What Employee Benefits Matter to You?

Written by Executives Online UK on Sep 21, 2017

EO Executives has launched its 2017 employee benefits survey to understand the incentives that truly matter to employees.

As a value driven business, we want people to love their work environment and incentives to matter. After all, in any organisation it is crucial for employees to feel valued by their employers. Benefits not only reward employees but contribute to staff well-being, improve engagement and contribute to staff attraction and satisfaction. 

So, what benefits matter to you?

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What Does Work-Life Balance Mean to You?

Written by Hayley-Rose Hill on Sep 18, 2017

What is the number one thing that comes up time and time again when speaking to candidates about what makes an opportunity attractive?

Salary increase? No.

Travel? No.

Big bonus or OTE? Nope.

You’ve guessed it…Work life balance.

Every. Single. Time.

What does this mean? Why are people now valuing their time over their money? Willing to take a cut on their base salary or earning potential for the possibility of this elusive ‘work life balance…’

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Could Your AI (Artificial Intelligence) Machines Land You in Trouble?

Written by Szu Hill on Sep 13, 2017

Szu Hill, EO Executives – VP & C-Suite exec search, 13th September 2017

In AI-proliferated industries, one of the biggest immediate minefield for the C-Suite is perhaps the GDPR implications in data collection & processing by AI entities.  When AI entities used by your organisation collect vast amounts of data, either:

  • via impersonal acquisition of such data via the Internet of Things (such as sensors or trackers), or,
  • via more personal interactions with customers - e.g. through chatbots in automated online banking transactions, or through an Alexa-like AI customer assistant when purchasing goods via an e-commerce platform,

… we have to ask if all the information collected about the customer has been obtained in a
GDPR-compliant manner?  And when that data has been collected, how will it be ensured that it will be legally processed so that it doesn’t infringe the customer’s data privacy or consumer rights? 

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Watch out - Artificial Intelligence Can Replace Highly-Skilled Cybersecurity Specialists Too!

Written by Szu Hill on Sep 11, 2017

Szu Hill, EO Executives – VP & C-Suite Executive Search

In my previous blog on Artificial Intelligence (AI) (read here) I mentioned that in our post-Brexit world, a continued shortage in the availability of resources to carry out low-skilled labour at often unsociable hours and at low wages may hasten the adoption of robots in both the farming and non-farming sectors (aka hospitality and service sectors).

However, we also have a chronic shortage of higher-end skills, especially those in the STEM (Science, Technology, Engineering and Mathematics) sectors. According to the UK Commission for Employment & Skills, 43% of STEM vacancies in UK are hard to fill, due to a shortage of applicants with the required skills or experience. Additionally, there may not be as many people who have the inclination to pursue a career in the more scientific or technical sectors.

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Why Your New Hire Has Already Checked Out...

Written by Andrew MacAskill on Sep 05, 2017

The other day I heard it again......as I do all the time when meeting unhappy senior leaders:

So I have been at my current employer for 18 months but to be honest I knew within the first couple of weeks that it wasn't going to be for the long term.

The executive has hung in there to ensure their CV doesn't look bad.

The result?

The company will now have to replace the executive at a significant cost, credibility will have been lost internally and the reality is that you have had a senior executive working in your business for 18 months, whose heart has not been in it.

What a complete shambles.....and to make things worse it was completely avoidable. So, how can you prevent this from happening in the future?

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Why Gamification Is the Future of Learning

Written by Lucy Bielby on Sep 01, 2017

Let’s talk about Gamification… 

Gamification is the application of the typical elements of game playing (e.g. point scoring, competition with others, rules of play) to other areas of activity, typically used as an online marketing technique to encourage engagement with a product or service.

Over recent years, gamification has been used in marketing as a tool for organisations to increase customer engagement. However, in more recent years it has made its way into the employee journey process and has become an integral aspect of employee engagement.

So, how can gamification be used in the work place and why is it important?

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How to Eliminate Mediocracy from Your Sales Strategy

Written by Ryan Hill on Aug 31, 2017

Be honest with yourself, would you accept mediocracy and average performance in your sales team? I cannot count the number of organisations that are holding onto employees who work to ‘get by’ or stay in the job. Sure, these individuals have a place and tend to work in organisations that can A: afford to keep them (FTSE & PLC’s) B: have management that are protecting themselves and C: can hide under the droves of other under-performing mediocre sales people. 

Regularly meeting with CEOs, Co-Founders and Investors who say, “we have a couple of plodders in the team” is quite frankly, frustrating. Think about it…as a leader why would you allow this to happen? Why would you want your sales figures to be lower than they could be? And why would you want your staff to be demotivated?

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How to Recruit a Finance Director/ Chief Finance Officer

Written by Paul Mendelssohn on Aug 30, 2017

The number of new hires that do not work out is frightening – in fact a study by leadership IQ across a range of industries and job roles found that up to 48% of new hires fail within the first 18 months. And what is more frightening is that this problem is estimated to cost UK businesses over £4 billion a year.

For any business a new hire costs time and money, so getting it right from the outset is fundamental. For my clients, there are many reasons for recruiting a Finance Director/ CFO but they all share one goal- to hire a candidate that will work out and drive the business to success. Whether a new hire is needed for growth, raising capital, through to cost cutting and business survival, the value they can bring is huge. I have covered this is in more details in a previous blog “5 Ways Finance Directors & CFO’s can add value."

So, why are there still so many businesses failing to implement a strategic hiring process?

This blog will ensure your next FD/CFO hire is recruited in the best way possible, adding both value and credibility to the process.

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The Mistakes Finance Executives Make When Working with Private Equity

Written by Paul Mendelssohn on Aug 25, 2017

Many view Private Equity (PE) Firms as the pinnacle of the commercial world and are willing to leave successful FTSE careers to make the transition.

If you can get it right, working with a PE firm will be the best and most rewarding career move you will make. However, there are also a number of hurdles that catch many finance executives out on their journey.
So, I wanted to uncover the most common mistakes Finance Directors can make when taking the plunge and moving into the world of Private Equity.

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5 Tips for Hiring a Rockstar Chief Technology Officer

Written by Ben Walton on Aug 23, 2017

In this blog, Technology Practice Lead Ben Walton focuses on how in a competitive market, C-Level leaders of rapidly growing, digitally first companies can better attract and retain top Chief Technology Officers into their businesses...

As an Associate Director and Head of Technology practice at EO Executives, I am privileged to meet with some of the most talented, innovative and forward-thinking Chief Technology Officers (CTO’s) in the country on a regular basis. 

Speaking with such inspirational leaders and partnering with so many awesome businesses gives me a unique opportunity to stay up to date with what is happening in the market, and ensures I stay engaged with my client’s key priorities.

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