If you’re among today’s HR leaders, there’s a good chance you manage millennials. Two years ago, millennials became the largest generation in the workforce and their ranks haven’t stopped swelling since. And they have earned a notorious reputation of being workaholics and job hoppers. A recent study by Deloitte reveals 43% plan to leave their jobs within 2 years, and only 28% are looking to stay beyond 5 years.
A majority of the products in the HR Tech history have for long been huge and bulky HR management systems with a recent upgrade of the cloud. Studies showing correlation between an engaged workforce and a highly productive and efficient culture has encouraged progressive HR leaders around the world to utilise technology to engage their employees.
If you had been following the ride-hailing giant (valued at $70B) recently, you’d be aware of the turmoil it’s went through. From Susan Fowler’s blog post complaining about sexual harassment and an environment rampant with sexism and discrimination, multiple lawsuits, top executives leaving and finally CEO’s leave of absence leading to a resignation, Uber has been all over the news because of its notoriety.
Some time ago, Heinz had decided to take the talent and creativity displayed by its workforce seriously as it really was the most unused asset in any company. The improvements suggested was worth $250 million a year. Immersed in strategies and innovation we forget to ask ourselves a very basic question...
Why do some well funded/big companies miss business targets? Companies tend to focus 80% of their analytics effort on analysing “Historic Indicators” versus identifying “Leading Indicators” to grow business. This is biggest mistake I see with respect to how some companies leverage analytics.
Over the years, this was a question we were asked frequently by our customers. We finally reveal the big secret behind naming our product ‘Amber’.
One Monday morning, right when the coffee machine was booting up, our alert and monitoring system went way out of whack! Amber’s systems were almost at the brink of crashing. Unlike us, she doesn’t take the weekends off and high performers like her are always at the risk of burning out.