Great Companies Obsess Over Productivity, Not Efficiency

Harvard Business

Business leaders often think of “efficiency” and “productivity” as synonyms, two sides of the same coin. When it comes to strategy, however, efficiency and productivity are very different. This view differs substantially from the relentless focus on efficiency that has characterized management thinking for most of the last three decades, but it is absolutely essential if companies are going to spur innovation and reignite profitable growth.

Talent Management: A Checklist for Onboarding New Talent

LSA Global

If you are in charge of talent management , it is important to do it right. Smart talent managers use a highly experiential learning approach combined with a robust knowledge management system to effectively and efficiently share the basics.

The Secret to Winning Top Talent in a Tight Market

Joellyn Sargent

From efficiency and innovation to customer experience and brand equity, employees have the power to help a company sink or soar. It’s up to you to cultivate the kind of culture that attracts top talent instead of repelling it.

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How to Engage Top Talent – What Keeps Your Star Employees Engaged?

LSA Global

How to engage top talent is an ongoing conversation among talent management leaders; and it can make or break your talent management strategy. The Cost of Losing Top Talent. How to Engage Top Talent So Star Employees Thrive.

The Secret to Winning Top Talent in a Tight Market

Joellyn Sargent

From efficiency and innovation to customer experience and brand equity, employees have the power to help a company sink or soar. It’s up to you to cultivate the kind of culture that attracts top talent instead of repelling it.

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The Barriers to Recruiting and Employing Digital Talent

Harvard Business

Finding digital talent is one of the biggest challenges facing companies today. In our work with a dozen industrial firms in Germany and Scandinavia, we’ve studied how they try to increase the digital skills of their workforces — from creating accelerators to training internal talent — and we’ve observed how some of these common strategies present their own difficulties. Another common strategy we’ve seen is firms rushing to train internal talent.

Training Events versus Learning Solutions

LSA Global

Training Events typically strive to improve the awareness and insight of specific skills and knowledge to satisfy the fundamental compliance, health and hygiene learning needs required to attract, develop, engage and retain talent. Blog Talent Development Talent Management Training Strategy

Is More Effective Training the Answer?

LSA Global

Blog Attract Top Talent Differentiated Talent Employee RetentionMore Effective Training Creates More Effective Performance. Recently there has been a spotlight on Capitol Hill over TSA’s abysmal record at spotting weapons as they pass through airport security.

How to Learn New Skills Faster

LSA Global

If you are responsible for talent management and development, doesn’t it make sense to build new skills as efficiently and effectively as possible? Blog Talent Development Training MeasurementLearn New Skills Faster|.

Does the global business services model still matter?

McKinsey

Yes, but for these centralized groups to succeed in a digital era, leaders must focus on agility, customer service, and talent development, in addition to cost reduction and process efficiency. Our Insights

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4 Factors that Distinguish the Top Solution Sellers

LSA Global

The most efficient and effective sellers know how to off-load tasks that do not capitalize on their core skills. Blog Differentiated Talent Sales Performance solution sellingSolution selling training emphasizes using your time wisely. But that’s such a general piece of advice!

Bring in Outside Experts to Mentor Your Team

Harvard Business

We call this subset of freelancers who do strategic work in companies or nonprofit organizations agile talent. By providing temporary support, they make it possible for organizations to resource their critical activities more cost efficiently. Many of the benefits of agile talent have been widely reported. And, it turns out, agile talent in stages 3 and 4 is often eager to provide coaching and mentorship to junior professionals working with them.

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How Learning and Development Are Becoming More Agile

Harvard Business

Our research at the Agile Talent Collaborative reinforces findings from Accenture and other consulting and research firms: the use of freelancers — or agile talents as we call them — is growing, and for reasons that go well beyond cost efficiency. According to executives surveyed by the Collaborative, access to difficult-to-find technical or functional expertise, speed, flexibility, and innovation are the top five drivers of using talent outside your organization.

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How the Best Global Employers Convince Workers to Join and Stay

Harvard Business

Companies spend a lot of time and money building strong brands to win over customers—but they often fall short when it comes to strengthening their employer reputation to win talent. If companies can’t attract, engage, and retain the right talent, they’re unlikely to achieve their business objectives. Four areas stood out as important for companies to focus on: Targeting the right talent. Only 13% claimed they use personas to inform their talent strategy.

HR Must Make People Analytics More User-Friendly

Harvard Business

Recently, my colleague Wayne Cascio and I took up the question of why HR analytics progress has been so slow despite many decades of research and practical tool building, an exponential increase in available HR data, and consistent evidence that improved HR and talent management leads to stronger organizational performance. Articulate the connections between talent and strategic success, as well as the principles and conditions that predict individual and organizational behaviors.

Why Do We Spend So Much Developing Senior Leaders and So Little Training New Managers?

Harvard Business

I know talent development budgets are perpetually tight, but we can’t afford to overlook the junior managers who would most benefit from management knowledge. Developing employees Leadership transitions Talent management Leadership development Digital Article

Quote Your Consulting Billing Rate with Confidence

Successful Independent Consulting

There are other ways to bill for your talent and expertise but those will be covered in another article. A seasoned practitioner will be more effective and efficient and will therefore be a better “buy.” ID 46944176 © Dundja | Dreamstime.

We’re Facing Disruption, Too

Women in Consulting

A profusion of talent. In parallel, talent marketplaces have arrived to give our clients even more options for getting projects done. The good news: a huge and incredibly capable talent pool to draw from in fulfilling our own engagements.

There Are Two Types of Performance — but Most Organizations Only Focus on One

Harvard Business

A great salesperson will operate much more efficiently with a defined process for reaching out to prospects. Where you need tactical, ask if you’ve created the tools, checklists, and process flows that help you operate as efficiently as possible, freeing up some of your people’s time to focus on being adaptive and improving their work. Assessing performance Talent management Transparency Digital ArticleIn 2007 Harvard Business School professor Ethan S.

Prepare Your Workforce for the Automation Age

Harvard Business

But the most automated carmakers are not necessarily the most efficient. Thus, it is as important to get long-term organizational change underway as it is to rapidly exploit near-term efficiency. Blueprint the broader impact on roles, skills, controls, leadership, workforce and talent management, and social contracts. Information & technology Analytics Downsizing Talent management Digital ArticleThe internet has dramatically changed the way companies operate.

Automation Will Make Us Rethink What a “Job” Really Is

Harvard Business

Which jobs should remain within the company, and which should be accessed via talent platforms, or perhaps shared with peers, or even competitors? This myth of a consistent relationship between job performance and value across all jobs within a company has since been debunked, most recently in Transformative HR , which illustrates the variance in roles where great talent makes a difference and where good enough suffices.

Companies Are Bad at Identifying High-Potential Employees

Harvard Business

To help these employees prepare for leadership roles in a thoughtful, efficient manner, companies often institute formal high-potential (HIPO) programs. Talent management Digital ArticleA high-potential employee is usually in the top 5% of employees in an organization. These people are thought to be the organization’s most capable, most motivated, and most likely to ascend to positions of responsibility and power.

When Generalists Are Better Than Specialists, and Vice Versa

Harvard Business

Another is the ability to efficiently build on progress in your field and seize opportunities emerging at the frontier, which may be particularly valuable when things are progressing quickly. Creativity Productivity Talent management Digital ArticleHBR STAFF/wragg/Getty Images. What’s the best way to boost creativity on your team? There’s really no simple answer. Even the research is split on the best approach to take.

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The 3 Essential Jobs That Most Retention Programs Ignore

Harvard Business

But over and over again in our three decades of experience as talent development and retention specialists, we’ve seen that companies consistently overlook half of them. These are jobs in R&D, technology, and other areas vital to a firm’s strategic direction, product development, and process efficiency. But by ignoring other key roles — the roles that drive competitive advantage — you may be letting valuable talent slip through your fingers.

The H-1B Visa Debate, Explained

Harvard Business

Being able to recruit globally is supposed to help tech powerhouses like Facebook and Amazon find the talent they need. This difference in pay gets at one of the main criticisms of the H-1B program: Rather than bringing the world’s “best and brightest” talent into the country to work alongside Americans, the system appears to be bringing in cheaper foreign labor that can hurt American workers’ employment and income prospects.

Keep Employees from Leaving by Emphasizing Teamwork

Harvard Business

It seems obvious that such limited commitment will dramatically hurt organizational performance: A major meta-analysis of studies involving more than 51,000 corporate workers from Nathan Podsakoff from The University of Arizona has demonstrated how committed and collaborative attitudes reduce costs while increasing productivity, efficiency, and customer satisfaction. Motivating people Managing people Talent management Digital Article

You Don’t Have to Be a Data Scientist to Fill This Must-Have Analytics Role

Harvard Business

They help ensure that organizations achieve real impact from their analytics initiatives (which has the added benefit of keeping data scientists fulfilled and more likely to stay on, easing executives’ stress over sourcing that talent). Translator role: Ensures the solution solves the business problem in the most efficient and interpretable form for business users. Analytics Talent management Developing employees Digital ArticleArtur Debat/Getty Images.

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What We Learned from Improving Diversity Rates at Pinterest

Harvard Business

By the end of that year, we had hit or exceeded most of our goals , improving hiring rates of underrepresented engineers from 1 to 9% and increasing underrepresented talent from 7% to 12% in other roles. While I continue to manage different perceptions about these changes, I’ve found that being explicit about diversity makes employees keenly aware of underrepresented talent we haven’t taken the opportunity to connect with. Juan Díaz-Faes for HBR.

How the Best CEOs Differ from Average Ones

Harvard Business

” We don’t advocate decisions and actions that are overly spontaneous or impulsive, but we do value efficiency and speed in analyses and when acting on strategy. Leadership development Talent management Digital ArticleWe all know the stereotypes: Great CEOs are extroverted. They’re self-promoting. They’re risk takers. But are these stereotypes true? Which traits actually differentiate CEOs from other executives?

It’s No Longer All About Me

Women in Consulting

Value proposition: Talent, Expertise and Methodologies to drive scale beyond the sale. Step 2 – Talent: We have a big, audacious goal. We can’t go cheap or take risks on the talent. :: Scale is not safe and contained. It’s worth it, but it’s also scary.

Executives on Demand: What are part-time CEOs and why does every business need one?

SkillQuo

Modern businesses follow the talent and many talented individuals are embracing their independence from companies, going off the books and onto their own as freelancers. Today, technology has made it easier to access executive talent and even contract with them remotely.

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It’s No Longer All About Me

Women in Consulting

Value proposition: Talent, Expertise and Methodologies to drive scale beyond the sale. Step 2 – Talent: We have a big, audacious goal. We can’t go cheap or take risks on the talent. :: Scale is not safe and contained. It’s worth it, but it’s also scary.

‘Uberization’ of consulting: A major disruption or merely hype?

Tom Spencer

UBER and Air-BNB are the companies who have perfected this model and have radically democratized the taxi and hotel industries, tapping into un-utilized excess capacities and ultimately making the economic system more efficient. The ‘UBER’ fever has caught North America.

How to Turn Today’s Proposal Failure into Tomorrow’s Consulting Success with JT Badiani: Podcast #10

Consulting Success

He started out as a MBA/chemical engineer with years of experience in the design field and great success in operations, but decided that his talents and passions could truly be put to use when he pursued his dream of helping companies achieve success. Failure means a lesson has been learned.

The Rank Order Priority List

CaseInterview.com

It gets access to the top talent in the company. The leftover resources (that the #1 priority doesn’t need or can’t use efficiently) get allocated to the #2 priority. The #2 priority gets access to ALL of those resources until it too can’t use any more resources effectively or efficiently. Most of my work involves either a corporate strategic plan or a personal strategic plan.

Types of Capital

Tom Spencer

Employees usually trade human capital (their individual time, talent and efforts) and intellectual capital (their thoughts and ideas) in exchange for financial capital (money). (Source: Flickr ).

How to Avoid Decreased Engagement for Tenured Employees

LSA Global

Continue to help them improve their skills and learn new ones that will increase their job efficiency and satisfaction. The more you can take advantage of an employee’s true motivators and talents, the happier that employee will be. Employee Engagement Declines with Tenure.

Healthcare Branding: The Need for a Strong & Unique Brand

Tom Spencer

Over the last several years we have seen hospitals invest millions of dollars in the form of advertising, expansion of services, construction and enhancement of facilities, and adoption of the latest technologies to improve efficiencies and appeal to patients.

Ensuring Good Performance: How Consultancies Keep Their Employees Motivated

Tom Spencer

Clients expect fast results; meanwhile, hiring more consultants to do the same job is not efficient, since much more time has to be spent on knowledge transfer. It also helps to recruit or retain talented employees who might otherwise not opt for the consulting lifestyle.

6 Skills for Consulting Success

Tom Spencer

It is crucial not just to know how to prioritize but also to know how to be efficient at managing your resources, which are often limited. Being concise (synthesizing complex information and presenting it in a simplified form) and at the same time having the ability to dig deep into each aspect, if need be, is one of those talents that helps a consultant succeed. Having a successful career in consulting requires sustained motivation.