in 10 citizens reported paying a bribe to access basic public services such as public schools, public clinics or hospitals, access to official documents, and utilities, according to Transparency International.

Company 8

Company Compliance Ethics Globalization 8

Women on Business

JANUARY 24, 2011

One half of building business is supplying quality products or services; the other half is skill in building relationships. For example, as a designer/writer, my skills are not well applied to bookkeeping or financial management. This skill takes practice. Toastmasters is great for honing presentation skills). Test ideas.

Press Release 100

Press Release Discount Sharpe Advertising 100

Harvard Business Review

JANUARY 29, 2016

The New York City Department of Consumer Affairs (NYDCA) recently released a well-researched report documenting similar products having different prices based on the target customer’s gender. Target equalized the prices after the report was released, labeling the differential a “system error.”

Price 8

Price Market Segmentation Ethics Morale 8

Harvard Business Review

MAY 26, 2016

Producers in less-developed countries compete by keeping costs low. Conventional wisdom holds that improving working conditions (which typically costs money) would undermine the competitive advantage these firms enjoy. Workers tend to earn more and report higher engagement with their jobs. Insight Center. Sponsored by Accenture.

Lean Manufacturing 9

Lean Manufacturing Supply Chain Apparel Compliance 9

Harvard Business Review

SEPTEMBER 5, 2014

For example, predictive analytics can reduce employee turnover costs. But companies are looking beyond cost savings—to driving outcomes. Duhigg’s New York Times story reports that Target marketing analysts built a predictive algorithm to identify pregnant customers based on their purchasing habits and other demographic information.

Human Resources 11

Human Resources Information Technology Report Human Capital 11

Harvard Business Review

NOVEMBER 2, 2016

The fact is, artificial intelligence will soon be able to do the administrative tasks that consume much of managers’ time faster, better, and at a lower cost. Report writing is another relevant example. In doing so, technology freed up journalists to conduct more investigative and interpretive reporting. Insight Center.

Management 8

Management Survey Technology Creativity 8

Harvard Business Review

JANUARY 26, 2017

As our CFO, she did impeccable work with the highest ethical standards. How to Master a New Skill. While we’re clear that our weaknesses cost us both personally and professionally, few of us make any progress in turning them into strengths. ” Al agreed. Yan was almost always right. You and Your Team Series.

Planning 8

Planning CFO Learning Curve Learning-by-Doing 8

Harvard Business Review

NOVEMBER 17, 2011

Steve's interest and skill at manufacturing operations is the cornerstone of his PVP. Ethically-challenged places are no fun." We could debate whether those industries pose ethical issues, but that's not the point. They collect reports they wrote that had impact. The question is this: How do you develop a powerful PVP?

Market Segmentation 15

Market Segmentation Ethics Career Operations 15

HR Digest

FEBRUARY 4, 2021

This employment background checks guide will help you understand the importance of candidate background checks and avoid the costs associated with a wrong hire. . There is a great talent and skill gap in jobs in today’s job market. Here’s all you need to know to verify claims made by job seekers during the hiring process.

Pre-Employment Screening 105

Pre-Employment Screening Guidelines How To Reference 105

Harvard Business Review

SEPTEMBER 5, 2014

For example, predictive analytics can reduce employee turnover costs. But companies are looking beyond cost savings—to driving outcomes. Yet, one study reports that one-third of employees are comfortable sharing personal data with their employer, particularly millennials who will become a larger share of the future workforce.

Report 8

Report Human Capital Health Care Compliance 8

Harvard Business Review

APRIL 28, 2015

When an executive at global services firm UBS Americas challenged trainees to design a cost-saving strategy, one young woman proposed that the company install software that puts a computer into sleep mode after a period of inactivity. Fill critical skills gaps. Prioritize soft skill development. Spur innovation.

How To 8

How To Diversity Teamwork Outsourcing 8

Harvard Business Review

NOVEMBER 23, 2015

This helps explain why, in a recent global survey , more than 1,500 corporate and public sector leaders reported that creativity is the most important quality a leader must have. How to build this critical skill. While rule-breaking has led to successful products, employee dishonesty more often comes at a cost.

Creativity 8

Creativity Participative Morale Ethics 8

Harvard Business Review

JUNE 11, 2015

At the consultancy where she used to work, Karla Martin, Google ’s Director of Global Business Strategy, watched a partner repeatedly offer the lead role on new business to a white male whom she had previously led on a massive cost-reduction project for a multimillion-dollar client. ” What, or who, will open the door?

