HR Digest

MAY 4, 2024

Image: Pexels Challenges in Developing HR Policies for Managing Gig Workers The gig economy has necessitated a significant shift in how HR policies are crafted, posing several challenges for HR professionals. Essential HR Policies for Managing a Gig Workforce Deconstructing job roles within the organization is crucial.

Strategy 52

Strategy Compliance Management Policies 52

Experience to Lead

FEBRUARY 27, 2023

While Artificial Intelligence (AI) has existed for over 60 years, recent exponential developments have transformed this technology into a central part of daily life. If organizations don’t learn to address AI’s ethical deficits, they may cause irreparable damage to people’s lives.

Ethics 52

Ethics Diversity How To Document 52

HR Digest

OCTOBER 17, 2020

Most organizations don’t have a playbook to pull through the ongoing public health crisis. During this time of disruption, governments, societies, and organizations around the world are navigating with great caution, care, and agility. Before COVID-19, many organizations could effortlessly retain and reward their people.

Short-term 59

Short-term Committee Incentives Long-term 59

Leading Blog

DECEMBER 13, 2019

L EADERSHIP development is a lifelong process. The Good Fight : Use Productive Conflict to Get Your Team and Organization Back on Track by Liane Davey (Page Two, 2019) Liane Davey shows you how to create the productive conflict your organization needs to get along and get stuff done. Blog Post ). Blog Post ).

Books 236

Books Leadership P&L Learning-by-Doing 236

HR Digest

OCTOBER 17, 2020

Most organizations don’t have a playbook to pull through the ongoing public health crisis. During this time of disruption, governments, societies, and organizations around the world are navigating with great caution, care, and agility. Before COVID-19, many organizations could effortlessly retain and reward their people.

Short-term 52

Short-term Committee Incentives Long-term 52

HR Digest

MARCH 9, 2020

“In simple terms, we presented employees with situations that ask them to make judgments—often using ambiguous and incomplete information, to best simulate the real-life conditions of decision making,” said Dr. Ian Stewart, Executive Director Learning and Design at to Kaplan Leadership & Professional Development.

Team 69

Team Kaplan Attrition Survey 69

Mike Cardus

APRIL 14, 2011

The assumption that people need to be motivated by incentive bonuses to produce more. The notion that some types of roles (sales, research, finance, etc.) Want to improve your people systems and develop a managerial leadership culture that employees point to as the reason for loving their work and the organization?

System 157

System Commitment Motivation Incentives 157

Strategy Driven

NOVEMBER 6, 2015

Development of technical abilities, specialties and expertise. Development of core business supplier relationships. Objective analysis of how the organization has operated to date. Strategic Plan includes provisions for refinancing, equity and debt financing. Finance charges are negotiated. Business development.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Women on Business

JANUARY 3, 2011

If possible, provide some financial incentive like a small hourly rate or commission for work well-done. I have used www.internhere.com to post my request. I have also heard good things about www.internship.com. About the Author Abby Marks Beale is the founder of The Corporate Educator.

Press Release 160

Press Release Parcell Discount PR 160

Harvard Business Review

JANUARY 19, 2018

We are now in the era of “do-it-yourself” career development. During my 11 years at PepsiCo, mostly during the 1990s, “personal development” was treated as a major company initiative. Developing expertise in a nascent area of growing importance can lead to promotions and other career opportunities.

Career 15

Career Development Company Supply Chain 15

Harvard Business Review

FEBRUARY 2, 2012

Banks have developed fortress balance sheets, improving credit quality by 54 percent, increasing net income and, restoring aggregate lending to pre-crisis levels of nearly $7 trillion. Savings and insurance institutions were usually organized as mutuals. All mutual funds are legally organized along these lines.

Finance 14

Finance Motivation White Paper Banking 14

Harvard Business Review

FEBRUARY 2, 2016

It’s tempting to think of distinctive capabilities as a kind of artistry performed by an elite corps of high-potential talent: the elite players work long hours and deliver unusual results, while the rest of the organization struggles along in its usual incoherent fashion. The functional model of organization dates back to the 1850s.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

NOVEMBER 7, 2018

More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). Less noticed, though, is ICOs appear almost antithetical to the standard approach to financing a risky venture. In fact, ICOs have upended the conventional pattern of staged experimentation and fundraising.

Cost 8

Cost Decentralization Finance Entrepreneur 8

Harvard Business Review

NOVEMBER 20, 2015

Some companies could get a jumpstart in their industry in organizing partnerships and even positioning themselves as leaders in sustainable development using the goals as a branding anchor. Realizing the Sustainable Development Goals will improve the environment for doing business and building markets. The case is clear.

Goal 8

Goal Supply Chain Development Globalization 8

Strategy Driven

OCTOBER 3, 2013

Developing a culture of caring within your organization to engage your employees is vital to the strategy to drive success to your business. While management focuses on control, organization, and supervision, leadership is the ability to inspire, motivate, and influence to empower others to create organizational success.

Motivation 58

Motivation Environment Servant Leader Competitive Advantage 58

Harvard Business Review

APRIL 2, 2018

But, like pharmaceuticals, each of these entities is represented by powerful lobbyists (such as physician and hospital organizations), who will strongly oppose any steps to reduce payments. In the last half decade, however, several new HCV treatments have been developed with cure rates exceeding 90%.

Health Care 8

Health Care Insurance Pharmaceuticals Incentives 8

N2Growth Blog

NOVEMBER 23, 2010

Case in point is Wal-Mart CEO, Lee Scott, who is so concerned with diversity mandates that Wal-Mart officers are held financially accountable by tying officer incentive bonuses to achieving diversity goals. This is a leadership issue in which diversity, and the awareness of it, will play a key role in the development of future leaders.

Diversity 350

Diversity Blog Leadership Learning-by-Doing 350

Harvard Business Review

DECEMBER 11, 2013

The proliferation of C-suite roles is an indication of the increasing strategic and operational complexity organizations face. Thomas Redman wrote in October about the increasing value of a CDO and how to know whether such a role might be good for your organization. One of the newest additions to the C-Suite is the Chief Data Officer.

Incentives 8

Incentives Chief Information Officer Business Intelligence Execution 8

N2Growth Blog

AUGUST 5, 2010

In the end, leadership that adopts politically correct behavior and thinking places themselves and their organizations at great peril. When anyone subordinates the organization's vision for individual comfort, failure is inevitable. You cannot be an effective leader subordinating right thinking to popular thinking.

Politics 375

Politics Blog Leadership Diversity 375

Harvard Business Review

OCTOBER 31, 2016

If you could hire only one more person for your organization this year, where would you make that hire? Understanding where those skills overlap and diverge is essential for executives looking to cultivate the next generation of channel management talent within their organizations. Laura Schneider for HBR. Somewhere else?

Marketing 8

Marketing Channel Management Incentives Survey 8

Harvard Business Review

DECEMBER 5, 2017

Several trends should be disturbing to hospital administrators, including the development of free standing, low-cost “neighborhood” hospitals. Developed by the Johns Hopkins schools of medicine and public health, Hospital at Home has been tested in multiple markets throughout the United States and is working.

Health Care 8

Health Care Insurance Incentives Venture Funding 8

Harvard Business Review

JUNE 18, 2015

In particular, we are interested in how many of their responses correlate with what academic finance knows and what it teaches. In financial engineering, PE investors provide strong equity incentives to the management teams of their portfolio companies. Do PE investors do what the academy says are “best practices?”

CAPM 8

CAPM Discounted Cash Flow Company Rate of Return 8

Harvard Business Review

DECEMBER 29, 2014

•Administer quarterly sales incentive compensation plans and the goal setting process. The job requires knowledge of a range of sales force decision areas, spanning across categories that include strategy, organization design, talent management, incentive compensation, and sales force automation.

Offshoring 10

Offshoring Outsourcing Analysis Incentives 10

Harvard Business Review

SEPTEMBER 5, 2016

The concept is fairly straightforward: The parties define the result up front, agree on a baseline, work out how confident the organization is in delivering the result, and then specify the expectation and payment in the contract. Samuel Castro. Paying for results is in vogue. Consider these examples: Education. When PbR Doesn’t Work.

