From Cost Center to Revenue Generator How Strategic HR Drives Business Success - Your Career Intel

From Cost Center to Revenue Generator How Strategic HR Drives Business Success - Your Career IntelDoes your next hire already work for you?stets low unemployment rates and skill shortages mean that organizations can no longer rely only on recruitment to fill talent gaps. The ability to identify and deploy people within a companys existing workforce is critical for driving business success. As Deloitte reports in a recent human capital trends piece, internal mobility is not just a nice to have, its a business imperative.To tap into your current workforce talent pool, your business needs a strong partner in HR. Yet many organizations continue to treat HR departments as cost centers rather than revenue drivers. Restructuring HR from a division that exists primarily to monitor compliance to a division that is an independent value generator requires shifting both strategy and mindset.Heres how a strategic HR kollektiv is different and why this approach is key to driving business successTh ey think beyond linear career trajectories.For decades, HR departments thought about their employees professional trajectories in a straight line. Successful employees would systematically work their way up the org chart. Long tenures 15, 20 or 25 years were common. Todays rapidly changing talent landscape brings new realities. A strategic HR team must always be on the pulse of their companys talent. To help reduce turnover, they ensure top performers are engaged and motivated. When employees do leave a position, HR is ready to fill the gap with internal talent rather than scrambling for a new hire.They assemble and deploy talent teams.As employee tenure falls and technology creates new possibilities for remote work, companies may have a mix of full-time employees, part-time remote employees, and expert contractors or consultants. HR considers how to assemble and deploy talent teams that have the required mix of skills, experience, motivation and organizational knowledge to drive project success.They oversee leadership training and talent optimization.High turnover? Stagnant productivity? ansicht problems are not just for a manager to solve. A strategic HR department partners with company leadership to optimize talent deployment and drive business success. For example, this may include establishing programs to oversee leadership development or associate training. Strategic HR teams use technology to measure and assess the effectiveness of their different initiatives so they can continually refine and optimize performance.They marry tactics and strategy.HR has traditionally been home to tactical thinkers focused on compliance and benefits. These tasks are still important, but now they are seen as part of a more significant, strategic effort tied to business success. This holistic view makes it easier to connect the dots between employer branding, employee benefits, talent recruitment and employee retention.Automation, smart technologies and digital transforma tion are reimaging the landscape of work and the pace of change will only accelerate. By working at the intersection of people and business, great HR leaders are uniquely positioned to help your business navigate this changing reality. When company leaders see HR as more than a cost center, they unleash a powerful business ally.

Why Some Companies Are Making Employees Take Standardized Tests

Why Some Companies Are Making Employees Take Standardized Tests Standardized testing is making a comeback in offices across the country. Applicants hoping to fill roles from office assistant to CEO may be asked to complete a timed standardized test as a parte of the hiring process. This isnt the first time standardized tests have shown up in the workplace. In the 1950s, testing upper level management became a trend that died out after many CEOs were unable to pass their own companys test.The Criteria Pre-Employment test company has clients in fields that range from technology to healthcare to financial services. Interview Mocha offers a CEO test that screens candidates who possess the traits of leader, decision maker, board developer, and a host of other specific skillsets.While the tests have been dramatically overhauled since the versions that debuted seventy years ago, testing job applicants has positives and drawbacks.I initially bristled at the idea of standardized testingstudie s have long confirmed college-placement standardized tests favor those whose parents can afford to give them more test prepbut the nature of the workplace test differs. The tests are measurements of attention to detail and cognitive reflection, which mean they measure a persons tendency to override an incorrect gutinstinctand engage in further reflection to find a correct answer, and bedrngnis simply memorization assessments that may be studied for.Business-school professors Steven Kaplan and Morten Sorensen looked at more than 2,600 executive assessments and found brainpower and analytic skills are significant factors in determining who becomes a chief executive officer.This, however, raised the issue of inherent age discrimination since cognitive abilities tend to decrease as age increases. Forms of intelligence like emotional intelligence and general knowledge increase later in life, but these tests do not account for those skills.One of the most compelling arguments in service o f the testing is that it shows the way that people think under stress. For instance, a person who crumbles under the pressure a ticking clock and a sheet full of empty bubbles probably wont hold up too well in the face of a hostile takeover.While testing ability certainly should not be the only factor taken into consideration during the hiring process, it can be a useful tool. Evaluating past experience and formal interviews will not likely become obsolete anytime soon.--Kayla Heisler is an essayist and Pushcart Prizenominatedpoet. She is a contributing writer for Color MyBubble.Her work appears inNew Yorks Best Emerging Poetsanthology.

A History of Resumetemplate Refuted

A History of Resumetemplate Refuted Therefore, if youre a bartender searching for a better job, a Bartender Blank Resume Template can help you a whole lot. Resumes dont need to be boring. They do leid have to take so much of your time but still should not be neglected. They provide the all important first impressions to an employer that an applicant cannot give during the earliest leiter of the application process. Hence, theres no worry regarding availability. There are particular models where the content is organized in kind of a grid pattern. In the event the template isnt in the right format there is not any value of using it. So make sure you modify downloaded files to you get to coincide with your experience accordingly. Google supplies a resume-builder tool which it is possible to utilize to create a professional resume. Microsoft Word or Mac Pages are expected to use templates, as mentioned in the listings. There are lots of free services on the net to assist you compose a really good resume. There are many sites offering free resume template with no watermarks or logos inside them. Creating a Google account is completely free and takes just a couple of seconds. Finally, if you have the job, be on time Its automatic-save feature makes sure that you dont lose your work. Revision History The Google Docs Revision History feature is beneficial for job seekers because it enables you to observe any prior changes which have been made to your Google Docs resume. After you have prepared and submitted your resume to an employer the hope is you will be requested to attend work interview to go over further whether you are going to be suitable. Its simple to alter to fulfill your needs too. The most frequently encountered sort of resume is the chronological resume to your private information listed initially, followed by means of a time line of jobs that youve performed with your latest position listed on top. Zetys resume templates are made w ith the assistance of recruiters and adhere to the best practices in HR. Then it may be time to bring some style to your resume Resume templates are perfect for people who dont possess the skill of producing impressive resumes. Even if youre applying for work that would require jeans, dress up. Dress for the job that you want, not the job youre applying for The Honest to Goodness Truth on Resumetemplate Put the Education section of your resume at the very top of your resume so that its the very first thing the employer sees. There are many free creative resume templates you are able to use, allowing you to focus your energy on everything else you have to do. Its very simple for individuals to discover and complete a resume template, which is exactly why many men and women choose to utilize it. A perfect option for candidates with lots of experience who desire to have a really good one-page resume template.

