HR Digest

MAY 4, 2024

The gig economy, marked by independent contractors and freelance gigs, is reshaping employment landscapes, driven by technological advancements, flexible work preferences, and economic factors. The transient nature of gig work can lead to a lack of camaraderie and alignment with company values, complicating collaboration and communication.

Strategy 52

Strategy Compliance Management Policies 52

The Center For Leadership Studies

JUNE 27, 2023

The transformation happened when the demand for employees began to span continents and the job market was molded by technology, information and competition. The process emerged when organizations shifted from using labels like “applicant,” “employee” or “laborer” for talent.

Talent Management 52

Talent Management Management Short-term Situational Leadership 52

Harvard Business Review

MARCH 5, 2024

Strategic inefficiencies play a surprising role in the success of technology acquisitions. The study concludes that these short-term inefficiencies can lead to more effective long-term corporate growth, challenging the traditional focus on efficiency and redundancy reduction in corporate mergers and acquisitions.

Short-term 17

Short-term Long-term Incentives Efficiency 17

The Horizons Tracker

OCTOBER 13, 2020

The risk is that when faced with the intense pressure an external shock, such as a recession, places upon managers, they can be tempted to take short cuts, reduce costs to the bone, and fundamentally break these implicit contracts, both through reducing pay and benefits, but also shortchanging employees in a variety of ways.

Short-term 114

Short-term Long-term Survey Leadership Styles 114

N2Growth Blog

JULY 7, 2019

Scott expected nothing short of full cooperation from Susan and her team. She tells the team that they are among the best at NIH, that the initiative is extremely important and she knows that they will give nothing short of their full cooperation. In terms of buy-in from Susan’s team, ACME failed miserably.

Resistance 304

Resistance Consultative P&L Cooper 304

The Horizons Tracker

APRIL 20, 2021

The pandemic has obviously wrought huge disruption to the labor market, both in terms of the jobs that are available and the skills required to fulfil them. The report reveals that while the UK does reasonably well in terms of training participation rates, the duration of these courses tends to be shorter than in other countries.

Training 84

Training Participative Skills Short-term 84

HR Digest

APRIL 15, 2021

The talent pool has expanded, and geography and different time zones are no barriers with the type of technology now available. . This has been proved to be a short-term solution to push up the performance of the company. Skilled workers, when applying for jobs, look for companies that offer such flexibility of operations. .

Short-term 97

Short-term Long-term Stress Motivation 97

Leading Blog

FEBRUARY 19, 2014

Perhaps two of the biggest barriers today to establishing and perpetuating an enduring corporate culture are: excessive CEO and executive compensation packages, reflective of greed and a short-term mindset; and. They can pose major challenges for today’s managers, especially if those managers are part of a different generation.

Decentralization 284

Decentralization Organizational Behavior Short-term Public Relations 284

Harvard Business Review

JULY 15, 2016

The number of short-term assignments in companies has been increasing, and the trend is expected to continue. Within large corporations, secondments , short-term transfers, and functional or geographic management rotation programs often thrust full-time employees into short-term jobs. Set short-term goals.

Short-term 8

Short-term Long-term Mentor Ryan 8

Tanveer Naseer

DECEMBER 18, 2012

It was one of the main conclusions of his 1946 book, Concept of the Corporation which departed radically from the previous focus on efficiency resulting from technology to reduce worker cost. However, in the same book and only a few short sentences later, he concluded that “Leadership cannot be taught or learned.”

Drucker 279

Drucker Marketing Leadership Short-term 279

Harvard Business Review

MAY 6, 2016

To hear long-term investors tell it, company executives have embraced short-term thinking like never before. Two obvious pieces of evidence: The use of earnings for share buybacks that cost more than they’re worth, and dividend increases that divert cash from long-term investment.

Long-term 8

Long-term Incentives Short-term Management 8

Strategy Driven

JANUARY 3, 2020

To take the skills you’ve spent decades honing and go into business with yourself, taking on the industry on your own terms and shattering the ceiling that your current job places over your pay and prospects? There are even new tools hitting the market that already have IoT technology built in. That is, after all, the dream isn’t it?

Reputation 66

Reputation Construction Industry Short-term 66

Harvard Business Review

MARCH 23, 2017

In a recent study conducted in a California hospital, I found that that the type of incentive matters. Communication about the initiative made it very clear that this was a one-time incentive. That is, while monetary incentives generated a more pronounced improvement, it was short lived.

