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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Easy Steps To Deal With Human Capital Issues

According to the author, there has been an increase in global workforce turnovers. Recruiting and retaining skilled employees with high potential is a challenge nowadays. According to statistics, about 87% of the companies are considering redesigning their talent management programs. The best human capital management programs are strategy driven and try to accommodate the following trends. 1. Widespread globalised population. 2. Shifting Demographics. 3. Increased burdens on HRs, which can be relieved by integrating systems and functions .4. Increasing compliance requirements. 5. Increased cost, which may arise due to inability to acquire and retain key talent. Read more at https://www.adp.com/spark/articles/5-trends-that-will-redefine-human-capital-management-7-205

 

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Effects of organization culture

In today's world, maintaining a company's culture is the most important thing that should be kept in mind during an expansion. Communication can happen across different time zone. Expansion can lead to many problems like, poor communication or communication breakdown which in turn may affect company culture. For overcoming these situations, companies can take the help of some tools to preserve and enhance your culture. They are:

1. Videoconferencing,

2. Social Networking,

3. Collaborative tools such as Google docs, Mind Meister.

In short, by effectively coordinating collaborative technologies your organization culture can thrive. Read more at: http://www.business2community.com/business-innovation/technology-can-save-company-culture-expansion-01810807#VcKudEFscr36wuVI.97

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Get noticed by using effective keywords in a resume

Including valid keywords in your resume gives a fair chance of getting a call. Here are the ways you utilize keywords effectively. • If you want to get in through a job ad, then analyze what requirements they are looking for. Accordingly highlight the key requirements and qualifications in your resume.

• Be tactful in making your resume. Don’t overuse or include your keywords in every sentence.

Conclusion: Employers and selection representative alike, will mostly examine your resume for keywords like job requirements and qualification. Most of them use software to pick the keywords. So, give yourself the best chance to land that position today by including keywords effectively in your resume for your next employment.

Read more at: http://www.business2community.com/human-resources/keywords-resume-use-correctly-01813482#3cVXokF3syIJ72SA.97

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New Trends in HCM Market

According to a research, it was found that the Human Capital Management market will grow by 10% annually through 2020. Another research found that 1. Real-time feedback and analytics will boom, and it will improve employee productivity. 2. A new generation of performance management tools will emerge to improve feedback-based approach. 3. A focus on human performance and well being will become a more critical part of HR, as it will emphasize employee wellness and engagement, and a healthy work-life balance, and 4. The employee experience will become a primary focus of HR to provide integrated, high-value experiences that excite, engage, and inspire employees. Read more at: http://it.toolbox.com/blogs/insidecrm/mobilefirst-cloudfirst-crm-75930

 

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Important ways of work-life balance

Important ways of work-life balance

Nowadays, work-life balance is essential for any employee as excessive work pressure is detrimental to human health and can lead to a lot of stress, anxiety and frustration and which in turn can reduce productivity. Lewis Robinson (Business Consultant), in his article writes that employers must focus on the work-life balance in the following ways: 1. Give Your Employees the Opportunity to Work Remotely, 2. Encourage Your Employees to Take Routine Breaks Throughout the Course of the Day, 3. Organize Remote Work Meetings, 4. Lend Your Workers a Helping Hand, and 5. Help Brand New Parents. Read more at: http://it.toolbox.com/blogs/understanding-crm/5-ways-companies-can-achieve-worklife-balance-75224

 

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Future Job Opportunities In Health Care Industry

The healthcare industry is growing at a very fast pace and unlike any other industry, this industry also requires good management in order to increase productivity. So, here comes the importance of healthcare management. According to a recent study, it is estimated that the demand for these experts will increase over 20% in the next five years and it is also found that there may be many job openings in gerontology, home health care and health care administration. Read more at: http://it.toolbox.com/blogs/marketing-strategies/it-and-administrative-job-opportunities-in-the-healthcare-industry-74696

 

 

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Re-framing The Current Job Scenario

