Since i’ve landed back in Sydney, one thing has been pretty much in my face the whole time, i cant ignore it and now dear reader, i have to tell you too.
It’s the idea’s, too many ideas to ignore, Sydney is a very stimulating place to be
I was watching a Tedx talk last year, by O.E Wilson and he was asked to give a talk about advice to budding scientists.
His advice was.
Learn as much as you can in your own field
Learn as much as you can in fields outside your field
With technology and emerging technologies branching out and creating new fields, some of the new fields will cris-cross and hey presto, something irrelevant is a hot topic.
Why does Silicon Valley continue to produce a disproportionate share of industry-transforming companies like Google, Facebook and LinkedIn? Or the next generation of companies like Airbnb, Dropbox, and Uber? The answer, which has been hiding in plain sight, is Silicon Valley’s ability to support scale-ups.
The answer is always in plain sight, check out my post about the future of money
Reid says…
When you examine the history of the best Silicon Valley companies, they quickly increase the number of their customers, revenue and raise organizational scale to fit a global market. Most of the impact and value creation in Silicon Valley actually occurs after the start-up phase ends and the scale-up phase begins.
It really pays off if you can be the right person, at the right time, in the Human capital management space, one company i have been watching recently has been cornering the market as the service to select for large enterprise customers VIA it HCR cloud solution
The message is…
Introducing Workday, a cloud platform for HR and Financial software, with big data and predictive analysis.
In the next ten years, the HCR industry trends will be…
…and it looks like workday are four years ahead of their competitors SAP and Oracle
Predictive analysis, Netflix recommends movies, ebay recommends products, the workday solution can recommend:
Suitable candidates
Identifys top preformers
Detects false reporting
Identifys people who might leave the company
Can help plan your global workforce, people and people task
Recently…I talked to a manager on a big pharmaceutical project, whos company grossly underestimated the effort involved in planning the next project to manufacture life saving pharmaceutical drugs, where people would die if the project was delivered late, i was able to tell him about Workday and it product features that would have identified this issue.
Underestimation of critical projects is a constant issue for them, especially since they cannot find the right people to work on them
Predictive analyticsis the practice of extracting information from existing data sets in order to determine patterns and predict future outcomes and trends. Predictive analytics does not tell you what will happen in the future.
The Analysis is done on live data, the solution allows the application to chop data and display it on excel spreadsheets. The clever thing about that is if you don’t present information in a format people are familiar with, they will simply ignore it
Interestingly to identify people who might leave, you need to know three things…
Team member excellence is within a company’s control, but it requires outstanding recruitment, human-resource practices, training, mentoring, career advancement, communications and a modern work environment.
Does any company come to mind?
Workday rising
Another idea for HCR software is Gamification… If you dont believe me, take a look…