Remove Diversity Remove Hedge Remove Human Resources Remove Innovation
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Michael Fraccaro, CHRO at Mastercard, on the value of business resource groups

HR Digest

In an interview with The HR Digest, Michael Fraccaro, Chief Human Resources Officer at Mastercard, explains the importance of business resource groups and the vital role it plays to deliver real business results. I was at a conference recently and one of the speakers remarked that “Culture hedges against the risk of uncertainty.”

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How to Revive a Tired Network

Harvard Business Review

Make you more innovative. Your network’s strategic advantage and, therefore, the extent to which it helps you step up to leadership, depends on three qualities: Breadth: Strong relationships with a diverse range of contacts. Breadth: How Diverse Is Your Network? It can keep you informed. Teach you new things.

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Uber Is Finally Realizing HR Isn’t Just for Recruiting

Harvard Business Review

That is like setting up a finance organization to do exotic risk hedging before putting in place basic reporting and compliance. No board would allow a finance function to focus exclusively on investor reporting or risk hedging, but this type of mistake is all too common when it comes to HR.

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End the Religion of ROE

Harvard Business Review

First, fixating on ROE fails to maximize the benefit of business to society because it measures value in terms of returns to only one stakeholder; second, it allocates human resources as if maximizing the efficiency of financial capital were critical to growth of social welfare. The number of people affected by an innovation.

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