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

HR Digest

"Unleashing Collective Genius" As globalization takes a sharp turn from government to business, the issue of global talent mobility rapidly moves up the agenda. I was at a conference recently and one of the speakers remarked that “Culture hedges against the risk of uncertainty.” There are no short-cuts in management.

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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. Therefore: who needs new technology more than the poor?

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