The founder of Thinx has lost control of the period-underwear company largely because of one serious blind spot: human resources.
As the startup expanded and pulled in tens of millions in revenue, then-Chief Executive Officer Miki Agrawal never developed HR policies or hired an HR manager.
Agrawal is out as CEO as of earlier this month, soon before Racked published a story in which current and former Thinx employees complained of low pay, sparse benefits, and erratic behavior by management. Suddenly a company that had touted itself as a champion of feminism stood accused of mistreating its largely female workforce.
In a personal essay she posted Friday on Medium, Agrawal called HR a “problem area” that she “didn’t take time to think through” and cited the lack of an HR apparatus to explain the absence of competitive benefits and pay. She didn’t address employees’ complaints to Racked about her management.
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Before joining RBC Capital Markets in October 2016, Lieberman was the Global Head of HR at the Royal Bank of Scotland. She also held top HR roles at Merrill Lynch, Lehman Brothers, and Deutsche Bank, according to her LinkedIn page.
RBC Capital Markets finished 2016 ranked 10 for investment banking fees in the US, according to Dealogic, increasing its market share. According to data firm Coalition, the firm ranked ninth for total investment banking revenues, including banking and sales and trading, in the Americas in the first half of 2016.
In an interview with Business Insider Lieberman shared some advice she received when she first started her career that informs her hiring decisions today.
” When I was starting my career, my boss told me: “Whenever someone asks you your opinion, you give it,” Lieberman said.
Lieberman said she is drawn to people who aren’t afraid to challenge others and speak their mind. And those are the qualities she looks for in new hires.
Jenny Taylor Boudoir Photography is based in Chicago and is a globally-ranked boudoir photography company that works with clients all over the country. Jenny Taylor, the owner and founder of the company, has always had a passion for learning, and is constantly looking for opportunities that would allow herself to grow and improve as a photographer and a businesswoman. Taylor is the photographer and oversees every aspect of the company. She shares how the human resources element is a large component of her job.
Read the complete article here: http://boston.cbslocal.com/2017/03/09/transforms-business-with-human-resources/
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