Nk consulting series 2.2

12
Insights 2012 Naveen Kumar- Co Founder rFactorConsultants

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One of the short views shared with a Client's HR Leadership Team during their Strategic Offsite meet. Feel free to share your thoughts too !

Transcript of Nk consulting series 2.2

Page 1: Nk consulting series 2.2

Insights 2012

Naveen Kumar- Co Founder

rFactorConsultants

Page 2: Nk consulting series 2.2

Reading the Signs

HR leaders are discovering that Technology savvy

and Analytical skills are key to effective talent

management.

Globally, mobile data traffic grew 2.3-fold in 2011,

more than doubling for the fourth year in a row.

By 2016, there will be 1.4 mobile devices per capita

— that’s more than 10 billion, which will exceed the

world’s estimated population at that time of 7.3

billion ~ Cisco’s “Visual Networking Index: Global Mobile Data

Traffic Forecast Update

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Identifying the Shift

The days of pen, paper and spreadsheets are

practically history.

HR has moved from focusing on efficiency to

effectiveness.

The immediate and long-term cost-effectiveness of

HR technology becomes crucial during a downturn,

and numbers are showing that CEO/ CHROs at

organizations of all sizes, in all locations and in all

industries are realizing this.

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Asking the right Questions

Traditionally - this does not work in our soft areas ?

Are you sure ? Ask again

By streamlining constant feedback between

manager and employee, technology can make

communication more efficient and improve

companywide performance immediately.

When was the last time you used the result of a

performance review to improve performance ?

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The new HR Playground

Findings from the 10th Annual Source of Hiring

report revealed that 39 percent of firms manage

prospects and candidates through social media tools.

Yammer, LinkedIn, Facebook and Twitter provide

effective venues for associates to connect and create

compelling environments of informal learning.

Are you playing enough ?

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Where are you Playing Now ?

By adopting Mobile technology for HR processes,

employers can boost service levels, employee

satisfaction and productivity rather than dealing with

administrative frustrations.

We had customization in the past, but Mobility is

leading to Personalization.

You build Brand Loyalty by being relevant to

employees’ Lifestyle.

Are you still old fashioned ?

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Technology is No Panacea

HR Managers have to work hard to make sure all

new technology is intuitive.

After all technology is only a tool, not an end in

itself.

We need to spend a lot more time than we already

do talking to our employees about how these tools

can and should be used.

Remember this - Most busy employees don’t have

the time or attention to learn new software.

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Heard this “Singularity”

The next innovation is the combination of the

technology with human intelligence, analysis and

insight

We are fast approaching a golden age in human evolution

when our intelligence, aided by technology, will surpass

biological limits and spark the beginning of a new era where

progress will be so fast our primitive lizard brains will be

unable to follow it

Year 2045 - the non biological intelligence created in that year

will be 1 billion times more powerful than all human

intelligence today ~ Futurist and author Ray Kurzweil

How about TM Singularity ?

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HR New Toy

“HR will discover that analytics are a key tool for

solving the garbage in, garbage out problem in talent

management, and emerging technologies around

mobile, social and analytics — delivered in the

cloud — will become tools the HR professional uses

to instil culture, drive change and facilitate work in

the organization.”

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Where is HR Headed

As tech suites mature, H R Managers do have the

opportunity to move up the value chain from

delivering services – filling open positions

efficiently, administering employee training globally

– to enabling better business decision-making at the

macro level

USC’s John Boudreau called it evidence-based

HR practice

Jackie Orme of the U.K.’s Chartered Institute for

Personnel and Development calls it insight-led HR

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HR New Role

“HR will discover that analytics are a key tool for

solving the garbage in, garbage out problem in talent

management, and emerging technologies around

mobile, social and analytics — delivered in the

cloud — will become tools the HR professional uses

to instil culture, drive change and facilitate work in

the organization.”

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Why us ?

rFactorConsultants has been a pioneer in the area of integrated Talent Management

Advisory Services. While some firms have only begun work in this field, we have been

partnering with many MNCs and Indian Firms in designing “best in class” HR Practices

Operating with resources drawn in from various domains which include Behavioural

Science, Learning & Development and Human Resources,we have built an enviable

reputation in delivering to the Client’s expectations, for assignments, ranging in Action

Learning Teams, Leadership Development Seminars, Executive Coaching,

Psychometric and 360 Degree Assessment, Feedback and Development Planning,

Mentoring Programme, Succession Planning , Corporate Training , Education Solutions

and L&D consulting services .

Our services & solutions are designed with the philosophy that every organization has a different

learning need. We analyse our client’s requirements and suggest a methodology that delivers

results. Our focus is always on achieving Business ROI for our Clients.

For more details do visit www.rfactorconsultants.com or write to [email protected]