Remove Financial Remove Recruiting Remove Talent
article thumbnail

Uber Is Finally Realizing HR Isn’t Just for Recruiting

Harvard Business

It suggests that Kalanick initially saw the HR function as a means of recruiting staff to support fast growth. All of this indicates that Uber leaders prioritized immediately useful services like recruitment over, for example, legal compliance systems, audits, and leadership development.

article thumbnail

The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five

Harvard Business

Others, like financial services, are only now experiencing this change in earnest. The Future of Financial Services. The Future of Financial Services. The financial services industry, a traditional laggard in technology adoption, is just now entering the digital phase. Insight Center. Crossing the Digital Divide.

Financial 136
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Leveraging AI for Enhanced Business Performance

Effective Managers

This not only boosts employee capabilities but also aids in talent retention. The potential for bias in AI algorithms, particularly in HR and recruitment processes, is a significant concern. A financial services firm could use AI-driven algorithms for credit scoring and fraud detection, enhancing security and customer trust.

Ethics 246
article thumbnail

Experienced Hire Recruiting in Consulting

Tom Spencer

Experienced hire recruitment can be a puzzling, confusing environment. Compared to on-campus recruits (undergraduates and MBA students), experienced hires confront much more irregular processes, prolonged timelines, and unclear standards. Experienced hires are anyone in the recruitment pipeline that are already in the workforce.

article thumbnail

What If Companies Managed People as Carefully as They Manage Money?

Harvard Business

Financial capital is relatively abundant and cheap. In contrast, today’s scarcest resource is your human capital, as measured by the time, talent and energy of your workforce. Difference-making talent is also scarce. Financial capital is abundant but carefully managed; human capital is scarce but not carefully managed.

article thumbnail

Oliver Wyman interview preparation: the inside story

Management Consulted

Oliver Wyman’s strategy consulting practice has made waves specifically in the financial services sector , and beyond as well. When seeking new talent, Oliver Wyman’s consulting team says they are looking for employees who are driven, risky, and innovative. Communications, Media, and Technology. Health and Life Sciences.

article thumbnail

Employee Well-being: The Next Competitive Advantage

Tom Spencer

Employees are more likely to stay with a company that prioritizes their well-being, reducing the costs associated with recruiting and training new hires. This highlights the staggering financial impact of high turnover rates. According to a Gallup study , companies with high employee engagement see a 23% increase in profitability.