Bill Gates, in an interview with Quartz, was quoted saying that Robots that take human jobs should pay taxes.
There are generally only two ways to deal with labor shortages, one is through automation of tasks and secondly improving talent management (recruitment and reducing turnover).
The Koch MBM framework has five “dimensions” that guide decision making processes. The five dimensions are, Vision, Virtue and Talent, Knowledge Process, Decision Rights, and Incentives.
The once a year performance review system is outdated and fraught with issues. As work evolves so does HR processes and thinking, it is time we reimagine HR.
Many Fortune 500 companies use Management by Objectives (MBO) methods to create and promote goal-focused alignment within their organizations. OKR is a version of MBO that has been adopted by many large companies, most notably by Google, Twitter, and Uber.
Gamification for employees promotes desired behaviors, provides a clear path of achievement, and keeps employees motivated and engaged. There are also additional benefits to gamifying work. Gamifying work promotes positive feedback and reinforcement of certain behaviors through use of reward systems.
With Covid-19 pandemic still disrupting normal operations for most restaurants, many restaurant owners need to adapt. Yet, adapting to adversity now might lead to more profits after the pandemic is a fading memory. Pre-pandemic, nearly 60% of households ordered delivery or take out once a week. Traditional restaurants that have dine in or carryout only, might be missing out potential profits. Adding delivery to your restaurant does have some initial costs, but they are limited. However, one thing is certain, now is the time to consider implementing delivery as a part of your business model.
How we work is changing. With the rise of automation and AI is forcing a shift in how we approach work. For businesses this means that there is a push to retrain or “upskill” their workers to retain existing workers, and to help future proof their workforce.