Sun, 28 July 2019
Amber Grewal is the Chief Talent Officer at Intel, a company with over 107,000 employees in 36 countries around the world. Prior to Intel Amber was the Corporate Vice President, Head of Global Talent Acquisition at IBM and the Vice President of Global Talent Acquisition at GE.
Some of the major trends Amber is paying attention to at the moment are:
All of these trends are driving Intel to make changes internally and they are directing Amber to figure out how to evolve HR in order to address these challenges. At Intel, they have quite a few programs that their employees can take advantage of.
One of these programs is called Freelance Nation that launched in 2014 which gives employees more flexible working options and it helps them develop and refine their skill set. They can try out working in different roles and even different regions.
Another program focuses on training leadership on how to inspire employees in this new era of work. Leadership training and development is especially important now inside of Intel as they are going through some major cultural transformations.
When sharing some insight into Intel’s internal transformation, Amber said, “I would say, to the hard part of what transforming to a PC, to a data-centric company, at the foundation of it is culture. So we are going through, I would say, one of the largest transformations as a company, ever in our history. And the foundation of it is a culture transformation. So a culture of not only who we need to be today, but who we need to be tomorrow, in this dynamic business environment, and how we serve our customers, how our business model is shifting. So as we speak, we're going through a significant cultural transformation. And figuring out what are the behaviors that are needed in order to do this? Holding our, teams, and leaders accountable to that. We've completely have re-looked at, and are rethinking our whole performance management system, specifically to that.”
What advice would Amber give to employees who are trying to future proof their career and succeed in the future of work? She says, “I would say things are changing so fast, and the reality is it's never going to be this slow again. So being comfortable with uncomfortable is just the new way. And honestly, my advice, whether you're an individual contributor, new in your career, or you're a very senior leader, the one key area that I would tell everyone is, learning agility. That ability to constantly learn is going to be important. Because even if you're a leader who's been doing something for 20 years, you're going to be in a different environment, different workforce, disruptive technologies are changing our business model. So that means your ability to learn and adapt is critical.”
Thu, 25 July 2019
The term, “perpetual learner” has been thrown around a lot recently and while it is important to learn how to learn in today’s fast pace of change, the concept is not something new. We have always had to adapt throughout history, but the difference is now we have to be Super Perpetual Learners.
There are a lot of organizations and leaders talking about the concept of becoming a perpetual learner these days. I have spoken about it many times. But the truth is, this is not a new concept.
All throughout history we have had to adapt personally and professionally to new technology, new processes, new policies, etc...We have always had to be perpetual learners. The difference now is that we have to be SUPER perpetual learners.
The pace of change in our time is much faster than it has ever been in history. So now it is not just about learning to learn; it is about being a perpetual learner in a quick, applicable and frequent way.
Mon, 22 July 2019
How One of The Largest Private Equity Investment Firms Is Ensuring The Best Experiences For Their Employees
Anilu Vazquez-Ubarri is the Chief Human Resource Officer at TPG, one of the world’s largest private equity investment firms. Prior to moving to TPG, Anilu was the Chief Diversity Officer and Global Head of Talent Development at Goldman Sachs.
Anna Edwin, is the Global Head of Talent Development at TPG and she works very closely with Anilu. Prior to TPG Anna was the Head of Global Leadership Development at BlackRock and VP Human Capital Management at Goldman Sachs.
Anilu is actually the first ever CHRO at TPG and she is enjoying being able to shape that role. She says the firm has gone through several different evolutions of paying attention to its people, but they are now at a place where they are ready to have a specific team in place to intentionally create these experiences to set TPG apart from all other organizations.
Some of the programs, benefits and perks that they are currently working on include:
At TPG they are also focusing on providing flexibility, diversity and inclusion, and career planning for their employees as these are the biggest trends they are seeing when it comes to the future of work.
Speaking to the growing trend of employees wanting a clear understanding of their career path inside the organization, Anna says, “I've noticed people lately, before accepting an offer, want to understand what their career trajectory is going to look like, asking for a little bit more of a, I won't call it a formula per se, but really wanting to have an understanding that they're going to be with an organization where they can grow. So they want to trust the organization that they're going with and hold people accountable in a different way than I'd say maybe historically you've seen in the market.”
When it comes to finding and retaining the top talent Anilu says, “I think that the reputation of your firm is something that you can never take for granted. Because it is definitely the calling card in the market, and if that doesn't align, or if you have a different understanding of how you're perceived in the market, you are going to run into trouble. So I think that we keep very humble on that, but I feel very good about how we're positioned.”
What you will learn in this episode:
Thu, 18 July 2019
We have come to understand that in order to attract and retain the best talent in the future of work, organizations must create a workplace where people want, not need, to show up to work. But in this effort to create great employee experience, we can sometimes get sidetracked with focusing solely on perks and benefits.
