Latest news with #HumanCapital
Yahoo
a day ago
- Business
- Yahoo
Aon names new CEO of Global Solutions
Global professional services company Aon has appointed Andy Marcell as its new CEO of Global Solutions. In this role, Marcell will oversee Aon's integrated Risk Capital and Human Capital capabilities, encompassing the organization's reinsurance, commercial risk, health, wealth and talent teams. Marcell, who joined Aon in 2015, will continue to serve as CEO of Reinsurance until John Neal assumes the position on 1 September 2025. Aon named Neal as the global chairman of Climate Solutions and global CEO of its Reinsurance arm in January this year. Marcell will report to Aon president and CEO Greg Case and remain a member of the Aon Executive Committee, the company said. Case said: "Building integrated capabilities to help our clients address risk and people issues is one of the core commitments of our 3x3 Plan to go further, faster in serving urgent client need. 'Andy has made a tremendous impact integrating our solutions and enhancing the alignment of our Risk Capital and Human Capital capabilities and will advance our strategy to serve clients as one Aon United firm." Marcell's promotion follows his tenure as CEO of Risk Capital, where he unified the company's commercial risk and Reinsurance solutions. He will present the company's strategy for addressing client needs across both Risk Capital and Human Capital at its Investor Day on 9 June 2025. Last month, Aon named Lambros Lambrou, CEO of Human Capital, as its new global chief strategy officer. Marcell stated: "Lambros and the Human Capital leadership team have made tremendous progress integrating our Health, Wealth and Talent teams to deliver differentiated data, insights and expertise. 'I am looking forward to bringing our Risk Capital and Human Capital teams closer together to address the unprecedented volatility and complexity facing our clients." "Aon names new CEO of Global Solutions " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
2 days ago
- Business
- Cision Canada
Aon appoints Andy Marcell to serve as CEO of Global Solutions
DUBLIN, /CNW/ -- Aon plc (NYSE: AON), a leading global professional services firm, announced today that the firm has appointed Andy Marcell to serve as CEO of Global Solutions. As CEO of Global Solutions, Marcell now leads Aon's integrated Risk Capital and Human Capital capabilities across the firm's Reinsurance, Commercial Risk, Health, Wealth and Talent teams. Marcell will remain as CEO of Reinsurance until John Neal joins Aon on September 1, 2025, and continue to report to Aon President and CEO Greg Case and serve on the Aon Executive Committee. "Building integrated capabilities to help our clients address risk and people issues is one of the core commitments of our 3x3 Plan to go further, faster in serving urgent client need," said Case. "Andy has made a tremendous impact integrating our solutions and enhancing the alignment of our Risk Capital and Human Capital capabilities and will advance our strategy to serve clients as one Aon United firm." Marcell, who joined Aon in 2015, most recently served as CEO of Risk Capital, where he successfully brought together the firm's Commercial Risk and Reinsurance solutions. Earlier this month, Aon announced that Lambros Lambrou, previously CEO of Human Capital, now serves as global Chief Strategy Officer, and the firm is conducting a comprehensive search for a successor to lead Human Capital. "Lambros and the Human Capital leadership team have made tremendous progress integrating our Health, Wealth and Talent teams to deliver differentiated data, insights and expertise," said Marcell. "I'm looking forward to bringing our Risk Capital and Human Capital teams closer together to address the unprecedented volatility and complexity facing our clients." Last month, Aon released the firm's Client Trends 2025 report, featuring new insights about the interconnectedness of four megatrends – Trade, Technology, Weather and Workforce – driving complexity, volatility and uncertainty for business and society. The second edition of this report highlights how the interconnectedness of these trends necessitates access to integrated data and analytics, capabilities and expertise to effectively respond to increasingly linked risk and people issues. Marcell will present at the firm's upcoming Investor Day on June 9, 2025, where he will speak to the firm's integrated approach to serving clients across Risk Capital and Human Capital. About Aon Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Media Contact [email protected] Toll-free (U.S., Canada and Puerto Rico): +1 833 751 8114 International: +1 312 381 3024 SOURCE Aon plc
Forbes
2 days ago
- Business
- Forbes
What Do You Actually Do In This Job Market?