Sales and Marketing in Investment Management

Sales and Marketing in Investment ManagementSales and Marketing in Investment ManagementTraditionally, absatzwirtschaft and sales have been more or less an afterthought much of the absatzwirtschaft and sales work was performed by investment professionals. This is no longer the case, however, and firms are increasingly building teams of dedicated marketing and sales professionals.Because sales and marketing professionals are typically required to be fluent in all of the investment products, these positions create a great opportunity to learn about the various investment styles that clients demand. This area is a great career opportunity for those who are interested in asset management but dont want to be the investment decision maker. If your goal is to use sales and marketing as a stepping stone to the investment side, make it a point to network early on with investment professionals and prove yourself at your current job before making it known that you want to make the switch, an d work toward developing the quantitative skills needed for the investment positions.Below is a broad description of the positions that exist in the institutional marketing and sales segment.Marketing and Sales Manager Marketing and sales managers are responsible for identifying new clients, presenting the firms investment capabilities to new and existing clients, solidifying new relationships and servicing existing clients. As was previously discussed, institutional clients are demanding. The search process for being selected to manage an institutions assets is rigorous and lengthy it could take up to several years. Asset managers make several presentations, and institutions conduct extensive due diligence.Once an investment management firm is hired, the marketing and sales managers serve in a client relationship capacity. In this role, they arrange semi-annual portfolio reviews, prepare presentations and assure that the proper reporting procedures are followed. Furthermore, m anagers work to broaden client relationships by introducing institutions to additional investment products offered by the firm. To do this, sales managers must be constantly aware of their clients needs. They do this by reading current news about their clients and meeting with them on a regular basis. Additionally, sales managers educate themselves on the various products that clients might be interested in. This is where the marketing managers come in after sales managers identify a clients product need, marketing managers determine how best to present the product to the client. Marketing and sales managers are MBA graduates or those with equivalent experience. Increasingly, many of these managers are acquiring CFA degrees as client sophistication has increased.Marketing or Sales AssociateMarketing and sales associates are typically recent college graduates. The positions are quite similar, although they are traditionally segmented by different types of organization.Marketing associates assist in creating portfolio review presentations and in developing promotional presentations for potential new clients. They are traditionally segmented by investment product type such as equity or fixed income.Sales associates assist in answering RFPs (request for proposals) issued by institutions seeking to hire new investment managers. Additionally, associates assist senior client servicing officials in maintaining and expanding client relationships. Sales associates are traditionally segmented by client type public pension funds, corporate pension funds, endowments and foundations. UppersBroad knowledge of all of the investment products in the marketplaceGreat professional atmosphere for people that like the industry, but don?t want to be the investment decision makerLess hierarchical career path than the investment sideMore entry level jobs than the investment sideLots of client interactionDownersDifficult to jump to the investment sideLimited focus on building q uantitative skillsRepetitive assignments

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U.S. Military Base Profiles

U.S. Military Base ProfilesU.S. Military Base Profiles

A Millennial#8217;s Guide to Maintaining Happiness in Their Career Choices

A Millennial8217s Guide to Maintaining Happiness in Their Career Choices A Millennial8217s Guide to Maintaining Happiness in Their Career Choices Start With Your Life PlanLife plans are helpful guides for thoselooking toward theirbright futures. You dont need to be a supremely organized person to set successful goals. Just consider the followingEducation How long do you want or need to be in school to achieve your professional goals?Finances If working through school is an option, what kind of money-saving tactics can youput into action?Budgeting Living independently while in school is no easy task. How will you budget successfully?Family When do you want to abflug settling down with a loved one? Would you like to start a family someday?Recreation and Pleasure What kind of hobbies do you want to get into? How much time do you need to take off for yourself? What jobs will give youflexible time off, if needed?Sticking to a list of long-term goalscan help stay on track. Once youve cre ated your list,check it twice a year to ensure that youre following through with your plans. It may be a good idea to do one self-check onthe Fourth of July and another on New Years Day, as they are aboutsix months apart.AFew Questions to Ask Yourself During Your Self-ChecksWhat have I accomplished?Am I moving forward in my career?What can I improve?What additional steps can I take tocontinue toward my end goal?Are my values still the same?Should I consider a new career?Checking in on your professional goals can help you give yourself some direction over the coming months. Keeping tabs on these goals is also important in order to prevent yourself from becoming an unhappy or disengaged person. If youfind youre straying from your plans, you can take corrective action before its too late.And if you ever find that your goals no longer align with your happiness, remember the average American will only spend 4.6 years within a given job. Its not uncommon to rethink your path, and its cert ainly never too late to do so.Randall Hansen, Ph.D., writes thatcareer planning should be a rewarding and positive experience. Dont let excuses like I dont have time get in the way of your happy path