Incentives 10

Incentives Compliance Health Care Report 10

Harvard Business Review

JULY 11, 2011

less salary and more incentive pay in the form of commissions or bonuses) is not necessarily a bad idea. What is troubling about the vast majority of sales force incentives, however, is that they are tied to short-term, individual, results-focused metrics (e.g. Having a highly leveraged pay plan (i.e.

Incentives 13

Incentives Short-term Long-term Automotive 13

Sales Wolf Blog

MAY 2, 2010

Ann Bares, Compensation Force : Using Long Term Incentives to Retain Top Sales Performers - The world of sales is often one of short term perspectives.    Not surprisingly, compensation plans for sales reps encourage and reward short term performance.  Given

Blog 100

Blog Human Resources Talent Management Short-term 100

Harvard Business Review

NOVEMBER 14, 2016

Digital therapeutics are technology-based solutions that have a clinical impact on disease comparable to that of a drug. They primarily use consumer-grade technology such as mobile devices, wearable sensors, big data analytics, and behavioral science and can be delivered through web browsers, apps, or in conjunction with medical devices.

Health Care 8

Health Care Cost Technology Peer Review 8

Harvard Business Review

SEPTEMBER 14, 2017

Pay mix – the ratio of fixed pay (base salary) to variable pay (incentive or at-risk pay) – is commonly used to gauge the extent to which a sales compensation plan motivates salespeople to drive current results. a high second number) motivates salespeople to drive short-term results.

Motivation 8

Motivation Incentives Franchising Short-term 8

Harvard Business Review

JANUARY 27, 2016

Much fanfare has been paid to the term “disruptive innovation” over the past few years. Christensen has even re-entered the fold clarifying what he means when he uses the term. And over the long term, each of these short-term decisions could lead to failure. Professor Clayton M.

Disruptive Innovation 8

Disruptive Innovation Innovation Short-term Long-term 8

Harvard Business Review

SEPTEMBER 22, 2017

The supermarket and grocery business is likely to suffer strong headwinds in the future, due to long-term shifts in consumer behavior. Although many people don’t realize it yet, grocery shopping and cooking are in a long-term decline. This FDA-approved technology creates multiple benefits.

Industry 15

Industry Supply Chain Long-term Outsourcing 15

Harvard Business Review

APRIL 2, 2018

We invest billions of dollars each year in medicines, new technologies, doctors, and hospitals—all with the goal of improving health, arguably our most prized commodity. So reducing investments in low-value care services means spending less on doctors, hospitals, and other health care technologies. rawpixel/Getty Images.

Health Care 8

Health Care Insurance Pharmaceuticals Incentives 8

Michael Lee Stallard

JUNE 23, 2010

To Boost Organizational Performance, Connect with the Core Michael Lee Stallard and Jason Pankau It is essential to every organization’s long-term success that employees align their behavior with organizational goals and give their best efforts. These issues are referred to as strategic alignment and employee engagement.

Long-term 207

Long-term Consensus Class Follow-up 207

Harvard Business Review

OCTOBER 17, 2018

But how will AI impact the economy in broad terms? New research from the McKinsey Global Institute simulates the potential global macroeconomic impact of five powerful technologies (computer vision, natural language, virtual assistants, robotic process automation, and advanced machine learning). A faster pace of adoption.

GDP 8

GDP McKinsey Long-term Technology 8

Harvard Business Review

MARCH 30, 2017

Companies can be divided into two types , in terms of how they approach hiring and compensation: organizational oriented and market oriented. The shorter-term orientation discourages employers from bearing risks on behalf of their workers and encourages them to use employment practices that lower direct costs and increase flexibility.

Marketing 8

Marketing Short-term Incentives Long-term 8

Harvard Business Review

FEBRUARY 23, 2016

And yet from a review of the research on incentives and motivation, it is wholly unclear why such a large proportion of these executives’ compensation packages would need to be variable. The goal of most executive incentive plans is to focus leaders on hitting goals and achieving outcomes. Fixating on performance can weaken it.

Execution 8

Execution Incentives Short-term Long-term 8

Harvard Business Review

SEPTEMBER 28, 2015

Historically, schizophrenia was treated with severe methods, including electroconvulsive therapy — which, while effective in the short run, showed little long-term benefit. These approaches unambiguously reduce short-run spending. Short-termism is not restricted to drugs; it pervades all of health care.

