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

HR Digest

An internal survey by Goldman Sachs junior employees detailing the crushing workload and the accompanying stress due to demanding bosses has led to some stocktaking about the working conditions in the industry and the high attrition rates. And that’s ripe for automation,” said Roy Choudhury, managing director at Boston Consulting Group.

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The Disconnect that Keeps Your Company from Performing at its Peak

Strategy Driven

Typically, Finance, Marketing, and Operations all have input, direct or indirect, on the creation and revision of the strategic plan. But that familiarity carries a steep cost: slow growth, missed targets, attrition, and unfulfilled potential. I call this obstacle The Disconnect. Sales often have no such contribution.

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The Boomers are Leaving! – How to Create and Implement a Knowledge.

Strategy Driven

Despite the media coverage of Boomers and how a tidal wave of retirements could impact business, many senior managers are kicking the can down the road, putting off the job of creating a system and process for capturing knowledge. Manager can avoid this by taking some steps now to prepare for the day when key workers leave.

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The Boomers are Leaving! – How to Create and Implement a Knowledge.

Strategy Driven

– How to Create and Implement a Knowledge Transfer Program, part 1 ), you’re ready to design and develop a program that retains Baby Boomers’ knowledge. Manager can avoid this by taking some steps now to prepare for the day when key workers leave.

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Your Most Pressing Management Problem Right Now

Harvard Business Review

Managers' survival, he continued, in a conclusion that could have been written this morning, depends "on their foresight and their grasp not only of immediate trends and problems in particular organizations but of external technological, social, and political forces of revolutionary proportions.". What Makes a Leader? What Leaders Really Do.

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Could HR be the most data driven function?

HR Digest

If you analyze functions like finance, IT, and marketing you will find common drivers of success. With a data-driven business approach, HR can help the organization develop a workforce plan that makes optimum use of talent investments while at the same time effectively monitor end-to-end HR functions, including many other initiatives.

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Before You Link Pay to Customer Feedback: Five Essentials

Harvard Business Review

Your CFO and finance team can take a leadership role here. For instance, you can calculate the value of turning a detractor into a promoter, or use differences in attrition rates to assess the expected lifetime values of different customer groups. The company's managers felt helpless and frustrated.