I’ve been watching US Labor Productivity data for over a decade and for many years after the 2008 meltdown found it lagging. We struggled to rebuild our companies after the financial crisis and many of the new “labor-saving” ideas (digital tools, organizational transformation, automation) were not increasing output per hour worked. In fact, labor productivity ... Read more»
This week EdCast joins the list of vendors who announced products for intelligent talent mobility, career pathing, skills matching, and talent marketplace. It’s a big move by Edcast (putting them directly in the mix with Workday, Gloat, Degreed, Fuel50, Eightfold.ai, and others), but it also points to something bigger: the market for talent management ... Read more»
It’s August, we’ve been dealing with the pandemic for almost six months, and a few things are becoming very clear. Let me share four lessons you may not have considered. And this week I put this into a podcast, which I hope you enjoy.
1. Tech has been the savior of this crisis.
In fact, ... Read more»
I recently read an article in the WSJ (a magazine I am trusting less every day) that claims employee surveys are dead. Well, I really have to disagree, so let me explain what’s going on.
First, in today’s Pandemic and wildly changing work environment, it is essential to understand what employees think.
Employees today are ... Read more»
I have been loving TikTok for quite a while. Not only is it entertaining, positive, and fun to use – it demonstrates a groundbreaking new design, one that clearly works well (800 million users!). And while you may think the company is a bunch of hackers, that’s not true. ByteDance is a sophisticated ... Read more»
One of the hottest tech companies in the world is ServiceNow. The company’s Q2 earnings were a barnbuster (30% YTY growth, 40 deals over $1M, and now running at a $4B annual subscription runrate – at a 97% renewal rate). The stock is now trading at 23 times sales (more than twice the multiple ... Read more»
First, under SAP’s ownership, Qualtrics has been growing like a rocket.
Today SAP sales teams all over the world sell and embed ... Read more»
One of the biggest problems we face is the challenge of Fatigue. And Fatigue has an impact on the Pandemic, our relationships, and our work.
The Pandemic has been going on for almost six months, many of our cities are slipping backward in infection, and the political system in most countries is dysfunctional. Here in ... Read more»
One of the more disruptive HR Tech vendors is Degreed. I met with the founders early on (David Blake and later Chris McCarthy) and they had a vision: reinvent the way people develop their careers (not exactly a new idea). Initially the company intended to build a B2C network of professionals learning from each other, ... Read more»
One of the toughest jobs in business is the Chief Diversity Officer.
Why? The Chief Diversity Officer (or Chief Advocacy Officer) is responsible for an enormous topic: the end-to-end diversity, inclusion, and fairness in the company. And this covers a wide set of issues: recruiting, promotion, pay, team behavior, senior leadership, and day to day ... Read more»
The Technology Marketplace is filled with growth, and the Pandemic has just accelerated the pace. As of last year, the tech industry makes up about 12% of US GDP and includes more than 18 million jobs. Since the Pandemic this industry has exploded in growth and is now an even larger part of the economy.... Read more»
Yesterday I read a fascinating study by Dice, one of the leading tech recruitment firms. Amazingly, despite all the talk about Zoom Fatigue and all the challenges with children, dogs, and family distractions at home, people LOVE remote work.
Look at the data. First, almost 2/3 of tech workers would prefer to work at ... Read more»
Over the last five years companies have been working to improve internal talent mobility. Not only does it save money on recruiting, it enables companies to find internal expertise which is often hidden in the organization. And it creates a strong sense of engagement and belonging in the workforce.
Why is this such a big ... Read more»
The corporate learning industry is over $240 billion in size and is critical to our economic future. All workers need to keep their skills current and the Pandemic has created more need to learn than ever.
It’s a strange time. A recent poll of 2,000 Americans found that only 5% believe things are “going well” and 40% believe they’re “going badly.” And new research by Towers Watson shows that employees are more stressed about health and financial security than ever.
But in the middle of all this, another trend has emerged: ... Read more»