Lance J Richards - Kelly Services - September 24th

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Talentomics: The Next Next Business Crisis

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Transcript of Lance J Richards - Kelly Services - September 24th

  • 1. Talentomics: The Next Next Business Crisis

2. #srtech13 @lancejrichards 3. HR vs. the Global Village (Guess whos winning?) 4. AP 5. What must youdo? 6. Know what your CEO worries about 7. 2013: CEOs Top 10 Global Challenges Challenge Score 1. Human Capital 2.44 2. Operational Excellence 2.10 3. Innovation 1.99 4. Customer Relationships 1.72 5. Global Political/Economic Risk 1.68 6. Government Regulation 1.55 7. Global Expansion 1.31 8. Corporate Brand & Reputation .92 9. Sustainability .82 10. Trust in Business .46 8. 2013: CEOs Top 10 Global Challenges Challenge Score 1. Human Capital 2.44 2. Operational Excellence 2.10 3. Innovation 1.99 4. Customer Relationships 1.72 5. Global Political/Economic Risk 1.68 6. Government Regulation 1.55 7. Global Expansion 1.31 8. Corporate Brand & Reputation .92 9. Sustainability .82 10. Trust in Business .46 9. 2013 - What About Talent? Europe No. 1 India CEOs No. 1 Asia/Pacific CEOs No. 1 China CEOs No. 2 USA No. 5 Source: Conference Board CEO Challenge, 2013 10. Perceptions are as important as reality. 11. 58% AGREE Line Managers HR lacks capabilities to develop talent strategies aligned with business objectives 25% AGREE HR Managers 12. HR is not held accountable for success or failure of talent management initiatives 64% AGREE Line Managers 36% AGREE HR Managers 13. CEOs biggest issues with HR 58% Business Acumen 10% Admin Skills 14. MttF? CpH? Frankly, almost no one cares. 15. Choose your metrics wisely. 16. Agility 17. Results 18. What must youdo? 19. BUT NO LONGER SUFFICIENT Being good at HR is required 20. AS WELL AS HR KNOWS HR HR must KNOW the business 21. Understand workforce science 22. WAR FOR TALENT 23. Supply vs. Demand 24. The Oops Point You are here... TODAY. 25. Yuma 31.8% Spain 26.6% Greece 26.8% Detroit 16.0% US 7.4% Dallas 6.4% China 4.1% Singapore 2.1% Thailand 0.62% Statistical Full Employment: 4.3% 26. MATURE MARKETS EMERGING MARKETS 27. NIGER 7.16 SOMALIA 6.26 SUDAN 4.17 INDIA 2.58 WORLD 2.47 USA 2.06 RUSSIA 1.61 CHINA 1.55 JAPAN 1.39 HONG KONG 1.09 SINGAPORE 0.78 28. Gen Ys Favorite Leisure Activity? UK USA World Surfing the Internet 34% 33% 37% Having sex 15% 18% 18% Brasil France World Internet 72% 7% 40% Dating 7% 54% 13% Sources: InSites.com Gen Y Around The World; April, 2012. Cisco Connected World Technology Report, December, 2011 29. What must youdo? 30. Know your Knowledge Worker 31. In a knowledge economy, the only differentiator you have is knowledge. 32. Education is CRITICAL economic infrastructure 33. In India, it takes engineers 2-3 years to recover from the damage of the educational system Phaneesh Murthy CEO, iGate Patni 34. The Number One threat to national security in the US is our K-12 educational system Dr. Condoleezza Rice Former US Secretary of State 35. The end-consumer of education is not the kid, its the employer. Write that down. 36. Knowledge workers tomorrow? 37. what does mean? all this 38. Scary things. 39. redefined untethered virtualised 40. The redefined workforce has redefined the workplace. Get used to it. 41. Office is a verb now, not a place. 42. If you cant move the worker, MOVE THE WORK 43. In 2050, what are we going to do with all these empty buildings? 44. It is not the strongest of the species that survives It is the one most adaptable to change. 45. FAIL TO CHANGE, YOU FAIL 46. What must youdo? 47. Dont manage knowledge. Curate it. 48. #understandgeny 49. We really, really, real ly dont like change. But we better learn to. 50. Millennials Unilateral Redefinition 51. Community Career Commitment Meaning Balance Engagement WT?? 52. Was the Arab Spring crowdsourced? 53. The Third Place 54. 40 hour workweek GONE 55. Loyalty: Career Network Profession Not you. 56. Lifetime Employability Lifetime Employment 57. Corporate Ladder?Really? 58. I like pizza. 59. Frightening new reality: Managers must manage. 60. 2.4 years 61. Workforce Evolution Workplace Revolution 62. Tomorrow? Meet Gen Z. 63. Wi-Fi in the house? 24/7. Math Homework? An app. Book reports? Apple Keynote. They will own employers. 64. What must youdo? 65. Dont manage me, #understand me! 66. Can collaboration kill off hierarchy? (Cool! How soon?) 67. communication = collaboration collaboration = communication 68. How we communicate drives how we attract and retain talent. 69. 1517 70. 2012 71. Virtual collaboration skills are critical to our future. Guess what facebook teaches? 72. Source: Paul Butler @ Facebook, December 2010 blogpost; https://www.facebook.com/note.php?note_id=469716398919; http://pdf.secdatabase.com/700/0001193125-12-316895.pdf The Peoples Republic of Facebook Teaching collaboration and crowd-sourcing since 2004 73. What must youdo? 74. Dont harness collaboration Dont leverage collaboration. #embraceit 75. THE FUTURE IS 76. (or, maybe it was an hour ago, and we all missed it) 77. Pertanyaan? ? ? Domande? Questions? ? Krdsek? Sprsml? Preguntas? Soalan? ? Umruefni? Fragen? Sorularnz? Otzky? Vragen? Gofyniadau? ? Ceistean? Kysymykset? 78. #srtech13 @lancejrichards [email protected]