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5 steps to kick-start your succession plan via your org chart

Insperity

When used properly, it’s a living document that you can leverage as a powerful workforce-planning tool. It helps you make staffing decisions that spur growth, including those involved with succession planning. Let’s explore the link between your organizational chart and succession plan. Why you need a succession plan.

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How to capture institutional knowledge

Insperity

When your employees stay in the same role for extended periods, they accrue institutional knowledge – or information and understanding about the systems, relationships and tactics that make your company run optimally. That is, unless you have a system for regularly capturing institutional knowledge. Succession planning.

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How to increase employee engagement from the top down

Insperity

Before you start looking for a new business solution or industry buzzword, reach out to your managers first. Another Gallup report states that businesses with engaged workers have 23% higher profit compared to those with unhappy employees. Make the best of difficult situations: Instead of casting blame, they seek solutions.

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The Biggest Cyber Threats to Law Firms

Embroker

In fact, businesses are 67% more likely to experience a cyber incident than a physical theft, according to InfoSecurity Magazine. Read our 2023 Cyber Risk Index Report to find out what businesses are worried about, how they’re protecting themselves, and what the future holds. Are you prepared for cyber risks?

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10 Tech Tools to Use for HR Professionals

Digital HR Tech

In a recent interview, I was asked the question: “What tools and technology do you use at the HR Trend Institute? I think I could probably do what I do in Trello (see number 10) in Asana too, but for my agile project planning, I like Trello better. Costs: I use the premium plan for EUR 6,99 per month.

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Attrition versus turnover: What’s the difference and why does it matter?

Insperity

To find the average number of employees in the reporting period, you simply add the total number of employees on the first day of the reporting period with the total number of employees on the last day of the reporting period, then divide by 2. percent in the reporting period. Create a plan to manage attrition wisely.

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Under Pressure to Innovate Reprioritizes Insurer Plans

ClaimVantage

There are all kinds of examples of “pressure cookers” that are driving innovation and they are proving how organizations with foresight are solving issues with rapid planning and prioritization. Last week, Majesco released its latest thought-leadership report, Strategic Priorities 2021. Take for example Instant Pot. Then consider GM.