Incentives 8

Incentives Health Care Education Insurance 8

Harvard Business Review

FEBRUARY 2, 2012

The controversial action — Britain's Institute of Directors warned of " anti-business hysteria " while Prime Minister David Cameron declared it "the right decision" — invites exactly the sort of "best practice" debate serious business leaders should have about honest compensation and perverse incentives.

Incentives 15

Incentives Committee Banking Long-term 15

Harvard Business Review

MAY 15, 2013

While there is universal agreement that (1) it exists, and (2) that it plays a crucial role in shaping behavior in organizations, there is little consensus on what organizational culture actually is, never mind how it influences behavior and whether it is something leaders can change. Culture is powerfully shaped by incentives.

Incentives 8

Incentives Definition Pharmaceuticals System 8

Harvard Business Review

JANUARY 16, 2017

When an organization fails because of executive malfeasance, it generates a lot of attention. It’s much more common, though less talked about, for organizations to fail because of ungoverned incompetence. Boards that focus on problem-finding put their organizations on safer footing.

Company 8

Company CEO Finance System 8

Harvard Business Review

MAY 26, 2016

Producers in less-developed countries compete by keeping costs low. Over the last thirty years, the lean approach — developed by Japanese automakers — has permeated the manufacturing sector in developed countries, but is much less commonly used in the developing world. Locke of Brown University.

Lean Manufacturing 10

Lean Manufacturing Supply Chain Apparel Compliance 10

Harvard Business Review

MARCH 1, 2016

I also provide a review of the research literature on the effectiveness of accelerators to achieve their stated aims, some best practices for accelerator programs, and some figures on the size, scope, and impact of these organizations in the United States. Sponsored by Northern Trust. Set your company up for success.

Venture Capitalist 8

Venture Capitalist Incubator Finance Learning-by-Doing 8

Harvard Business Review

MAY 15, 2013

We aren''t "climate change deniers" and we believe that every individual and organization should use energy and other natural resources responsibly. These tradeoffs can be particularly consequential in large financial institutions, such as huge employee incentives for financial performance combined with poor risk management practices.

Banking 8

Banking Licensing Finance Insurance 8

Harvard Business Review

JUNE 8, 2018

Digital companies, however, consider scientists’ and software workers’ and product development teams’ time to be the company’s most valuable resource. This notion, that risk is a desirable feature, can seem like sacrilege to anyone who’s taken an introductory finance course.

Report 8

Report GAAP Net Present Value CFO 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. This has led to arguments that executive compensation needs to be organized differently so that the variable component motivates the right behaviors.

Execution 8

Execution Incentives Short-term Long-term 8

Harvard Business Review

SEPTEMBER 22, 2011

More and more companies are tying incentive pay to customer metrics. The payoff from linking incentives to customer feedback can be significant. I recently ran into a company that based incentives on scores determined from as few as 11 respondents. Your CFO and finance team can take a leadership role here. Don't do that!

Incentives 11

Incentives Sample Customer Loyalty Metrics 11

Harvard Business Review

DECEMBER 21, 2011

Your R&D group develops a unique new product. Finance puts the systems in place to track the money coming in. The company holds us accountable for revenues and expects us to develop and maintain the connections to drive sales. Manufacturing produces it. Marketing designs the promotional campaign. Some ways to do this include: 1.Multiplexing

Company 15

Company Market Penetration Long-term Short-term 15

Harvard Business Review

DECEMBER 21, 2011

If you picked a dream team to improve the way your organization does business, who would be on it? My team would have people with deep functional knowledge and skills (strategy, sales, marketing, finance, and information technology) to align surrounding processes. I know who would be on my team. These are "people skills.".

Six Sigma 15

Six Sigma Skills Team Compliance 15

Harvard Business Review

JULY 6, 2016

.” We would do well to begin fashioning our own blueprint aimed at this end, starting with common sense steps focused on the development of multigenerational ties.

Film 11

Film Mentor Education Fashion 11

Harvard Business Review

FEBRUARY 23, 2018

” You aren’t alone; while most organizations talk the talk of sustainability — doing things like integrating environmental and societal concerns into their business models — very few walk the walk. TOSHINORI TARUI/Getty Images. have any s ystematic sustainability oversight at the board level.

Incubator 10

Incubator How To Real Estate Business Model 10