Strategy+Business – August 2019

leaders for results that go beyond the simply financial. Aron Ain, Kronos’s CEO, said his learning curve started in 2015, when t ...

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at Kronos. “We’re doing these things so they won’t ever want to go anywhere else,” Ain said. The new approach to rewards has bee ...

commodities trader, according to Michael D’Ambrose, the company’s chief hu- man resources officer. Three-quarters of the bonus o ...

paradox of accountability without blame. Accountability, as Ryu defines it, means that you have committed yourself to an outcome ...

It’s time for a fresh Outlook PwC’s new 2019–2023 Global Entertainment and Media Outlook. Subscribe today. How will the Technolo ...

ages they approve, the promotions they endorse, and the desired cultures they seek to help management create. In essence, having ...

deserve a promotion or long-term incentives. There is subtlety and complexity here, yet when leadership skills — for both the pr ...

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stra tegy +bu sine ss^ is sue^ 96 68 Laurent Probst [email protected] is a partner with PwC Luxem- bourg, overseeing its go ...

69 becoming obsolete. A study published by the Organisation for Economic Co- operation and Development in 2018 estimated that 46 ...

stra tegy +bu sine ss^ is sue^ 96 70 by contrast, is a comprehensive initiative to convert applicable knowledge into productive ...

71 Even if it is tackled by a single company, upskilling is not a one-time en- deavor. In this time of rapid technological chang ...

stra tegy +bu sine ss^ is sue^ 96 72 sive one. To bring someone to a new level of competence — for example, from a midlevel acco ...

73 from employers) and tax incentives for participating companies and employ- ees. In the end, if you regard workers as an asset ...

stra tegy +bu sine ss^ is sue^ 96 74 incoming employees to keep their past seniority level), and to adopt more flex- ible human ...

75 A few other locales are beginning their own upskilling plans, each with its own focus. The Canada Job Grant program, a federa ...

stra tegy +bu sine ss^ is sue^ 96 76 assembly-line workers who may be facing layoffs. All will have some elements in common: a c ...

77 looking for talent and which have overcapacity? What types of skills are needed — purely technical skills, skills broadly ori ...