'Culture is how people behave when no-one is watching’. That was the definition used by Bob Diamond, the Chief Executive of Barclays Bank. Under his tenure, Barclays’ employees were found to be rigging the LIBOR rate for which the bank was fined £290mn. I doubt Bob knew that this was going on but he has to take some responsibility for creating a culture which allowed this to happen. It is an example of how the ‘win at all costs’ mentality can have disastrous consequences.
There is some form of management reality beyond the “100 days” journalistic cliché: How does an incoming executive make an impact in a new role? What are the real timeframes to look at? What can be expected, and over what horizon? What are the key issues that should raise a red flag during the first few months in a new senior position? and those which can be ignored? Those are the themes we will be exploring in this new series around the specific role of the CISO.
The Person, the Role and the Culture of the Firm
Our workplaces have gone through some seismic changes over the past few years and the pace of change doesn’t look like it’s slowing down anytime soon. From the invention of email sometime in the 1960s or 70s (depending on what story you believe) to instant messaging, social media, and now, artificial intelligence. We’ve come a long way since the Mad-Men-esque days of typewriters and switchboard operators.
The introduction of artificial intelligence (AI) technologies into the world of HR and recruitment is not just an idea anymore, it is a reality. Neural networks, machine learning and natural language processing are all being introduced into different areas of HR.
These developments contribute to the function’s increased accessibility to data-driven insights and analytics, enabling better-informed people decisions.
Skills shortages across Europe have been making headlines for the past few years, but since the result of the Brexit referendum, the issue has really been thrust into the spotlight.
When it's white, windy and cold outside what do you do? I think it’s a great time to S.O.U.R.C.E for top-talent. Here are some of my quick-tips:
S - Simplify your approach & your in-mails. Lead your email with, “It’s cold out today, but this opportunity it Hot! Let's chat!”
O - Open your mind to other ways, tools, and means to reach your talent pool. “Have you thought of everything?” #twitter #googlesearch #coldcall #instagram
Maybe not right away. It is highly likely that your initial investment will not be on building an HR team. However, if you are looking for success, there are some things you must pay attention to in the early days. Success for a startup can range from wanting to be acquired by a larger organization, wanting to turn profitable in ‘x’ years or grow in size or offerings. Whatever your definition of success, do not forget to keep your eyes on some basics.
1. Build a vision statement
Recruiting trends more often than not slip out from my circle of interest. To be vocally self-critical, I find myself either skimming over these or straight out ignoring them. However, when earlier this year, Sundar Pichai announced Google for Jobs, I had to sit up and take notice. It intrigued me not because of the smart machine-learning trained algorithms (that has been around long enough) but because when Google gets involved, things change.
Amongst others, the written CV, the email, and then Linkedin, all disrupted recruitment methodology and process. Now video technology will be the next game changer for the recruitment industry.
There is no doubt.
Video is proliferating as a mainstream communications method both at home and within organisations, it is a matter of time before it becomes a mainstream recruitment tool.
Here are 5 reasons why: