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So far Janet Walsh has created 222 blog entries.

Jamie Dimon View of the Economy

By |2024-04-26T15:08:25-04:00April 26th, 2024|Categories: Uncategorized|

On April 23, I attended the Economic Club of NY and listened to JPMorgan Chase CEO, #JamieDimon discuss economic issues in the U.S. economy for 2024. He was interviewed by #MarieJoseeKravis, chair emerita of the #EconomicClubofNew York. Here is a short summary of his remarks.

In his comments he was bullish on a “robust” U.S. economy and mentioned the low unemployment and positive consumer financial environment, housing prices for owners, However, he pointed out the problems with increasing U.S. debt and concerns that inflation might endure longer than expected keeping interest rates higher. He mentioned concern over government spending. He pointed out threats to commodities markets and movement of people due to the continued conflicts in the Middle East and Ukraine.

Dimon observed, the U.S. government would benefit from more “practitioners.” He said he’d like to see the next president populate the cabinet with members of the other party. He promoted putting people with practical, business experience at the table, hopefully reducing political polarization. “I want the next president, whoever it is, to put the other party (members) in their cabinet. That is what I would like to see. I would like to see practitioners go back to the government.” He said he was “very excited” about the future.

His remarks and conversation were very well received. Personal ancedotes from my table mates who know him were very favorable. He is much admired.

For a more detailed commentary on the economic future read his annual report to JPMorgan shareholders:

https://reports.jpmorganchase.com/investor-relations/2023/ar-ceo-letters.htm

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NYIT Faculty Scholars Luncheon

By |2024-04-12T11:44:22-04:00March 28th, 2024|Categories: Uncategorized|

Creating Positive Corporate Culture to Reduce Workplace Bullying

Laura Persky, Ken Pinnock and I are very pleased to announce our research “Creating Positive Corporate Culture to Reduce Workplace Bullying” has been recognized at the 2024 NYIT Faculty Scholars Awards Program.

This research highlights the problem of workplace bullying and provides suggestions for organizational processes that might prevent it from occurring. The study explains why workplace bullying exists and how certain organizational structures, cultures, or leadership styles can contribute to and reinforce negative behavior. This study includes both qualitative primary and secondary research sources. It provides recommendations for creating a positive work environment by applying organizational virtuousness practices that may inhibit or mitigate negative behaviors. The findings offer diagnostic suggestions and proactive structural efforts that can help minimize the opportunity for bullying.

The paper is available in the Global Journal of Business Research, Vol. 17, No. 1, 2023, pp. 43-53.  https://bbd501.p3cdn1.secureserver.net/wp-content/uploads/2024/01/GJBR-V17N1-2023-4.pdf

For a diagnostic review of bullying in your organization contact walsh@birchtreeglobal.com.

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Managing Global Workforce Risks

By |2024-04-12T11:45:10-04:00February 13th, 2024|Categories: Uncategorized|

“Managing Global Workforce Risks”

If you are concerned about managing global risk and want to make sure you haven’t overlooked a significant issue, then you won’t want to join this live webinar, “Managing Global Workforce Risks.” Join the @BPHR and @Birchtree Global teams at 12:00 PM EDT on March 6. 

This presentation details the three major categories of risk: Personnel, Security, and Information and describes what business and HR leaders can do to minimize negative risk outcomes.

Register in advance for this webinar:

https://us02web.zoom.us/webinar/register/WN_xEDTjya3RF-Bp-MCYkbrnQ

This webinar is eligible for recertification credits.

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Important Comments from Prime Minister of Japan Fumio Kishida Meeting 9/21/2023

By |2023-09-25T11:26:21-04:00September 25th, 2023|Categories: Uncategorized|

I was honored to attend the Economic Club of New York’s lunch with Prime Minister of Japan Fumio Kishida. His comments had important implications for the business community. They included:

A description of the Japanese economic revival with an annual growth rate of 11.4%

Japan is open for business and governmental support and reforms will facilitate investment

Domestic investment at record levels, high stock prices, and reforming the asset management sector

Eliminating barriers to entry, labor market reforms, priority help for child care and women in the workforce

A focus on the development of cutting-edge technology in AI

A focus on the defense of national borders and climate change

For more information see the link to his speech below:

https://lnkd.in/dKsf4HMQ

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Aashna Sinha speaks to Columbia University Human Capital Management Students

By |2023-08-08T09:57:41-04:00August 8th, 2023|Categories: Uncategorized|

The nice thing about teaching at Columbia University is getting to listen to dynamic speakers like CHRO Aashna Sinha. Aashna spoke to my class on leading a multicultural workforce with her observations on working with companies like Richemont, Mercer, Deloitte and Coty. Her experiences and observations on linking HR activities to the financial performance of the corporation resulted in 60 minutes of non-stop questions from the class. If you are looking for top and bottom-line focused business and HR professionals let me know and I’ll put you in touch with some of the best students at Columbia University, and some of the best HR leaders like Aashna!

