Is your Organization’s Talent Acquisition Experience Driving Talent Away?
Deloitte Human Capital Blog
by odutta
3y ago
Posted by Bhawna Bist, Aarushi Gandhi on August 13, 2020. Finding right talent can often times be difficult! Decades of knowledge and experience gathered by the baby boomers are now starting to leave the workplace, which makes acquiring and retaining top talent extremely important to organizations. According to Forbes, 49 percent of surveyed millennial’s will quit their job in two years (Source). With many millennial’s being less loyal to organizations than their previous generations – the ability to attract the right talent for roles is closely aligned to the long-term success of the company ..read more
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Often Intangible, Always Invaluable: Culture Diligence in M&A
Deloitte Human Capital Blog
by odutta
3y ago
Posted by Ami Louise Rich, Katie Impelman, Stephanie Miragliotta, Antonia Pearson on August 4, 2020. When asked to reflect on a deal, something we often hear from clients is, “Culture is key.” If you’ve ever been involved in an M&A transaction, you’ve likely seen firsthand how critical culture is for the success of an integration. And studies support this view – culture clash is the number one cause of deal failure1At Deloitte, we define culture as a company’s shared system of values, beliefs, and behaviors that influence how work gets done. In the context of an M&A transaction, the n ..read more
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The virtual water cooler: Honing collaboration platforms in M&A
Deloitte Human Capital Blog
by sostaszewski
3y ago
Posted by Danielle Feinblum, Antonia Pearson, TJ Moss, Chelsey Ott on July 31, 2020. Even before our world became more virtual, most organizations could share an example of how a piece of information “went viral” within the company on Slack, Microsoft Teams, Quip or another other collaboration tool. From quick requests for help on a project, to sharing feelings about a recent message from leadership, or even daycare recommendations, these platforms create a one-stop shop for quick and easy information sharing between employees. Which is why we see more companies take a deli ..read more
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Letter from a Professional in a Pandemic
Deloitte Human Capital Blog
by odutta
3y ago
Posted by Alejandra Arrué, Erin Clark on July 30, 2020. A Deloitte professional – Alejandra – reached out to her leader  – Erin – to discuss her personal experiences in the current environment. Ale reflects on her experiences with uncertainty and unrest, and what she has learned over the course of the past few months. In response, Erin transparently shared similarities in her personal experiences and offered insight on ways to thrive amidst disruption. They have summarized their conversations in the illustrative format of the open letter below.   Related links  Follow us ..read more
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To PEO or not to PEO in M&A Transactions
Deloitte Human Capital Blog
by odutta
4y ago
Posted by Andrew Heller,Rodolfo Lopes, Jennifer Zheng June 20, 2020. Professional Employer Organizations (PEOs) can be a valuable solution in Mergers, Acquisitions and Restructuring transactions. Companies engaged in Mergers, Acquisitions, Divestitures or Restructuring (M&A) activities face highly complex strategic and operational challenges.  To effectively navigate these challenges, back and front office functions should choreograph critical decisions with limited time and data.  Such decisions are the cornerstone for the success of an M&A transaction, as they impact the ..read more
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Adaptable and Efficient: Designing for Today’s Shared Services Center
Deloitte Human Capital Blog
by odutta
4y ago
Posted by Don Miller, Maya Bodan, Sonia Singh, Michael Kessler on July 17, 2020. As organizations become more adaptable and innovative, so do their Shared Services. Shared Services Centers (SSCs) have evolved from being a “provider of what they ask for” to a generator of tangible business value.1 SSCs are increasingly global, multifunctional, digital, and supported by automation and analytics. Meanwhile, in the response to the COVID-19 crisis, many organizations are also looking for their SSCs to help drive low-cost options for service delivery. The organizational structure supporting your SS ..read more
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Humans with Machines
Deloitte Human Capital Blog
by odutta
4y ago
Harnessing the power of intelligent automation (IA) by effectively managing a mixed workforce of people and machines Posted by Gina Schaefer, Ryan Sanders, on July 16, 2020. While the idea of machines “taking over the world” makes for compelling science fiction, businesses are discovering that the most powerful use cases for intelligent automation (IA) involve people and machines working together as a team. Of course, managing a mixed workforce of human workers and “digital workers” presents its own unique challenges. Here’s a look at the critical challenges—and how to address them. Relate ..read more
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Human Capital Balance Sheet
Deloitte Human Capital Blog
by odutta
4y ago
Capital H Blog Series – Blog #1 Cost Reduction Strategies: A Needed Paradigm Shift Posted by Kecia Bingham, Doug Tapp, Jose Molina, Yon-Loon Chen, Mike Fuchs on July 14, 2020. While cost management and cost reduction are common business terms even in the best of economic times, the COVID-19 crisis has propelled them to the forefront of business discussions.  Typical cost management efforts center on reducing overall costs by cutting labor costs.  Initial responses to the COVID-19 crisis have largely followed suit.  The speed and magnitude of the disruption caused by the pandemi ..read more
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Helping Increase the Odds of Leadership Success in Digital Transformation
Deloitte Human Capital Blog
by odutta
4y ago
Posted by Erin Clark, Wayne Robinson July 10, 2020. Most organizations understand that to be competitive in the market, they need to invest in digital transformation. However, organizations often underestimate the importance of cultivating leaders who can drive the required change. Many digital transformations fail due to unprepared leaders. How can you better ensure that your organization has the right leaders with the skillset to successfully lead a digital transformation? How do you prepare and form teams that have the skills and problem solving to be successful in a transformation? There ..read more
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Navigating through unchartered waters: How building an adaptable mindset is critical for the transition to an adaptable organization
Deloitte Human Capital Blog
by odutta
4y ago
Posted by Aparupa Bhattacharya, Joshua Akman, Cameron Wilk and Katherine Curran on June 26, 2020. In these unprecedented times, we are seeing clients taking stock of the short and long term effects of the “new normal.” We know that this new normal will be defined by more virtual work, more flexible work arrangements, and call for increased agility on the part of the organization and the individual. This is truly a fundamental shift. It means moving away from the tried and true hierarchical structure, profit-driven, and silo’d organization to one that is designed to enable agile ..read more
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