While perks and benefits can be very beneficial to employees, it can also be dangerous. There is a term in psychology known as the Hedonic Treadmill, also known as the Hedonic Adaptation. This is a tendency in humans that has been observed which shows that we quickly return to a relatively stable level of happiness despite major positive or negative events or life changes.
What does this mean for organizations implementing the latest and greatest perks and benefits at the drop of a hat? Well, it means we adapt to our surroundings quickly. So, let’s say your organization implements a new policy stating that there will be free food everyday and every Friday is bring your dog to work day. You may notice that on Day 1 of the new policy people are excited and engaged, they think their employer is the best.
But eventually these new perks will become old news, everyone will adapt and people will essentially become numb to the perk. Which means the organization has to come up with new and better perks to top the last few to get engagement back up. And on and on it goes.
The truth is, perks are a nice tactic, but they are not a strategy.
Mon, 15 July 2019
Why IPsoft CEO Believes The Labor Force Will Be 50-50 Digital And Human In 2025 And How We Should Prepare
Chetan Dube is the CEO at IPsoft, an American multinational technology company which primarily focuses on Artificial Intelligence. IPsoft has just over 2,000 employees in 15 countries.
When you think of AI you might remember an experience you’ve had with a chatbot when trying to contact a company in order to ask a question, make a return, or purchase an item. Most of our experiences with chatbots are extremely frustrating and commonly end with us screaming “agent” into the phone. But IPsoft is working on solving this problem.
Chetan says the problem is the average IQ of the chatbots and virtual assistants is around that of a 5 or 6 year old human. How can you expect great customer service from a five year old? You can’t. So what IPsoft is doing is studying the human brain and finding ways to mimic the human hippocampus, ways to make chatbots and virtual assistants more flexible and able to read a customer’s mood.
So where are we now in the grand scheme of things being able to recreate human intelligence in AI? Chetan says, “It's not a discussion if true artificial intelligence will start to rival human intellect. The only thing that is of discussion nowadays is when. Is it going to be in, as you mentioned, the Curtswell, the singularity and you feel that, is it going to be in 2030-35, is it going to be as we maintain by 2025, you will pass someone in the hallway and you won't be able to tell if it's a human or an android. I think that's the real difference is that just the time horizon. If it's going to be in the next six years, if it's going to be in the next 11 years. It's inevitable at this point that you will get to the point where these agents start to mimic human intellect.”
With all of that said, Chetan still believes that AI will never be able to truly master human creativity. This is a skill that is unique to humans. Machines and Technology can complete tasks, find answers in their databases, use algorithms to solve math problems, but Chetan believes they won’t be able to cure cancer, create life, find a way to colonize Mars, etc…Humans will always have a role no matter how many jobs AI can take over, because of human creativity.
The fact is advances in AI and technology are coming, it is not a question of if, but when and how fast. So what is Chetan’s advice for how to prepare for what’s to come? He says, “Dust the rust off your brain and focus on creativity and coming up with things that are ... Do not play the machines on their playing field, you will lose. Do not play on mundane, ordinary chores and say I'm going to be the Luddite or neo-Luddite and try and stop the machines from driving cars or flying planes or driving trucks. They're going to. They're going to. That's what they do. They are just more effective at that. Humans are more effective at, and will continue to be, creativity.”
What you will learn in this episode:
Thu, 11 July 2019
If I were to ask you, when was the last time you spent time or money on creating an experience for yourself, what would the answer be? Most likely, the answer would be a few weeks ago, a few days ago, or maybe even earlier today. Experiences are genuinely human things, we care about them a lot.
Experiences are connected to our thoughts, emotions and memories. Think back to a big moment in your life, perhaps it was when you bought your first house, the day you graduated from college, the birth of your first child, or the first day in a new job. I bet you can remember the emotions you felt and the things you were thinking. Were you happy, sad, excited, angry?
Our experiences have a huge impact on us and they shape our relationships with others. With experience being that influential, you can see why it is so important for organizations to create positive experiences for their people. It will impact the relationships between your people and management, each other, the organization and the brand.
So, what kind of experiences are you creating for your people today?
Direct download: How_Experience_Is_Shaping_Your_Employees_Relationships_With_You__Your_Organization.mp3
Category:Business -- posted at: 4:30am PDT
Sun, 7 July 2019
Cameron Hedrick is the Chief Learning Officer at Citi, a 200 year old financial services company with around 200,000 employees in 100 countries. Cameron has been with Citi for 16 years and prior to that he worked at Fidelity for over 7 years.
As Chief Learning Officer at Citi Cameron is responsible for the performance rating system inside the organization, defining the corporate culture, and of course the learning platforms.
Citi is addressing a lot of key issues including climate change, urbanization, AI and automation, changing demographics, and plenty of others. Some of these issues may make sense for an organization to focus on, such as AI and automation, but how does climate change and urbanization affect Citi and other organizations?
When it comes to urbanization Citi realizes that there is currently a higher concentration of people in big cities--New York, Chicago, LA, etc… and so in the past a lot of companies have focused on putting headquarters there to draw in the best talent. But what Citi has realized as well is that the cost of distance between the worker and the company is going down, because with current technology people are able to live anywhere and work.
