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Hiring For Cultural Fit Can Be Good But Comes With Risks

The Horizons Tracker

Indeed, a few years ago research from the Society for Human Resource Management (SHRM) found that a poor cultural fit can cost somewhere between 50-60% of that employee’s annual salary. But businesses that adopt this method, however, must account for the potential problem of candidates tricking the system.”

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The Strategy Execution Disconnect

Six Disciplines

Effective human resource management systems and practices are in place for selecting, training, and compensating employees. There is a proper balance of centralized and decentralized responsibility required to achieve the strategy. Discipline III - Align Systems ). Discipline I - Decide What's Important ).

Execution 122
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Moving Beyond Company Organization Silos: Lessons from the Aviation Industry

Leading Blog

systems, air travel feels a bit more like a chore than like a treat. And just to make things interesting, do it in a decentralized organizational construct where laws, standards, and procedures aren’t as tightly controllable as within a single company. Even worse, functional processes — finance, human resources, sales, etc.

Industry 269
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Do Not Split HR – At Least Not Ram Charan’s Way

Harvard Business Review

Charan (intentionally or not) lambasts the entire HR profession (“It’s time to say good bye to the Department of Human Resources ” ). Capability: identifying the organization capabilities (called culture, system, process, resources, etc.) Human resources Strategy Talent management'

Charan 10
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When Managing Complexity, Less is More

Harvard Business Review

How does one successfully manage a company with a dozen diverse, decentralized businesses of varying sizes that employ over 100,000 people in 130 countries, especially in an uncertain economic environment? The answer is to make things simple, says Bill Allen, head of Group Human Resources at Copenhagen-based A.P. Moller-Maersk.

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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

We insisted that the local team follow Yahoo reporting, systems, and governance requirements. It also had two start-up business lines, Alipay, a new payment system designed to work like Paypal; and Taobao, an auctions site. Only legal, finance, and human resources still reported back to headquarters.

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Using Supply Chains to Grow Your Business

Harvard Business Review

One result is that they keep their cards close to their chests about what they are looking for (at first), while expecting you to reveal everything – your finances, pricing, ownership, human resources, production processes, quality assurance, customer service procedures, KPIs, and existing customers.