Category: Business Trends

Business trends discusses the implications of economics, employment, mergers, acquisitions, and regulatory changes on talent, leadership, recruitment, and human resources issues.

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The Ugly Side To Today’s Low Unemployment Rate

This economic cycle is really setting records. We’ve had almost ten years of US economic growth, the unemployment rate is at a 30 year low (it is expected to go lower), and every few days I hear someone in the administration bragging about how well the economy is performing. 

I’ve lived through five major economic ... Read more»

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My Day at Tesla: What I Learned

It isn’t every day that an industry analyst gets to go behind the scenes of an iconic and controversial company, but this week I had that chance. Invited by the HR and corporate learning team, I spent a day at Tesla.  I went for the plant tour, wandered around the corporate offices, and spent a ... Read more»

There Is Now A Job For Everyone Who Wants One: What Does This Mean?

Last week the Bureau of Labor Statistics announced that there are now as many job openings as their are unemployed Americans (6.6 million). In many ways this is an amazing feat, one which would seem to be very good news for all of us. 

While most of us see this as good news, we know ... Read more»

Unemployment Rate Drops To 3.9% – Hottest War For Talent We’ve Seen in 50 Years

Today the US unemployment rate dropped to 3.9%.  I cannot overstate how important this is as we consider recruitment, training, and HR strategies. The work we do in recruiting, employment brand, culture, engagement, rewards, and well-being is going to be even more critical in this new “war for talent.” (Mean “time to hire” according to ... Read more»

The Rise of the Social Enterprise: A New Paradigm for Business

After a year of research and another enormous survey of business and HR leaders around the world, we just released the Deloitte Human Capital Trends 2018, entitled “The Rise of the Social Enterprise.”

What we found, after detailed analysis of the data and many interviews with business leaders, is that business today is entering ... Read more»

AI, Robotics, and Cognitive Computing Are Changing Business Faster Than You Thought

The digital world of work is here, and organizations are struggling to adapt. JPMorgan Chase & Co now uses software to perform the mind-numbing job of interpreting commercial loans, reducing 360,000 hours of lawyer time each year.  AI software can now identify leukemia in photos and X-rays, learning faster than technicians. Amazon.com reduced new ... Read more»

Citizenship On The Rise: What This Means To Business and HR

New research (The Deloitte Millennial Survey) shows that global citizenship is on the rise, and this trend is directly impacting business leaders and HR practices around the world.

Here are the findings:  Millennials tend to see a threatening and unfair world, and they want to take an active role to help. Among 8,000 Millennials surveyed ... Read more»

Why We Must Be So Careful About Where We Spend Our Time

Why we must be so careful about where we spend our time…

“As William James observed, we must reflect that, when we reach the end of our days, our life experience will equal what we have paid attention to, whether by choice or default. We are at risk, without quite fully realizing it, of living

... Read more»