Miriam Groom, (M.A. Psyc.) Organizational Therapist, CEO of Mindful Career, and Leader, Human Capital at KPMG. Let's be honest—today's job market is unpredictable. Despite widespread layoffs and hiring freezes in some sectors, others are quietly booming. But for job seekers, especially mid-career professionals or those in transition, the dominant feeling is confusion. Every week, I speak with professionals who ask: 'What am I doing wrong?' 'Do I need to rebrand myself?' 'Should I pivot, freelance or go back to school?' Here's the truth: The market is complex, but with the right mindset and tools, it's not impossible. Below is a roadmap I share with my clients—and now with you. It's tempting to apply to every opening that vaguely fits. But that strategy can lead to burnout and low response rates. What to do instead: • Pick three to five companies a week you genuinely want to work for. • Research their recent press, product launches and leadership changes (try Crunchbase or their LinkedIn page). • Tailor your resume and outreach based on how you can solve a current business problem for them. Resource: You can use JobScan to optimize your resume against a specific job description. It improves keyword alignment, which helps with applicant tracking systems (ATS). Your resume isn't just a list—it's a narrative. In today's market, your ability to communicate your career story can be just as important as your qualifications. Try this: Craft a 'Career Positioning Statement.' One or two lines that answer: • Who are you professionally? • What unique value do you bring? • What kind of opportunity are you pursuing now? Here's an example: 'I'm a purpose-driven marketing strategist with 10+ years in B2B SaaS, passionate about helping early-stage companies grow through brand clarity and demand generation. I'm now exploring mission-led startups or consulting opportunities.' Resource: Try Teal HQ to build your career tracker and craft a positioning statement with structure. If full-time roles are elusive, it doesn't mean you're stuck. Consider a portfolio career—a combination of short-term gigs, freelance work or contract roles. Why this works: • Keeps income flowing • Fills resume gaps • Broadens your skill set and network • Sometimes leads to full-time opportunities How to get started: • Set up a profile on Upwork, Contra or Toptal • Join Slack communities or Substacks for your niche (design, HR, product management, etc.) • Offer project-based help in your network with a clear one-pager This job market is also a mirror. If you're not getting traction, it might not be your fault—it might be misalignment. Ask yourself: • Do I still want this role or am I doing it because I 'should'? • Do my current strengths align with where the market is going? • Is it time to rebrand, upskill or reposition? Resource: Use the O*NET Interest Profiler to explore roles based on your preferences and skills. It's backed by the U.S. Department of Labor and surprisingly insightful. And if you're thinking of a career change, platforms like CareerOneStop or LinkedIn Learning offer guided paths that help you reskill strategically—without enrolling in a costly degree. It's often said that up to 80% of jobs are filled through networking. In a market this noisy, relationships cut through the clutter. Actionable steps: • Reconnect with five former colleagues or classmates this month—without asking for anything. • Post thought leadership or insights on LinkedIn once a week to build your digital presence. • Attend industry-specific webinars or virtual meetups and follow up with speakers or attendees on LinkedIn. Resource: Try Lunchclub or Shapr to connect with professionals in your target industries without the awkward small talk. When things feel uncertain, it's easy to go into overdrive—sending out endless resumes, jumping on every job board or doubting your worth. But this market doesn't reward hustle alone. It rewards strategy, clarity and alignment. If you're feeling stuck, try this: • Reflect on what energizes you (not just what you've done) • Tighten your personal brand • Diversify your income streams • Stay curious—and stay connected Your next opportunity might not come from the path you planned, but it may be even better. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
BusinessToday
5 days ago
- Business
- BusinessToday
Sarawak's Free Tertiary Education: A Scheme That Sounds Better Than It Works
