Via NY Times …
IN an environment of rapidly rising unemployment, scores of managers and executives have had doctor-as-patient, “aha” moments, as they find themselves among the millions of American workers looking for new jobs.
Now on the other side of the hiring table, these people are seeing for themselves how job candidates are often treated during the recruiting process. And it’s not a pretty picture.
Via Knowledge@Wharton …
Failing to manage your company’s talent needs, says Wharton management professor Peter Cappelli, “is the equivalent of failing to manage your supply chain.” And yet the majority of employers have abysmal track records when it comes to the age-old problem of finding and retaining talent.
Supply chain managers “ask questions like, ‘Do we have the right parts in stock?’ ‘Do we know where to get these parts when we need them?’ and ‘Does it cost a lot of money to carry inventory?’ These questions are just as relevant to companies that are trying to manage their talent needs,” he says. In other words, the principles of supply chain management, with its emphasis on just-in-time manufacturing, can be applied to talent management.
Via Human Resources Leader …
The economic downturn is putting significant pressure on many organisations. In such times, CEOs usually turn to finance and operations to assist them in adapting to the times. However, HR can also make a valuable contribution at the executive table.
HR needs to play a pragmatic role in these times. However, this role may not necessarily fall under the banner of strategy, according to Justyn Sturrock, human capital management service line leader, A/NZ, IBM Global Business Services. “HR must have the skill set to drive operational efficiency and effectiveness. This is about creating an adaptable work force that can rapidly respond to changes in the market,” he says.
Via WSJ Digits …
While Twitter can be about the mundane details of people’s lives, for the most part, it’s about people connecting with others who have similar interests. Since I tend to follow people who are also interested in marketing and social media, it is a great way to share information on topics relevant to us.
It has also allowed me to make more meaningful connections.
Via Bloomberg.com …
Companies in the U.S. cut an estimated 491,000 workers from payrolls in April, indicating the worst of the recession’s job losses may have passed, a private report showed today.
The drop in the ADP Employer Services gauge was smaller than economists forecast and the fewest since October. March’s reading was revised to show a reduction of 708,000 workers, down from a previous estimate of 742,000.
