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One person near the end partially hedged their opinion and said maybe we should give her another chance. Guest post by John Hunter , founder of curiouscat.com (in 1996). 25 years after this presentation, this is still true in my opinion. After we discussed her interview a bit I asked everyone whether we should hire her.
One person near the end partially hedged their opinion and said maybe we should give her another chance. Guest post by John Hunter , founder of curiouscat.com (in 1996). 25 years after this presentation, this is still true in my opinion. After we discussed her interview a bit I asked everyone whether we should hire her.
In an interview with The HR Digest, Michael Fraccaro, Chief HumanResources Officer at Mastercard, explains the importance of business resource groups and the vital role it plays to deliver real business results. I was at a conference recently and one of the speakers remarked that “Culture hedges against the risk of uncertainty.”
That is like setting up a finance organization to do exotic risk hedging before putting in place basic reporting and compliance. No board would allow a finance function to focus exclusively on investor reporting or risk hedging, but this type of mistake is all too common when it comes to HR.
Legendary bosses like Bill Sanders in real estate, Julian Robertson in hedge funds, and Bill Walsh in professional football all communicated visions that entranced employees and left them hell-bent on success. A 2013 Society for HumanResource Management survey of managers in the U.S. How to Be a Company That Employees Love.
They’re analogous to autonomous resources, as opposed to humanresources, departments. Their results should humble those who privilege human agency. Human leadership defers to demonstrable algorithmic power. That said, a culture of cocreation and collaboration becomes the only way to succeed.
Joel Podolny, former head of Apple’s humanresources, calls this tendency of our networks to evolve more slowly than our jobs “ network lag.” Most-senior hedge fund people and competitors. Assign these contacts into key categories: Most-senior clients. Most-senior people in your company. lawyers, accountants).
Examples of this phenomenon have emerged already: The world’s largest hedge fund is developing a capability for an algorithm to make hiring and firing decisions. Successfully implementing such a capability could dramatically affect headcount in humanresources functions, but also in other functions, such as sales.
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 humanresources as if maximizing the efficiency of financial capital were critical to growth of social welfare.
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