Global Human Capital Trends 2016

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The New Organization Different by design The following trends/content have been sourced from Deloitte Global Human Capital Survey.

Transcript of Global Human Capital Trends 2016

The New OrganizationDifferent by designThe following trends/content have been sourced from Deloitte Global Human Capital Survey.

Different by designGlobal trends are changing the business models, workplace and the way we work. Decision Makers can take cue from these 10 trends marked as important by 7000 companies from 130 countries in a survey conducted by Deloitte. These trends if used correctly could drive growth and success of companies & employees.

Need for RedesignDeloitte report emphasis on the fact that even after three years of struggling to drive employee engagement, retention, improve leadership, and build a meaningful culture, executives see a need to redesign the organization.

10 Trends for 2016The following slides showcase each trend and their importance rated by HR and CEOs. These trends may help to rethink organizational strategy, but the bigger quest ion is are organizat ions and employees ready to experiment.

Organizational Design92% executives rate organizational design as a top priority. Organizations are moving away f rom t radi t iona l organizational model to a more team based model that is more flexible, interconnected and productive.

New Leadership Model89% executives rate leadership on second priority. The Traditional pyramid b a s e d l e a d e r s h i p m o d e l i s n o t transforming people into leaders to meet changing business and people models. There is strong need for rethinking leadership models.

Redefining Work Culture86% executives rate culture as very important part of redesign strategy. Culture defines how and which way companies and employees would work in an organization. In recent years we have seen lot of innovative work cultures leading to positive results and actions.

Learning & Development84% executives rate learning as very important part of employee engagement. Companies have invested in new learning models and skill up-gradation. New sub trends like design thinking, content curation seem to be catching up.

Design Thinking79% executives rate design thinking as an a way to meet talent challenges. HR departments need to incorporate design thinking into their approach to manage, support, and train employees. There is need to build customized apps, tools to achieve this target.

Human Resource Skills68% executives think HR department have adequate skills to meet challenges. HR departments have seen a steady improvement when it comes to learning new skills, embracing technologies and deal with diverse employees.

Need for People Analytics 77% executives rate people analytics as a key priority. Technology is helping HR in making data driven decisions. Companies are using employment trends, social media data and hiring patterns to predict workforce data and target required talent.

Revolution of Digital HR74% executives rate digital HR as a key priority. HR department not just need to embrace digital work, but also help business leaders and employees to do so. Companies need to upgrade their social media policy and integrate digital into existing HT systems and activities.

Workforce Management71% execut ives rate workforce management as a key trend. HR faces many types of workforce management challenges like labour laws, gender diversity, remote working, employee surveys, and many other aspects.

What do you think of these trends?