Hiring Leadership Strategies
It has always been the case that the process for deciding on external hires and even internal moves seems to take a lot of time, particularly for those on the receiving end of these decisions. However, several of our colleagues have recently lamented that the trend towards indecision has become a far more obvious problemโฆ
โThe future belongs to those who prepare for it.โ While I canโt take credit for the line (thanks Ralph Waldo Emerson), Iโll appropriate it for retailers as a warning of changes to come in industry recruitment: Prepare for your companyโs hiring future or it wonโt have one. Current Problem: Job Seekers Donโt Like Change Theโฆ
Home Depot announced this week that it will hire more than 1,000 technology positions this year. Recode reported the home improvement retailer is using the hiring spree as a means to support an $11 billion multiyear investment plan to extend its lead in brick-and-mortar retail over competitors like Loweโs as well as fend off increasedโฆ
For the second year in a row, Axonify has released the results of its annual State of Workplace Training Study, conducted in December 2017 by global market research firm Ipsos. The studyโs goal was to gain a comprehensive view of workplace training across different industries, including retail, and highlight the importance of providing the right kind of training to drive measurable business results.
A flurry of management changes have taken place at leading retailers recently, including Jet.com, ModCloth and Tapestry. Jet.com: Walmart's Jet.com has named Tesco veteran Simon Belsham as president of the e-commerce company, effective immediately, the company told CNBC on Monday. Belsham will be responsible for expanding Jet's online grocery business, Walmart E-Commerce CEO Marc Loreโฆ
In the past, most organizations considered at least the first three months to be a โhoneymoonโ period where new leaders absorbed the business and navigated the company culture. This seems to have shifted, particularly among the Fortune 100. A senior HR executive at a major automotive manufacturer recently summarized her view on the acculturation period for new leaders: โMy honeymoon period for this job was, at best, two weeks. Our expectation is that we hire leaders and expect them to come in and make an immediate impact.โ
Loweโs last week launched its Track to the Trades program, a workforce development initiative designed to provide support for employees who want to pursue job training for skilled trades. Lowe's has partnered with adult education program Guild Education on the Track to the Trades program. The initiative comes at a time when the skilled tradeโฆ
In a panel discussion yesterday afternoon at the National Retail Federation Big Show in New York City, Hubert Joly and Marvin Ellison, the CEOs of Best Buy and J.C. Penney, respectively, addressed the importance diversity and inclusion in the workplace can have not only on their own businesses, but all corporations. Joly and Ellison wereโฆ
"If you're a manager, teaching is 90 percent of your job. There's only one reason you hire someone, and that's because you canโt do everything yourself. If you're not prepared to teach, you just don't get it. And if you hire well, and if you teach well, those people wind up doing the job betterโฆ
Itโs not often that you get to hear from retail legends like Jim Sinegal, co-founder and director of Costco Wholesale Corp. Thatโs why I was so excited to attend his talk at SAPโs Retail Executive Forum, which was held in New York City earlier this month. And he didn't disappoint. Sinegal served as the CEOโฆ