International assignments are generally viewed as a positive thing to do, something to aspire to, and given today’s more globalised world, this kind of experience should hasten your progress up the corporate ladder. It may not be as simple as that, according to research from Monika Hamori of IE Business School and Burak Koyuncu of […]
Read More… from Top flight talent? The Value of International Assignments
Family businesses are large contributors to the Indian economy, forming an integral part of Indian culture and society. They account for approximately 85% of business in the country, but have traditionally been plagued by concerns about their susceptibility to emotional decision-making, non-professionalism, governance issues, etc. Now, however, it seems that family businesses are gradually shedding […]
Read More… from Family Business in India: Meeting 21st Century Challenges
This research examined the decisions of executives over whether to continue in their current roles or explore the new opportunities presented by a leading search firm. It found that 52% of the high-level personnel contacted agreed to be candidates for positions outside their company. Does this mean we have become less loyal as employees in […]
Read More… from Should I stay or should I go? The Power of Headhunters
A talent shortage combined with today’s intense push for constant growth and competitive differentiation can make hiring the right people a difficult balancing act: Organizations want to hire qualified experts with specialized skills but they also want to build up their talent pool of broad knowledge and general skills for greater flexibility and agility. This […]
Read More… from The Generalist Bias: Why Specialists Are Undervalued
Troubled manufacturing company the KSV is at crisis point. Its Total Productive Maintenance (TPM) program has failed to deliver the expected benefits, and two of its biggest customers, Avobus and Ecotech, are threatening to defect. Senior members of staff are divided, and, after a particularly difficult meeting, managing director James Grader, brought in to […]
Read More… from Calling in the Consultants: Risks and Rewards
The KSV plastics company is in trouble. A myopic cost control program has created supply chain and production problems and made it difficult to deliver orders on time and to acceptable standards. One of its best customers, Avobus, looks likely to ‘walk’. Managers are working themselves into the ground to keep the business afloat – […]
Read More… from The Surprising Reality of the Leadership of Change
"47 per cent say their current high-potential talent pool does not meet their anticipated needs." The term ‘high-potential’ is often found in business literature referring to employees. What exactly differentiates one from other employees? According to this Idea, high-potential employees are those identified as having the latent talent, ability and aspiration necessary to hold successive leadership positions […]
Read More… from Identifying High-Potential Talent
Economic theory tells us that human capital, i.e. employee ability, is positively linked to productivity and that high performers should be rewarded. Strong financial incentives for performance, however, can carry unexpected costs for companies. (The financial crisis was but the most vivid demonstration of this.) A recent study of a private Polish retail bank suggests […]
Read More… from When Financial Incentives Backfire
The type and amount of information collected by organizations today is on a scale never seen before. This explosion in the volume of data received through sources such as social media feeds, customer service databases, etc., has created a new opportunity for businesses to compete by collecting and analysing this so called “big data.” And […]
Read More… from Developing Talent to Manage Big Data
Developing deeper awareness of our own prejudices is often cited as the solution to racism. Recent research, however, suggests it’s just the first step. In a pilot study conducted at an American university, 75 per cent of white respondents acknowledged and were consciously aware of their own racial prejudices — and in a follow-up study, […]
Read More… from Conquering Racism by Taking Personal Responsibility