October 15 , 2018

Tag Archives: Metrics

Talent Tech Is Hot … But Without the Right Foundation, It Will Likely Disappoint

There is a revolution currently occurring in talent management and recruiting. Many firms are following Google’s lead and shifting to a data-driven model throughout all of the talent management functions. But an equally hot and exciting area is the development of talent technology, or talent tech for short. New vendors in the talent tech area seem to be popping up …

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Why CEOs Don’t Act On Talent Metrics — No Trend Lines, $ Impacts, Or Prescriptive Actions

Talent metrics have been a miserable failure! They don’t drive executives to act because they are not forward-looking and they don’t prescribe the needed actions to solve upcoming problems. Yes, after 20+ years of striving to improve metrics in talent management, most of what we produce are still what I call “so-what metrics.” Even when they are actually reviewed by …

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Human Capital Is Their No. 1 Challenge, So CEOs Must Demand More From HR!

A recent survey of global CEOs and board chairmen was conducted by the prestigious Conference Board, and it concluded once again that human capital is the top challenge that they face. While some in talent management and HR might feel honored to be at the top of the CEO’s watch list, they should instead view this listing as a failure, because …

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Stop The Insanity: You’ll *Never* Reach Diversity Goals Until You Shift To A Data-Driven Approach

If you have direct access to recruiting leaders like I do, you would quickly learn that upward of 95 percent of large corporate diversity recruiting efforts routinely fail to meet their modest diversity goals. In fact, the EEOC reports that diversity employee representation percentages at corporations have barely budged since 1985. The Harvard Business Review even reached the conclusion that “It shouldn’t be …

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You Can’t Calculate Employer Branding’s ROI if You Omit Its Negative Impacts

Understanding the Top 10 Problems Associated With Having a Strong Employer Brand There are only two long-term strategic recruiting approaches: employer brand building, and talent pipelining. Of the two options, employer brand-building is by far the most powerful. In fact, it was ranked by BCG as No. 4 highest in revenue and profit impacts among all HR programs. Almost every major corporation …

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How Using a Single Broad Turnover Measure Can Cost Your Corporation Million$

Business Impact Turnover Measures That Can Dramatically Improve Employee Retention The simplistic and broad turnover metrics used by most corporations hide the real truth about the business impacts of employee turnover. And as a result, few executives realize that the way HR currently reports turnover is probably costing every major corporation millions of dollars. For example, many firms report a …

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Getting Managers To Take Action On Turnover … By Using Heat Maps And Dollar Impacts

Turnover rates are reaching record levels at many firms. But many managers aren’t paying much attention to turnover because, in the corporate world, most turnover reports are barely scanned. And even when they are read, the way that most turnover numbers are presented simply don’t drive managers to act. And that’s a huge problem because the fundamental reason why you …

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The Biggest Mistake In Employer Branding — Failing To Measure The Business Impacts Of Employer Branding

In my experience, the current state of employer branding is dismal. I have been developing employer branding solutions since before the advent of electricity it seems — back when it was called Employer of Choice. Since then, we have shifted to the term employer branding, but unfortunately, little else has changed for the better. In particular, I am continually shocked …

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