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☆ Chief transformation officers join the C-suite to drive innovation at speed
▼ + stars: | 2024-11-20 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +7 min

As companies across the US confront complex challenges that require overhauling strategies, reimagining business models, and adapting workforce dynamics, many are appointing chief transformation officers to drive these changes. The core figures, including the CEO, the chief operating officer, and the chief financial officer, focus on delivering quarterly results. Being a chief transformation officer, Jesuthasan said, is akin to "building the train while you're driving it down the tracks." AdvertisementBrandon Batt, the chief transformation officer at Quadient, a company focused on digital transformation, knows this all too well. Kinney recently wound down her role as chief transformation officer at Wex.

Persons: Kristy Kinney, Kinney's, Kinney, Alicia Pittman, Pittman, Ravin, Mercer, Jesuthasan, They're, Brandon Batt, Batt, Chengyi Lin, Lin, it's, Gartner Organizations: Boston Consulting Group, Boston Consulting, Organization Locations: Portland , Maine

With evolving workplace priorities, the Workforce Innovation board also predicted which new roles might emerge in the C-suite, including "chief transformation officer" and "chief experience officer." AdvertisementTim Paradis: We've seen new C-suite roles emerge in recent years, like chief AI officer and chief ethics officer. Then, while there is a "chief AI officer" role that's picking up, there is also a lot of focus on automation. Pittman: I think that a lot of these roles — whether it's chief diversity officer, chief risk officer, chief digital officer — are really about building new competencies that are not widely spread. AdvertisementThe number of companies naming chief transformation officers grew about 140% over the last couple of years.

Persons: Maggie Hulce, Julia Hood, Alicia Pittman, Neil Murray, that's, Kenon Chen, Anant Adya, everybody's, Justina Nixon, Saintil, We've, we've, Borgonovo, Tim Paradis, Nixon, It's, Pittman, Chen, isn't Organizations: Business, Workforce Innovation, Boston Consulting, Clear, Infosys, IBM, Saintil, Mastercard

☆ Leaders from BCG, Infosys, AARP, and more predict how AI will transform top companies in the next 12 months
▼ + stars: | 2024-10-04 | by ( Julia Hood | Tim Paradis | ) www.businessinsider.com time to read: +17 min

During a virtual roundtable, we asked Business Insider's Workforce Innovation board to tell us how AI would transform companies over the next year. How will the most innovative companies be transformed by AI over the next 12 months? Last year, we had an AI challenge across the company, and a huge percentage of our employees participated. There are a lot of different points of view on what AI will and will not do and how quickly. And that the promise we think AI is going to deliver will probably take longer than we think to come to fruition.

Persons: Tim Paradis, Vinod Khosla, Khosla, upskilling, Justina Nixon, Nixon, Saintil, AARP's Marjorie Powell, Powell, Chris Deri, Anant Adya, Marjorie Powell, Alicia Pittman, We've, We're, It's, coder, Maggie Hulce, Salesforce, what's, Chen, we've, Weber, everybody's, Anant, Shane Koller, Tipton Organizations: Sun Microsystems, Weber, IBM, Saintil, Infosys, AARP, Boston Consulting, Clear, Federal Housing Finance, Street Locations: Dreamforce, San Francisco, Tipton

Business Insider checked in with four major firms — Boston Consulting Group, Ernst & Young, McKinsey, and PricewaterhouseCoopers (PwC) — for insights into what they might be looking for in prospective employees. AdvertisementWhat kinds of roles are consulting firms hiring for? Consulting firms often hire for a range of positions. Rod Adams, talent acquisition and onboarding leader at PwC, told BI that the company is hiring consultants, engineers, accountants, and tax professionals, among other roles. Consulting firms often say there isn't one specific background or set of skills they look for.

Persons: —, isn't, Ernst & Young, Ernst &, Alicia Pittman, Pittman, Ernst, Young, Rod Adams, who've, PwC, Adams Organizations: Service, McKinsey & Company, Business, Boston Consulting Group, Ernst, Ernst & Young, McKinsey, PricewaterhouseCoopers, Consulting, BI

☆ 'They want out': This company helps Americans experiment with expat living
▼ + stars: | 2024-07-03 | by ( Jennifer Liu | ) www.cnbc.com time to read: +8 min

She recently went on a 10-day scouting trip in Portugal with the travel group Expatsi. McGowan was part of the inaugural trip from Expatsi, a company that helps Americans move abroad through community groups and weeks-long guided scouting tours. The choose-your-own-stay model can help foster a stronger sense of community among the travel group. Expatsi hosted 30 Americans for a 10-day trip to Portugal and 12-day trip to Spain in May. She says she's still friends with some of the people she met while on the scouting trip while exploring on her own and thrift shopping — her hobby and side hustle.

