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Corporate Entrepreneurship: Turn Irony into Opportunity

 

Not too long ago, a business professor friend invited me to address a luncheon of university students enrolled in his class on entrepreneurship. I was honored to have been asked, but not sure I was the right person for the task.

“Your students would be better served by a high-tech entrepreneur half my age,” I told him.

“They’ve already heard from entrepreneurs,” he said. “I want you for balance. My class needs a perspective on entrepreneurship within the corporation — if that really exists.”

I went in assuming his students believed corporate management and...

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Dealing With Death in the Workplace

 
“Call me ASAP.”
 
It was Monday morning and I had just finished a meeting while getting settled on a trip to St. Louis when I received that text. It was from the head executive of the group I support in Chicago. As I dialed his number, a few things went through my mind. Either somebody resigned or there was an urgent employee relations issue, but nothing prepared me for what I was about to hear. One of our employees had died.
 
About 15 seconds had passed before I could even say a word. In that time, I...
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#Nextchat: Workforce Fluidity


 

Is your organization “going with the flow” of the ever-evolving workplace or becoming stagnated by outdated talent strategies?  

The new world of work is responding to societal changes and sociocultural shifts by breaking down traditional barriers in the workplace and empowering employees to bring their whole selves to work to become more than a profession, title or job description.

As a vice president of human capital management (HCM) innovation, it only makes sense that Cecile Alper-Leroux is always studying the trends and workforce movements that are changing the workplace.

In one of...

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A Prescription for Soaring Drug Costs


 

Examining and renegotiating pharmacy benefit management contracts can help trim drug spending
 

This past fall, drug maker Turing Pharmaceutical made headlines for abruptly raising the price of one of its drugs 4,000 percent, from $13.50 to $750 per tablet. News of the astronomical increase sparked a media and social media firestorm. Provider groups, pundits and consumer advocates took Turing (and, by association, the pharmaceutical industry) to task, with some citing the proposed increase as evidence of the need for consumer protections against excessive pricing.

For employers, however, soaring drug costs...

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Developing the Next Generation of Leaders

What do HR leaders need to know about developing the next generation of leaders? On a macro level, HR leaders need to understand two critical trends in the global workforce: the great generational shift and the rising global youth tide (the second wave Millennials). On a micro level, HR leaders need to focus on three key strategies: 1) staffing and succession planning at every level; 2) high-potential identification, retention and development; and 3) training and support for newly promoted leaders. 

The Great Generational Shift in the Global Workforce

There is a "Great...

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Student Debt: The Biggest Hurdle on Your Employees’ Path to Financial Wellness

 

      

Millennials. Albeit overused, it’s the word that keeps HR professionals up at night. How to hire them, how to engage them and how to retain them. As a fellow millennial as well as Vice President of People, I have found myself in a precarious position. On one hand, I’m acutely aware of what Millennials need and want to thrive in a work environment because, often, they are the same things I need and want. But I also understand how difficult it can be to build...

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Don't Reinvent the Wheel: 3 HR Insights from the World’s Most Resilient Culture

 
 
Have you ever sensed that, when it comes to getting humans to work together effectively, many “innovative” HR solutions do nothing but imperfectly reinvent the wheel?
 
If so, you’re in good company. Garry Ridge is president and CEO of WD-40 Company. My passion is workplace culture building, and I interviewed Gary about how he transformed WD-40 into a global brand through getting back to basics about human behavior and culture.
 
For Garry, a native Australian, “getting back to basics” meant studying tribal cultures. Specifically, he researched the culture...
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Being Unemployed: Is It As Bad As You Think?

 

They say that the hardest work in the world is being “OUT OF WORK.” Being unemployed is one of the worst nightmares one can think of. Specially, in such a competitive era where everyone is trying to excel and move ahead. You might feel like you’re useless and all the efforts that you put into your education and prior experience is going nowhere BUT, is being unemployed really a bad state? After my personal experience of going through this phase of life, my answer is NO!

Being unemployed is clearly not an ideal state one would ever want to...

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13 Tips for #SHRM17 Conference Attendees

 For those of us in the human resources profession, the SHRM Annual Conference is approaching. This year’s event will be held June 17-21, 2017 in New Orleans. I’m really looking forward to the event. It’s an opportunity for me to see fellow bloggers that I interact with on Facebook and people that I worked with as a SHRM volunteer.

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Why Favoritism is Hurting Your Small Business

 
 
As much as we all know we shouldn’t, we do in fact, play favorites. The most experienced among us do not let it interfere with our work in a major way. But the reality is, deep down, there are those on our team we like better than others and if given the chance we will give preferential treatment. Even if that preferential treatment only amounts to the biggest slice on pizza Friday.
 
For others though, favoritism is a bigger problem. I find favoritism is more rampant in smaller businesses,...
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