The Future of Work is Human - Korn Ferryinfokf.kornferry.com/rs/494-VUC-482/images/EMEA FOW... ·...
Transcript of The Future of Work is Human - Korn Ferryinfokf.kornferry.com/rs/494-VUC-482/images/EMEA FOW... ·...
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The Future of Work is HumanFour online webinars to help unlock the potential of your people
6thJuly, 2017
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© 2017 Korn Ferry. All rights reserved 2
Your Korn Ferry team today
Jaime Maxwell-Grant
Senior Client Partner
Steve Newhall
Managing Partner
UK & Ireland
Madeline Dessing
Senior Client Partner &
EMEA Solutions Lead
Series Host Today’s Speakers
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Housekeeping
• All lines are muted
• Please submit your questions via
the Q&A panel at any time
• The session will be recorded
• Your feedback is important:
Please take our 1-minute survey
at the end of our session
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A total approach to leadership and talent
Korn Ferry Hay Group
helps you align your
organisation to your people
– developing, engaging, and
rewarding them to reach
new heights.
Korn Ferry Executive
Search helps you attract
the best executive talent
for moving your company
in the right direction.
Korn Ferry Futurestep
delivers professional
talent that builds up
leadership.
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Do people have a place in the future of work?
© 2017 Korn Ferry. All rights reserved 5
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Future of Work Research
• Over 800 CEOs, Chief Commercial
Officers and Chiefs of Strategy
around the world were interviewed
to illuminate where they perceive
value today and tomorrow, and
where people factor into their vision
for success.
• For the first time, the firm has
quantified the dollar value of
human capital relative to
physical capital.
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CEOs view on top five most valuable assets…
1Technology (product, customer
channels)
2 R&D / Innovation
2 Product / Service
2 Brand
2Real Estate (including offices,
factories, owned land)
…in five years time…now
1Technology (back-office
infrastructure)
1Technology (product,
customer channels)
1 Culture
4 Inventory
5 R&D / Innovation
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Key client concerns.
Disintermediation Multi-generational workforce Globalisation
Scarcity of qualified talent Contingent workers
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New era of access over ownership.
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Market Capitalisation
Product
1-2x
People
1-3x
Technology
5x
Network
8x
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But organisations don’t realize the
value of their people.
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For every dollar invested
in human capital, $11.39
is added to GDP
Humans: $1,215 trillion
vs.
Technology: $512 trillion:
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1. There is no value to be created from technology unless people embrace it.
2. People are the stewards of
technology – we have the
power to accelerate or limit its
impact. We can’t control it but
we can shape it.
3. People are the champions of
technology – it is created to
allow us to do things faster,
better and easier.
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People drive business
CEOs that are more capable in
managing complexity, by only 1 point
on a 5 point scale, deliver 83.3%
increase in market cap.
CEOs assessed using a rigorous view of
their leader competencies stay 67%
longer and deliver 25% greater
shareholder value
Companies, whose people have high
learning agility, are 25% more profitable
than their peers.
Fully engaged employees are 2.5 times
more likely to exceed performance
expectations than their ‘disengaged’
colleagues.
Fortune’s World’s Most Admired
companies outperform the S&P 500 by over
5 times and pay their employees 5% less.
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The challenge is people with the right skills and competencies are in short supply.
Seven Signposts
1. A track record of formative experience
2. Self-Awareness
3. Leadership traits
4. Drive to be a leader
5. Aptitude for logic and reasoning
6. Managed derailment risks
7. Agility
“
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Panel Q&A Discussion
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Please enter your questions in the Q&A Panel
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• The Future of Work is Human – July 6th
• How to Assess and Acquire Your Future Workforce – July 19th
• Retain and Engage Talent Through Reward, Engagement and Culture – September 13th
• Leading the Workforce of the Future – September 28th
Future of Work Webinar Series
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Thank you