HR Inspired - 5 Trends Dramatically Changing Workforce Management
HR: CHANGING PARADIGMschcpune.org/assets/NS2016/6. HR- Changing Paradigm - Mr Joy... ·...
Transcript of HR: CHANGING PARADIGMschcpune.org/assets/NS2016/6. HR- Changing Paradigm - Mr Joy... ·...
HR: CHANGING PARADIGM
JOY CHAKRABORTY
CHIEF OPERATING OFFICER
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INDEX
TOPIC SLIDE NO.
Introduction 3
Traditional functions Vs Transformed functions 4-5
Managing change 6-7
Talent Development 8-10
Brand &Culture 11
Containing Attrition 12
Strategic Human resource management 13-16
Why is this relevant for the Healthcare industry? 17-19
Top Companies with Best HR practices 20-32
New Trends in HR for 2016… 33-41
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Introduction
• Concept and practice of Employee-Employer relation has undergone a ‘sea change’ in the last one decade
• Redistribution of power
• Greater participation of employees
• Vertical and horizontal information sharing
• Team work
have replaced • Traditional traits of industrial relations
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Traditional Functions … Attract
Recruit
Promote
Compensate
Train
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Transformed into …
•
Talent Development Managing Change
Brand Promotion Containing Attrition
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Change Managment
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Managing Change
Flexible
Dynamic
Attitude
Focused Change
management
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Talent Development
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The best talent policies respond to changing conditions on the
ground and to cultural differences across the globe
- HBR
Sense of purpose is an overwhelming differentiator in
attracting top talent - HBR
Encourage Long term
Start on Day 1
Recognize and rely on
Experience
Leadership development
Succession Planning
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Towards Competency based Talent Management
Recruitment & Selection
Performance Management
Compensation & Benefits
Learning & Organization Development
Career & Succession Planning
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Brand & Culture Attract
HR is the ‘Face’ of the
organization
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Containing Attrition
High rate of attrition = Cost {recruiting, selection and training }
Retention: Not a One time Affair
Managers who keep everyone are very bad managers,
Managers who lose large numbers consistently are also bad managers
}
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Strategic Human resource management
• An integral part of an organisation’s vision and strategy
• Occupies the centre stage
• To consider that Employees are
• Largely in the age group of 25-35
• More loyalty to profession than organisation
• Are educated and skilled
• There is high level of mobility and attrition
• They want the best of welfare and packages
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• Aim at developing people and their potential for growth
• Skill and the potential of individuals are interlinked and aligned to the organisational goals
• Global presence and acceptance depends upon organisational culture and how trustworthy it is towards the community at large.
• Trust being highly perishable depends on consistent behaviour
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Leading SHRM practices
• Master administrative or transactional aspects HR
• Make human capital investments
• Ongoing training and development
• Identifying and supporting mechanisms to solicit and utilize input from both managers and front-line staff
• Identifying and supporting opportunities for staff from various areas to collaborate on shared initiatives
• Make innovation and inspiration a top corporate priority through organizational, team and individual performance management
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• Focus time and attention on ensuring communication between all levels of the organization
• Identify key opportunities to develop and implement long-term strategies to improve employee motivation and productivity
• Increase employee productivity by striving to identify and remove obstacles that serve as a barrier to performance
• Focus time and attention on addressing and solving problems that impact an individual’s ability to do their best work
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Why is this relevant for the Healthcare industry?
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Its all about ‘Perception’….
• Patients’ Power to choose has increased
• Quality of the overall experience is an important differentiator
• Competition based on ‘Perception’
• 75% patients judge hospital quality based on perception of care rather than objectively measurable clinical factors
• Nearly half of patients have switched based on negative service experiences
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Healthcare… … A Human Process
• Healthcare is fundamentally a ‘Human process’
• Connection between the provider and patient
• Empathy, Care, ability to listen, ability to connect, responsiveness, understanding emotional needs while providing patient care is the key
• To provide value-based care - Attitude of Service, a Service mindset of alleviating patient suffering essential
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Top Companies with Best HR practices
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Best company to work for in the World
• 7-acre sports complex • 3 wellness centre’s • Indoor roller hockey rinks • Horseshoe pits • Over 100,000 hours of
subsidized massages each year
• Global Education Leave program Right Tools attract Best
Talent
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Contd… • Global Education Leave program - This enables employees to take a
leave of absence to pursue further education for up to 5 years and $150,000 in reimbursement.
• Google’s philosophy is that with the Right tools, you can attract the Best Talent, and develop happier and more productive employees
• A strategic focus on people management is necessary because innovations come from people and you must provide them with great managers and an environment that supports innovation.
