Industry News – General developments across sectors
The landscape of SME acquisitions is evolving, with fresh players emerging who are keen on unearthing hidden gems in the market. These new buyers are not your run-of-the-mill private equity firms; they’re diving into smaller deals with a more patient investment outlook, often exceeding ten years. This is a game-changer, particularly for small and medium-sized […]
The CIPD has found itself in hot water again, facing accusations of focusing too much on culture war issues instead of core HR priorities. Recent criticism has highlighted a perceived drift towards political campaigning, steering away from pressing topics like pay and productivity. As HR leaders demand more practical support, CIPD is standing firm in […]
Summary Management consulting is facing a significant challenge with the rise of generative AI, as these tools can perform tasks traditionally carried out by consultants—such as document analysis, research, and report writing. NTT Data, a global IT consulting firm, is proactively adapting to this shift, predicting that 40% of its revenue could be at risk […]
Summary Learning experience platforms (LXPs) are revolutionising employee development by moving beyond traditional learning management systems. LXPs focus on personalised, engaging experiences that cater to individual learning needs. This approach not only helps teams grow but also enhances skill development and keeps businesses competitive amidst rapid changes in the workplace. Source: Article URL Key Points […]
The latest report from RedThread Research highlights a disturbing trend in companies’ approach to worker development. Organisations tend to allocate too little budget for initiatives aimed at boosting worker performance beyond the essentials required to keep operations running. The study categorises development efforts into three key areas: keeping the lights on, improving the work, and […]
Summary Clearwater Analytics has announced the promotions of Subi Sethi to Chief Operating Officer (COO) and Cindy Blendu to Chief Administrative Officer (CAO). These leadership changes are aimed at enhancing the company’s ability to scale globally and deliver increased value to clients post-acquisitions. Subi Sethi has notably improved Clearwater’s business operations over her five-year tenure, […]
Summary The UK Supreme Court has determined that for the purposes of the Equality Act 2010, terms like “woman”, “man”, and “sex” refer specifically to biological sex at birth, irrespective of any Gender Recognition Certificates (GRCs). This precedent creates immediate challenges for employers across England, Scotland, and Wales, as existing guidance is fundamentally altered. The […]
Summary This edition of the Holland & Knight Health Dose highlights key developments in U.S. healthcare legislation and administration as Congress is set to return from recess. The focus is on the upcoming reconciliation bill, Congressional hearings centred on veterans’ mental health policies, and significant administrative changes impacting healthcare regulations. Key Points Congress aims to […]
Summary Sopra Steria has reported a revenue of €1,415.0 million for Q1 2025, marking a 4.7% decrease compared to the previous year. The company experienced a contraction of 4.9% in organic growth, which is slightly better than the forecasted range of -5% to -6%. The CEO noted that while market conditions were tough, performance was […]
The article explores the increasing trend of “skills-first hiring” in talent acquisition, highlighting a shift from traditional hiring processes to those driven by data and skill assessments. Companies are rewriting job descriptions and prioritising competencies over degrees, changing the landscape of recruitment in significant ways. Key Points Organisations are moving towards skills-based hiring, leveraging internal […]
