Avik Bhattacharya | March 26, 2020
By Avik Bhattacharya We often come across the term in organizations that People are our greatest asset, and if developed in the right manner, can be our defining competitive advantage. However, this is not the case. Companies and organizations across all sizes, industries, and sectors invest a significant amount of time and resources to hire, motivate, train, retain, and eventually let-go employees. Glassdoor estimates an average company in the United States spends about $4,000 to hire a new employee, taking up to 52 days to fill a position. Once an employee joins your company, MIT Sloan suggests it takes them 8 to 26 weeks to achiev...
Kimberly Yoong | November 7, 2019
As the hospitality industry seeks to automate and streamline its processes to drive operational efficiencies, will AI-automated hiring practices soon be a necessity? By Kimberly Yoong Technological progress in today’s society has reached unprecedented levels; the World Wide Web did not even exist thirty years ago, while smartphones as we know them today have barely been around for a decade. Now, an even more sophisticated tool is at the forefront of changing the way we live – Artificial Intelligence (AI). McKinsey’s Global Institute model predicts that approximately 70 percent of companies will adopt some form of AI by 2030, and ...
Ron Mitchell | October 9, 2019
There are so many economic, technological and political factors that are putting job seekers in control today. Massive job boards and social media platforms like Facebook and LinkedIn offer easy one-click applications and greater transparency for candidates to assess a company without even having to interview. All of this combined with a healthy economy has many employers - especially in the hotel industry - wondering if they’ll ever be able to have a sense of selectivity or lasting confidence in the workforce that they hire. With the job seeker in control, it’s up to employers to make their case as to why they are the best company to ...
Ken Greger | May 23, 2018
By: Ken Greger Now and then, when hiring people, we as leaders are heard to say, "I'll take a chance on this person." That all seems simple enough, but it is only half the story. In fact, every time an employee joins your organization – whether or not you feel you are "taking a chance" – the truth is that every employee is taking a chance on you, on your company. They are proceeding in good faith. Have you ever considered this? Because, with this, comes a responsibility to deliver on the promise, in a fashion just as committed as your expectation of the employee. And, now that you are thinking about this perspective, ask you...
Ken Greger | December 27, 2016
By Ken Greger One of our clients, which owns and operates prestigious luxury resorts, recently defied 'gravity.' The company was seeking a top human resources executive and considered a number of well-qualified, 'obvious' candidates. In the end, the C-suite decided to promote from within, and tapped the head of security for the top HR job! Yes, you read that correctly – the head of security was promoted to oversee the entire human resources function! No, his resume didn't make sense for that job. However, he – the person – made total sense. The thinking was quite simple – the human resources team consisted of str...
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