HR Digest

MAY 4, 2024

Redefining Traditional Roles Gig workers operate outside conventional full-time roles, necessitating a deconstruction and re-evaluation of job descriptions within organizations. Performance-Based Incentives : Develop clear metrics that align gig workers’ tasks with organizational goals, rewarding them based on their performance.

Strategy 52

Strategy Compliance Management Policies 52

The Horizons Tracker

AUGUST 20, 2023

The paper aims to investigate the effects of these minimum wage hikes on small businesses operating in the low-wage sector, which encompasses a diverse range of enterprises such as restaurants, grocery and retail stores, and childcare facilities. The federal minimum wage has remained stagnant at $7.25

Incentives 98

Incentives Policies Cost Price 98

HR Digest

JANUARY 12, 2024

By prioritizing financial wellness, providing educational resources, and offering tangible incentives, companies can empower their seasoned workforce to navigate the storm clouds and enter their golden years with confidence and peace of mind. Organizations need to move beyond the surface level of diversity and inclusion.

Leadership 109

Leadership Diversity CPO Career 109

Strategy Driven

MAY 13, 2020

Fortunately, there are various ways to streamline business operations, boost productivity in the workplace, and increase sales and revenues. Expanding your business globally will allow you to access a far more diverse market and significantly increase your earning potential. Automate business operations. Hire sales experts.

Strategy 122

Strategy Globalization Operations Incentives 122

The Horizons Tracker

DECEMBER 13, 2022

“ESG is following something of a similar pattern to diversity, which in the beginning was largely virtue signaling to make it look like organizations really cared,” Columbia University’s Tomas Chamorro-Premuzic says. ” This extends to being active participants in each of the regions in which they operate.

Cooper 114

Cooper Long-term Politics Energy 114

Talent Anarchy 1

AUGUST 26, 2023

Even during challenging times, such as the COVID-19 pandemic, essential transportation services remained operational, highlighting the industry’s resilience. Diverse Opportunities The transportation industry offers a plethora of career opportunities, catering to individuals with various skill sets and interests.

Transportation 78

Transportation Career Airlines Industry 78

HR Digest

NOVEMBER 9, 2021

John Iino talked with The HR Digest about the various Diversity & Inclusion programs which have put Reed Smith on the global map as one of the top diversity employers. The HR Digest: Why is equity, diversity, inclusion, so important to you? By the time I left my first firm, I was the most senior AAPI in the entire firm.

Globalization 59

Globalization Diversity Self-aware Metrics 59

HR Digest

JANUARY 19, 2023

I’ve found it helpful to work with an executive coach, who can give me objective advice and operates as a sounding board. that provide a platform for diverse perspectives and recognition of events focused on areas such as ability, gender, ethnicity, race, generation and sexual orientation.

Commitment 52

Commitment Real Estate 360-Degree Feedback Human Resources 52

The Practical Leader

JUNE 7, 2023

Management directs, plans, and controls daily operations. Leaders support frontline servers and teams running daily operations. Management’s job is to solve operational problems. Leaders ensure teams have the skills, tools, information, and support to solve operational problems. Involve people. Manage one on one.

Teamwork 52

Teamwork Operations Objective Quality 52

Tanveer Naseer

APRIL 24, 2012

Of course, any discussion of competing in a global economy understandably introduces the importance and value of encouraging diversity within the workplace to tap into new ways and approaches to address a particular situation. But why do we have to limit this notion of diversity to visible or cultural differences?

Diversity 203

Diversity Globalization Productivity Products 203

HR Digest

NOVEMBER 27, 2020

Amazon announced on Thursday that it would pay full-time operations workers $300, and part-time workers $150 if they are employed by the e-commerce giant for the entire month of December. This brings the total spent on special bonuses and incentives across its global workforce to over $2.5 billion in 2020.

Retail 52

Retail Policies Incentives Software 52

HR Digest

JANUARY 6, 2022

In 2020, our Diversity and Inclusion team and the Black Employee Network launched the Taking Action Initiative task force to explore and drive actions we could take to make meaningful change internally and externally to the company. Gloria Chen, CHRO, Adobe.

Software 98

Software Engineering Learning-by-Doing Diversity 98

Leading Blog

AUGUST 8, 2011

With such a diverse clientele, employees cannot simply operate by choosing from a limited number of preselected solutions to guest requests. Incentives alone won’t do it. Simon Cooper, president and CEO of Ritz-Carlton, calls this “scriptless service”. Each of these elements, when combined, will create enormous value?”

Leadership 280

Leadership Simon Cooper Gordon 280

Change Starts Here

JUNE 6, 2013

Yet, without a change management approach, HR tends to work within a transactional role, attacking problems reactively with policies, training, incentive programs, and memos. Jobs that focus on process improvement, such as industrial engineers, Six Sigma Black Belts, and operations managers, are usually redesigning people’s jobs.

Six Sigma 124

Six Sigma Management Human Resources Project 124

N2Growth Blog

AUGUST 5, 2010

That said, buckle-up and join me for a ride as we journey into the politically incorrect mind of Mike Myatt… The institutionalization of “Politically Correct Thinking&# in the corporate world has done more to harm operating businesses than just about any other social and/or cultural influence in recent times.

Politics 375

Politics Blog Leadership Diversity 375

Harvard Business Review

DECEMBER 29, 2014

According to “Spin Selling” author Neil Rackham, when Xerox first established a sales operations group in the 1970s to take on activities such as sales planning, compensation, forecasting, and territory design, group leader J. •Administer quarterly sales incentive compensation plans and the goal setting process.

Offshoring 9

Offshoring Outsourcing Analysis Incentives 9

Strategy Driven

NOVEMBER 15, 2019

While scaling your business can be challenging, there are plenty of ways to improve business operations, increase sales, and boost profits within your company. An attractive loyalty program may also help you attract new customers as it gives people an incentive to spend money with your business. Take your business global.

Strategy 11

Strategy Customer Loyalty Loyalty Advertising 11

Harvard Business Review

JULY 30, 2018

. “Any time you start something new like [an innovation initiative], that cuts across many areas, there’s a potential for people feeling like you’re in their backyard,” says Michael Britt, a senior vice president who heads the Energy Innovation Center at Southern Company, a major utility operator. What can help?

Innovation 14

Innovation Company Budgeting Survey 14

Harvard Business Review

JULY 1, 2016

Countries that operate under common law, including the United States and the United Kingdom, lean in this direction. Countries that operate under civil law, including France, Germany, and Japan, tend to be in this camp. This includes non-financial and financial performance metrics as well as incentive compensation plans.

Short-term 8

Short-term Long-term Objective Incentives 8

Harvard Business Review

SEPTEMBER 12, 2012

A McKinsey study found that across all industry sectors, companies with the most women on their boards of directors significantly and consistently outperform those with no female representation: by 41% in terms of return on equity and by 56% in terms of operating results. Tesco, Unilever, BT, Eversheds, and the National Grid are all on board.

Diversity 15

Diversity McKinsey Incentives Proposal 15

Harvard Business Review

MAY 25, 2017

Other firms have ventured down this path, including the conglomerate Wesfarmers , with its 200,000-plus staff, and the global hospital operator Ramsay Health Care. CEO incentives have traditionally been evaluated against objective data — also labelled “hard.” Should soft measures be part of a CEO’s scorecard?

TSR 8

TSR Banking Committee Incentives 8

Harvard Business Review

JUNE 23, 2016

The hope was that the diversity of brainpower and perspectives would yield imaginative ways to outgrow the shortfall. While a natural inclination, this group is (by design) representative of current operating units and functions, which often have a status quo to defend. That, in brief, is the concept of a leadership circle.

Leadership 9

Leadership Diversity Committee Long-term 9

Strategy Driven

JANUARY 28, 2011

Sellers, unfortunately, have a belief that if by offering the right data, in the right way, to the right demographic, or use the right incentives/push/pitch/influence, that people will buy, or acquiesce, or agree. Let’s look at what we’ve been doing until now. Sellers sit and wait while they do them.

Servant Leader 50

Servant Leader Newsletter Resources CFO 50

You're Not the Boss of Me

NOVEMBER 21, 2010

This speaks to the dangers of clinging to, and operating from, narrow perspectives. I believe the goal for leaders in this century is to widen the lens of their thinking by challenging not only their own assumptions but also the beliefs and biases on which their organizations operate. You have given me incentive to do that.

Learning Organization 56

Learning Organization Senge Organization Learning-by-Doing 56

Harvard Business Review

JUNE 2, 2016

The opportunities for firms operating in this mode are potentially new forms of market development and user engagement. Managers operating in the community mode need to understand the challenges of maintaining, incentivizing, and capturing true value-added contributions from these communities.

Innovation 8

Innovation Competitive Advantage Incentives Tools 8

Harvard Business Review

DECEMBER 29, 2016

More often the dilemmas were the result of competing interests, misaligned incentives, clashing cultures. Incentives and pressure to inflate achievement of targets. Build a strong and diverse personal network. Many leaders felt poorly prepared for the dilemmas they faced and felt compelled to take decisions they later regretted.

Ethics 9

Ethics Company Emotional Intelligence Short-term 9

Harvard Business Review

DECEMBER 14, 2015

The company’s more than 80 operating subsidiaries have complete independence and minimal oversight from headquarters, which requires little else besides regular financial statements and the return of excess cash that is not needed to sustain and grow the business. A long-term investment horizon improves operating performance.

Short-term 8

Short-term Long-term Supply Chain Ethics 8

Harvard Business Review

SEPTEMBER 28, 2011

Though some will argue that this approach is inconsistent with overall societal benefit, I believe that the shareholder-centric ethos has served as an effective vehicle for streaming the diverse interests of collective capital towards a singular productive purpose. This unified pursuit has provided growth and jobs.

CEO 12

CEO Long-term Short-term Incentives 12

Harvard Business Review

JUNE 5, 2012

Many organizations were once structured to ensure that each function operated with maximum efficiency. Too little diversity of thought; too much isolation from customers' experience. Mobile phone operators make sure their executives never deal with the dropped calls and poor reception that bedevil their customers.

Process 15

Process Innovation Diversity Budgeting 15

Harvard Business Review

SEPTEMBER 18, 2012

A McKinsey study released in May 2011 stated that, by using Big Data to the fullest, retailers stood to increase their operating margins by up to 60% — this, in an industry where net profit margins are often less than 2%. Independent retailers are savvy operators and are eager to join the fray if given the opportunity.

Retail 15

Retail Brand Marketing Industry 15

Harvard Business Review

JUNE 12, 2018

Telecom operators often provide the backbone communication networks required to run systems and applications. Digital natives such as Didi and Uber are operating customer-facing mobility platforms in cities around the world. It also requires setting up aligned incentives between city teams and business divisions.

Real Estate 8

Real Estate Company Transportation B2C 8

Harvard Business Review

MAY 28, 2015

So I reached out to Brandon Webb, an innovative SEAL trainer/educator, and CEO of Force12 Media for real-world perspective on what industry could learn from a special operations sensibility. This links directly to his second theme around “getting the incentives right.” That scares me. Incentivize Excellence Not Competence.

Training 8

Training Education Incentives Leadership 8

Harvard Business Review

MAY 20, 2014

Trying to sell into a world of enormous corporate cartels is considerably more difficult than it was forty years ago, when every sector in America was smaller, more diverse and more dynamic. When a company had dozens of potential competitors in various geographic regions, there was an incentive to innovate before the other guy does.

Pharmaceuticals 9

Pharmaceuticals Banking Chemicals Trends 9

Strategy Driven

NOVEMBER 8, 2010

That means you need compelling incentives to have people join your community. Rolling out a community and just expecting people to join as friends or followers is a flawed philosophy. Marketing 101 principles still apply. Shifting your business strategically, culturally, and operationally are key components to the equation.

Media 50

Media Follow-up Software Newsletter 50

Harvard Business Review

AUGUST 9, 2012

Billions of dollars and millions of hours were spent to build and operate these systems. Sales leaders can gain insight into how many salespeople are needed, how to attract and retain top talent, and whether an incentive plan is motivating the right kinds of sales activity.

CRM 13

CRM Micromanagement Technology Maturity 13

Harvard Business Review

JANUARY 6, 2015

.” Specific technical skills are getting increasingly easy to measure, so employers focus instead on assessing whether a candidate understands the context in which the business is operating, will be highly motivated on the job, and will get along with the rest of the team. Here’s the rub.

Software 8

Software Engineering Incentives CRM 8

Harvard Business Review

DECEMBER 7, 2017

Just look at Uber to understand the importance of diversity and product safety or at car manufacturers scrambling to develop a competitive advantage in electric cars as countries seek to decarbonize their economics and fight pollution. The debate is far from settled and will likely go on for a long time.

Supply Chain 8

Supply Chain Asset Management Chemicals Long-term 8