#birchtreeglobal #birchtreeperformancehr #globalhr #humancapitalmanagement #hrci #shrm

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Valerie Morel Speaks to Dr. Janet L. Walsh Class on Global HR Leadership

By |2023-08-03T09:10:27-04:00August 3rd, 2023|Categories: Uncategorized|

Thank you, Valérie Morel for an amazing presentation to my Columbia University Human Capital Management students. The course is Leading Cross-Cultural Global Organizations and focuses on global human resources management around the world. Valerie is a subject matter expert and leader in global human resources with senior leadership experiences in BayerPfizer, Charles River Lab, Prudential Financial and Capgemini.

She gave a compelling presentation on the link between training and performance management and corporate financial and operational performance. She did a fantastic job of integrating the class’s broad and diverse HR experience internationally.  The class discussed how financial performance in the organization is increased by linking HR strategy directly to corporate strategy and customer satisfaction.

Thank you Valerie!

#birchtreeglobal #globalhumanresources #valeriemorel #janetlwalsh #harvardbusinessreview #columbiauniversity #bucknell #SHRM #HRCI

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Columbia University Class Welcomes Blair Bennett

By |2023-07-17T08:24:23-04:00July 17th, 2023|Categories: Uncategorized|

Columbia Class Welcomes Blair Bennett

Blair Bennett, Senior Vice President Global Talent Acquisition at PepsiCo was the featured guest speaker at Dr. Janet Walsh’s Leading Cross Cultural Global Organizations class at Columbia University.  Blair spoke about the differences in talent acquisition around the world and how individuals are sourced, hired, integrated, and promoted in Pepsi.  What was fascinating was the discussions around how an organization like Pepsi with different divisions like beverages and snack foods, adapts to different countries.  That business strategy is integrated into the staffing strategy and decisions made in human resources infrastructure.  The students, all professional business people, were excited and impressed with the chance to learn first-hand from a remarkable executive.  Thank you, Blair!

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Giovanni Giordano Speaks at Columbia

By |2023-07-13T17:57:44-04:00July 13th, 2023|Categories: Uncategorized|

Thank you, Giovanni, for speaking to my masters class in HR at Columbia University. To kick off the class in managing the multicultural workforce, Giovanni used his global experience leading complex HR strategy and operations at British American Tobacco, Ferrero, Proctor and Gamble to highlight the challenges designing the integration of HR and corporate strategy. The students are early career HR leaders who welcomed the insight and advice. I know Giovanni has helped accelerate their careers!

Giovanni is currently the CEO of Blue Pragma, a Human Capital advisory business (https://www.linkedin.com/company/bluepragma/). Its mission is to help public and private companies develop the leadership and organization effectiveness they need to transform and accelerate growth.

#giovannigiordano #bluepragma #birchtreeglobal #columbiauniversity #globalhr #SHRM #HRCI

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By |2023-04-26T10:17:46-04:00April 26th, 2023|Categories: Uncategorized|

On Saturday April 22, Dr. Walsh was to presented with a medal for Courage and Integrity by Explorers Club colleague Benjamin Hulsey.

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Top and Bottom Line Financial Benefits of Employee Engagement

By |2023-04-14T13:27:22-04:00April 14th, 2023|Categories: Uncategorized|

Over the last several years we have been conducting research into the reasons people stay or leave organizations.  We focused on the ability of organizations to attract and maintain employee engagement as this substantially affects both top and bottom line financial and operational performance.  The results are skewed towards younger workers in their 20s and 30s. The results are as follows:

  1. Organizations with a positive reputation, particularly in terms of their culture, values, and treatment of employees, are more likely to be recognized and attractive to job seekers. Applicants tend to research a company’s reputation and reviews before deciding to apply. Particularly when looking to hire people from specific schools, organizations, and professional skill sets, a positive word-of-mouth recommendation from current or former employees can be significant. This helps top line financial results by the ability to engage top talent with innovative skills and expertise.   It reduces bottom line costs in turnover costs.  It helps maintain consistency of operations, customer interface, and internal functioning thus increasing top line and reducing bottom line costs.
  2. The pandemic has brought an enhanced level of comfort for flexible work arrangements for employees and companies. As you have heard from multiple research results, many employees today value flexible work arrangements such as remote work or flexible hours. It offers the option of hiring employees from different physical locations, overseas, different states, and communities thus expanding the organizations diversity of skills and insight.  Offering these options improves employee morale by reducing their commuting costs, child/pet care costs and employee time.  These benefits increase top line financial performance by maintaining a skilled and experienced workforce. This strategy reduces turnover and reduces turnover costs. It can also help the organization save money on the need for office space, heat, light, electricity, parking and other overhead costs.
  3. Finally, in both surveys from 2010 and 2023 corporations offering training and development are very attractive to younger employees (20s and 30s). It makes sense as these employees are looking to grow in their professional experience and value. Investing in employees’ skills and knowledge improves their performance and increases their value to the organization. This can lead to increased productivity and higher quality output, which can lead to increased revenue and profits.

By considering these areas and others that may be specific to your organization, you can identify opportunities to make savings in your HR department while also improving overall employee engagement and performance.  If you would like help and support creating an HR strategic plan identifying top and bottom-line opportunities, let us know.

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