How Disruptive Technologies Is Affecting The Recruitment Process For Investment Management Firms: Gobuyside

Most investment firms are looking forward to improving their recruitment processes especially because they need specialized talents for efficiency. However, achieving this goal is not without several challenges. In fact, during a survey with CEOs offering financial services across the world, very few were confident about their ability to secure the right skillsets for their companies. The good thing is that if an investment management firm can overcome these challenges, then it will rise above its competitors. One of the main recruiting challenges faced by these firms is the existence of disruptive technologies.

Disruptive technologies tend to frustrate talent recruitment efforts and potentially reduce the effectiveness of the whole process. This challenge represents some fronts, and the first front is that investment management firms must overcome their current status if they want to continue using vintage technologies and legacies. This is one of the industries that lags behind whenever there are new technologies, but the fact is that they cannot ignore the innovative and disruptive technology altogether. The second front is that financial services and investment management firms use processes that are not in line with human resource professionals in the industry. They tend to be stuck on the same recruitment strategies over the years, yet things are changing out there in the world especially in technology advancements.

It is high these firms realize that old and obsolete solutions cannot solve new problems in the industry. They should instead embrace and take advantage of the disruptive technology rather than seeing it as a threat, and by doing this, it will become easier to solve new investment management recruiting challenges. Understanding the need to employ and overcome disruptive technologies is the only way that these firms will beat the challenge brought by its existence. They can also work with recruitment firms as partners if they do not know how to apply the new and disruptive technologies. However, there are only a few recruiting experts who fundamentally use these disruptive technologies in their operations and thus must carry out an extensive search to find one.

About GoBuyside

GoBuyside is one of the few recruiting firms that has mastered the ways to take advantage of disruptive technologies rather than remaining stuck in the traditional skillset search. They have been providing recruitment services when it comes to investment management specialists, and their strategies have been successful for all parties as demonstrated by their clients’ testimonials.

 

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Career Development of David McDonald

As he grew up in Iowa farm, David McDonald developed an interest in agriculture. Since his young age, McDonald wanted to bring a significantly positive change in the food production industry. Although his family did not have substantial grounds regarding finance, McDonald’s family supported him at all cost by providing him with proper education. The individual graduated from Iowa State University with a bachelor’s degree in animal science. McDonald is a family man. The individual has a wife Malinda and six children. The older two kids study at ISU.

Today, David McDonald is the chief operating officer and president of OSI Group. With much experience in the production sector, McDonald works himself up through various leadership posts and has a proper understanding of the challenges his workers go through. During his studies, as a determined student, McDonald received the Wallace E Outstanding Senior Award for general excellence. The honor shows students with determination to support the school and have the willingness to remain as alumni. Today, the leader of the OSI Group promotes students by offering internship programs. Also, he supports the Alpha Gamma Rho in providing scholarship programs.

As a visionary leader, David McDonald leads in many programs to facilitate the development of OSI Group. OSI Industries is the meat processing company and distributor in the entire world. The company serves in more than 20 countries with over 60 facilities. In March 2018, the group increased the level of production of quality chicken by a double to 24,000 tons annually. The development was as a response to the fast-growing demand for quality chicken in Portugal and Spain. The improvement led to an overall increase in the total production capacity of quality chicken, pork, and beef products. Additionally, the growth brought about economic development by adding 20 more job opportunities. In the 20 posts is the product development manager who sustains the current product development process and introduces new products to the firm’s portfolio.

Under the leadership of David McDonald, OSI Group appears in the top 100 American food processing companies. The firm added its operating area by 22,600 square feet. In 2016, the company bought the Tyson Food Plant to improve its services to North America. Also, McDonald led in the acquisition of the Flagship Europe in the UK and made it the major food distributor in the region and renaming it as the Creative Food Europe. The firm also went ahead and bought the controlling stake in Baho Food that has extension in Germany and the Netherlands.

 

Randal Nardone’s Leadership as Fortress Investment Group’s CEO Will Be an Asset to SoftBank After Its $3.3 Billion Purchase of the Organization

If you are curious as to how someone becomes a billionaire, then it will certainly interest you to hear the story of Randal Nardone. Randal Nardone is a member of the Forbes billionaire list, and is listed as number 557. Much of his wealth came to him because of his involvement with Fortress Investment Group, which has experienced an insane amount of growth since its inception way back in 1998. Nardone was one of first people involved with the private equity management organization, and he helped co-found it. Additionally, he has been serving Fortress as one of its principals ever since the beginning.

His start, however, is much less luxurious and far more normal. Randal Nardone’s university education gave him the skills and knowledge to have a successful career. His undergraduate studies were completed at the University of Connecticut and his J.D. was completed at the University of Boston. After going to school, like any other former student, he searched for a quality position in his desired field. BlackRock Financial was one of the most successful companies that Nardone worked for before the launch of Fortress Investment Group. He actually acted as a principal at BlackRock Financial, which was a job with a lot of responsibility. This experience prepared him quite well for his future leadership positions with Fortress Investment Group.

During his time with Fortress, Randal Nardone has held two different leadership positions, both of which have been quite demanding of him. Even in the company’s infancy in 1998, Nardone was a principal and made some important decisions. Currently, however, he holds even more power and influence because he is the CEO of Fortress Investment Group, which is a position that he finally earned in 2013. Along with Peter Briger and Wes Edens, he is among the three Fortress principals that remained with the company after it was sold for $3.3 billion to SoftBank. SoftBank’s leader and founder, Masayoshi Son, clearly sees far too much value in Randal Nardone to attempt to replace him, and together Fortress and  SoftBank will likely enjoy even more success in coming years. A Force of Innovation: Two Decades of Fortress Investment Group

Equities First Holdings in Australia

Equities First Holdings Is an organization which began operating in 2002. The company started by Christy who is a finance professional who has been in the field of economics for more than ten years thus knowing and having enough experience to drive his own financier company. The aim of starting Equities is to provide an alternative source of fund for business peoples and investors who have been seeking fund to start and run their businesses. The company offers loans based on stokes performance on the market; their loans come with low-interest rates thus they encourage borrowers.

Equities First holdings in Australia are based in Sydney where they also operate other two satellite offices in Melbourne and Perth.An Australian company called Environmental Clean Technologies Limited made a deal with equities first holdings where they will be funding most of the significant projects in India. Christy encouraged the working together to ensure that their clients are fully satisfied with the services.Other than having offices in Australia, Equities has opened in more than five countries including in China, Singapore, United Kingdom, Thailand, United States and more. The company also offers extra activities by providing financial and investment advice to their customers.

Eric Lefkosky and his contribution in the fight against cancer and Alzheimer.

Cancer and Alzheimer are among the diseases that have dreaded humanity for the more significant part of the 21st century. There has been an undying need to beat such conditions so that the human suffering could be alleviated. Some of the methods that have been employed include the application of learning by machines, artificial intelligence, and analyses of data. One of the most innovative ways of manipulation and computation of data has been brought to reality by Tempus Labs. Eric Lefkofsky is the brains behind this tech organization that focuses on merging, agglomerating, cleaning up and transforming the data for each patients health into digital form. This is a smart move by Eric and his team at Tempus Labs- an organization with its operations based in Chicago- as physicians would refer from the data in future. The central collection of the clinical and molecular data for patients with cancer would go a long way in helping the doctors make decisions based on data. Data collected covers aspects such as the treatment used by the physicians and how the patient responded to the procedure. Indeed physicians will be able to make well-informed decisions real time because of the reliable data available. The efforts of Tempus in their fight against cancer and Alzheimer have been recognized, and the firm has been ranked among the top ten in the field of health tech in Chicago. Valued partnerships between Tempus and academic institutions together with other healthcare firms have been formed. Tempus performs genomic sequencing on patients sent to their labs by oncologists. Also, the lab merges the clinical and molecular information and transmits the report back to the office of the physician subsequently granting the doctor access to the data system of Tempus. Eric Lefkofsky has a track record of building successful businesses and is among the renowned entrepreneurs of Chicago. He has co-founded companies such as Uptake Technologies, Groupon, Inner Workings and Echo Global Logistics. Eric Lefkofsky is also an active contributor to philanthropic efforts both in his community and around the world. He also wears the hat of a trustee in several institutions such as World Business Chicago, the Art Institute of Chicago and Lurie Children’s Hospital.

Glen Wakeman Is The Business Guru

Glen Wakeman is a prominent successful businessman, writer, and mentor. His path to success began way back. He took summer jobs washing bathroom floors for an automotive parts factory to pay for his college education. This taught him a very big life lesson, the dignity in any type of labor. His achievements include co-founding the LaunchPad holdings, developing of mergers and acquisitions, providing mentorship and guidance for startup entrepreneurs and revolutionizing the business and financial market (Ideamensch).

In his early career, he was the General Electric Capital where took up roles and responsibilities climbing up the leadership ladder. He was the CEO of the General Electric Latin America. By the time he left, the company had billions of dollars worth of assets and thousands of employees across the region. Here, Glen gained a lot of experience and skills which helped him provide mentorship to other CEOs.

Glen Wakeman has a curious mind which has served him well. In his quest to understand why new businesses fail, he was able to create a working system that he teaches to budding entrepreneurs. He believes that a company may have great ideas but the structure and the strategy behind the ideas are what most may lack. This gave birth to the idea LaunchPad where those new to entrepreneurship but have great ideas get assistance planning business strategies

 

Great Business Mentor

He is dedicated to cultivating businesses and coaching CEOs on strategies to improve their businesses and growth of their company. Using his properly laid out system and methodology he has seen to it that most companies that were not doing well get up on their feet. He has worked for hand in hand with the CEOs of various companies to ensure the transformation of once ineffective non-compliant companies into effective compliant ones.

Glen Wakeman enjoys reading and recommends ‘The Art of War’ by Sun Tzu because it has real-life lessons, applicable strategies and practical wisdom one can apply to life. At the end of a long working day, he enjoys a cup of coffee, Tea or a margarita depending on the type of day he has had.