Persons: Ikiah McGowan, McGowan, Joe Biden, Donald Trump, It's, Jen Barnett, Expatsi, Masha Sutherlin, she's, I've, She'd, that's, Barnett, Austin Organizations: CNBC, Google, Black Locations: Austin, Portugal, Expatsi, Spain, U.S, Malta, Guatemala, Colombia, Tiktok, Deel, Lisbon

☆ Tech startup Jellysmack laid off staffers in the US and France last month. Read the memo its CEO sent to employees about the restructuring, which includes a focus on AI.
▼ + stars: | 2024-01-19 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +7 min

The creator economy startup Jellysmack laid off staffers in the US and France last month, Business Insider has learned. Jellysmack works with creators on distributing their content across platforms like Facebook and Snapchat to earn additional ad revenue, among other initiatives. We have to realign our resources around areas of the business where Jellysmack is seeing the most success. We encourage everyone to support impacted employees by reaching out to your networks to help our colleagues find their next opportunities. Jellysmack Technologies - Led by Robin (interim), this unit will continue to develop self-serve tech solutions that solve the pain points of creators.

Persons: Jellysmack, Snapchat, Michael Philippe, Philippe, Michael Philippe ,, What's, Sean, Axel, , Robin, Michael, Swann Organizations: Business, Facebook, BI, CSE, Works, Our, Jellysmack, Network Media Locations: France, French

☆ Jack Dorsey tells Block employees he's ending performance reviews, PIPs in favor of 'parting ways immediately'
▼ + stars: | 2023-11-21 | by ( Kali Hays | ) www.businessinsider.com time to read: +7 min

He also named Dhanji Prasanna, a longtime Block employee and its chief scientist, as the company's new CTO. Going forward, Block will rely on constant evaluations of workers to get past a perception that Block allows staff and managers to "'rest and vest' throughout the company," Dorsey wrote. "It's a lazy and often surprising approach that we can avoid with direct and consistent feedback," Dorsey said of PIPs. "We want to help everyone achieve excellence here at Block," he added. Excellence in service to our customers, excellence in our craft, excellence in our respective disciplines, and excellence to each other.

Persons: Dhanji Prasanna, Dorsey, There's, doesn't, I've, Dhanji Organizations: Business, Block Locations: Fe

☆ Jack Dorsey tells Block employees he's ending performance reviews and PIPs in favor of continuous evaluation: 'It's way too heavy for everyone involved.'
▼ + stars: | 2023-11-21 | by ( Kali Hays | ) www.businessinsider.com time to read: +7 min

He also named Dhanji Prasanna, a longtime Block employee and its chief scientist, as the company's new CTO. "It's a lazy and often surprising approach that we can avoid with direct and consistent feedback," Dorsey said of PIPs. "We want to help everyone achieve excellence here at Block," he added. "That ensures we can have a fair two-way conversation holding each of us accountable to always raising the bar," Dorsey said. Excellence in service to our customers, excellence in our craft, excellence in our respective disciplines, and excellence to each other.

Persons: Dhanji Prasanna, Dorsey, There's, doesn't, I've, Dhanji Organizations: Business, Block Locations: Fe

☆ Flexport will lay off 20% of the company starting Friday, leaked memo says
▼ + stars: | 2023-10-12 | by ( Madeline Stone | ) www.businessinsider.com time to read: +6 min

Insider first reported on September 7 that Flexport was planning layoffs , the day after its former CEO Dave Clark departed. Team,Today I have a difficult decision to share: We will reduce the size of our global team by approximately 20% with the process starting tomorrow, Friday, October 13. We will also maintain a small team of dedicated recruiters to help departing Flexport employees look for their next opportunity. This team will work closely with over 300 companies that have expressed an interest in hiring departing Flexporters to match opportunities with impacted employees. We see endless opportunities for technology to improve on-time performance and reliability, upgrade compliance processes, and save businesses money in their global supply chain.

