What Does the Future Look Like for Human Resources?

Written by Chris Pestell on Dec 12, 2018

Over the last decade or so Human Resources has had a reputation of being the function employees to go to for support and guidance around the organisational challenges they face. As a result, HR are often seen as sympathisers for the employees who believe they are perhaps being treated unfairly, or a department that provides employees with the support they may need to evolve in their roles.

If we take a brief look at the history of HR, previously known as Personnel Management, seeing its debut in the 1970's, it is clear to see where this perspective has stemmed from. As a function it comprised of the activities like recruitment, work conditions, welfare of employees, training and development and employee exit (retrenchment, retiring schemes).  The 'Personnel Department' has come a long way since then and from the late '80s developed into Human Resource Management as we know it today.

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Understanding How Business Leaders Contribute to the UK 'Productivity Problem'

Written by Craig Saxby on Dec 07, 2018

Understanding How Business Leaders Contribute to the UK 'Productivity Problem'- An Exclusive Interview with Interim Operations Expert, Paul Dakin

In case you have missed it, the 10th anniversary of the Lehman Brothers Bank collapse recently occurred that signalled the 2008/09 financial crash. This has led lot of soul searching about UK productivity puzzle which comprises the zero growth of productivity within the British economy since the crash & its current low levels relative to other nations.

On a macro level productivity is hard to understand, but the one thing that can be agreed on is that productivity puts the life into living standards. History makes this very clear. Since the start of the industrial revolution pay & living standards have increased 15-fold since 1750. It is no coincidence that the UK experience since 2008 has been more painful with the “lost decade” & counting since 2008 resulting in a flat-lining/reduction in living standards.

But why has UK relative productivity performance been so poor?

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The Workplace and the 4th Industrial Revolution

Written by Joseph Burden on Dec 06, 2018

 

In a recent speech to the Central Bank of Ireland, Mark Carney gave his views on the changing nature of work, specifically the impact of the 4th industrial revolution on all aspects of the economy: 

“We are at the cusp of a 4th industrial revolution, which has the power to transform fundamentally the nature of both work and commerce.” 

Some of the key takeaways from his speech really got me thinking, specifically: 

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How Does an SME Remain Competitive in the War for Talent?

Written by Lucy Bielby on Nov 30, 2018

Small and medium enterprises (SMEs) are recorded to make up 97% of organisations in the UK (excluding micro-businesses), and therefore it would seem fitting that they are shouldering most of the skills shortage challenge that we are seeing in the UK.

According to a recent survey by The Open University¸ small businesses are feeling the strain when it comes to talent attraction with three in five (62%) feeling that losing highly skilled candidates to larger competitors, significantly affects their organisation’s growth potential. 

Whilst the feeling of many business leaders seems to be that the larger organisations monopolise the best talent in the market. It is key to remember that different skill-sets and behaviours are required in the fast-paced start up environment than an established FTSE organisation.

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How to Prepare for an Executive Job Search

Written by EO Executives on Nov 22, 2018

How to Prepare for an Executive Job Search

With more businesses competing for top talent to solve their biggest organisational challenges, and with unemployment at an all-time low of 4% (Office for National Statistics), there has never been a better time for C-Suite Executives to search for a new role.

However, though the demand for Executives is strong, businesses are being more selective with the individuals they choose to on-board. With new movements such has Artificial Intelligence, GDPR and the challenges of Brexit, boardroom agendas are focused on finding experts who can help drive businesses forward by provide specialist skill sets at both a commercial and analytical level. 

Additionally, with new business challenges emerging daily, experts need to be both risk-adverse and forward thinking to drive innovation and success.

So, if you are a Senior Executive looking for a new challenge, what can you do to prepare yourself for your new job search?

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How a Non-Executive Director Can Add Value

Written by EO Executives on Nov 16, 2018

At EO Executives, over the years we have seen an increased demand from businesses to source for Non-Executive Director positions. With more businesses facing challenges across the board, such as; hiring, employee retention, new technology integration (think artificial intelligence) and changing industry trends, hiring an Executive who can offer an impartial and expert solution to these common challenges is key to ensuring success.

Competition for Non-Executive Directors is vast from both a hiring (client) and candidate perspective. More Executives are wanting to take on a career as a NED and equally more businesses are looking to source the best NED talent on the market.

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The 5 Critical Mistakes Executives Make Which Demotivate New Hires

Written by Andrew Nicholas on Oct 29, 2018

After going to all the time and effort to find your perfect new hire you want to make sure they hit the ground running.

Research from Deloitte’s has shown that motivated and engaged employees have a positive impact on business performance faster, and that the right support during onboarding is critical to maximising their potential as quickly as possible.

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Why Culture is Crucial for Building a Challenger Bank

Written by EO Executives on Oct 25, 2018

For the last seven years, EO Executives has worked with many Challenger Banks of all sizes to provide Executive hires.

Since the opening of Metro Bank in 2010 (The first high-street bank to be granted a licence for over 150 years) there have been several new in entrants in the challenger banking space, as well as many others who are currently going through business planning, licencing and funding. This has been partly due to government initiatives (such as open API legislation and PSD2) and the explosion of Fintech, due to the emergence of new technologies such as block-chain and data analytics tools. 

EO is a leading provider of high-level managers and executives for senior roles within Challenger Banking and Fintech. Historically we have worked with a number of established retail banks to source the talent they need, but more recently we have been working with an increasing number of Challenger Banks and SME's that are looking for experienced individuals who can adapt to the fast- paced and agile world, whilst offering a high level of knowledge. 

What makes a ‘Challenger Bank’ different to any other bank?

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Challenging Times- Challengers on the High-Street

Written by EO Executives on Oct 23, 2018

At EO Executives there is nothing we love more than challenging the status quo, learning from market shifts and witnessing disruption. Especially throughout 2018, we have seen changes to the economic climate and executive hiring trends, as more and more businesses start to prepare for the uncertainty of Brexit.  As a result, particularly at this time, our expert consultants are working with some of the most innovative and forward thinking businesses – both in the UK and Globally; who are cutting costs, restructuring their teams and forecasting to future-proof their business.

Over the years we have also witnessed these businesses and organisations alike scale at pace and rocket to success. However, we have also seen many go through challenging journeys to get to where they are. Our team have been passionate about supporting businesses through these challenges by placing high calibre executive leaders, who have the knowledge and skills to execute on key deliverables and take these businesses forward.

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What Is HR Interim and Why Should It Matter to Your Business?

Written by Lucy Bielby on Oct 18, 2018

What is HR interim and why should it matter to your business?

Simply put, Interim HR (Human Resources) Management is the use of HR experts on a temporary/ short-term basis. HR Interim Managers are experts in their field and are typically hired by organisations to solve critical business challenges through their own limited companies.

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