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A new HR approach to growing businesses with Constance Aloe

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Growing businesses need human resources – that’s the way companies can scale.

But Distinctive – People, Performance and Learning‘s Constance Aloe argues whether you’re a startup, SME or a Fortune 500, it is an area of the business that must be implemented in some capacity.

“After working in HR over the past 20 years, it is the area of a business that does get overlooked,” Aloe states. “I hear many C-level people say HR are is the ‘People Police’.

“People understand the importance of HR, but don’t want to make a long-term commitment to it.

“HR is too focused on risk and mitigation, and not aligned to business growth.”

Aloe breaks down how a business should be looked at externally.

“Any business can be seen as a series of inputs,” she says. “To generate a performance output – whether it be sales, market share or profitability.”

“The greatest way a business can improve that output is through their people.”

Employee retention is also something that businesses must think about, and Aloe believes by providing the right environment, they can keep their best talent.

“We’re hearing about ‘the great resignation’ coming through,” Aloe adds. “Companies are spending all that money to attract top talent.

“But the experience they have after entering the door is most crucial.

“If you get it wrong, it may cost you 50% of the person’s starting salary.”

Aloe outlines some of the smarter ways to have top talent within your business.

“You can have people in your business, without having a full-time headcount,” she continues. “You may be able to have them three days a week, and not paying them a full-time capacity.

“At Distinctive, we also offer HR support, which means companies don’t have to have that head count.

“Look at your budget, and skill set, and look if there is a smarter way of implementing it.”

For more information, head to Distinctive – People, Performance and Learning‘s website.

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Leaders

Why a rapid response is paramount to cyber defence

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As cyber attacks hit Australia every 7 minutes, a rapid response is crucial for affected companies.

As cyber attacks proliferate every seven minutes in Australia, reports indicate a worrying trend of escalating severity, urging companies to prioritise rapid response measures to mitigate potential damages.

Amidst this crisis, experts stress the criticality of immediate action for companies suspecting they’ve fallen victim, underscoring the need for a well-defined incident response plan.

Lucas Bressanutti, Crawford Cyber Lead and Forensic & Financial Accountant of Crawford & Company, shares his insights on the importance of a fast response to cyber attacks. #cyber attack #business #cyber resilience

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Leaders

How to overcome imposter syndrome in the workplace

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Skilled professionals and entrepreneurs are facing impostor syndrome amidst increasing workforce demands.

A growing number of professionals and entrepreneurs are grappling with the overwhelming effects of impostor syndrome, fostering hidden feelings of inadequacy and fear of exposure despite their competence.

Despite their expertise and accomplishments, many professionals and entrepreneurs find themselves grappling with feelings of unworthiness and self-doubt. These sentiments, often hidden behind a facade of success, stem from a fear of being exposed as fraudulent or inadequate in their roles.

According to a recent study by Calabasus in 2021, a staggering 65% of professionals suffer from impostor syndrome, shedding light on the pervasive nature of this issue.

However, despite its prevalence, impostor syndrome remains one of the least discussed yet most impactful challenges facing professionals today, as highlighted by research from KPMG.

Suzana Mihajlovic, Director of Your2minds shares her insights on how to combat imposter syndrome.

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How to defend against fraud and cyberattacks

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In the face of escalating fraud and cyberattacks targeting Australian retailers, businesses are actively seeking solutions to combat this growing menace.

The sentiment among Australian consumers reflects growing concern regarding fraud in online shopping.

To address these challenges, businesses are exploring various strategies to bolster protection for both themselves and their customers against fraudulent activities.

Hayley Fisher, Country Manager for Australia & New Zealand at Adyen, sheds light on Adyen’s 2024 Retail Index findings, highlighting the shifting landscape of fraud attacks for Australian retailers. #money #fraud #cyberattacks

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