HireRight scores $1.65 Billion, Upwards fixes the $23Bn productivity crisis, And is the term diversity polarizing?

Summary

In this conversation, Ryan Leary and William Tincup discuss various topics, including the revival of Bing with OpenAI's support, the impact of childcare issues on employers, the importance of humane practices in managing layoffs, and the acquisition of HireRight by General Atlantic and StonePoint Capital. They also touch on the potential of generative AI and the need for leaders to understand and leverage its capabilities. Overall, the conversation highlights the challenges and opportunities in the HR and technology space. In this conversation, William Tincup and Ryan Leary discuss various topics related to human capital and the workplace. They explore the concept of thriving in a boundless world, the divisiveness of the word diversity, the importance of inclusion, and the rise of startups in the gig economy.

Takeaways

• The war for talent between Google and Bing highlights the importance of talent acquisition and innovation in organizations.
• Childcare issues have a significant impact on employers, and providing childcare benefits can improve the employee experience and productivity.
• Managing layoffs with empathy and care is crucial to maintain a positive employer brand and support affected employees.
• Acquisitions in the HR technology space, such as HireRight's acquisition by General Atlantic and StonePoint Capital, demonstrate the growth and potential of background screening companies.
• Leaders need to evaluate and understand generative AI to leverage its capabilities and stay ahead in the rapidly evolving technology landscape. Deloitte's 2024 Global Human Capital Trends Research Report provides valuable insights on thriving in a boundless world.
• The word diversity has become polarizing, and it may be more effective to focus on inclusion instead.
• Startups are playing a significant role in the gig economy, and there is a growing market for services catering to self-employed and gig workers.

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Chapters

00:00 Introduction and Barf Segment

01:07 Julie Knight Ludvigson's New Job at Culture Amp

02:04 Google vs. Bing

03:13 Bing's Revival with OpenAI's Support

04:33 Talent Acquisition and Talent War between Google and Bing

06:10 Improving Innovation through Talent Acquisition

07:34 Antagonistic AI and Challenging Assumptions

09:34 Upwards: Scaling Childcare and Supporting Working Parents

11:14 The Impact of Childcare Issues on Employers

12:00 The Employee Experience and Childcare Benefits

13:47 Managing Virtual Layoffs with Empathy and Care

15:33 Layoffs That Go Viral and the Importance of Humane Practices

18:20 HireRight's Acquisition by General Atlantic and StonePoint Capital

19:34 The Growth and Potential of Background Screening Companies

20:51 HiBob's Acquisition of Payroll Automation Platform, Pento

25:29 Leaders' Evaluation of Generative AI and the Gap in Usage

36:18 Thriving in a Boundless World

37:22 The Divisiveness of the Word Diversity

39:17 Moving from Diversity to Inclusion

41:16 Startups and the Gig Economy

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