Talent
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The emphasis on diversity, equity and inclusion (DEI) in the boardroom is shaping up to be a permanent reframing of all that boards do and, more broadly, how companies approach corporate governance writ large. Though this emphasis has been steadily increasing over the past several years, the events of 2020 have accelerated ongoing discussions and…
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Maintaining Diversity & Inclusion During Workforce Reductions [Russell Reynolds Associates]
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2 min read
The COVID-19 pandemic has been incredibly disruptive to organizations, with many having to make the difficult decision to reduce their workforce as a result of lost revenue. Companies that are going through layoffs have to contend with a multitude of complicated issues, and often neglect to take into consideration the impact those actions will have…
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Many observers have been vocal in their perception of a decline in director quality in recent years. According to the 2019 PwC Corporate Directors Survey, 49 percent of US directors say one or more fellow board members should be replaced, and 23 percent say two or more should go. These numbers are up from both…
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“Are You Coachable?”: Lessons from a Trillion Dollar Coach [Russell Reynolds Associates]
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2 min read
For many leading Silicon Valley executives, Bill Campbell was a not-so-secret weapon—a trusted advisor who made them household names, even if his own name was virtually unknown outside the Valley. Campbell—who passed away at age 75 in 2016—was a successful college athlete turned professional football coach, first at Boston College, then at Columbia University. After…
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General Electric builds a lot of things — including leaders. Since GE’s 1892 founding in Schenectady, New York, almost every single GE CEO has spent all, or virtually all, of his career at the company. As the conglomerate has grown across continents and industries, it has repeatedly been able to develop leaders with diverse skills…
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Uniquely Human: Talent Implications of Technological Disruption in the Workforce [Russell Reynolds Associates]
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1 min read
Few changes in the world have created more uncertainty in the workplace than the recent, seemingly sudden advancements in automation and artificial intelligence. The media headlines can be dire: Vikram Pandit, previously the head of Citigroup, has predicted that technology will eliminate up to 30 percent of banking jobs in the next five years. A…
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Career Crossroads: The Talent Migration from Finance to Tech [Russell Reynolds Associates and the Toigo Foundation]
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2 min read
By all accounts, the career paths of today’s professionals are dramatically different from the generations prior. Shorter tenures, an expectation of freedom and flexibility in work arrangements, a desire for tighter alignment between personal values and an employer’s mission are clear and defining differences of today’s workforce. But there’s more to the story around employment…
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Ready. Set. Lead. Preparing New Public Sector Managers to Lead [Harvard Business Publishing]
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1 min read
New managers matter. They’re on the front lines with your workforce, your stakeholders, your customers, and your fellow public servants. They have tremendous potential. And some of them will become your organization’s future executives. In tapping these employees for the managerial ranks, your organization is recognizing this. But while you’ll be relying on your new…
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New managers matter. They’re on the front lines with your workforce, your customers, your competitors, your markets. They have tremendous potential. And some of them will become your organization’s future executives. In tapping these employees for the managerial ranks, your organization is recognizing this. But while you’ll be relying on your new managers to take…