Thousands of Baby Boomers are on the verge of retirement. When they do decide to walk away, they’ll take decades of organizational knowledge with them. That includes a deep understanding of older systems, technologies and business processes. Succession planning can prepare you for a wave of retiring Baby Boomers, helping you minimize disruption to business operations and maintain strong customers relationships.
Tags: Technology, SharePoint, Microsoft, Human Resources, ATS, HRIS, Onboarding, Employee Satisfaction, Performance, Succession Planning
The 80/20 rule applies to the correlation between organizational output and the talent within that organization. In other words, the top 20 percent of talent accounts for 80 percent of output. Ideally, organizations would be able to invest in the growth and development of all employees. The fact is, few organizations have those kinds of resources. The key is to selectively focus resources on those employees with the greatest potential.
Tags: Technology, SharePoint, Microsoft, Human Resources, ATS, HRIS, Onboarding, Employee Satisfaction, Performance
To illustrate the importance of an effective onboarding process for new employees, consider the Securities and Exchange Commission’s investigation of Bernie Madoff’s Ponzi scheme. By the time Madoff confessed in 2009, he had bilked 4,800 clients out of almost $65 billion. After the fact, an internal SEC report revealed that the agency could have uncovered the scam much earlier but botched multiple inquiries over a 17-year period.
Tags: Technology, SharePoint, Microsoft, Human Resources, ATS, HRIS, Onboarding, Employee Satisfaction, Autmoation, Offboarding, HRSM
Organizations create competitive advantages by coming up with innovative solutions, products or models that address strategic business problems. For example, Amazon started off as an online bookstore almost 25 years ago before offering virtually every product imaginable, introducing the Prime subscription model, and becoming one of the world’s largest retailers.
Tags: Technology, SharePoint, Microsoft, Human Resources, ATS, HRIS, Onboarding, Employee Satisfaction
