Tag Archives: Talent Management

News You Can Use: 8/10/2016

sn_turbo_Charlotte Coneybeer

  • The Scientific Reason Why Coworking May Be The Future Of Work

    It turns out that coworking spaces’ hallmarks—like funky design features—are far less important than their social structures, where workers feel a sense of individual autonomy that’s still linked to a sense of collaboration, the Michigan team told me in interviews. Most coworking spaces, for all their variation, tend to strike that careful balance between those crucial needs—in ways that neither solo freelancing nor the traditional office experience usually provide.

    http://www.fastcompany.com/3061515/the-scientific-reason-why-coworking-may-be-the-future-of-work

  • When You Fix Problems With Mid-Level Managers You Fix Everything

    But when executive leaders take the time to communicate with mid-level managers regularly, performance and satisfaction improve, a 2016 survey of millennials conducted by Gallup suggests. Among those who said their manager holds regular meetings with them, 44 percent said they are engaged, compared with just 20 percent of those who don’t meet with managers regularly.

    The solution is simple — facilitate consistent communication between mid-level and senior managers to keep middle leadership in the loop, consider their ideas, and listen to any problems or concerns they have.

    https://www.entrepreneur.com/article/279058
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  • Most CEOs are planning to kill their companies

    Two thirds of CEOs don’t think their companies can keep up. The actual question focused on the fact that CEOs are focused on innovating through acquisition rather than organically. But the translation is they have no confidence in their organization’s ability to innovate. This is a significant problem for every employee because it implies the CEOs feel a large portion of their firms are unwilling or unable to perform. Acquisitions should be the exception not the rule, yet the opposite appears to be true. Now it is unlikely that 75 percent of firms can’t execute so this is likely a blend of CEOs not understanding what is being done and organizations that are being restricted by policy, culture, or practices (like Forced Ranking, which kills innovation). But it certainly doesn’t bode well for job security.

    http://www.cio.com/article/3096091/leadership-management/most-ceos-are-planning-to-kill-their-companies.html

  • On that note: Top-paid CEOs aren’t very good at their jobs

    The authors, who studied 429 large U.S. companies over a 10-year period, summarized their findings this way: “Has CEO pay reflected long-term stock performance? In a word, no.”

    The report found that average shareholder returns over the decade were 39% higher when a company’s CEO was in the bottom 20% of earners compared to a CEO in the top 20% of earners.

    The trend even holds across sectors.

    Companies where CEOs were paid above the average in their sector “significantly underperformed” companies where chief executives were paid below average, according to the researchers.

    http://money.cnn.com/2016/07/27/investing/ceo-pay-performance-msci/index.html?section=money_topstories

  • Fitbit data has been utilized for various clinical trials

    Fitabase has collected over 2 billion minutes of data from users who actively wear their Fitbit activity trackers to measure sleep, activity and more. Such data has been pulled for studies on spine surgeries like that of the Northwestern Medicine and the University of California San Francisco’s work.

    https://www.engadget.com/2016/07/28/fitbit-data-has-been-utilized-for-various-clinical-trials/

Photo: Charlotte Coneybeer

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News You Can Use: 4/6/2016

sn_GirlStairway_Tom Sodoge

  • What to Do When Good Talent Has Suspicious Social Media

    Know where your company stands on disqualification standards and how to identify whether or not a resume is accurate. In an October 2015 study from Adecco, 54 percent of the more than 4,168 recruiters surveyed said they excluded candidates based on online information that contradicted their CVs. Address these contradictions directly in the interview, with specific questions. If the-job seeker provides vague, rambling answers, chances are he or she is lying or trying to avoid the confrontation.

    http://www.entrepreneur.com/article/272441

  • Where (and how) to find top supply SCM talent

    Spend Matters recently revealed that one way to bridge this gap is, instead of focusing on hiring workers who are skilled in a specific category, restructuring roles to attract talented leaders who can exercise a dynamic range of capabilities, such as “increased business and leadership skills, technological prowess, knowledge of foreign policy and regulations and the ability to handle cross-functional complexity.”

    http://www.strategicsourceror.com/2016/03/where-and-how-to-find-top-supply-scm.html
    Additionally:
    Solutions to Bridging the Supply-Chain Talent Gap

    Those with awareness of the profession might be turned off by pay disparities. Women tend to start out with compensation that’s equivalent to, if not higher than, that of men. But after 10 years in the workforce, the pay gap widens by around 34 percent, Eshkenazi said. What’s more, employers are paying insufficient attention to the work-life balance that’s required by many young employees, both male and female, today.

    http://www.supplychainbrain.com/content/blogs/think-tank/blog/article/solutions-to-bridging-the-supply-chain-talent-gap/