Dr. Syed Alwee Alsagoff The Sarawak state government's recent approval of the Free Tertiary Education Scheme (FTES), debated in Dewan Undangan Negeri Sarawak and set to commence in 2026, deserves closer examination. Academic commentators caution that such schemes may, in certain conditions, undermine the very goals they seek to achieve. Theoretical frameworks across disciplines warn against such approaches. Economic theory via Gary Becker's Human Capital demonstrates how removing price signals distorts investment decisions. Sociological analysis through Pierre Bourdieu's Cultural Capital shows free access benefits only the privileged. Social psychology's Leon Festinger's Cognitive Dissonance Theory explains why students undervalue cost-free education. The fundamental flaw becomes apparent when examined through three critical pressure points. These interconnected challenges are funding sustainability, employment economies, and social outcomes. When any one area fails, the entire system breaks down. The Funding and Quality Crisis Free tertiary education begins with noble ideals. It may quickly collapse under financial strain. Universities become chronically underfunded – lecture halls overflow, equipment grows obsolete. Faculty burnout soars as universities compensate by slashing staff and morale – quality lies in ruins. Without proper funding, 'free' becomes a bargain at the cost of excellence. Scotland's SNP policy cut per-student funding by 15% in a decade. France still struggles with Mitterrand's underfunded fiscal legacy – its 2014's dismal stats reported 30% on-time graduation, 44% first-year retention. Macron's recent €904M education budget cuts worsen overcrowded reality. Germany stumbled initially. Merkel's Higher Education Pact 2020 and Excellence Initiative had to pour billions into reforms. They reinstated Numerus Clausus restrictions. Elite program admissions remain brutally competitive everywhere. Only 20% of qualified applicants secure UK medical school spots. 25% in Germany's Numerus Clausus. 5% of NEET-qualified candidates in India. These bottlenecks exist regardless of tuition fee schemes. The verdict? Free tuition works only with massive, sustained investment and tough controls. Anything less fails students and economies alike. Job Market Disconnect Critics argued against Sri Lanka's Mahinda Rajapaksa-era 20% graduate unemployment. Egypt's Abdel Fattah el-Sisi's education expansion bred 'diploma mills.' Free tuition without market accountability fails. When neither students nor universities bear the cost of poor program choices, the result is identical. Protests over unemployable degrees. Systems that prioritise access over outcomes. Today, Sarawak's economy depends heavily on oil, gas, and palm oil. It requires specific technical skills and entrepreneurial capabilities. While the FTES covers STEM, Law, Medical, Accounting, and Finance programs, this traditional academic focus may not align with future emerging economic needs. A free university system that channels students toward conventional programs today – rather than future growth sectors like digital technology, green energy, and advanced manufacturing – creates ill-equipped graduates tomorrow. Social Mobility Failure The most profound irony: poorly designed free education policies may increase inequality rather than reduce it. Chile's experience under Michelle Bachelet's expanded free higher education shows how middle-class families capture the greatest benefits. Working-class students continue facing barriers from living costs and cultural capital gaps. Brazil shows similar patterns under Lula da Silva's expansion policies. Chronic underfunding creates a two- tier system. Wealthy families send children to expensive private schools for university preparation. They then capture most free public university places. Poor students miss out entirely. In Sarawak, urban families in Kuching and Miri are better positioned to take advantage. They have superior secondary education preparation and stronger social networks. Rural and indigenous communities face different barriers that removing tuition fees doesn't address. A Better Path Some critics say Sarawak merely requires resolute governance to optimise implementation rather than pursuing ideologically-driven yet demonstrably ineffective strategies. Rather than blanket free tuition, the focus should be on: Enforcing PTPTN's income-contingent loans with proper graduate tracking Targeted equity reforms – more scholarships for poor and rural B40 students Performance-based funding that rewards universities for post-tertiary professional trajectories. The debate isn't about ideals of access (this is unassailable) but implementation realities. A tuition-free degree is worthless if it doesn't open doors. Related
Daily Mail
6 days ago
- Business
- Daily Mail
The best cities in the world revealed - and seven UK cities make the list... is YOUR hometown on it?
