Author: joshbersin

Career Pathways: An Innovation That Could Transform The Economy

We just released new research on Career Pathways, a bold corporate innovation that creates non-linear career paths for workers with any education. This approach, which has been pioneered by companies like Walmart, Amazon, Mercy BonSecours, and others, has the potential to transform jobs, companies, and the economy. (More details here.)

But first, ... Read more»

Productivity Paranoia: The Design Challenge Ahead.

Last week Microsoft’s Work Trend Index discovered a profound problem at work: while 87% of employees believe they are highly productive, only 12% of CEOs agree.

This is a staggering finding. While employee work harder than ever, CEOs simply do not believe it.

Microsoft believes this is a symptom of hybrid work, but I ... Read more»

We Are Becoming A PowerSkills Economy

Everyone keeps talking about the economy these days. Interest rates are rising, inflation feels out of control, and there’s a hint of recession in the air. Yet job growth remains strong and unemployment is low. What’s really going on?

After years of study and hundreds of conversations with business leaders, I’ve come to a ... Read more»

Microsoft Announces Major Expansion Of Viva, and CEOs Need To Lighten Up.

If there’s one thing you can say about Microsoft, this is a company that can execute. Since the introduction of Microsoft Viva in early 2021, the company has more than doubled down on its Employee Experience Platform strategy, with a flurry of new announcements this week.

Let me start by saying that Microsoft, at its ... Read more»

The Healthcare Industry Has A Talent Crisis: We Found The Cure.

We just completed a massive study of the talent and HR challenges in healthcare, and the findings are astounding. And there is a lot to learn from this industry.

To start, you should understand that healthcare is now the largest industry in the United States. Almost 14% of the American workforce serves in this ... Read more»

SAP SuccessFactors Launches Its Biggest Release In A Decade

In a flurry of new HR Tech products released this week, one definitely warrants attention. SAP SuccessFactors, the largest HCM vendor in the world, introduced its most significant release in a decade. While it doesn’t have a specific name, I call it SuccessFactors Next-Gen HCM.

Here’s what it’s all about.

As most of you ... Read more»

The Confusing Job Market: CEOs and CHROs Seem Baffled

We have entered one of the most confusing job markets in decades. While the unemployment rate continues to drop (3.5% here, 2.4% in Japan), companies are also worried about the slowdown. So they’re “hiring” and “laying off” simultaneously. What a confusing time.

Consider the following data, taken from a recent PWC pulse survey among ... Read more»

A New Strategy For Corporate Learning: Growth In The Flow Of Work

The corporate training industry is over $320 billion in size and growing in importance every day. Companies are struggling with employee retention, transformation, and challenges with hybrid work while technologies and industries change faster than ever. How can CEOs and CHROs keep up? The answer is very clear: build an enterprise capability in learning, capability ... Read more»

The Hot Labor Market Has Almost Become A Crisis

Unbelievable. After four months of worries about a recession and a steady increase in interest rates, today the BLS reported that 528,000 jobs were created and the unemployment rate dropped to 3.5%. This is the lowest it has been since 1969, a year when I was in middle school.

And at the same time ... Read more»

Enter Microsoft Viva Engage. A Real Social Network For The Enterprise?

This week Microsoft slipped in a little product launch that is more significant than you think: a new application in the Microsoft Viva family called Viva Engage. And it has a lot of implications for HR and collaboration software.

What precisely is this? I think Yahoo News summarized it well: this is Facebook and ... Read more»

Workplace Mental Health Has Become A Strategy For Business Performance

Here’s a shocking statistic:  15.8% of Americans now take regular medication for depression or anxiety, and it reaches 25% for those under the age of 30. And as of May this year, 39% of Americans experienced some form of anxiety or depression in the last four weeks.

Stress, anxiety, and depression are becoming the biggest ... Read more»

New Research Shows That High Growth Large Companies Have Distinct HR Skills

We have been analyzing data in our Global HR Capability Project and the results are striking. Among the 7,300 HR professionals who have completed our assessment (available to all Josh Bersin Company corporate members), the highest growth companies have significantly deeper HR skills in very important areas.

Here’s the data. We assessed more than ... Read more»