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The Future of Work is Human Four online webinars to help unlock the potential of your people 6thJuly, 2017

Transcript of The Future of Work is Human - Korn Ferryinfokf.kornferry.com/rs/494-VUC-482/images/EMEA FOW... ·...

Page 1: The Future of Work is Human - Korn Ferryinfokf.kornferry.com/rs/494-VUC-482/images/EMEA FOW... · 2017. 7. 10. · Korn Ferry Hay Group helps you align your organisation to your people

The Future of Work is HumanFour online webinars to help unlock the potential of your people

6thJuly, 2017

Page 2: The Future of Work is Human - Korn Ferryinfokf.kornferry.com/rs/494-VUC-482/images/EMEA FOW... · 2017. 7. 10. · Korn Ferry Hay Group helps you align your organisation to your people

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Your Korn Ferry team today

Jaime Maxwell-Grant

Senior Client Partner

Steve Newhall

Managing Partner

UK & Ireland

Madeline Dessing

Senior Client Partner &

EMEA Solutions Lead

Series Host Today’s Speakers

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Housekeeping

• All lines are muted

• Please submit your questions via

the Q&A panel at any time

• The session will be recorded

• Your feedback is important:

Please take our 1-minute survey

at the end of our session

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A total approach to leadership and talent

Korn Ferry Hay Group

helps you align your

organisation to your people

– developing, engaging, and

rewarding them to reach

new heights.

Korn Ferry Executive

Search helps you attract

the best executive talent

for moving your company

in the right direction.

Korn Ferry Futurestep

delivers professional

talent that builds up

leadership.

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Do people have a place in the future of work?

© 2017 Korn Ferry. All rights reserved 5

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Future of Work Research

• Over 800 CEOs, Chief Commercial

Officers and Chiefs of Strategy

around the world were interviewed

to illuminate where they perceive

value today and tomorrow, and

where people factor into their vision

for success.

• For the first time, the firm has

quantified the dollar value of

human capital relative to

physical capital.

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CEOs view on top five most valuable assets…

1Technology (product, customer

channels)

2 R&D / Innovation

2 Product / Service

2 Brand

2Real Estate (including offices,

factories, owned land)

…in five years time…now

1Technology (back-office

infrastructure)

1Technology (product,

customer channels)

1 Culture

4 Inventory

5 R&D / Innovation

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Key client concerns.

Disintermediation Multi-generational workforce Globalisation

Scarcity of qualified talent Contingent workers

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New era of access over ownership.

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Market Capitalisation

Product

1-2x

People

1-3x

Technology

5x

Network

8x

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But organisations don’t realize the

value of their people.

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For every dollar invested

in human capital, $11.39

is added to GDP

Humans: $1,215 trillion

vs.

Technology: $512 trillion:

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1. There is no value to be created from technology unless people embrace it.

2. People are the stewards of

technology – we have the

power to accelerate or limit its

impact. We can’t control it but

we can shape it.

3. People are the champions of

technology – it is created to

allow us to do things faster,

better and easier.

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People drive business

CEOs that are more capable in

managing complexity, by only 1 point

on a 5 point scale, deliver 83.3%

increase in market cap.

CEOs assessed using a rigorous view of

their leader competencies stay 67%

longer and deliver 25% greater

shareholder value

Companies, whose people have high

learning agility, are 25% more profitable

than their peers.

Fully engaged employees are 2.5 times

more likely to exceed performance

expectations than their ‘disengaged’

colleagues.

Fortune’s World’s Most Admired

companies outperform the S&P 500 by over

5 times and pay their employees 5% less.

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The challenge is people with the right skills and competencies are in short supply.

Seven Signposts

1. A track record of formative experience

2. Self-Awareness

3. Leadership traits

4. Drive to be a leader

5. Aptitude for logic and reasoning

6. Managed derailment risks

7. Agility

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Panel Q&A Discussion

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Please enter your questions in the Q&A Panel

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• The Future of Work is Human – July 6th

• How to Assess and Acquire Your Future Workforce – July 19th

• Retain and Engage Talent Through Reward, Engagement and Culture – September 13th

• Leading the Workforce of the Future – September 28th

Future of Work Webinar Series

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Thank you