• People Analytics – Google’s HR department takes all people related decisions through their data analytic tool. It is the world’s only data-driven HR function. They have renamed their HR function to “People Analytic”.
• Google’s success has to be attributed in large part to the fact that on average, each employee generates nearly $1 million in revenue and $200,000 in profit each year.
• Google Ideas- Googlers regularly submit their thoughts on product improvements or provide suggestions about how to make things better around Google. These ideas are rated on a scale of 0 to 5 (Dangerous or harmful if implemented) to 5 (Great idea! Make it so) and the management pays close attention to them.
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For Health and fitness of workforce:
incorporating park and recreation, outdoor sports,
swimming
Housing, Schools, Hospitals,
Museums, Public baths, Reading rooms
Bourneville
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Contd… • When it comes to people management, Cadbury leads the
way
• Not only is the company the world’s second largest confectioner, but it has also earned the HR accolade by putting its people first
• Since founded in 1824, Cadbury has maintained its worker village and R&D factories • The Village offers its staff and their families a comfortable
environment to work and live
-In 1893, George Cadbury bought 120 acres (0.5 km²) of land close to the works and planned, at his own expense, a model village which would 'alleviate the evils of modern, more cramped living conditions'.
• The company is built on an altruistic belief system that makes people a priority
• The Cadbury culture combines positivity and balance, among work and life
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• High-trust environment
• Exhibiting a Low Turnover rate
• Recreation and fitness facilities
• Greenways that connect buildings to
buildings
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Contd…
• The HR practices at SAS are innovative and creative;
• The company offers a university campus feel on its grounds, with greenways that connect buildings to buildings
• Recreation and fitness facilities are found on campus, offering time for employees to take part in maintaining the health of the entire person – mind, body, and spirit
SAS is noted for offering a
• high-trust environment
• exhibiting a low turnover rate
• The HR department is recognized as a pioneer in addressing day-to-day stresses and concerns that are common in a workplace environment
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Team Dynamic
Internal Communication
Management Credibility Extensive On
the Job Training
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Child Care Elderly Care
Work Life Balance Support Groups
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Contd….
• The key is the company encourages employees to balance their work and personal life / on balancing work and families
• HR focuses efforts on childcare for working mothers and fathers
• Eldercare for elderly parents are offered extensive services
• Subsidized tuition is offered for employees who earn below a certain level
• Nursing home placement, home health services, and support groups are part of the innovative ways the HR team at Brigham and Women’s Hospital helps its employees eliminate stress
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• “Parivaar” Culture
• Benefits
• Paid Leave
• Healthcare benefits
• free of cost healthcare for self – irrespective of value
• for dependents for who earn below a certain level
• Medical assistance to staff with mentally challenged children
• Subsidized meals
• High retention rate: Long service awards
• ‘Healthy Workplace Award Gold 2015’
• AHPI Healthcare Excellence Award:
‘Best Hospital to Work for’
Healthy Workplace Award Gold
AHPI ‘Best Hospital to work for’
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• Employee Engagement activities
• Training & Talent development
• Compensation
• Welfare Society
• Cooperative Credit Society
• Employee Satisfaction Surveys
• Samvaad
• Coffee with CEO
• Healthy Hinduja Programme
• Nurse Connect programme – Nurse Happy hours
• Swacch Hinduja Campaign
• Hinduja Premier League
Nurse Connect Programme
Long Service Awards to employees with above 15 and 25 years of services
Staff Welfare Activities
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• LEAD
• Building Operational Leadership
• In House Curriculum for Skill development
• Sports & Extracurricular Activities
• Celebration different days with employees to focus on Institutional values
• Career Counseling for Staff Children
• Employee Suggestions
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New Trends in HR for 2016…
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HR embraces Agile
Don’t Try to be Perfect
Stop Regular Meetings
Keep HR team small
Simplicity
4 Values of Agile
Adaptability
Transparency Unity
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Back to the office
No need to work from Home!
Come to Office!
Work Closely together!
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HR goes soft on performance ratings
Time Money Effort
Stress!!!
Myth of the Bell Curve
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Individualisation
Treat employees as individuals
Use People Analytics
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Talent everywhere
Internal and External talent!
Talent is Everywhere!
Talent Development
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Artificial intelligence
Trend Analysis - Data, Workforce, Job,
Company trends
Remove Biases
Pattern recognition in resource matching
Make Logical Decisions
Detect & Select the Best!
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Employee engagement and culture as top priority
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Focus on well being and resilience
Healthy employee is a more Productive
employee
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THANK YOU
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