HR Capturing Talents 2013 and Beyond

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We won’t experience 100 years progress in the 21st century, it will be more like 20,000 years of progress at the today’s rate. Ray Kurwell Scientist. Coming years, AI will revolutionize homes, work places and lifestyles. Virtual worlds will become so realistic that they will be competing with the physical world. The futuristic career will be part of our lifestyle to stay on par.

Transcript of HR Capturing Talents 2013 and Beyond

RecruitStrategyGreat people are not born. They are Hired.

The New HR Age 2013 and Beyond

Singapore

RecruitStrategy

Brought to you by:

Up Close Personal Dialogue with Prime Minister Lee Hsien LoongEmployment Opportunities for Singaporeans.

Christie Khoo Bee Hoon

The Changing roles of HR in the New AgeComplying with various labour laws is a critical, but a defensive

business approach. Rare is the sports team who wins by only playing on defence. How does a good HR measure Talent?

Maximizing Employability

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http://www.youtube.com/watch?v=G8Yt4wxSblc

We’re in the middle of something like an industrial revolution, but it’s really a work time revolution

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Phyllis Moen, Sociologist

Are talents maximize in your company’s growth strategy?

Human Resources are the driving force of an organisation.

Baby Boomers : Years 1946 - 1964  

Gen X (Xers) : Years 1965 - 1982 

Gen Y (Millennial) : Years 1983 – 2000

Gen Z (iGeneration) : Years 2001 ~ 2010

Are talents involved in your company’s growth strategy?

Which group of talents are involved in your company’s growth strategy?

What % of your talent force are involved in your company’s growth strategy?

Human Resources are the driving force of an organisation.

Baby Boomers : Years 1946 - 1964  

Gen X (Xers) : Years 1965 - 1982 

Gen Y (Millennial) : Years 1983 – 2000

Gen Z (iGeneration) : Years 2001 ~ 2010

Demographics In the 1950s, the “typical” household looked like this 81% of all household had both a mother, a father. Men comprised over 80% of the country’s workforce. While women made up of less than 30%.

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Demographics Changes : “Typical” is a now thing of the past. The Singapore family and workforce is rapidly changing…..

Things change in a matter of

time…

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Today…Women comprise 50% of all workers on U.S markets.

More than half of families now have 2 working parents

Our “Gen Y” has entered the workforce………

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Women comprise 60% of all workers on Singapore markets.

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Continued growth is sign…. but statistics can be deceiving…….

Thank You to the Baby Boomers and Women !!

But Women Participation is expected to level down as Baby Boomer are preparing to leave the workforce…..

Woman

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Result in Talent Gap

One out of every 3 employees expected to retire by 2018

More 60% career are projected to be eligible by 2013

To Fill the Gap

To fill the talent gap and keep our economy growing. Employers must adapt to modern workforce.

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Almost all (98%) the women surveyed were interested to join the workforce only 74% manage to do so. More than 35% cited Family, work life balance as the top issue to address.

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Over the past 40 years, men have more than doubled the time engaged in domestic tasks and child-rearing. 60% men reported increased stress related to work/life and family balance.

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By 2016, the percentage of workforce above 55 will increase significantly, from 17% to 23%. Baby boomers will need full

retirement. Many are already seeking flexible and part time job

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In contrast to Baby Boomer, Gen Y born after 1982 are more mobile and tech savvy. Unfortunately, we had not enough

to offset the retirement of Baby Boomers

Old New Workforce

Modern Employees are seeking Modern Employers.one who understand the importance of personal and

professional flexibility

> Material

> Emotion

> Direction

The Empowered Workforce

Replace rulebooks with shared beliefs. For CEOs, it’s no longer a question of should theorganization become more open and collaborative? But rather, it’show do I run an open organization?

> Confront cultural reality

> Build values employees will live out

> Recalibrate controls

Introducing…..The Emergence Workforce of the

Future

Innovation

Technology

Sustainable

Environment

Employee

Savings

Healthier Family

Increased Productivi

ty

InsideGrowth

Is the world changing too quickly for us to stay productive? Eddie Obeng says the solution is "smart failure."

Change + Tolerance =Better Productivity

Communication Trust Teamwork Values Innovation Decisive

Engage the Talent Community

Lead by example 50%

Change the culture 50% Support Innovation 60%

Influence public policy 70%

So what can HR do to effect change?

Build Your Talent Community.

Make A Guess?

Mind Stimulating Time

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Thank You.

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Thank You For Your Time

Christie KhooTalent StrategistChristie@recruitstrategy.com

HP : 91591399