2015 Global Human Capital Trends Leading in the New World of Work

2015 Global Human Capital TrendsLeading in the New World of Work

Speakers

Bill PelsterPrincipalDeloitte Consulting

Amy WilsonVice President, HCM Strategy and ApplicationsWorkday

Join the conversation #WDAY | @DeloitteTalent

Copyright © 2015 Deloitte Development LLC. All rights reserved.4 Global Human Capital Trends 2015

2015 Global Human Capital Trends

Leading in the new world of work

Copyright © 2014 Deloitte Development LLC. All rights reserved.

Copyright © 2015 Deloitte Development LLC. All rights reserved.5 Global Human Capital Trends 2015 Copyright © 2015 Deloitte Development LLC. All rights reserved.5 Global Human Capital Trends 2015

Barriers between

work and life dissolve

Talent in high demand

Millennials make up 50% of

workforce

Globaltransparency

in job market


3,000+respondents

106countries

Largest-ever longitudinal global talent study

Global Human Capital Trends 2015


Series10 10 20 30 40 50 60 70 80 90 100

Engagement and culture

Leadership gaps

10 human capital trends for 2015

Learning & development

On-demand workforce

Reskilling HR

Performance management

People analytics

Simplifying work

Machines as talent

People data everywhere

87%

87%

86%

80%

80%

75%

73%

71%

57%

52%

50%

51%

40%

39%

% U

rgen

t


Business needs

HR Capabilities

SimplifyingWork

CorporateLearning

PerformanceManagement

ReskillingHR

PeopleAnalytics

EngagementRetention

Culture

LeadershipGaps

-26-28

-29-30

-31

-31

-36

HR is not keeping up

Global Economic Growth


LEADERSHIP

Why a perennial issue?

see leadership shortfalls as a top 3 issue

Need to focus on developing leaders at all levels

Treat as short-term training instead of a strategic initiative

87%


LEARNING AND DEVELOPMENT

Into the spotlight

see L&D as a top 3 issue;

up from #8 last year

Need toreinvent the learning experience

Skill shortage is holding back strategy execution

84%


CULTURE AND ENGAGEMENT

The naked organization

talent issue

Create meaningful work, deep engagement, and job fit

#1globalsay the problem is “urgent”– double the 2014 percentage

50%


WORKFORCE ON DEMAND

Are you ready?

More than one-third of U.S. workers are contingent

Need to apply engagement strategies to all workers

Organizations are tapping networks of specialists


PERFORMANCE MANAGEMENT

The secret ingredient

Emphasize coaching and feedback

Less emphasis on evaluation; more on agile goal setting

have changed performance management processes

86%


REINVENTING HR

An extreme makeover

Align HR capabilities with business goals

HR is being redefined as an enabler and builder of talent

see an urgent need to reskill the HR function

39%


HR AND PEOPLE ANALYTICS

Stuck in neutral

rate analytics important; only 8% are “strong”

Need a long-term commitment to analytics

No year-over-year improvement in analytics capabilities

75%


PEOPLE DATA EVERYWHERE

Bring the outside in

leverage social data for recruiting and engagement

39% Need to leverage inside and outside data sources

Vast amount of valuable social and other outside data


SIMPLIFICATION OF WORK

The coming revolution

see need to simplify work; 25% say need is urgent

75% Redesign work to focus on what matters

Technology and globalization creating overwhelmed employees


MACHINES AS TALENT

Collaboration, not competition

say that cognitive technology at work is important

Nearly 60% Stay vigilant for opportunities to apply technology of jobs are

likely to disappear within 5 years

50%


5 key findings

1#1 global

talent issue is engagement, retention, and

culture 2Leadership gap remains paramount

3Learning is now in the spotlight

4Reskilling HR

is critical

5Analytics in

high demand, but no growth in capabilities

Copyright © 2015 Deloitte Development LLC. All rights reserved.21 Global Human Capital Trends 2015 Copyright © 2015 Deloitte Development LLC. All rights reserved.21 Global Human Capital Trends 2015

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Global Human Capital Trends 2015LEADING IN THE NEW WORLD of WORK

Join the conversation #WDAY | @DeloitteTalent

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2015 Global Human Capital Trends Leading in the New World of Work

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