A new ranking of the world's best cities has been released and there are seven UK cities in the top 100. The Oxford Economics Global Cities Index ranks 1,000 cities based on their economy, quality of life, environment, human capital and governance. In 2025's list, New York takes the crown and is described as the 'economic capital of the United States' and 'in many ways, the world'. Second on the podium? London. The report says: 'London may fit the definition of a "Global City" more than anywhere else in the world. 'The city has established itself as a perpetually relevant locale for business, science and technology, education and the arts.' While the Big Smoke's economy helped it rise up the ranking, London 'really stands out' as the 'world's leading city for human capital', due to its 'numerous world leading universities, diverse labour force and large pool of international headquarters'. The report adds: 'London has weathered the UK's past stumbles related to Brexit and the turmoil of the Prime Minister's office quite well. Fears that Brexit would lead to a decline of the city as a global financial centre have not been realised.' Although London scores highly in the ranking, its high housing expenditure, low economic diversity and low income equality are noted as weaknesses. But London isn't the only British city to earn a place in the top 100. Edinburgh lands just outside the top 50 in 57th place. The Scottish metropolis is listed as a key example of a 'cultural capital'. Cultural capitals have a 'high quality of life' with many 'cultural sites' and a 'sizeable share of foreign-born residents'. Bristol is the second-highest performing English city and ranks at 68th place. The city picks up high scores for economy and quality of life. Leeds ranks in 83rd place and is listed as a sustainable city. Sustainable cities are considered to have 'prioritised sustainable growth' and are 'focused on the clean energy transition'. Cambridge, another city considered to be a 'cultural capital', ranks in 86th place on the list. It gets its highest scores for its economy and quality of life. Glasgow just makes the top 100, ranking at 90th on the index. It scores particularly highly for quality of life. BEST CITIES IN THE WORLD 1. New York, USA 2. London, UK 3. Paris, France 4. San Jose, USA 5. Seattle, USA 6. Melbourne, Australia 7. Sydney, Australia 8. Boston, USA 9. Tokyo, Japan 10. San Francisco, USA 11. Los Angeles, USA 12. Washington DC, USA 13. Dublin, Ireland 14. Stockholm, Sweden 15. Seoul, South Korea 16. Zurich, Switzerland 17. Oslo, Norway 18. Copenhagen, Denmark 19. Dallas, USA 20. Toronto, Canada 21. Singapore, Singapore 22. Munich, Germany 23. Brisbane, Australia 24. Chicago, USA 25. Geneva, Switzerland 26. Denver, USA 27. Amsterdam, Netherlands 28. Atlanta, USA 29. Berlin, Germany 30. Houston, USA 31. Perth, Australia 32. Luxembourg, Luxembourg 33. Philadelphia, USA 34. Brussels, Belgium 35. Minneapolis, USA 36. Vienna, Austria 37. Vancouver, Canada 38. Helsinki, Finland 39. Hamburg, Germany 40. San Diego, USA 41. Phoenix, USA 42. Basel, Switzerland 43. Montreal, Canada 44. Madrid, Spain 45. Miami, USA 46. Tel Aviv, Israel 47. Austin, USA 48. Bern, Switzerland 49. Gothernburg, Sweden 50. Portland, USA Source: Oxford Economics The last British city to rank among the global top 100 is Manchester which comes in 93rd place. Another 'sustainable city', Manchester is recognized for its high quality of life. Paris takes third place on the overall ranking and is described as one of the world's 'economic powerhouses'. San Jose, the home of 'most major technology companies' including Apple, Meta and Alphabet, takes fourth place on the list. The report states that the Californian city 'attracts some of the brightest minds around the globe'. Seattle rounds off the top five due to its status as a 'major tech sector' and its high income per person. Melbourne, Sydney, Boston, Tokyo and San Francisco also make the top 10 best cities in the world. At the other end of the scale, Sokoto in Nigeria ranks last out of 1,000 cities with Sultanpur in India and Kaduna in Nigeria also among the bottom three.
