3 Workplace Investments That Will Pay Off In 2015

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3 3 Workplace Investments That Will Pay Off in 2015

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Wonder which kind of investments to make in 2015? Accounting for the workforce trends in 2015, Weekdone (https://weekdone.com) has compiled 3 workplace investments that will pay off. Learn more: https://weekdone.com - PowerPoint PPT Presentation

Transcript of 3 Workplace Investments That Will Pay Off In 2015

Page 2: 3 Workplace Investments That Will Pay Off In 2015

31. Investment in development

plans to make leaders VUCA-capable

V

VC

UA

Volatility

Complexity

UncertaintyAmbiguity

Anticipating and reacting to the speed of change.

Navigating through chaos, and confusion.

Acting decisively without always having clear direction.

Maintaining e�ectiveness

despite constant surprises

VUCA

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25%leaders not capable of VUCA

18%very capable

40%V

32%U

36%C

31%A

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VUCA-capable leaders are

Organizations with highly rated leadership development programs are

3.5xmore likely to be

promoted

3xmore likely to be in top 20% in revenue $

8.8xmore likely to have

quality leadership

7.4xmore likely to have

engaged leaders �QU

AL

ITY GUARANTEED

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What to do?

Focus on developing these skills:

managing and introducing changebuilding consensus and commitment

inspiring others toward a challenging future visionleading across generations

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2. Investment in big data to get insights into employees

90%of all data created

in last 2 years

28%managers at high

performance companies

accessing HR data

18%managers at low

performance companies

accessing HR data

In 2015 managers will increasingly interpret data relating to employee retention & performance, and use it for decision-making.

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$90%

of all data created in last 2 years

28%managers at high

performance companies

accessing HR data

18%managers at low

performance companies

accessing HR data

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increased connectivity through new technologies and big data could result in

$14.4 trillion of added value

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$What to do?

Invest in people with deep technical and analytical expertise now. By 2018, there will be a shortage of over 140,000-190,0000

professionals with these skills.

Invest in data mining technology that can provide predictive patterns into employees.

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3. Investment in social technology to collaborate e�ciently

72%companies use social

technologies

90%report business benefit from

them

1 in 5 online hours is spent on social networks - increasingly via mobile devices.

Fun fact: It took TV 13 years to reach 50 million people and

internet 3 years, Facebook just 1 year and Twitter 9 months.

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$ 1 trillion could be unlocked by social technologies

$345 billion from product development

$230 billion from improvements in business support

$500 billion from marketing, sales and after-sales

$ 1,000,000,000,000 }2/3 30%28 h

of this value creation opportunity lies in

improving communications and

collaboration:

weekly spent on e-mails, searching and collaborating

internally

could be savedby moving to

a social platform

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What to do?

Try these tools:* weekdone.com - to gain insights into your team and

communicate with team-mates* skype.com - for video conferencing and chatting

* yammer.com - to turn your company into professional facebook

of this value creation opportunity lies in

improving communications and

collaboration:

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Weekdone.com - employee progress reporting and internal communications tool. Always know team-members' plans and

achievements. Publish objectives and see how your team is moving towards them.

Resources:Meeting Tomorrow’s Business Challenges, Global Leadership Forecast 2014|2015

[http://www.ddiworld.com/resources/library/trend-research/global-leadership-forecast-2014]McKinsey's 2012 Social Economy report

IBM Big data and information management [http://www-01.ibm.com/software/data/bigdata/]CedarCrestone, HR Systems Survey [http://www.cedarcrestone.com/serv_research.php]

World Economic Forum

google.com/+weekdonefb.me/weekdonelinkedin.com/company/weekdone

@weekdone