  • Economic Sustentation 06: Preparing for the Corporate Takeover

    3. Become a customer of choice.
    Supplier sales teams fight for their customers of choice. When push comes to shove and there is not enough supply to go around, you will get it. When the parent company wants to push prices up to cover the costs of the acquisition, the sales team will look elsewhere. When you need access to innovation, they will fight to give it. But, despite many contractual claims to the contrary, very few clients are actually customers of choice.

    http://sourcinginnovation.com/wordpress/2016/03/24/economic-sustentation-06-preparing-for-the-corporate-takeover/

  • New report calls for Nestle to take lead on cleaning up Thai supply chain

    “These findings of severe labor and human rights abuses present an urgent challenge to any company sourcing seafood,” said Verite. “[We] recognize the complex and entrenched nature of these issues, the challenges of finding leverage points to effect change, and the practical difficulty of cascading accountability into a non-vertical supply chain with limited visibility.”

    https://www.undercurrentnews.com/2016/03/24/new-report-calls-for-nestle-to-take-lead-on-cleaning-up-thai-supply-chain/

  • How creative thinkers can thrive in a regulated industry

    At the end, we circle back to the beginning. To build a great company, you need great people. But there are many different kinds of great people out there, and, as a healthcare company, no matter how ground-breaking and innovative, you need to make sure you’re hiring the right kind of great people. The ones who are in it for the long term, who have the patience and maturity to understand that despite the technological edge they live on, they operate in an industry with different rules.

    http://techcrunch.com/2016/03/31/how-creative-thinkers-can-thrive-in-a-regulated-industry/

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News You Can Use: 12/23/2015

sn_xmastruck_Louis Magnotti

  • What unscrupulous attorneys do to win and how to fight back

    Selectively reading

    This goes to contracts. Taking contract clauses out of context, reading them without punctuation, inserting lines that aren’t in the agreement, and making clauses up are all tactics I’ve seen used in negotiations.   Make sure you read along with the attorney and before entering a negotiation you know every major clause nearly by heart. You need to have a good grasp of the case as well so you understand the core elements of the case otherwise you can get maneuvered into agreeing to items that seem minor, but turn out to be pivotal to your effort.

    http://www.cio.com/article/3016783/legal/what-unscrupulous-attorneys-do-to-win-and-how-to-fight-back.html#tk.rss_all

  • Brevity Is the Secret to Pitches That Nail It Every Time

    We start our pitches with a 30-second introduction that covers who we are and just a couple bullet points why we’re credible. Beyond that, the focus is on delivering a tight, concise presentation about our product. Investors’ eyes glaze over when teams talk too much about themselves. Get to the point quickly.

    Use clean, well-designed slides, and always be prepared with more in-depth financial projections and analytics in case they ask.

    http://www.entrepreneur.com/article/253879

  • There’s More Value in Your Attitude Than Your Bank Account

    If you wake up every day intent on being happy and exuding happiness, success will follow. Strahan’s latest book is “Wake Up Happy: The Dream Big, Win Big Guide to Transforming Your Life”
  • MBA grad uses SCM knowledge to combat HIV in Cameroon

    Muffih said his day-to-day duties in the capital city of Cameroon, Yaounde, include improving stock management systems, coordinating with other partners, and capacitating health workers to develop accurate forecasting and efficient supply chain systems for HIV commodities. He said he is still learning a lot on the job, but his experiences at SAU have helped him cope with the demands and responsibilities of his career.

    https://web.saumag.edu/news/2015/12/16/mba-grad-uses-scm-knowledge-to-combat-hiv-in-cameroon/

  • Should You Work From Home?

    The main question to ask yourself is why you want or need office space. How will you weight the pros versus the cons? Which things are more important to you? If there are cons that are important to you, are there ways to mitigate the negatives? For example, if working at home would make you feel isolated, could you deal with this by attending networking events and working at a local coffee shop at least some of the time?

    http://www.entrepreneur.com/article/253932

  • Societal Damnation 50: Talent Tightness

    It’s not all about money, and that goes double for top talent, but that being said, money is a factor, and if your competition is offering 20%, 30%, and even 40% more, that’s a little hard to turn down. Especially if they are also offering flexible hours, training, course reimbursement for any course taken on the employee’s own time where the employee gets a minimum / passing grade, etc. So if your training budget is still 0, your corporate policy still mandates being in the office from 9 to 5 (even though your suppliers are in a time zone 9 hours shifted and this means everyone would be working 11 hours any day a supplier has to be consulted), and there are pay ceilings in effect from 5 years ago, the chances of getting anyone talented to join your Procurement department are slim to none, with an emphasis on none.

    http://sourcinginnovation.com/wordpress/2015/12/15/societal-damnation-50-talent-tightness/

