HR Digest

NOVEMBER 4, 2023

The World Bank has projected a 9 million skilled and semi-skilled ICT workers shortage to affect Indonesia between 2015-2030. While it can feel like a localized issue, such market changes are just as possible in U.S. industries and it emphasizes the importance of the retention process in HR.

Process 59

Process Attrition Trends Training 59

Harvard Business Review

AUGUST 9, 2016

From 1996 to 2015, the number of publicly traded companies in the United States alone dropped nearly 50%. The primary focus was on fixing the acquired firm through financial restructuring, dramatic cost cutting, and strategic slashing. Leaders were driven by short-term profits and rapid action to flip the organization.

LBO 8

LBO Restructuring Real Estate Leveraged Buy-out 8

Harvard Business Review

MARCH 11, 2015

There were 21,000 layoffs; a wage freeze for current workers; a halved wage of $14 per hour for non-core new hires; elimination of a funding program for unemployed workers; a no-strike agreement until 2015; and the VEBA that shifted UAW retiree healthcare and pension benefits from GM to the UAW, saving the company $3 billion per year. (In

Hedge 8

Hedge Company Automotive Restructuring 8

Harvard Business Review

OCTOBER 4, 2017

labor market over the past 30 years. Moreover, the vast majority of this “upskilling” persists through the end of our sample in 2015. That is, even while most measures of local labor-market strength had converged back to pre-recession levels, differences in advertised skill demands remain.

Skills 8

Skills Sample Technology Depreciation 8

Harvard Business Review

MAY 17, 2016

The conservative Kingdom, at the heart of the Arab-Islamic world and one of the world’s key oil producers, is in the midst of a fundamental restructuring process that centers around the country’s large, but oil-dependent economy. Saudi Arabia’s government reshuffle in early May is more than a political watershed.

Politics 8

Politics Human Capital Price Long-term 8

Harvard Business Review

JULY 28, 2016

Through Paypal, Nigerians spent $610 million via their mobile phones on international shopping in 2015, depriving local banks forex fees. From my practice working with bank clients in the continent, here are a few suggestions to make that happen: Restructure staff. Most still put marketing managers in nice cars to look for clients.

Banking 8

Banking Industry Disintermediation Offshoring 8

Harvard Business Review

JULY 28, 2015

3D printing will restructure manufacturing. The music and print media – in fact, all content producers – have had to transform as new platforms increasingly give the small the powers of marketing and distribution that were once reserved for the very large.

Restructuring 8

Restructuring Diversity Hotels Drucker 8