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Wall Street banks opt for greater automation for grunt work to retain talent

HR Digest

An internal survey by Goldman Sachs junior employees detailing the crushing workload and the accompanying stress due to demanding bosses has led to some stocktaking about the working conditions in the industry and the high attrition rates. And that’s ripe for automation,” said Roy Choudhury, managing director at Boston Consulting Group.

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Could HR be the most data driven function?

HR Digest

If you analyze functions like finance, IT, and marketing you will find common drivers of success. A recent study by the Harvard Business Review group found that companies that companies that managed their workforce using data and analytics were able to improve their profit by as much as 65 percent. Talent Management.

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The Disconnect that Keeps Your Company from Performing at its Peak

Strategy Driven

Typically, Finance, Marketing, and Operations all have input, direct or indirect, on the creation and revision of the strategic plan. But that familiarity carries a steep cost: slow growth, missed targets, attrition, and unfulfilled potential. I call this obstacle The Disconnect. Sales often have no such contribution.

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Recommended Resource – The No Asshole Rule

Strategy Driven

We believe workplace hostility is a leading contributor of diminished moral, reduced productivity, and elevated attrition; all of which poison an organization’s culture and hurt its bottom line. Management and Leadership – Leadership Lessons from the United States Naval Academy: 3 Minute Rule.

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The Boomers are Leaving! – How to Create and Implement a Knowledge.

Strategy Driven

Despite the media coverage of Boomers and how a tidal wave of retirements could impact business, many senior managers are kicking the can down the road, putting off the job of creating a system and process for capturing knowledge. Manager can avoid this by taking some steps now to prepare for the day when key workers leave.

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The Boomers are Leaving! – How to Create and Implement a Knowledge.

Strategy Driven

Despite the media coverage of Boomers and how a tidal wave of retirements could impact business, many senior managers are kicking the can down the road, putting off the job of creating a system and process for capturing knowledge. Manager can avoid this by taking some steps now to prepare for the day when key workers leave.

How To 62
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Your Most Pressing Management Problem Right Now

Harvard Business Review

Managers' survival, he continued, in a conclusion that could have been written this morning, depends "on their foresight and their grasp not only of immediate trends and problems in particular organizations but of external technological, social, and political forces of revolutionary proportions.". What Makes a Leader? What Leaders Really Do.