Health Care 8

Health Care Short-term Insurance Long-term 8

Harvard Business Review

DECEMBER 19, 2012

At the same time, companies "pull" salespeople by setting goals and providing incentives and recognition for success. By attaching a reward to outcomes ‘ for example, a bonus for goal achievement, or an incentive trip for performing in the top 10% of the sales force ‘ salespeople are "pulled" to accomplish those outcomes.

Power 15

Power Management Incentives Short-term 15

Harvard Business Review

JANUARY 24, 2012

The situation improved recently with the accounting recognition of a stock option expense, which clarified to directors that options are not costless, and with the general lengthening of the options' vesting period (incenting long-term orientation). enhance long term growth and at the same time meet quarterly expectations.

Short-term 12

Short-term Long-term Parcell Incentives 12

Harvard Business Review

NOVEMBER 23, 2016

Harnessing the power of machine learning and other technologies. As workforces hollow out, the remaining employees will be highly specialized and experienced business/technology hybrids—a new breed of professional who can work in highly distributed environments and shift from managing people to managing experiences and technology.

Early Adopters 8

Early Adopters Short-term Long-term Compliance 8

Harvard Business Review

DECEMBER 23, 2013

Overcoming “short-term-ism”. One major blind spot for marketers to be aware of is “short-term-ism” that most analytics engender. The reality is that the majority of marketing activities have both a short- and long-term impact on sales. One consumer food brand almost fell into this short-term trap.

Marketing 9

Marketing NPV Short-term Net Present Value 9

Harvard Business Review

SEPTEMBER 5, 2016

Severn Trent Water, among other UK water companies, has agreed to “outcomes-delivery incentives” with the regulator Ofwat that results in rewards and penalties if it meets or fails to meet, respectively, performance commitments. There are management tools and incentives in place to encourage a focus on results and the end goals.

Incentives 8

Incentives Health Care Education Insurance 8

Harvard Business Review

OCTOBER 5, 2012

CEOs of large companies face a conundrum: they are confronted with a growing number of frugal consumers clamoring for affordable solutions, yet their existing corporate culture and incentive systems are designed to support a "bigger is better" business model — not to deliver more with less.

CEO 15

CEO Innovation Restructuring Incentives 15

Harvard Business Review

AUGUST 21, 2018

Yet, time and again, they have struggled to innovate with new and disruptive technologies. Clayton Christensen and others argue that an incumbent’s failure has little to do with the newness or complexity of the technology. In theory, investor incentives align with what is good for the firm. for BMW versus -2.7B

Innovation 8

Innovation Company Marketing Christensen 8

Harvard Business Review

OCTOBER 10, 2018

With the help of artificial intelligence technologies and machine learning algorithms, it is becoming possible to recommend not only medications, but also targeted behavioral interventions. Typical behavioral interventions like gamification and social incentives are explored with patients. This short-term success is worth celebrating.

Health Care 8

Health Care Incentives Motivation Short-term 8

N2Growth Blog

AUGUST 5, 2010

Do you ever wonder how the term “Politically Correct&# evolved from an obscure catch-phrase that was once used to label those who would not take a controversial position to the dominant mind-set of the day in our society? The first step in solving the problem is to deal in whole truths, not untruths or partial truths.

Politics 375

Politics Blog Leadership Diversity 375

Harvard Business Review

FEBRUARY 3, 2017

A half-century later, technology has advanced at breakneck speed. Today there is concerned debate about the impact of technology on the economy and especially on the future of work. We found that half of the activities people are paid to do in the global economy have the potential to be automated using current technology.

CEO 8

CEO Technology Policies Globalization 8

Harvard Business Review

DECEMBER 19, 2016

When confronted with disruptive technologies, many companies fail to align digital strategies with their core strategies. On the other hand, a highly differentiated offering is no longer a guarantee of long-term value creation. Insight Center. The 21st-Century CEO. Sponsored by Cognizant. Leadership is changing — fast.

CEO 8

CEO Supply Chain Disruptive Innovation P&L 8

Harvard Business Review

NOVEMBER 13, 2012

Incentives : motivate high levels of the right sales activity. start screening candidates on technology skills). start screening candidates on technology skills). performance management, data and tools, incentives, training and coaching) to keep sales activity aligned within the new sales model.

Market Segmentation 15

Market Segmentation Incentives Short-term Tools 15