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Organizations Are Failing To Capitalize On Data And Technology

The Horizons Tracker

According to a report by Accenture, although CEOs recognize the importance of utilizing data, technology, and people for growth, only a small percentage of large global companies are effectively utilizing these elements. Those that do have the potential to increase productivity by 11%, leading to increased profitability and revenue growth.

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The Big Shift: Demand for Future Work Skills in 2021

HR Digest

According to data collected by LinkedIn, Coursera, and World Economic Forum (WEF), the WEF Future of Jobs Report indicates 85 million jobs may be displaced by 2025. This is due to a change in the way labor is divided and shared between humans and machines. Source: Future of Jobs Report 2020 World Economic Forum.

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Accenture to lay-off 25,000 low performers

HR Digest

The Australian Financial Review recently reported that the first round of lay-offs occurred earlier this month, and more cutoffs are yet to come. ” Accenture has cut down travel budgets, cut back contractors were required, and was limiting new recruiting, the report stated.

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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies. and (ii) how can digital firms improve their financial reports to communicate sources of value creation in their businesses?

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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. US News and World Report #1 Best Hospital in the United States – Fortune ‘100 Best Companies to Work For,’ 14 consecutive years. Deborah Borg – Chief Human Resources & Communications Officer, Bunge Limited. CEO Magazine – CEO of the Year.

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What It Will Take to Fix HR

Harvard Business Review

In the July/August issue of HBR , Ram Charan argues that the Chief Human Resources Officer (CHRO) role should be eliminated, with HR responsibilities funneled in two separate directions — administration , led by traditional HR-types, reporting to the CFO; and talent strategy , led by high-potential line managers, reporting to the corner office.

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Why More Executives Should Consider Becoming a CHRO

Harvard Business Review

That the CHRO role, although at first it may look career limiting, can have more impact than any other position reporting to the CEO? “I was surprised by how much I personally enjoyed running the HR function versus taking on a CFO role,” said Reses. If I weren’t the CEO now, I’d probably want to be the CHRO.”

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