Quits are up 7 employee retention strategies your company must have

Share to Twitter Share to Linkedin Mentorship programs have become an increasingly popular resource as organizations recognize the value of employee development. What should companies consider when establishing mentorship relationships to help employees grow and succeed? Mentorship relationships happen naturally within any professional setting when someone with more experience (the mentor) offers valuable insights to someone with less experience (the mentee). But establishing formal mentorship programs adds the structure and consistency necessary for long-lasting and positive outcomes. Examples of Mentorship Programs With the right mentorship program, organizations can foster collaborative environments that benefit mentors and mentees. Which mentorship relationship is suitable for your organization’s needs? Traditional Mentorship is a one-on-one relationship where more experienced employees partner with those who need support. Reverse … [Read more...] about The Power Of Mentorship: How Mentors Can Help Employees Grow And Succeed

Share to Twitter Share to Linkedin Lakshmi Raj, cofounder and co-CEO of Replicon , a time intelligence company. While traditionally separated by floors and organizational structures, human resources (HR) and information technology (IT) are now playing a more critical role in each other’s daily operations, especially in the digital era of business. Hiring new employees and managing existing workforces based on the demand for skills is increasingly a coordinated effort between the two departments. The HR department now relies on advanced resource management solutions to better manage hiring and reskilling programs, while the IT department collaborates with HR teams to implement solutions that enhance employee experience. This has reemphasized the need for HR and IT teams to be more aligned than ever before. Data silos have existed, but can that continue? HR and IT departments have arguably been two of the most collaborative departments in any … [Read more...] about The Connected Employee Experience Requires HR And IT To Be More Aligned Than Ever

Share to Twitter Share to Linkedin In the pompous language that so distinguishes all acts of public administration in Italy, this is the name given to the special Plan that, thanks to a generous injection of European funds, should heal the wounds caused by Covid and, above all, allow Italy to relaunch and definitively modernize. The Plan is an ambitious one, the resources are huge (235 billion combining European funds and Italian contributions), the opportunity is unique. Its declared aim, to be achieved through a series of interventions including public works, regulatory adjustments, and so on, amounts to three “transversal priorities”: equality of gender, of territory and of generation. In other words, aside from the pomposity of the language, the intent is principally to reduce the economic and social gap between the North and South of the country in order to favor the entry of women and younger people in the job market. The voluminous NRRP document also … [Read more...] about NRRP: The Italian National Recovery And Resilience Plan

Share to Twitter Share to Linkedin A biased bid selection process represents one of the biggest threats for procurement officials. Such bias leads to a bad selection decision for a government contract, wasting taxpayer money. Moreover, it may lead to a procurement bid protest. The Government Accountability Office (GAO) put out a report in 2017, which found that a “flawed selection decision” was one of the top four reasons for successful bid protests - and over 22% of bid protests succeeded that year. So how should procurement officials protect their procurement selection process from bias? Doing so requires a basic grasp of behavioral science research on cognitive biases and how to defeat them . What Do Lawyers Working on Bid Protests Say About Bias? In 2021, the US Congress commissioned a bid protest study at the Defense Department referencing the work of Dr. Christopher Yukins , a professor of procurement law at the George Washington … [Read more...] about Prevent Costly Procurement Disasters: 6 Science-Backed Techniques For Bias-Free Decision Making

Share to Twitter Share to Linkedin By Satta Sarmah Hightower Identity theft can upend someone’s life, both financially and emotionally. It’s a reality facing customers daily. Someone becomes a victim of identity theft every four seconds , reports the National Council on Identity Theft Protection. With increasingly sophisticated cybersecurity threats on the rise, companies have a responsibility to protect their consumers—and a big opportunity to deepen trust and loyalty if they get it right. To help businesses navigate this, we talked to Erik Nienaber, CTO and head of product at Iris Powered by Generali , a leading provider of identity and personal cyber protection solutions for businesses to offer to their customers. Below, he shares five tips to help companies bolster identity protection efforts and ultimately enrich the customer experience, build trust and boost business outcomes. 1. Assess Your Plan What’s your company’s approach to … [Read more...] about This Cybersecurity CTO Shares 5 Tips To Better Protect Your Customers

Share to Twitter Share to Linkedin The arrival of Software as a service or SaaS platforms may have started with Salesforce.com in 1999, but the business model has reached near ubiquity today. Yet the challenge for creating in-house the underlining systems that manage multi-user logins and security for it remains for many SaaS app developers. Sagi Rodin encountered the same challenge while working as a software engineer for the Israeli-based Check Point Software, one of the world’s most innovative and largest security companies. For each new application he worked on, he had to build from scratch the customer identity and access management application (CIAM). So he decided to leave Check Point to solve the problem. Founded in Israel in 2019 by Sagi Rodin, CEO and Aviad Mizrachi, CTO, Frontegg is a platform that supports app builders by covering all aspects of authentication from single-sign on to complex, multi-tenancy authorization, API-token management … [Read more...] about Sagi Rodin Creates Frontegg Customer Management And Identity Platform For SaaS App Builders

Share to Twitter Share to Linkedin Christine Tao is CEO & Co-Founder of Sounding Board , helping companies grow their leaders through scalable, personalized leadership coaching It’s rough out there right now. Boards and investors are pressuring companies to tighten their belts, leading to massive layoffs across the tech industry and beyond—nearly 125,000 employees were laid off last year, according to Forbes’ layoff tracker , and the totals for 2023 keep growing each week. In 2009, I was laid off from Google during the "Great Recession.” I went from landing my dream job to the very real possibility of moving back into my parent’s house, along with a mountain of student debt. At the time, I was crushed, but ultimately, this unexpected turn of events is what led me to co-found my company, Sounding Board. I know stories like mine can feel flippant to those who are experiencing the very real challenges and hardships associated with the … [Read more...] about How To Alleviate The Middle Manager Squeeze During A Restructuring

Share to Twitter Share to Linkedin Michael Saylor’s new job looks a lot like his old job: adding bitcoin to the balance sheet of his business-software company with religious fervor. “I'm a bitcoin maximalist, I happen to believe that bitcoin is an instrument of economic empowerment, it'll be beneficial to eight billion people,” Saylor told Forbes in an interview. “I also happen to believe that bitcoin is unique,” he continues, because of “the Immaculate Conception, decentralization, and its commodity status. All of these things make it the superior asset in the space.” The Immaculate Conception he means is the founding of bitcoin, as explained in a 2008 white paper by one or more people using the name Satoshi Nakamoto. Saylor stated that bitcoin is the only crypto asset which is truly decentralized and without an issuer. He backs bitcoin as a corporate investment in part because he believes there is regulatory agreement among U.S. regulators that bitcoin … [Read more...] about Bitcoin ‘Maximalist’ Saylor Makes Crypto His Only Job