by David Hsu and Prasanna (Sonny) Tambe
Hsu and Tambe said they wanted to study the effects of remote work on women and minorities because they are often overlooked in emerging research on remote work. They are also statistically underrepresented in careers in science, technology, engineering, and math (STEM), despite well-established research showing that diversity boosts innovation. Continue reading
by Bjorn Reynolds
A profound transformation in human resources is underway, and it’s being driven by employees’ changing expectations and rapid technological advancements like AI. These factors will redefine how companies operate and connect with their workforce. As we explore the dynamic forces shaping HR practices, here are five key trends set to reshape the landscape.
If 2023 wasn’t the year of AI, 2024 definitely will be. Integrating new tools and projects into operations comes with a lot of enthusiasm, but it can also lead to several challenges. Businesses that rush to implement technologies without a strategic plan risk diving in without understanding the expected outcomes. This leaves the potential for suboptimal results initially, which could dampen the enthusiasm for new ways of working.
You must adopt a “crawl, walk, run” approach and view AI as a means to enhance business processes, improve decision-making and drive innovation. A strong change management plan is critical to successful integration, so your leaders must start with thoughtful adoption and a clear vision of how it can advance company goals.
By setting sound objectives for AI use, you can better guarantee your investment is purposeful and contributes to the overall business strategy. Start small, understand the technology and gradually scale up as you gain confidence and clarity about how AI can benefit your business. Continue reading
By Courtney Connley
When it comes to career advancement, “it’s not always what you know, but who you know,” might be trite, but it’s true. Relationships are key to personal and professional growth.
In fact, more than 80% of women at and above management level said they’ve used networking relationships to join a board, break into the C-Suite, or accept a new job with better pay, according to a 2023 networking study conducted by Chief and intelligence firm Morning Consult
At the first-ever ChiefX conference, New York Times bestselling author, psychologist, and professor Dr. Marisa Franco explained how relationships are essential to everything we do. Quoting psychotherapist Esther Perel, she said, “The quality of our relationships determines the quality of our lives.”
“The most pronounced difference between people who are very unhappy and very happy is their level of connectedness,” said the author of Platonic: How the Science of Attachment Can Help You Make — and Keep — Friends. But as a leading expert in human connection, Dr. Franco also admitted that building solid connections as an adult is sometimes easier said than done. In her conversation with ChiefX attendees, Dr. Franco discussed not only the value of strong relationships, but the three things leaders can do to build them in their career. Continue reading
by Jennifer Dudeck
Middle managers are critical to every business, yet their roles are often unclear, and their training may come last, if at all. And now, in our hybrid world, the role of the manager is changing again. It’s never been more important that companies recognize the critical role their managers play and provide training that aligns with the world we work in today.
As HRE recently highlighted in coverage of its What’s Keeping HR Up at Night? survey, culture remains a top concern for HR leaders, along with employee engagement and retention. Since the chat in a company cafeteria or hallway may not happen as often, the flow of information needs to be more intentional.
As Zahira Jaser, a professor and editor, writes in an HBR article based on two decades of research, managers are likely to “increasingly become channels for relationships, influence and connection.” So, how can HR leaders help managers better fill this role and, in so doing, assist the company?
Clarifying and training middle managers Continue reading
by Anay Nawathe and Shreehari Kulkarni
2024 will see more conscientious cloud investments as enterprises seek to balance continued belt-tightening with AI hype.
Despite an unprecedented slowdown in hyperscaler growth in 2023, cloud spending will continue to be a top consideration for CIOs in 2024. In fact, many of the predictions we made last year still hold true for 2024. Enterprises will continue to choose their deployment models based on the specialized services they offer. Cloud cost takeout and optimization will remain a top priority. And cloud will continue to drive additional hype for tech trends.
With increased awareness of cloud capabilities and increased access to new technologies, enterprises will drive more business value in 2024 by strategically investing in their cloud initiatives. Here are the top three trends to look about for:
