The product management talent dilemma

McKinsey

Despite product managers’ central roles in software organizations, they are often neglected from a talent-management perspective. Four levers can address this industry-wide challenge. High Tech Insights

Is Your Plan for Talent Working?

LSA Global

Is Your Talent Ready? Is your plan for talent ready for what your business will face tomorrow? Your plan for talent must support the future success of your organization. The Definition of a Plan for Talent. Keep a Watchful Eye on Emerging Talent Trends.

Is a greater focus on talent needed in the private equity industry?

McKinsey

As professional management takes hold in private markets, there’s renewed interest in talent issues. Insights on Private Equity & Principal Investors

How Important is Talent Management to Business Success?

LSA Global

How Important is Talent Management to Business Success? So how important is talent management to business success? The Definition of Talent Management. Talent Management Research. So talent matters right? So how important is talent management to business success?

How to Become a Talent Magnet

Strategy+Business

Superbosses examines the talent practices of those rare leaders whose protégés go on to dominate industries

How Companies Can Tap Into Talent Clusters

Harvard Business

Bill Kerr, a professor at Harvard Business School, studies the increasing importance of talent clusters in our age of rapid technological advances. He argues that while talent and industries have always had a tendency to cluster, today’s trend towards San Francisco, Boston, London and a handful of other cities is different. Companies need to react and tap into those talent pools, but moving the company to one isn’t always an option.

The Barriers to Recruiting and Employing Digital Talent

Harvard Business

Finding digital talent is one of the biggest challenges facing companies today. But it’s particularly difficult for large, traditional firms , especially those which operate in consolidated, non-growth industries (think pulp and paper, steel, airlines) and which are often located away from the metropolitan areas where data scientists live. These are the three biggest challenges we’ve seen: Integrating digital talent into the core business.

Top Ten Ways to Attract Top Talent in 2018

Cheryl Cran

We are in an increasingly competitive environment when it comes to attracting top talent. A lot of companies are looking at unorthodox and progressive ways to find talent for jobs that need to be filled right now. Start l ooking for talent when they are young.

Talent Matters Even More than People Think

Harvard Business

Leaving aside luck, which equates to confessing that we don’t really know, there are really just two explanations: talent and effort. Talent concerns the abilities, skills, and expertise that determine what a person can do. Effort concerns the degree to which the person deploys their talents. Clearly, some people are both talented and hard-working, but there is often a tension between the two. How talent management is changing. Is talent overrated?

For Beginners: A Roadmap into the Consulting Industry

Tom Spencer

The management consulting industry is far from being a big mono chunk. A whole value chain exists in this industry. The consulting industry as I said has a wide spectrum of businesses, while management consulting firms are focusing more on the higher levels of the value chain doing strategy related projects such as business transformation, operation enhancement, market entry strategy, or business growth strategy.

3 Ways Social Entrepreneurs Can Solve Their Talent Problem

Harvard Business

Almost half (48%) said raising funds was “very” or “extremely” challenging, even as the impact investing industry continues to grow. The second most important problem, finding and keeping talented people (36%), becomes crucial as entrepreneurs secure some funding.

A 5-Part Process for Using Technology to Improve Your Talent Management

Harvard Business

And because organizational change tends to be driven by those who most acutely feel the pain, it’s often line managers who are the strongest champions for “talent tech”: innovations in how firms hire people, staff projects, evaluate performance, and develop talent. Gaining the most from talent tech, we find, depends on the adopting firm’s ability to confront, and ultimately reinvent, an often outdated system of interlocking processes, behaviors and mindsets.

Looking Beyond H-1B Visas to Find Tech Talent

Harvard Business

The agency is best known for sourcing and sharing data on unemployment across geographies and industries. Other information varies from industry to industry. These sources are only three of many free open databases that can help recruiting managers glean insights on where to search for candidates by geography and industry. That means the states with low location quotient could be targets for talented engineers who are looking for bigger challenges.

The 3 Simple Rules of Managing Top Talent

Harvard Business

The general view in business is that top-end talent is highly sensitive to and motivated by compensation and that big monetary rewards are key to their management. In my 36-year career, I haven’t met a single person truly at the top end of the talent distribution who is highly motivated by compensation. But none are the kind of top-end talent who make their organization great for a sustained period. Talented people spend all their time doing really hard things.

Connecting Unemployed Youth with Organizations That Need Talent

Harvard Business

With low unemployment, the competition for talent remains fierce. Gap is joining a growing corps of large companies that are turning to an overlooked pool of entry-level talent: the 5.5 Tapping into this talent has implications for HR management, calling for new approaches to screening talent, including sourcing, selection, and role definition. Sourcing eager talent is just part of the new equation. Gap Inc.

Recruiting Strategies for a Tight Talent Market

Harvard Business

If any story demonstrates how far employers will go in today’s fierce war for talent, the tale of Snapchat’s geofilter recruiting campaign is it. The fight for new recruits is intense — not just in the tech sector, but across all industries. “Feeling pinned down?”

Companies Can Address Talent Shortages by Partnering with Educators

Harvard Business

’s “once unchallenged preeminence in commerce, industry, science, and technological innovation is being overtaken by competitors throughout the world.” ” “Our goal,” it stated, “must be to develop the talents of all to their fullest.” The talents of all are not being developed to their fullest, and many U.S. industries face acute skills shortages. Talent management Competitive strategy Digital Article

7 Ways Your Employee Engagement Survey can Help You Win the War for Top Talent (or Not)

Peter Stark

As we move into the first quarter of 2019, the war for your top talent is well underway. As a leader, are you prepared to win the war for the top talent? The good news is 2018 was a year when most industries experienced growth. You concede you are losing the talent war.

What’s in Store for Consulting Industry Trends in 2017?

SkillQuo

The consulting industry has had some interesting developments within the past year. Brand awareness of a consultancy seems to be a key feature of attracting high quality talent. The Demand for Multi-services Firms and Multi-talented Consultants.

How to Accelerate Productivity of Your New Talent

LSA Global

The statistics on the high dissatisfaction rate of new employees should capture the attention of every HR department and leader looking to engage, develop and retain high performing talent. The post How to Accelerate Productivity of Your New Talent appeared first on LSA Global.

Cybersecurity Has a Serious Talent Shortage. Here’s How to Fix It

Harvard Business

But the security industry is a fast-growing market, with IDC pegging it as becoming a $101 billion opportunity by 2020. So what’s causing the talent shortage? So why are we limiting security positions to people with four-year degrees in computer science, when we desperately need varied skills across so many different industries? Other burgeoning industries have been in similar positions throughout history.

Thoughts on PwC’s Booz Purchase

Tom Spencer

The consulting industry continues to grow and, in search of higher margins, PwC has thrown itself back into the consulting game head first. Industry Consolidation. On the other side of the table, Booz & Co appears to be responding to increasing pressure for industry consolidation.

Industry-Academic Partnerships Can Solve Bigger Problems

Harvard Business

In a country where academia and industry usually tread separate paths, it’s unusual to see the two innovate together. However, for such a technology to spread widely, a company like Saint-Gobain is needed to manufacture various materials on an industrial scale.

How the Social Sector Can Attract More Young Talent

Harvard Business

Making the competition for talent even more concerning for leaders in the social sector is the hotly debated “skills gap.” ” How can social sector leaders not only pursue the talent they need, but also convince those people to stay with their organizations? To compete with industries that are appealing to new talent, we believe the social sector can make a more visible investment in managing talent and growing collaborative, less staunchly hierarchical cultures.

What’s Driving Superstar Companies, Industries, and Cities

Harvard Business

These cities see faster income growth than population growth, resulting in demand for high-skill, high-wage workers and limited supply—an escalating war for talent. Acquisitions, bold investment in intangible assets, and attracting talent can ultimately make the difference.

Preparing for the Future of Talent Acquisition - SPONSOR CONTENT FROM KORN FERRY

Harvard Business

With unemployment rates in most developed nations at the lowest levels since the Great Recession, and with new skill sets required to keep pace with head-spinning technological advances, it’s no surprise the talent acquisition environment is incredibly competitive. In a new Korn Ferry Futurestep global survey of more than 1,100 talent acquisition professionals, 54 percent said it’s harder to find qualified talent now than it was just one year ago.

What GM’S Layoffs Reveal About the Digitalization of the Auto Industry

Harvard Business

” By that, we mean that GM’s layoffs significantly reflect the talent and workforce strains associated with the diffusion of digital and electronic technologies into nearly every industry, business, and workplace in America. Prapass Pulsub/Getty Images.

What Africa’s Banking Industry Needs to Do to Survive

Harvard Business

Increasingly, executing that capability will be dependent on a new species of talent with deep technical skills to integrate local realities into products. Across Africa, banking is being redesigned.

Can Anyone Stop Amazon from Winning the Industrial Internet?

Harvard Business

Just the announcement that Jeff Bezos, Warren Buffett, and Jaime Dimon will be entering the health care space has sent shock waves for industry incumbents such as CVS, Cigna, and UnitedHealth. It also puts a fundamental question back on the agendas of CEOs in other industries: Will software eat the world, as Marc Andreessen famously quipped? This is the world of the Internet of Things (IOT) and the Industrial Internet. The Challenges for Industrial Giants.

The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five

Harvard Business

Despite rapid innovations in data processing and machine learning, many businesses have yet to make the leap from the Industrial Age to the information age, and the gap between technological and organizational progress is widening. It’s far from the only case of a failure to embrace a more digital approach; the larger shift to digital is changing the way every industry operates. Some industries, like photography and media, were impacted earlier.

How to Highlight Your Talents in a Job Interview Without Showing Off

Harvard Business

In a perfect world, job interviewers would be able to gauge your talents with great accuracy, so that you wouldn’t need to engage in any form of boasting or self-promotion. But talents can be notoriously hard to judge, particularly in short-term interactions with other such as job interviews: there is only a 4% overlap between interview ratings and subsequent job performance ratings. Bill Eppridge/life/Getty Images.

Does It Pay to Hire Consultants? Evidence from the Bordeaux Wine Industry

Harvard Business

Consulting is pervasive in many industries. To evaluate the impact of hiring consultants and to figure out when they might offer the most value, I turned to the wine industry , where over two-thirds of wineries hire consultants to improve the quality of their wines. Many outstanding wineries did not use consultants, preferring to use only in-house talent. The wine industry is no exception. In the Bordeaux wine industry the terroir is the main resource.

The Automotive Industry Then and Now: A Case for Aligned Incentives

Kates Kesler

presidential election is over, historians will be evaluating the role that the automotive industry played in its outcome for years. No doubt he would have had some provocative thoughts on these latest developments, as much of his work focused on the automotive industry. One example cited takes us back to automotive industry history. The article goes on to highlight the advantages Toyota gained by sharing resources (suppliers) with other, interdependent industry players.

The Uber-Waymo Lawsuit: It Should Be Easy to Poach Talent, But Not IP

Harvard Business

Legal battles like that are pervasive across all industries, but one of these high profile, high-stakes lawsuits is at the center of the race to self-driving cars: the dispute between Google and Uber. The suit will do more than determine the future of an important industry — it is a window into the rising number of disputes over talent mobility and trade secrets. Talent mobility has been the wind beneath the meteoric growth of Silicon Valley.

Atlantic Records Chairman on Ensuring Long-Term Success in a Changing Industry - SPONSOR CONTENT FROM HBX

Harvard Business

Music industry veteran Julie Greenwald shares her thoughts on corporate culture, brand management, and talent retention. Having the best talent in the world is crucial to success for a music label, but what keeps Atlantic Records at the top of its game is more than simply the talent it signs. When Greenwald moved to Atlantic Records, she was faced with the challenge of rebuilding a struggling brand in a rapidly changing industry.

We Interviewed Health Care Leaders About Their Industry, and They’re Worried

Harvard Business

So there will be major new investment in management talent to run the portion of the business focused on risk.” However the Trump administration and the Republican U.S. Congress replace or revamp the Affordable Care Act, it is unlikely to halt America’s ongoing move from the rightfully maligned fee-for-service payment system to one that pays for “value” — the quality of outcomes relative to the price.

List of strategy consulting firms in London

Tom Spencer

Its management consulting services include CRM, finance and performance management, process and innovation performance, risk management, strategy, supply chain management, and talent and organisation performance services. About. Book Shop. Archive. Definitions. Helpful Links. Quotes.

The Consulting Blog’s new editor

Tom Spencer

We have chosen the talented Ashley Sherman to be an Editor of the Consulting Blog for 2013/14. Management consulting is a difficult industry to break into, and we look forward to reading Ashley’s insights about the case interview process and other aspects of the consulting industry.

4 Ways to Protect Culture During Rapid Growth

LSA Global

Employee attrition of top talent increases. A recent Harvard Business School research report described how an effective culture can account for up to half of the differential in performance between organizations in the same industry. Blog High Performance Culture Talent Management

Self-Serving Customer Service - Henman Performance

Henman Performance Executive Blog

I don’t understand customer service, the service industry, or the hospitality industry. Talent Management. About Linda. Client List. Newsletter. Executive blog Contact Us. Self-Serving Customer Service. by Linda Henman on January 17, 2013. Their names imply proactive and reactive response to what people might like. No, I haven’t been living among aliens, just pondering. It’s what I do. This week I’m staying in a beautiful Marriott in Delray Beach Florida.