Author and HBR contributor Peter Cappelli asserts that accounting and financial reporting are wreaking havoc on damaging HR decisions by corporate leaders. In this conversation, Peter reveals that 90% of all company vacancies were filled internally prior to 1980. Today, that number is just over 20%. He adds that there were very few layoffs more than 40 years ago. Today, layoffs make headlines weekly. We’ll learn how accounting is driving these trends in the wrong direction.
- One of the shortcomings of layoffs.fyi
- The trend toward more white-collar layoffs after 1981
- Layoff announcements vs. actual results
- The research about companies quick to pull the trigger on layoffs
- The productivity lag on hiring from the outside vs within the org.
- Employees are our best asset … empty talk?
- Peter’s best definition of human capital
- The issues with leased employees and contractors
- Financial reporting for defined benefit vs defined contribution plans
- Unlimited PTO with ulterior motives
- The call for financial transparency with internal education and development
- The unintended consequences of only filling vacancies 25% of the time with current staff
- How Financial Accounting Screws Up HR
- Stop Overengineering People Management
- 4 Things to Consider Before You Start Using AI in Personnel Decisions
- Where Measuring Engagement Goes Wrong
- There’s No Such Thing as Big Data in HR
- All other HBR articles
- Our Least Important Asset (July 2023)
- The Future of the Office (August 2021)
- Why Good People Can’t Get Jobs ( May 2012 )
- All other books
A Financially Powerful Culture
A deep dive into Patty McCord’s book, Powerful.
Ram Charan on Talent
Talent banks, leadership scorecards, and crucial one-to-one meetings in talent management.
Lencioni’s, The Motive
One consultant of Lencioni’s Table Group asserts that The Motive is the author’s best.