HBR – Effective strategy communication requires providing context, which leaders can achieve by presenting rejected alternatives, linking strategic decisions to the company’s purpose, and involving employees in strategy development. Examples from Edward Jones, Roche, DPG Media Group, Premium-Kollektiv, and Bridgestone highlight these approaches. These methods ensure employees understand and engage with the company’s strategic choices, enhancing overall execution and alignment.
Mitigating AI’s Racial Bias in HR Practices
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FAST COMPANY – To mitigate AI’s racial bias in HR, managers should ensure AI tools are trained on diverse datasets and conduct regular audits. Transparent algorithms and incorporating human judgment at key decision points can help identify and correct biases. Providing bias training for employees interacting with AI systems is crucial. Establishing clear accountability for AI-driven decisions and fostering an inclusive workplace culture are essential steps to reduce the risks of racial bias in AI applications.
By POORNIMA FARRAR | JUN 27, 2024
3 Key Strategies for Leaders to Maximize Every Hour of Their Day
ENTREPRENEUR – Time is one of the most valuable resources for CEOs aiming to win their day. They maximize every hour of their day for making important decisions and driving the success of their business. The key strategies are: First, prioritize tasks by tackling the most important ones early and making a list to stay organized. Second, set boundaries to minimize distractions by saying no to unnecessary meetings and interruptions, and dedicating specific times for focused work. Lastly, use tools and techniques like calendars, planners, and time blocking to keep track of tasks and deadlines, ensuring you stay on track.
By JOHN KITCHENS | JUL 2, 2024
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Clearing the Path to Innovation: Roblox’s Bureaucracy Busters and Workato’s Creative Priority
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Roblox, an online gaming platform, created an internal tool called “Bureaucracy Busters” where employees can post about time-wasting processes. Coworkers upvote posts, and leaders review highly-voted issues to eliminate unnecessary procedures. This unique approach helps Roblox clear “process debt,” freeing up time for innovation and giving them an edge over larger, more bureaucratic competitors.
At Workato, an automation company, CIO Carter Busse made “innovate and lead” his team’s top goal. This shift in focus encouraged employees to apply creative thinking to their daily work. Quarterly innovation sprints and hackathons provide dedicated time for inventive projects. This strategy helped Workato compete by fostering a culture of innovation, even in traditionally operational roles.
By Eric Athas | OCT 08, 2024
Read the original article at HBR