fistful of beans, blog, Toby Elwin

Fistful of beans 01/12/2011

Five things I’ve seen, read, or thought might seed results:

1. New Year, New Measurement Challenges — Talent Management Magazine

Measuring talent management effectiveness requires knowing the answer to questions such as “Is the organization attracting better quality applicants?” or “Is the organization retaining its most productive employees?”

While relatively few organizations measure the effectiveness of talent management, there are positive correlations between high-performing organizations, specific measures, and measurement practices that could and should be approached.

2. Testing, Testing:  The New Innovation Game — CFO Magazine

A look at how an MIT view at Harrah’s partners to use mass-experimentation with information-technology advances to allow more precise experiments and measurements.  What does a culture that encourage number crunching and marketing to join the CFO and an information-technology backbone to enable analysis that connects the dots among various sources of information — primarily the company’s general ledger, player-rating system, customer-satisfaction scores, and management system — might look like.

3. Successful Strategic Planning — strategy+business Magazine

The best strategic planning promotes outside-the-box strategic thinking that is backed up by rigorous analysis. Today’s business environment, with pervasive uncertainty and faster, cheaper, better mantras creates strategic planning challenges with the number of variables and range of possible outcomes different scenarios provide alternative thinking and structural stress tests for your organization thoughts.

Great tips to throw to your planning process and to your planning team members.

4. What HR and Recruiting Can Learn From Groupon — The HR Capitalist blog

Your job postings are part of your company’s marketing strategy. If your company writes the same generic job or position post that everyone else has for a similar position you can not only find yourself ignored in the job market, but both your position and your company may not get noticed and, more importantly, get shared, like the viral success business model of Groupon.

5. The Rise of the New Global Elite — The Atlantic

This article is interesting on a couple levels:  cultural cross-section and the globalization of the wealthy. The rich of today are also different from the rich of yesterday. Our light-speed, globally connected economy has led to the rise of a new super-elite that consists, to a notable degree, of first- and second-generation wealth.

This group of hardworking, highly educated, jet-setting meritocrats feel they are the deserving winners of a tough, worldwide economic competition—and many of them, as a result, have an ambivalent attitude toward those who didn’t succeed as spectacularly as they did.

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