HR Digest

APRIL 9, 2024

In an exclusive interview with HR Digest, Trent Henry, EY’s Chief Human Resources Officer (CHRO), shares key strategies driving EY’s commitment to diversity, innovation, employee well-being, and leadership development. As an example, we’re using AI to enhance the overall experience as we work to attract and retain top talent.

Diversity 52

Diversity Career Globalization Learning-by-Doing 52

In the CEO Afterlife

DECEMBER 11, 2011

Familiar examples are spending more on advertising, introducing new products or line extensions, expanding distribution. A better-known and much larger example is the Apple turnaround. Firstly, by facilitating all aspects of Apple’s hardware and pre-installing its own operating system, he secured sustainable competitive insularity.

CEO 201

CEO Advertising Franchising Brand 201

Women on Business

JANUARY 11, 2011

A Roadmap For Recovery Stimulus dollars are headed toward businesses that support these Recovery Act goals: Healthcare : Modernize the healthcare system with electronic medical records systems. If your small business plan can move the nation forward, you’re a step closer to winning Uncle Sam’s financing and support.

Press Release 157

Press Release Discount Education Transportation 157

Women on Business

JANUARY 23, 2011

Now DC workers are seeing a change in leadership across different agencies which may mean a new boss along with new systems and priorities. Training and Professional Development If there are new systems in place, or even old systems that could be more efficient, take the time to train the staff.

Press Release 100

Press Release Motivation Discount PR 100

Harvard Business Review

JUNE 22, 2018

By almost any measure, American health care costs are out of control but the system refuses to change. health-care system is striving to get to.” HCCI outsourced back-office operations — human resources, accounting, finance, medical transcription, radiology — to low-cost but high-skilled employees in India.

Health Care 15

Health Care System Innovation Price 15

HR Digest

DECEMBER 31, 2022

For that reason, HRIS systems are a significant part of most human resource departments. However, it can be tricky to figure out the best HRIS system to fit your company’s needs. The term HRIS stands for Human Resource Information System. Here’s what you need to know first. Types Of HRIS Software.

Software 104

Software Human Resources Tactics System 104

Leading Blog

NOVEMBER 3, 2023

systems, air travel feels a bit more like a chore than like a treat. Even worse, functional processes — finance, human resources, sales, etc. This tragic example demonstrates how silos can have real-world consequences. system to delivering the product via logistics operations, to collecting the cash from customers.

Industry 267

Industry Stage-Gate Organization Company 267

Women on Business

SEPTEMBER 23, 2011

It isn’t entirely fair to heap all of the blame onto the CEO’s; there was another broken system at play, the Board of Directors. Take for example my LaserJet printer. If we take past behavior as the best predictor of risk, HP’s new CEO seems pretty risky. HP Has Historically Had an Ineffective Board. HP Has Decreasing Product Quality.

Hotels 150

Hotels Wireless CEO Long-term 150

Strategy Driven

OCTOBER 21, 2011

Twelve cases are written as narratives with multiple teaching points, but without a focus on a particular business decision; the remaining twenty-three cases were written around specific conundrums related to strategy, operations, finance, marketing, leadership, culture, human resources, organizational design, business model, and growth.

Learning-by-Doing 62

Learning-by-Doing Price Bottom-up Finance 62

Harvard Business Review

DECEMBER 23, 2016

As the talent ecosystem evolves to offer more options, talent systems have not kept pace. Typical systems are fragmented between disciplines like HR (which focuses on the internal, “permanent” workforce) and Procurement (which focuses on the external, “contingent” workforce), each with different and competing goals.

Strategy 8

Strategy Span of Control Finance How To 8

Harvard Business Review

JULY 30, 2014

Charan (intentionally or not) lambasts the entire HR profession (“It’s time to say good bye to the Department of Human Resources ” ). I advocate teaching the 60% what they can do to deliver value even in difficult circumstances (working with non-supportive leaders or in difficult markets, for example).

Charan 9

Charan Human Resources Leadership Pipeline Decentralization 9

Harvard Business Review

NOVEMBER 15, 2017

That’s why Alibaba and Amazon, for example, create and sprinkle autonomous cross-functional teams across their respective companies to invent and deliver products in new ways. At Amazon, for example, executives are required to “dive deep” as well as to “think big.”