According to the World Economic Forum’s Future of Jobs study, it is predicted that 5 million jobs will be lost before 2020 as artificial intelligence, robotics, nanotechnology and other socioeconomic factors replace the need for human workers. However, the good news is that these new technological advances will also create 2.1 million new jobs in the areas of computing, mathematics, architecture and engineering. So, the employees have to be re-skilled in order to meet the demands. Read more at: https://www.weforum.org/agenda/2016/09/jobs-of-future-and-skills-you-need?utm_content=bufferedf7b&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

 

 

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Skills needed for IT Industry

Nowadays, the unemployment rate in IT industry is declining and has increased opportunities for innovations and bright future prospects. In a recent research, it has been found that over 3.5 million people in the United States are employed in the IT industry and jobs related to computers make up five of twenty fastest growing occupations in the US. This article explores the different IT skills a prospect must possess in order to be part of the IT industry. The skills are- knowledge of coding, knowledge of search engine optimization, knowledge of social media, understand user experience, ability to work in a team, quick learning capability and a good researcher. Read more at: http://it.toolbox.com/blogs/itmanagement/7-skills-that-can-help-you-break-into-the-it-industry-74352

 

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How Much Your LinkedIn Profile Must Reveal About You.

LinkedIn is popular as Facebook of the professional world. Employers have less time to spare, so once they reach your profile there are few things that they would want to know at once. What are you doing currently and what job title suits you, will definitely interest the employer. Make sure that the employer doesn’t have too deep dig to find out what makes you credible and how good your writing skills are. You will have to steal the opportunity to brand yourself. Boosting about your skills and the highest professional accomplishments will attract the recruiter’s attention. Highlighting certain tools with which you have some experience can help you get the extra edge. Apart from you, what others have to say about you, also matters to the employer, so make sure you include it. Conveying your passions through word will act like icing on the cake. Read more at: https://www.entrepreneur.com/article/278708

 

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Finding new jobs is now much easier online

Social media is a crucial tool to promote personal brands in today's marketplace to reflect a strong skillset online to be considered a top candidate. Creating and sharing insightful, industry-specific content on social media is much more useful now than having a resume as writing is still considered to be a valuable skill while reading articles on the industry can vastly expand knowledge. Clearly defining one's position in the marketplace is crucial. Focusing on only 2-3 social channels, befriending other professionals and repurposing content strategically are cornerstones of promoting personal brands online today. Read more at: http://www.socialmediatoday.com/social-business/how-elevate-your-personal-brand-using-social-media

 

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Why Provocateurs??

Thomas C. Redman (Ph.D),  in one of his article, 'Data quality should be everyone's job', published by Harvard Business Publishing, mentioned that correction of errors in the data is an expensive and time consuming process. Moreover, at times even after correction of the data, some flaws remain which leads to bad credibility of the firm and angry customers. However, if companies welcome provocateurs - individuals concerned with addressing data proactively with the help of their teams, departments, and companies, then errors can be prevented at their source itself. Most of the data revolutionists while exploring with their work found out that to eliminate the root cause of the error and prevent future error, was the best way to ensure high quality data. No matter how innovative an idea is, a Provocateur is a must for the first step in a company dealing with data. So people concerned with data should take up this role actively, which will lead not only in the creation of innovative ideas but will also ensure high quality data output. Read more at: https://hbr.org/2016/05/data-quality-should-be-everyones-job#

 

 

 

 

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Latest trends and innovations in the field of e –learning

Technology has been leaving a mark on every possible sector. It has digitized and revolutionized the way of working in every single field of work. Similarly e-learning hasn’t left untouched with its magic. Here are some latest trends and innovations for 2016 and beyond:

·         Flash to HTML5 Conversion

·         Cloud

·         Personalization

·         Gamification

·         Mobile Learning

·         Multi-device Learning

·         Wearable eLearning

·         Big Data

·         HTML5 Tools

·         Interactive Videos

Read the complete article here: http://it.toolbox.com/blogs/scingularity/technological-innovations-and-trends-in-elearning-for-2016-and-beyond-73068

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Traits that can help in transforming engineers to IT leaders