Cameron explains why they are addressing climate change as well, “I think we think of it for at least two reasons, but the obvious one is that it changes business dynamics, right? When you have areas that are going to be dramatically impacted by climate change or over time, coastal flooding will change the sort of real estate outline of the coastal areas that we've come to know, many of which are heavily populated. When drought and rain patterns happen, that changes the flow of goods around the world. So those are some of the reasons we look at it from a business standpoint. And then from a social responsibility standpoint, we think about it as well. Are we being responsible as a firm to not contribute to the issue?”
What is the culture like inside of Citi? Cameron says especially because they are a financial institution the culture has a large focus on ethics and trust. It is also about creating harmony between “the mission and value proposition that we put forth with the way we rate and pay people with the policies and processes that we put in place and with the leadership behaviors we espouse.”
Citi uses something called the voice of the employees survey to measure culture and then they cross-pollinate that survey with other metrics such as performance rating patterns, attrition patterns, audit issues, etc.. and when you put all of these metrics together you start to see the company’s strengths and weaknesses. From there they can create actionable items to work on their weaknesses.
Citi is a 200 year old company, but they are not afraid to evolve and change with the times. Cameron attributes the company’s longevity to collaboration, local management, and the proper amount of risk.
What you will learn in this episode:
Thu, 4 July 2019
In the past when we thought about work we mostly thought of it as a job where we put in our time and then we make money to pay the bills. But the mindset around work is shifting and work is much more than just a paycheck.
Now work is more about a sense of self, identity, and purpose. The impact that our work has on our customers, our communities and the world gives us a reason for being. People aren’t picking jobs for just salary anymore, they want to feel as though their work has meaning.
What are you doing as an organization to account for this new way of thinking about work? Are you still thinking about job openings in your organization as a position to fill with a warm body who has decent skills? Or are you thinking about how someone can use that job to bring meaning and purpose to their life and how they will be able to impact the world around them within that role?
Mon, 1 July 2019
Bestselling Author And Zen Buddhist Teacher On How To Reclaim Joy, Combat Stress, And Find Meaning At Work
Haenim Sunim is the bestselling author of Love for Imperfect Things: How to Accept Yourself in a World Striving for Perfection and The Things You Can See Only When You Slow Down: How to be Calm in a Busy World. He is also a monk and a Zen Buddhist teacher. Haemin was born and raised in South Korea and moved to the US when he was 18 to study at Berkeley, Harvard, and Princeton. While he was working on his Master’s degree program he went back to South Korea and received the proper monastic training there.
He has over 1 million followers on Twitter, Facebook, and Instagram. His first book sold over 3 million copies and he has taught Asian religions at Hampshire College in Massachusetts for seven years.
In our society today people always seem to be so busy. We get burnout, stressed, overworked, overwhelmed. Haemin believes it is because we are goal driven, striving to get the end result as quickly as possible, and we aren’t taking time to enjoy what we are doing. We have lost the joy of living and working.
Is it possible to reclaim our joy at work? Haemin says it is possible and suggests, “one of the ways to reclaim joy is to rediscover your own intention. What is your first reasons why you got into that particular industry? Or, that particular job. Usually that intention, first intention wasn't just make a lot of money and just do this kind of thing or that. But rather, it usually centers around helping other people or doing something good for the greater society or something. If you can just realign yourself with your first love, with your first intention, that's one step closer to reclaiming joy.”
He also suggests taking time off away from work to avoid burnout. Even if you only take one hour away from work to go for a walk and think about other things it can help you feel better.
In order to combat stress Haemin suggests we don’t keep everything compiled in our head, because that is what makes it worse. If you have too many things happening and you are overwhelmed, write everything down on paper and start with the easiest tasks first. Getting those first couple tasks done will motivate you to keep going.
Haemin’s daily routine is a very intense one, when he is at the monastery he is up by 3:00am and then throughout the day they have specific times blocked off for meditation, cleaning, and eating. When he is not at the monastery he is up by 5:00am and he always makes time to meditate and to walk before and after he goes in to work at The School of Broken Hearts in South Korea.
One of his pieces of advice to listeners is to go to bed an hour earlier than usual, and see how it affects your schedule and attitude. By going to bed earlier, you get up earlier in the morning which gives you more time in the morning to start your day right--whether you pray, meditate, workout, etc.. starting your day right can have a huge impact.
And if you are having trouble finding purpose and meaning at work, Haemin says, “people find it when you are doing something beyond your own self interests. If you are helping other people, no matter how small it is, you see that you are contributing something for the better. The reason why it provides you with the sense of meaning is because from a Buddhist perspective, there is nothing but one interconnected reality. If you just subscribe yourself only in terms of your conceptual thoughts, ideas, then you reside, you live your life mainly from the perspective of your own ego.”
What you will learn in this episode: