Talent Management Alliance Industry News

Risk and HR Managers: No Talking!

September 2, 2011 By rhennen

Article Summary
With risk management having bloomed, for many companies, into an essential competency over the past decade, it only makes sense that enterprise risk managers would eventually begin spooning human-capital risk onto their plates. And that is happening — but very slowly, with relatively few yet digging in.

There remains, in a majority of large companies, a wide communications gap between risk and human-resources managers that creates greater exposure to human-capital risk than would otherwise be present.

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Source: CFO

Filed Under: Workforce Planning Tagged With: human resources, job growth, organizational communication, talent management, workforce planning

How to Improve Wind Energy Reliability with Cable Standards

August 1, 2011 By rhennen

Article Summary
When it comes to advancing technologies for alternative energy, there are many issues to consider. Those that impact the system’s efficiency, reliability and life-cycle cost should be at the top of the priority list. For example, it’s important to be sure that the cables specified for the wind farm align with the standards of the larger grid. To specify anything less is short-term thinking that could result in lost revenue due to downtime, expensive repairs and negative publicity.

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Source: Renewable Energy World

Filed Under: Workforce Planning Tagged With: alternative energy, business strategy, energy industry growth, global growth, productivity, research, wind energy, workforce planning

Default Retirement Age Abolition: How Employers are Responding

July 14, 2011 By rhennen

Article Summary

The vast majority (more than four-fifths) of employers believe that the removal of the default retirement age (DRA) will have an impact on their organisation’s retirement policy (XpertHR Benchmarking subscription required). This figure rises sharply in the public sector.

Prior to April 2011, three-fifths of employers operated a retirement policy with a defined retirement age, but took a flexible approach to retirement (XpertHR Benchmarking subscription required).

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Source: Xpert HR

Filed Under: Workforce Planning Tagged With: benchmarking, default retirement age, DRA, retirement, surveys, termination of employment

Economic Contribution of Hospitals Often Overlooked

July 11, 2011 By rhennen

The health care sector is an economic mainstay, providing stability and even growth during times of recession. Health care has added an average of 24,000 jobs per month over the prior 12 months. Hospital care is an important component of the health care sector. Hospitals:

Employ over 5.4 million people.
Are the second largest source of private sector jobs.
Spend about $342 billion on goods andservices from other businesses.

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Source: American Hospital Association

Filed Under: Recruitment, Workforce Planning Tagged With: healthcare, healthcare issues, hiring trends, hospital, job growth, recruitment

It’s Not About You: David Brooks’ Contrarian Advice for College Graduates

June 16, 2011 By rhennen

Article Summary
For the past couple years I’ve been advancing a controversial argument: “follow your passion” is bad advice.

I’m not against feeling passionate about your work — in fact, I think this is a fantastic goal. But from my experience studying this issue, passion is not something that you discover and then match a job to; it is, instead, something that grows over time along with your skills.

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Source: Study Hacks

Filed Under: Workforce Planning Tagged With: advice, aspirations, coaching, graduates, growth, recruitment, talent development

Evolution of Shopper Insights Leads to New Initiative

June 16, 2011 By rhennen

Article Summary
The art and science of researching how shoppers decide is at a crossroad. The shopper insights discipline originally developed when retailers began saying to CPG manufacturers that they have a thorough understanding of behavioral data and its findings, but lack a genuine grasp of how their customers and non-customers think and the “why” that drives that behavior.

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Source: Retailing Today

Filed Under: Leadership & Coaching, Workforce Planning Tagged With: business strategy, hiring trends, point-of-purchase, point-of-sale, research, retail, shopper insights, shopper marketing

Looking For Talent? Here Are Three Steps To Making The Right Hire

June 15, 2011 By rhennen

Article Summary
Eric Ryan, the cofounder of cleaning-product company Method, discusses his tried-and-true screening process.

The surest way to thwart a fast-growing company is to let the wrong employees on the bus, as Jim Collins, the author of Good to Great, would say.

During Method’s explosive growth years, we would hear things like “I just need a warm body to fill the seat” — code for “We are about to compromise the talent level.” No matter how you may rationalize it at the time, simply finding a warm body to fill the seat is never okay.

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Source: Fast Co Design

Filed Under: Recruitment, Workforce Planning Tagged With: coporate culture, engaging employees, hiring trends, organizational communication, recruitment, strategic recruiting program, talent acquistion, talent management

5 Rules You Should Eliminate Now

June 13, 2011 By rhennen

Article Summary
The dirty little secret of business today: there really are no agreed-upon ways of doing business anymore. Every company does everything differently, and you can’t really compare them because there are no controlled experiments. So it isn’t a science.

But here are five very old rules that I see successful companies breaking all the time. I thought they’d give you some food for thought – unless you’re already breaking all of these– which I very much doubt.

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Source: BNET

Filed Under: Workforce Planning Tagged With: coporate culture, corporate strategy, employee performance, employee satisfaction, organizational communication, productivity, team development, workforce planning

Think Global, Hire Local

June 8, 2011 By rhennen

Article Summary
Rising violence against expatriates and growing local unemployment has changed the dynamics of oil and gas recruitment…. All was okay until recently. There has been an increase in violence directed at expatriates in Saudi Arabia. Meanwhile local unemployment has been growing; Arthur Little’s report released this week highlights how this problem has been growing in the region. Yemen’s unemployment rate is 36%, Saudi Arabia’s is creeping up to 14%.

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Source: Global Energy Talent

Filed Under: Recruitment, Workforce Planning Tagged With: business strategy, energy industry growth, global growth, global skill management, recruitment, talent acquistion, transition

Are You Examining Your Compensation Practices? 5 Questions to Get You Started

June 8, 2011 By rhennen

Article Summary
Are you statistically examining your compensation practices? If not, you should be, because someone else will. And that someone else just might be the Federal Government…. It’s important to know what story can be told by your data. The best way to find out is to statistically examine it. Not only will this help you prepare for what the government may find when they analyze your data, it will provide you with an opportunity to identify potential problem areas, and give you a chance to take corrective action where appropriate.

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Source: Human Resources IQ

Filed Under: Talent Management, Workforce Planning Tagged With: compensation levels, compensation packages, compensation regulation, employee satisfaction, executive compensation, healthcare issues, human resources, workforce planning