THE AGILITY MINDSET- · THE AILIT MINDSET fl TRANSFORMIN OUR ORANISATION AND OUR WORKFORCE FOR A...
Transcript of THE AGILITY MINDSET- · THE AILIT MINDSET fl TRANSFORMIN OUR ORANISATION AND OUR WORKFORCE FOR A...
01THE AGILITY MINDSET – TRANSFORMING YOUR ORGANISATION AND YOUR WORKFORCE FOR A DIGITAL WORLD
THE AGILITY MINDSET-
TRANSFORMING YOUR ORGANISATION AND YOUR
WORKFORCE FOR A DIGITAL WORLD
SEPTEMBER 2018
02THE AGILITY MINDSET – TRANSFORMING YOUR ORGANISATION AND YOUR WORKFORCE FOR A DIGITAL WORLD
CONTENTS
Introduction
The importance of agility
We need to be smarter about talent
Implications for leadership
Own the automation debate
Digitalisation of assessment
Summary
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03THE AGILITY MINDSET – TRANSFORMING YOUR ORGANISATION AND YOUR WORKFORCE FOR A DIGITAL WORLD
On the 13th September, we hosted a half day seminar - The Agility Mindset –
Transforming your Organisation & your Workforce for a Digital World - focused
on the pressing need for organisations to develop an agile mindset. The event
brought together more than 30 senior HR leaders to discuss how to be agile in the
face of considerable uncertainty, new technologies, changing customer demands
and globalisation.
The event operated under Chatham House rules, giving attendees opportunities
to reflect with an open mind on their industries and businesses, and to generate
honest discussions about how agile leadership and organisational agility are key to
overcoming the challenges surrounding business growth. We’ve outlined the key
themes from the event and what organisations need to be focusing on to build a
workforce for the future.
INTRODUCTION
04THE AGILITY MINDSET – TRANSFORMING YOUR ORGANISATION AND YOUR WORKFORCE FOR A DIGITAL WORLD
The event was opened by Sir David Walker, Chairman of Sova Assessment, who
began by reflecting on the fact that the workplace has always been subject to
significant change. From the industrial revolution to the advent of the internet,
change is not a new concept for organisations.
Drawing on his experience as Air Marshall in the RAF, he highlighted that
technological innovation has been at the forefront of the organisation
throughout its lifetime. Back in 1903, no-one had yet achieved flight, yet by 1st
April 1918, the RAF was established, with 20,000 aircraft and 300,000 staff. Since
its inception, the organisation has evolved at a pace only made possible by the
constant agility rooted in the DNA of the RAF.
However, the pace and ubiquity of change as part of the Fourth Industrial
Revolution feels different. According to the World Economic Forum, 30% of jobs
will disappear by 2025, and the US Department of Labor predicts that 65% of
today’s school children will eventually be employed in jobs that have yet to be
invented (US Department of Labor).
The success of the RAF and the transformation of the workplace highlight the
importance of organisational agility. Businesses and their people must foster
a culture that is based on the ability to embrace and adapt to change while
retaining organisational stability. The criticality of agility has implications for
all aspects of an organisation, from existing staff to new hires, from business
proposition to people strategy. Whatever happens to an organisation cannot
happen without affecting its people and if our people and our processes are not
agile, businesses will not survive as the landscape shifts around them.
THE IMPORTANCE OF AGILITY
30% of jobs will disappear by 2025
05THE AGILITY MINDSET – TRANSFORMING YOUR ORGANISATION AND YOUR WORKFORCE FOR A DIGITAL WORLD
This was one of the questions we put to three HR leaders in a lively panel
discussion, featuring American Express, Citigroup and LexisNexis. Our panellists
all recognised that if they wanted to do things differently, then they would need
to think about bringing in new skills, for example hiring coding expertise into their
organisations. Such a need for new skills doesn’t always marry with established
thought processes of organisations which have been in existence for over 150
years but it’s clear from our panellists’ experience and discussions that we need to
be far smarter about how we manage our talent.
Hiring new and cognitively diverse talent doesn’t only impact recruitment but
also the systems and processes put in place to help them thrive – that could be
where employees work, how performance is managed or making flexible working
arrangements.
In the scramble to find and retain good talent, it’s clear that our processes
must treat people well. It’s crucial that we digitise the talent acquisition process
– ensuring the process passes the 3E’s test – being engaging, efficient and
effective. Employees and managers must give real-time feedback, checking in
with applicants as they move through the hiring process. Once talent is in your
organisation, the way performance management is viewed needs to change –
shifting away from annual appraisals to more frequent conversations.
