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. Connect with WRKdefined on your favorite social network The Site | LinkedIn | Instagram | X | Facebook | TikTok Share your brand across the WRKdefined Podcast Network 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 Learn more about your ad choices. Visit megaphone.fm/adchoices