Management 8

Management Diversity Report Globalization 8

Harvard Business Review

NOVEMBER 16, 2012

General William Crozier, the Army's chief of ordnance, wondered whether Taylor's system might help him deal with his system of arsenals and their chronically high labor costs and powerful unions. When Taylor agreed, they focused first on the big Watertown Arsenal, the least efficient and highest cost in the system. How Ethical Are You?

Taylorism 8

Taylorism Taylor Committee Engineering 8

Harvard Business Review

JUNE 20, 2018

Poor pay , increased health care costs , and diminished pension plans are certainly core issues — teachers in Oklahoma haven’t received a pay boost in a decade. Teachers perceive themselves and their students as being treated as fungible costs of production, cogs in a bureaucratic machine. What is professionalism exactly?

Education 8

Education Survey Stress Definition 8

Harvard Business Review

JULY 21, 2016

In several survey studies, we demonstrated that when employees perceive their leaders as too ethically driven, they demonstrated the same negative behaviors that were shown when leaders were perceived as very unethical. Only leaders perceived as moderate in their ethical requests were effective in promoting positive employee behavior.

How To 8

How To Ethics Supply Chain Learning-by-Doing 8

Harvard Business Review

APRIL 18, 2013

employers report having difficulty filling key roles. In 2012, Pricewaterhouse Coopers'' Saratoga team found that the combined costs of unanticipated turnover (including lost institutional knowledge, diminished productivity, and direct hiring and onboarding costs) are staggering: 20-200% of the employees'' original salary.

Cooper 8

Cooper Customer Loyalty Storytelling Career 8

Harvard Business Review

AUGUST 27, 2014

A report by former federal prosecutor Anton R. Valukas provides a hint: Although managers’ bonuses are based partly on vehicle-quality improvements, and safety is supposed to be paramount, cost is “everything” at GM, and the company’s atmosphere probably discouraged individuals from raising safety concerns.

Incentives 8

Incentives Performance Review Welch Motivation 8

Harvard Business Review

JANUARY 12, 2018

The availability of this data creates fertile ground for robos to provide algorithmic insights and recommendations that deliver highly predictive, error-proof, and low-cost advising. The costs of AI-enabled tools are falling, and availability is rising. Cloud-based hardware is also increasingly available to any business at low cost.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

SEPTEMBER 14, 2017

. “Eliminating my commute frees up seven more hours per week I can spend reaching out to clients,” or “my being in Chicago allows the company to cover the Midwest markets efficiently and at no additional cost” are more compelling, inarguable statements than “I wanted to spend more time at home.”

How To 8

How To Long-term Tactics Commitment 8

Harvard Business Review

NOVEMBER 13, 2012

Read widely and systematically scan sources, from new consulting reports to business headlines, to discern the zeitgeist. During difficult economic times, organizations often seek ideas on how to cut costs or perform operations more efficiently. How Ethical Are You? It can even be quantified. What Your Stock Price Really Means.

Prahalad 15

Prahalad Hamel Core Competence Leadership 15

Great Leadership By Dan

SEPTEMBER 3, 2013

Do employees feel that their boss honors their career aspirations, building needed skills that serve their organization now and in the future? Improving your perception is a key skill to work and include in your IDP. Do employees believe their leader acts with integrity, doing what they say they will do? Tacy Byham, Ph.D.

Leadership Development 283

Leadership Development Development Planning Self-aware 283

Harvard Business Review

SEPTEMBER 27, 2012

The general counsel, not the senior partner in the law firm, is now often the go-to counselor for the CEO and the board on law, ethics, public policy, corporate citizenship, and country and geopolitical risk. Having experienced, expert inside lawyers inside is the best way of controlling outside legal costs.

Chief Financial Officer 8

Chief Financial Officer Trends Crisis Definition 8

Strategy Driven

FEBRUARY 4, 2011

How much further should we extend ethics? Sadly, many of the perpetrators did not see lapses in ethics… it was legal and just business to them. By maintaining an awareness of further changing environments, there are further opportunities to be successful, ethical and move ahead of the competition. We cannot fool them.

Ethics 59

Ethics Cost Crisis Learning-by-Doing 59

N2Growth Blog

NOVEMBER 23, 2010

In evaluating any relationship in the value chain I’m looking for value, talent, performance, leverage, efficiency, economy of scale, work ethic, integrity, character, discipline and many other traits irrespective of your skin color, age, etc. A sense of entitlement is not a substitute for work ethic and a desire to achieve.

Diversity 292

Diversity Blog Leadership Learning-by-Doing 292