But it’s not just about hiring in new skills, we also have a responsibility to invest in
the development and upskilling of existing talent.
WE NEED TO BE SMARTER ABOUT TALENT
But what does building an agile workforce mean in practice?
06THE AGILITY MINDSET – TRANSFORMING YOUR ORGANISATION AND YOUR WORKFORCE FOR A DIGITAL WORLD
Dr Kiran Chitta, chartered organisational psychologist, Sova strategic partner
and published author on the topic of organisational agility, argued that for
organisations to thrive in a digital world, a different approach to leadership is
required. Shifting away from a hierarchical ‘command and control’ approach to
being more collaborative and inclusive, where it is OK to question, and it is OK
to fail - as long as you learn!
Our panellists acknowledged that for many of their leaders the competencies
that underpinned their success so far were not necessarily those that would
take them forward. Being humble enough to recognise that you don’t always
have the answer is important, as well as creating the right environment for
people to thrive, experiment and learn. Leaders also need to find the balance
between having enough infrastructure and giving enough space to flex as
market conditions, customers and politics influence the organisational context.
Making this transition as a leader can be challenging. Exploring agility through
a psychological lens helps individuals and organisations manage paradoxes and
navigate digital transformation more effectively.
IMPLICATIONS FOR LEADERSHIP
...it is OK to
question, and
it is OK to fail -
as long as you learn!
07THE AGILITY MINDSET – TRANSFORMING YOUR ORGANISATION AND YOUR WORKFORCE FOR A DIGITAL WORLD
Each of our panellists’ organisations had gone through (and are still
experiencing) significant changes driven by technology. Technology was
responsible for re-shaping their competitor landscape as new, agile entrants
fight for position against well-established organisations. One element of new
technologies reshaping business process is automation, of which much of
the public narrative is negative when talking about the likely implications for
the workforce. Automation is perceived to lead to job losses for much of our
working population, but it’s clear we should be looking at this more positively.
28 percent of new jobs created in the UK in 2017 were in technology fields,
with expertise in artificial intelligence and data science two of the primary
drivers. We need to ‘own’ automation and bring in skillsets that support it to
increase productivity; retraining employees whose roles may be displaced or
reshaped by new technologies. The automation of some job functions can
lead to the opportunity to focus on higher value tasks within business and
design more meaningful jobs for employees of the future. Organisations that
work with automation to improve not only process, but all aspects of their
businesses, will reap benefits as these technologies continue to improve.
OWN THE AUTOMATION DEBATE
AI
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Organisations that are successful in transforming their workforces should
leave no part of the business behind and the talent assessment function is no
exception. We’ve already seen how digitalisation is impacting the assessment
industry, re-engineering the hiring funnel, by the removal of lengthy off-the-
shelf tests in favour of a single blended assessment and digital assessment
centres. These developments mark a departure from traditional approaches,
helping the assessment process to be faster, more efficient and more engaging.
Dr Alan Bourne, CEO, Sova, identified that assessment is a cornerstone of your
people strategy and can add huge amounts of value, whether by understanding
the capability of your existing talent or evaluating new hires. To be truly effective,
however, assessment needs to be future focused, digitally delivered and have
real impact. The event offered an opportunity for people to think about how their
assessment process currently operates and whether it delivers true value for the
organisation.
With regard to what is being assessed, Sova are seeing a marked shift towards
a new set of ‘must haves’ including adaptability, purpose, problem solving and
critical thinking. The speakers at our event were unanimous: organisations want
to assess for the ability to manoeuvre. Employees who are adaptable and resilient
will be crucial to our future workforce success, so assessing potential employees
against these criteria in an effective, efficient and engaging way is a key shift for
organisations globally.
DIGITALISATION OF ASSESSMENT
09THE AGILITY MINDSET – TRANSFORMING YOUR ORGANISATION AND YOUR WORKFORCE FOR A DIGITAL WORLD
It’s clear from our event that traditional ways of looking at a workforce are
outdated. Organisations have access to talent in many ways but need to
be mindful of creating processes and structures that support new ways
of working as their workforce changes. In a world with much uncertainty,
organisations need to think and act differently to thrive and stay ahead of the
competition.
We must be smarter about talent – with regard to attracting and retaining
it – and we must work with automation to achieve value for shareholders
and employees alike. Most importantly, organisations must be agile. Without
agility businesses risk being left behind by competitors and losing out on
talent, and we must work to ensure that our processes, structures and
people are equipped with the ability to adapt and be resilient in the face of
uncertainty.
SUMMARY
At Sova we help organisations
build the workforce of the
future. If you’d like to find out
more about our events or any of
our services, please get in touch