Software engineers and developers often make great IT leaders. They are tech savvy, are updated with latest market trends and have the trust of the IT team. Have IT leaders in team bridges the gap between the management and your IT team. IT leader will be a person who understands both aspects of the business. So what does it takes to become a great It leader- Team building skills; Networking skills; Talent hunting skills; Smart business skills; Good communication skills; Technical skills. Read the complete article here: http://www.computerworld.in/feature/6-traits-engineers-need-succeed-it-leaders

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Reasons to become data scientist

Data Scientist has been coined as the hottest job for the year 2016 by many leading platforms. But should it be the only reason to choose data science as a profession. Not at all. So here are some more reasons that can help you. The starting salaries are on the rise, you will earn more, PhDs are no more essential. There are enormous opportunities in various industries including finance, healthcare, and transportation. You get a chance to make a difference. Read the complete article here: :http://www.itworld.com/article/3063499/5-more-reasons-to-be-a-data-scientist.html

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Cloud and HR

Earlier, whenever an employee was hired, a lot of paperwork generated which required hours of works by managers. They had to file them, record them and place them securely. And whenever a need arises to have a look at that document, one will find herself in the midst of piles of document, searching for it. But now processes have changed. But now, whenever an employee is hired an email is sent to the person providing her a link where she can upload her documents which is equivalent to the paperwork done before. This saves time, space and is prone to fewer errors. This system is recoverable in case a document is lost. Cloud has made HR's life significantly easier. Read the complete article here: http://www.computerworld.com/article/3049420/cloud-computing/how-the-cloud-is-transforming-hr.html

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Key Ingredients of a High Growth Organization 

Every organization, today, is looking forward to a sustainable competitive advantage. In this process talent management and creating a learning oriented culture has become very important to achieve this objective. The main reason, we are talking about intangible forces like creating learning oriented culture & talent as the primary source of competitive advantages for high performance organization is due to factors like hard to incorporate & replicate them in an organization. In nutshell, creating a learning culture, talent development & leadership skills among employees are very important.

Read more at: https://www.trainingjournal.com/articles/news/building-culture-learning-encourages-business-growth

 

 

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New trends in job posting

A recent study by MIT University shows that there is a 78% increase over the past three years in the job posting related to analytics and this led universities to launch specialized program in Master in Business Analytics. Nowadays, data analytics are used in marketing, finance, health care, logistics, insurance ecommerce, manufacturing and government services. To know more, please read the article by Michael Norton (Writer at lowellsun.com)-: http://www.lowellsun.com/business/ci_29635724/mit-reports-spike-analytics-job-postings

 

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Public Investment in human capital is the need of the hour for India

India needs to invest in human capital to take advantage of its demographic transition with increased spending on health, education and skills. A positive correlation between investment in maternal and early life, health and economic growth is observed. This approach is cheaper and easier than investing in older children. India has started looking into matters with programs like Swacch Bharat, but it needs to scale up its efforts. Quality of education must be next concern. It needs to shed fund in advanced healthcare technology. Read the article here: http://blogs.economictimes.indiatimes.com/et-editorials/india-must-step-up-public-investment-in-human-capital/

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Organizational attitude as a predictor of Training Performance

Employee's attitude is obvious and can be judged, the moment you enter the workplace. They tend to carry this attitude with them when they attend a training course. Trainers can benefit a lot if they have an indication of those employees' attitude. According to a recent Korean study there are two kinds of employee attitudes - Organizational commitment and Organizational identification. The thorough study done by Korean helped them in Trainee Selection and Training Design. Read the complete article here: https://www.td.org/Publications/Blogs/Science-of-Learning-Blog/2016/03/How-Organizational-Attitudes-Can-Predict-Training-Performance

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Easy ways to make your workspace more happening

Workspace innovation can be a change in the organization physical or mental which can boost employee's productivity, efficiency and creativity. It's not a new idea, but many companies don't follow it. But startups have been able to successfully implement this. With a proper HR team who have the right mindset and creativity, customization of the workspace can be achieved economically. Three simple changes that firms can try are: Let your employees pick their job titles; Create a play /activity/relaxation room; Switch to adjustable furniture from traditional one. Read the full article here: https://www.td.org/Publications/Blogs/Human-Capital-Blog/2016/02/3-Easy-Ways-to-Innovate-Your-Workspace

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