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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. It’s perhaps understandable, therefore, that managers would strive to achieve a degree of cultural fit when they recruit.

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How Johnson & Johnson and American Express Are Developing Young Leaders

Harvard Business Review

workforce — and companies will increasingly grapple with how to accelerate the development of those individuals for leadership positions. The study examined the management and development preferences of America’s young and rising corporate leaders.

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How to Be a Family-Friendly Boss

Harvard Business Review

While office time is important, both for formal meetings and for those informal conversations that are so important for idea generation and team camaraderie, the fact is that most knowledge workers could get by with doing something on the order of 30% of their work from home (or other locations) and at non-traditional work times.

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The Big Picture of Business – Planning and Budgeting in Downsized Times

Strategy Driven

Business development. Under the rules of supply chain dynamics, one must study your supplier relationships, formalize a plan of outsourcing and develop collaborations. Readily measurable values: Time and cost of product development-service delivery cycles. Creative new ideas generated. Human resources development.

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Crowdsource Your Performance Reviews

Harvard Business Review

Forty-five percent of human resources (HR) leaders don't think annual performance reviews are an accurate appraisal for employees' work. These stats, from a recent survey by Globoforce and the Society for Human Resource Management (SHRM), show that HR has lost confidence in the traditional review process.

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Getting Employees Excited About a New Direction

Harvard Business Review

” These were the first words McKay said to me in a discussion set up by RBC’s Chief Human Resources Officer, Zabeen Hirji. What happens when all RBCers are invited to contribute ideas, suggestions, and opinions about what RBC does well, where we can improve and what it will take to succeed?

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