Following up on last week’s edition of In The Know, we have another ‘fistful’ of notable movements in the management universe. As the economy regains its footing, expect to hear a lot more about techniques that rearrange management approaches. There will be a heavy emphasis on startups and a deep desire to eliminate meetings and endless planning sessions.
The other thing you should expect is a tidal wave of predictive analytics. With small shops like MatchpointCareers hitting the markets, there’s certain to be an explosion of firms claiming to be able to predict an entire universe of things.
With each of these trends, it pays to figure out which is snake oil and which is petroleum,
- Agile vs Waterfall Methodology
Management techniques are under siege. The web brings fast accomplishment and detailed accountability to enterprises where neither used to exist. One of the key emerging tools in software development is called the ‘agile methodology’. Using sports analogies, the technique focuses on sustained accomplishment of goals that are constantly morphing. It will be arriving at an HR Department near you someday soon. Read about it here.
- How to Really Do More With Less: Why Recruiter Training Doesn’t Work
Jason Warner (who has run Recruiting for the bigs), kicked off a great series for ERE with this piece. Part of the agile approach involves a clear understanding of the problem before you start. This is the introduction to a great series.
- Startup America
Startup America is a “national campaign to help ‘win the future’ by knocking down barriers in the path of men and women in every corner of this country hoping to take a chance, follow a dream, and start a business.” (From the Whitehouse)
- Time Cops
If the police can predict crime with data, where are the comparative efforts in HR and Recruiting? “In a paper slated for publication in the Journal of the American Statistical Association, the team of UCLA researchers working with the LAPD compares this kind of repetitive crime to earthquakes. The initial crime is the first tremor. Subsequent crimes follow like aftershocks. We don’t know exactly where or when the after-crimes will occur—or if they’ll occur at all. But we can create a predictive model based on probabilities. Police departments can then feed real-time crime data into these models and organize patrols based on the likelihood of certain crimes occurring in certain places.”
- $3 Million Prize Offered to Solve Hospital Admissions Puzzle
“There’s a physician in Los Angeles who wants to give you $3 million. All you have to do is design an elegant math model that accurately identifies which of 100,000 patients from an actual 2009 database required an unplanned hospital admission in 2010.” Imagine what you could do with an applicant tracking system database.