Retail 9

Retail Chief Executive Officer Supply Chain Operations 9

Harvard Business Review

NOVEMBER 23, 2016

Census Bureau shows that these businesses were more likely than the average business to close permanently after Hurricane Katrina, for example. Young firms face many existential threats related to managing internal financial and human resources and external relationships with customers, suppliers, investors and competitors.

Insurance 8

Insurance Risk Management Finance Supply Chain 8

Harvard Business Review

FEBRUARY 15, 2012

Usually, if you search, there are opportunities in your current job and at your current level to display your ability to drive change, even if you are in a support function like finance or human resources. Is the annual planning and budgeting system overly time-consuming and out of sync with the pace of the business?

Innovation 15

Innovation Merchandising How To Proposal 15

Harvard Business Review

MARCH 1, 2016

For example, the French global energy player ENGIE recently tilted its primary dimension from product (such as power, services, and infrastructure) toward region in order to better serve its clients in the territories in which it operates. For example, the U.S. This can be achieved through hard-wiring or soft-wiring.

Organization 8

Organization P&L Report Finance 8

Harvard Business Review

APRIL 19, 2016

For example, printing products on demand would significantly reduce the U.S. Leaders of corporate strategic development need to analyze all of these considerations and be prepared for disruption to ripple through many functions — not just product development and manufacturing, but also finance, tax, legal, human resources, and IT.

Supply Chain 8

Supply Chain Execution Analysis Technology 8

Harvard Business Review

OCTOBER 11, 2018

The answer is yes, as we found in the example of Ascension , the largest nonprofit health system in the United States. In food and environmental support services alone, for example, $400 million a year was going to more than 100 different contracts. The question is: Could U.S. This is the power of purpose, a power that U.S.

Health Care 8

Health Care Insurance Cost Price 8

Harvard Business Review

OCTOBER 25, 2018

For example, HR can work with marketing for guidance on search engine optimization (SEO), a skill that can help HR improve its recruitment efforts. As such, HR can course-correct when necessary by revising or shifting its priorities among hiring, development, and performance-management systems.

Skills 11

Skills Survey Technology Strategic Planning 11

Harvard Business Review

OCTOBER 4, 2016

For example, Geraldo Rivera said in a Facebook post , “Like victims of sexual assault, those alleging harassment deserve the presumption of credibility.” For example, Megan, a woman we spoke to who works in finance, explained that after being harassed by a colleague, she went to HR and asked to move to a different position.

Report 10

Report Long-term Training Short-term 10

Harvard Business Review

MAY 26, 2016

While the production system requires more worker skill and effort, employers have incentives to retain these valuable workers through improved working conditions. For example, we found improved compliance in India, Malaysia, Thailand, and Vietnam, but no effects in China, the world’s largest exporter of apparel.

Lean Manufacturing 9

Lean Manufacturing Supply Chain Apparel Compliance 9

Harvard Business Review

AUGUST 16, 2013

Recent, well-documented examples include Progressive Insurance''s use of predictive modeling in the property and casualty insurance space and the many industrial manufacturing companies that are generating almost all their margin and profit from after-sale, value-added services based on information generated by embedded sensors.

Enterprise Architecture 8

Enterprise Architecture CIO Horizontal Integration Information Technology 8

Harvard Business Review

MARCH 30, 2017

In such a system, employers protect workers from many of the vagaries of market forces; they take a longer-term perspective on firm performance, and favor corporate strategies that necessitate a stable, well-trained, and loyal workforce. In the post–World War II era up to the late 1970s, employment systems in the U.S.

Marketing 8

Marketing Short-term Incentives Long-term 8

Harvard Business Review

DECEMBER 6, 2010

Today, the guild mentality persists within companies, where functions such as marketing, sales, finance, IT, human resources and R&D all have their own area of special expertise. Like a guild, each of these departments looks to become world-class at what it does.

Operations 13

Operations Competitive Advantage Supply Chain Retail 13

Harvard Business Review

FEBRUARY 10, 2015

We have found human capital issues are likely to be material in every sector. Not surprisingly, the particular aspects of managing human capital that are most important vary by sector. For example, recruitment, development, and retention is particularly important in the knowledge intensive health care sector.

Human Capital 8

Human Capital CFO Banking Report 8

Harvard Business Review

DECEMBER 21, 2011

My team would have people with deep functional knowledge and skills (strategy, sales, marketing, finance, and information technology) to align surrounding processes. What we find is that job design, hiring profiles, and business processes play a significant part in optimizing a work system," Coco said.

