article thumbnail

Predicting the Future, Talent Edition

HRExecutive

According to McKinsey’s 2015 Global Growth Model study, from 2005-2015 there were three times as many workers as retirees. This year we saw organizations understand the real value of minority groups, including women and veterans, and moving forward into 2015 we can expect to see them receive even further attention.

article thumbnail

8 HR Models Every HR Practitioner Should Know in 2023

Analytics in HR

These activities are often measured using HR metrics. These are so-called efficiency metrics. For example, we would rather spend a few days longer on hiring a new employee ( time to hire , an efficiency metric) if this person will be a better fit in the company ( quality of hire , an outcome metric).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Succession Planning: A Full Guide

Analytics in HR

This also means that different groups will get different training. When evaluating succession planning practices, success metrics should focus on outcomes instead of process, according to Goldsmith. Turnover in the leadership talent group is less disrupting but still very costly. This is the group that is extensively trained.

article thumbnail

Succession Planning: Essential Guide for HR

Analytics in HR

Different people and groups might start competing for dominance. The succession planning model depicted below is an adaptation of Groves (2005) , who proposed an integrated leadership development and succession planning model. Turnover in the leadership talent group is less disruptive but still very costly.

article thumbnail

The S.E.C. Makes History With a Major New Rule on Human Capital

Thrive Global

What employee will go to work for an organization that refuses to share its key human capital metrics… Today, you can say you didn’t know. Included in the report’s own suggested metrics are work-life balance; talent recruitment, retention, and turnover; and employee engagement and empowerment. Vance writes. Change is coming.”.

article thumbnail

Corporate philanthropy: A higher level of social responsibility?

Thrive Global

Mark Kramer, Cathy Olofson and Michael Porter agreed that CSR reflects a company’s capacity to manage its business responsibly before society or interest groups. If your company has metrics on its corporate social responsibility activities and you want to take it to a level of corporate philanthropy, what do you need to do?

Metrics 51
article thumbnail

Corporate Social Responsibility: Why It Matters & How To Do It

EverFi - HR

Michele Buck became Hershey’s first female CEO in 2017 after joining the company in 2005. Following Hurricane Katrina in 2005, Cisco converted its military support division into a humanitarian mission. Executives should focus first on metrics that relate directly to a CSR program’s performance.