  • Top 5 reasons agile is a good idea

    Perfection is not required to stay on track. As just mentioned, if something is overlooked, it isn’t the end of the world. I ran a $1.2 million software implementation project for a large government entity while at a professional services organization. The dev manager overlooked something very critical which resulted in a large amount of rework which used up all of the budget when we were only 60% through the engagement. It ultimately resulted in the cancellation of the entire engagement. What a waste. This is an extreme example and agile would not have saved that project, but in the agile world, if something is omitted from a sprint, it can go in the next functional rollout. No high costs, no big rework.

    http://www.cio.com/article/3014972/project-management/top-5-reasons-agile-is-a-good-idea.html#tk.rss_all

Photo: Louis Magnotti

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SourceCast: Episode 08: Blue Light Special

sn_bluepaint_Bench Accounting

IBM dominated the supplier news cycle this week, so we dive into the acquisitions they made in 2015 and discuss the social media problem that blew up this week.  Then we shift over to attracting talent when you aren’t a Silicon Valley trend setter and…office karaoke?

Photo: Bench Accounting

Podcast Closing Song: Joseph Gordon-Levitt, “Here Comes Your Man” (500 Days of Summer)

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News You Can Use: 12/9/2015

sn_darkbridge_RainerTaepper

  • Why Supply Chain Is Make-or-Break for Groupe Dynamite and Red Wing Shoes

    The reality, as those in the trenches know far too well, is exceedingly more complex, with nuanced real-world variables that make certainty a near impossibility. Apparel and footwear companies including Red Wing Shoes and Groupe Dynamite shared their experiences at Logility’s Connections conference in San Diego, revealing how improving their supply chain operations has been essential to international expansion, catering to Millennial tastes and launching new product lines.

    http://apparel.edgl.com/news/Why-Supply-Chain-Is-Make-or-Break-for-Groupe-Dynamite-and-Red-Wing-Shoes103625

  • 7 COMMON PUBLIC SPEAKING TIPS YOU SHOULD IGNORE

    If you’re a comedian, great. But, says Parker, “telling jokes is an art that few can master. The chances are it will fall flat or lead to an embarrassing silence. This means you have blown the vital opportunity to make a good first impression and will struggle to regain the audience and your confidence. A personal anecdote will be a better opener in most cases.” Bonus: You’ve no doubt been telling your best anecdotes at dinner parties for years, so you’ve got a lot of practice with format and pacing.

    http://www.fastcompany.com/3053981/hit-the-ground-running/7-common-public-speaking-tips-you-should-ignore

  • Black Monday – Supply Chain problems

    Both Argos and Tesco Direct have admitted issues in being able to deliver orders on Black Monday on time. Reading through the article there is an important quote from Stuart Higgins, retail partner at LCP Consulting. “Retailers continue to pursue a faster and freer agenda which is simply placing too much pressure on their back end infrastructure and carrier partners to deliver.” Confirms what Temando found about many retailers’ back-end shipping processes not being totally automated.

    http://www.it-director.com/blogs/the-holloway-angle/2015/12/black-monday-supply-chain-problems/

  • OK, So You’re Not Google. You Can Still Compete With It for Top Talent

    Working for a startup means that when you have a new idea, you start as small as you can, build smart, prove your concept, then scale it once you have evidence that it works. That continuous feedback loop is part of what draws people to startups in the first place. Engineering talent, for example, usually has a love of problem-solving. It’s why they entered the field in the first place.

    Dealing with bureaucracy, paperwork and being required to justify budgets are a lot less interesting, and that’s a built-in advantage for most startups. If you want to test something, you go for it. Once you want it to go live and be in production, or grow on a bigger scale, then you present data and make your case to the team.

    http://www.entrepreneur.com/article/252065

  • Black Swans and the Risks in Supply Chains

    Likewise, the ability to quickly identify a disruptive event and to respond immediately is critical to a company’s efforts to keep global operations running and to recover.

    Over the last five years the use of sensors that detect threats ranging from tsunamis to suppliers in financial difficulty has become widespread.

    A new crop of software applications are able to take such data, along with other information about worldwide events and translate that into recommended actions for a company. Applications can use tailored knowledge of supplier locations, bills of material, and the role certain products and customers play in supply chains to prioritize responses. Such systems are becoming essential to fast detection and efficient response.

    http://www.wsj.com/articles/guest-voices-black-swans-and-the-risks-in-supply-chains-1446056584?cb=logged0.2729217391461134

  • Why Office Singing May Be the Next Yoga
    No…just…Hell No.

    Andrew McCrea, account executive at the Los Angeles-based public relations firm, PMBC Group, says office karaoke nights have helped the company’s employees bond more deeply. Karaoke nights were originally done when the company brought on new team members as a way to introduce the team to one another but they soon realized singing together helped develop a sense of unity year round. “You learn to be vulnerable around your colleagues and develop a sense of trust,” he says.


    http://www.entrepreneur.com/article/253470

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