Persons: Flexporters, Flexport, Dave Clark, Petersen, You'll, we'll, Ryan Organizations: Street, Team, People, Employees Locations: U.S, Canada, Europe, Africa, Asia

☆ Mark Zuckerberg and Priscilla Chan's charity organization is making a major change in strategy after laying off 48 people. Read the leaked emails.
▼ + stars: | 2023-08-10 | by ( Kali Hays | ) www.businessinsider.com time to read: +9 min

The Chan Zuckerberg Initiative conducted layoffs this week, in a major blow to its education team. However, the cuts were entirely focused on employees in tech and grantmaking in CZI's education department, a core pillar of the organization's since its founding. As part of the changes, two leaders in CZI's education work are leaving their roles. While today's announcement most directly impacts our Education teammates, I know we are all affected regardless of where we sit in the organization. I am grateful for all of our Education teammates, past and present, whose contributions made our accomplishments to-date possible and carved our path forward.

Persons: Chan Zuckerberg, Priscilla Chan, Mark Zuckerberg, Zuckerberg, Chan, Brooke Stafford, CZI's, Dakarai Aarons, Sandra Liu Huang, Huang, CZI, Slack, Brizard, Brooke, Dakarai, Sandra, Priscilla Organizations: Chan Zuckerberg Initiative, Meta, CZI, Facebook, Education Policy Center, University of Colorado, Education, People Team Locations: Meta, Boulder

Diego Calva as Manny Torres with Brad Pitt as Jack Conrad in "Babylon." Scott Garfield / Paramount PicturesCalva as Manny Torres with Margot Robbie as Nellie LaRoy in "Babylon." Scott Garfield / Paramount Pictures“For Manny, movies are like the door for a bigger universe, for a bigger opportunity,” he said. Calva as Manny Torres in "Babylon." Looking back at the history of silent film, Calva pointed out the contradiction of how talking movies also silenced the voices of people in the industry.

Student loan debt has become such an issue that the Biden Administration has been attempting to cancel up to $20,000 in student debt per eligible borrower and has continually extended the student loan repayment pause. Ways employers are currently assisting with student debt management"Employers are increasingly offering student loan contribution plans as a direct way to help borrowers pay down student loan debt," Scruggs says. How other employers can help employees manage student loan debtOne of the simplest and most affordable ways employers can help employees is to share information on what employees need to know about their student loans. "There are many ways to help employees manage and pay down student loan debt. However, note that if you refinance federal student loans you'll lose federal protections, like the current student loan payment freeze and potential student loan forgiveness.

☆ 6 red flags a company isn't what it seems — and you probably shouldn't take the job
▼ + stars: | 2022-11-26 | by ( Susan Johnston Taylor | ) www.businessinsider.com time to read: +6 min

Several experts told Insider what red flags indicate a company may not be great to work for. No matter how appealing a job sounds on paper, if you come across these six red flags when interviewing at a company, it might be best to pass it over for a better opportunity. The job description is vagueEven for a brand-new role, the hiring manager should have a clear picture of what it entails. They're being cagey or defensive around compensationThe last thing any job seeker wants is to interview multiple times for a job without knowing if the pay meets their expectations. "If a company won't accommodate, that's also a red flag," Monaghan said.

☆ Jobs that show salary ranges: Pay transparency and work culture
▼ + stars: | 2022-11-04 | by ( Angela Yang | Angela Yang Is An Intern For Nbc News Digital. | ) www.nbcnews.com time to read: +8 min

Having focused on this work for nine years, she said what’s happening now with pay transparency will most likely mirror what has happened with remote work in recent years. But as the practice of pay transparency becomes more common and less of a novelty, choosing not to disclose salary ranges will be seen as out of the norm. Melanie Naranjo, who heads its "people team," said the company weighed common employer concerns before deciding that the benefits of salary transparency would outweigh any costs. He said listing salary ranges will help candidates better understand the value of their role, too. I think all of these future-of-work conversations are related, and a lot of these issues can be solved through pay transparency, but also pay flexibility.”

☆ An HR leader shares how he's used transparency throughout the pandemic to combat anxiety and uncertainty
▼ + stars: | 2022-03-28 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

Dave Carhart, vice president of people at Lattice, said the pandemic created new levels of burnout. This article is part of Most Innovative HR Leaders, a series about talent heads who are innovating company culture, DEI, and employee experience. Carhart has worked in human resources for over 10 years and joined Lattice during the pandemic in June 2020. "Work was stressful in 'normal' pre-COVID times, but the pandemic has created new levels of burnout and exhaustion," Carhart said. In 2021, Carhart oversaw the launch of three partnerships that have helped Lattice build its pipeline of diverse technical talent.

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