Six Sigma 14

Six Sigma Skills Team Compliance 14

Harvard Business Review

JULY 14, 2014

Sam Mead, co-founder of London-based start-up, Saberr, which specializes in workforce science, reiterates this problem with CVs – and by extension, the now ubiquitous application systems. They only show the eligibility but not the suitability of a candidate. So the better jobs tend to stay in the hands of those from wealthier backgrounds.

Diversity 9

Diversity Reputation Talent Management Human Resources 9

Harvard Business Review

MARCH 8, 2012

For example, the rate in Western Europe is 1.7, In addition, a steady supply of workers is vital for the fiscal integrity of social security and health care systems. But there is more to human capital than education and training. In the context of a not-yet-entirely-settled system of healthcare finance in the U.S.,

Health Care 10

Health Care Human Capital Education Insurance 10

Harvard Business Review

AUGUST 6, 2014

content (news, finance, weather) into two Chinese languages, and directory access to 20,000 web sites, an approach that the company had adopted elsewhere. We insisted that the local team follow Yahoo reporting, systems, and governance requirements. On the finance and deal side, we also felt a strong kinship with Tsai.

Chief Financial Officer 9

Chief Financial Officer Operations Learning-by-Doing IPO 9

Harvard Business Review

OCTOBER 25, 2017

Financing is managed through a collaboration between Geisinger Health and our health insurance company, Geisinger Health Plan (GHP). And finally, as human resource costs account for most of the initiative’s expenses, it’s critical that providers and staff practice at the highest level their skill allows.

Class 8

Class Insurance Cost Health Care 8

Harvard Business Review

APRIL 20, 2016

My favorite example was a Corporate Affairs team that had an ambitious agenda to work collaboratively to transform the perception of the organization among members of the public, the regulator, and three levels of government. I’ll use the example of a leadership team of a manufacturing plant to demonstrate the process.

Operations 8

Operations Short-term Supply Chain Objective 8

Harvard Business Review

AUGUST 5, 2014

Designing a consistently positive, rewarding experience across all those touchpoints takes system-wide thinking and an integrated service-delivery approach. The CMO also worked with the finance office and product managers to link pricing and benchmark data into the RFP process, which improved quality and response times.

P&L 9

P&L Banking Marketing Call Center 9

Harvard Business Review

AUGUST 8, 2014

A similar proposal to Split Finance would likely have been rejected out of hand by organization leaders (and Harvard Business Review editors), because its obvious that the Finance function must fit the organization strategy and leader capabilities. Human resources Leadership Talent management'

Charan 13

Charan Finance Human Resources Supply Chain 13

Harvard Business Review

JUNE 26, 2018

These products are all held up as legendary examples of the power of intrapreneurship — entrepreneurial creativity and innovation within large, established organizations. xefstock2/Getty Images. The Post-It note. Facebook’s “like” button. The Sony PlayStation.

Incubator 8

Incubator Innovation Strategic Planning Human Resources 8

Harvard Business Review

SEPTEMBER 12, 2011

Higher-ambition leaders are able to integrate multiple business disciplines (strategy, ethics, marketing, finance and so on) into a coherent, systemic approach for building a great company. For example, in finance courses students learn that profitability and return on assets is the measure of business success.

360-Degree Feedback 14

360-Degree Feedback Ethics Education Human Resources 14

Harvard Business Review

FEBRUARY 23, 2018

For example, so few computer and information systems managers existed in 1980 that data used here did not record this occupation. Other managerial occupations that became majority-female were education administration, human resources, property and real estate, and finance.

Management 9

Management Real Estate Human Resources Diversity 9

Harvard Business Review

MARCH 7, 2017

All of this indicates that Uber leaders prioritized immediately useful services like recruitment over, for example, legal compliance systems, audits, and leadership development. As Pete Ramstad and I note in Beyond HR , leaders often have far better developed frameworks for the value proposition of the finance function than for HR.

Compliance 10

Compliance Hedge Human Capital Finance 10

Harvard Business Review

JUNE 29, 2012

The most basic function of a financial system is to price money. Now, let me couch this for you in the human terms of political economy — the terms in which you and I should rightly conceive of an "economy" as the sum of the enduring human good; not merely as a set of pipes for the grease of finance to be injected into.

Price 13

Price Short-term Proposal System 13