Leaders maintaining a dignified distance from those hired from their previous organisation, while being inclusive and also talking about the rationale to hire with key organisational leaders can also mitigate the negative impact of “familiarity bias”.
When Boards hire and induct new leaders to head organisations, the stakeholders are clear about the expectations, and, this is bilateral. Most corporates spend considerable time while selecting a leader, and usually, the leaders are given a free hand to do what it takes to move the organisation to the next level. While the new leader now can go full throttle and do what is needed, at times they hit a patch of quicksand, and before they realize, decay sets in and gradually erodes the efforts taken to achieve business results. Obviously, there are merits in leaders going about setting up their own teams as they take up newer as signments, especially under trying industry conditions or a troublesome organisational context.
Great leaders are themselves brands: Great brands attract great talent, and therefore, it is no wonder that there are some real rock stars who want to be associated with the leaders for the sheer joy of learning and working with them. For a new leader, it is easy to get the best and tested talent without losing much time in scan and search. If the organisation is clearly on a turnaround strategy, including an overhaul of the culture, this is the best possible approach, and those feeble murmurs will be muted sooner than later. At times, when the brand is not so well known, and is seen as a "company not to work for" in its line of business, an outstanding leader from a reputed brand can considerably ease the hiring challenges the company may face otherwise. Such leaders relish great referral power and instantly evoke trust in the new hires. The ability of a few start-ups to attract top order talent from big brands is a testimony to this aspect.
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Esta historia es de la edición February 2018 de Human Capital.
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Continuous Learning For Growth
Of late, for organizations particularly in the service sector, people have become the strategy. And, if that is the case, the Learning and Development (L&D) department in organizations, and the industry in general, is likely to witness significant growth in 2017 and the years thereafter.
Creating Open Spaces And Minds
As the boundaries of life between work and home continue to blur, employers and employees are sitting up and are noticing the ways and means to offer and avail a worthwhile experience at the workplace.
Striking The Right Balance
In 2017, an employee in the HR Department of a leading global company received an excel sheet attachment in his official mail. While the content seemed harmless, it was in fact a well disguised Ransomware attack which had in fact placed several companies worldwide in the dock. Ransomware attacks targeting HR departments across the globe have since been in vogue since they possess valuable employee data which can be used to commit crimes such as tax frauds and the like.
The Multifaceted Advantages Of AI
AI can speed and automate data collection, make fundamental observations, systemize HR issues, and differentiate customer and employee profiles. But, corrective measures and final decisions can only be approved by people who can understand how to leverage AI tools to acquire accurate information sans the noise and interpret them the right way.
Engagement Surveys: A Means Or An End?
Surveys are not merely a way to check the pulse of the organisation; they should ideally be used as vehicles to improve the organisation culture, people practices and employee experiences which gradually translate into business success.
What Is And What Needs!
The idea of the best fit works only in a perfect universe. In reality, what talent specialists and hiring managers should focus on is getting the close fitment. They should work with an approach that bridges the gap between what is (available) and what needs to be (done).
A Matter Of Strategic Timing!
The term 'work-life balance' has become a popular chant for all working professionals today. A world of different opinions continue to pervade our lives, with one actually affirming that there truly is no direct relationship between the parallel worlds we live in.
Picture Out Of The Frame
A few months ago, Moon Jae-in, the President of South Korea, made an unusual announcement.
Analysis
It is paramount for a pharmaceutical company to meet the business requirement of regulatory compliance.
How Can They Fire Her?
It is a common phenomenon in the corporate landscape to misinterpret the inability to respond to a query by a Manager as a serious lapse which at times leads to termination of his/her services. As a fallout, not only do they risk losing out a person with superior managerial skills, they also dampen the spirit of the juniors in her department, leading to sinking morale and reduced engagement.
