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Wall Street banks opt for greater automation for grunt work to retain talent

HR Digest

The juniors are dumped with scanning the news stories to prepare the public information book (PIB), collecting all possible data for financial metrics, formatting each and every report, preparing power points, doing due diligence on queries for reports, the list can get endless.

Banking 95
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Bank of America: Yesterday and Today

Coaching Tip

Many investors are trying to put their arms around Bank of America’s problems and have been left fluttering in the wind,” says Mike Mayo, a bank analyst with Crédit Agricole in New York. Bank of America has a lot more to clean up than any other servicer or lender,” says Guy Cecala, publisher of Inside Mortgage Finance, a trade publication.

Banking 105
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Introducing 100 Coaches: Pay It Forward Champions

Marshall Goldsmith

US News and World Report – One of America’s 25 Best Leaders. John Noseworthy – President and CEO, Mayo Clinic. US News and World Report #1 Best Hospital in the United States – Fortune ‘100 Best Companies to Work For,’ 14 consecutive years. Darek Lenart – Senior VP HR, Finance MasterCard. Healthcare Leaders.

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An Online Medical Database Is Reducing Doctor Error

Harvard Business Review

This September, the Institute of Medicine reported that most patients in the United States experience a diagnostic error in their lifetime. Researchers at the Mayo Clinic showed that U.S. Forty-four thousand Americans die each year as a result of preventable medical errors, and $17 billion is spent on that erroneous care.

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The Mayo Clinic Model for Running a Value-Improvement Program

Harvard Business Review

One of the team’s central findings is that TDABC cannot be delegated to the finance function. Among the implementing provider groups, Mayo Clinic stands out for its exemplary approach, which has enabled it to consistently enhance care delivery and realize cost efficiencies. select a project team with the right skill sets.

Mayo 8
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Debunking Myths About Highly-Skilled Immigration and the Global Race for Talent

Harvard Business Review

Many leave the field for other pursuits like finance and law — which sometimes pay higher wages. In a report titled " The Search for Skills ," Neil Ruiz, Jill Wilson, and Shyamali Choudhury of the Brookings Institution analyzed demand for H-1B workers in metropolitan areas. Places such as Columbus, Ind., in Rochester for 2010).

Skills 8