People Optimization

Creating Capability: 

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Artificial Intelligence, Augmented Reality and Virtual Reality are just beginning to have an impact on how organizations are managed, how talent decisions are made and how talent processes are designed, but the new reality will soon involve heavy doses of AR and VR…

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If you want to be a truly effective manager, you need to be able to shift roles situationally.  Some do this quite naturally and often effectively,  but most do not, at least not without a fair amount of forethought and practice (i.e. work developing new habits).   We arrive at work each day with a set of natural tendencies, attitudes, motivations, likes and dislikes that largely guide our responses.

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When you give advice, you are typically doing what is easiest to do, to get your thoughts across and perhaps feel good about yourself.  Most of the time, you will be far more effective by situationally playing a more effective role. Indeed, you will be more effective offering your advice as constructive feedback relative to their vision of success or skills or specific role.  This is especially true if you are the manager over people  to whom you are giving this advice.

 

Charlene Castillo's picture

Creating Capability: 

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Key to this process is the accurate and insightful data that can effectively support decision-making in each of these areas:

1. Who should we be attracting?

2. Who should we hire?

3. How can we bring them up to a level of high performance rapidly?

4. How can we create a positive mutually beneficial relationship between the employee and the company?

5. How can we manage them so that they perform at a high level and as close to optimally as possible?

6. How can we best make decisions about who should do what next and deal with the what ifs so we are prepared if we lose key people for health or other reasons.

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Many organizations have failed to see the full promise of talent management systems and the two most common reasons are partial implementations and failing to integrate predictive behavioral information on each employee with their talent management processes and systems.  

 

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As we enter 2016,  you hear story after story about the internet of things, the union of ecommerce with digital intelligence, cognitive computing and the cognitive business.  Even Warren Buffet has got into the act, investing billions in IBM in the last year or so, believing in their main focus on it.  Cognitive, of course, in this sense has to do with non- humans (businesses, organizations, machines, systems… ) understanding, reasoning and learning. A key aspect of this is what  getting access to the 80% of data that is "

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The recently developed capability to accurately predict whether someone will be a high, average or low performer on specific jobs is a very powerful management tool.  Increasingly,  it is one that is increasingly impacting the performance of organizations across the globe. The foundation for this capability rests in the ability to quickly profile a person's motivations, natural tendencies, preferences and attitudes along with their  knowledge and experience requirements and then relating  these to a validated job specific performance benchmark.  

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"The U.S. Department of Labor has estimated the costs to replace an employee to be approximately 1/3 their annual salary; but when you start looking at the impact of hiring the wrong employee and having to replace them, some studies say 2.5 times annual earnings, some 4 times and some even higher." AGILEdge