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TRANSCRIPT
2nd Meca South HR/IR Convention
Changes in HR in the New
Digital World of Work
JULY 18, 2017
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Changes in HR in the New
Digital World of Work
1. Defining IR 4.0 for Businesses
2. Transforming Lives & Workplaces
3. Arrival of Digital HR
4. Emerging HR Technology
5. Reinvention of Talent Management
6. Robust Performance Management
7. Culture
8. Feedback
9. How Global Leadership Development Will Change
10.Revolution of Corporate Learning
11.Diversity, Inclusion & Gender Equality
12.Analytics & Data
13.Finding your Place in the Boardroom
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“Rewriting the Rules” produced by Deloitte University Press on Global Human Capital Trends
Video link : https://goo.gl/D99WzR
1. Defining IR 4.0 for Businesses
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Industrial Revolution 4.0
CLOUD!
At Propay Partners, we use a wide variety of HR
tools on cloud where employees can access real-time info on their salary, taxes, leaves,
claims, & expenses in just a single click. Our
systems have been designed to enable
information access from a unified platform.
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Industry 4.0 – Automation, IoT, Big Data &
Cloud Computing
How Disruption Changes the World Around Us
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2. Transforming Lives & Workplaces
Brand promise
Learning opportunities
Consistent employment experience
Customer-like experience
Appealing organizational
culture
SOURCE: Aon Hewitt
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3. Arrival of Digital HR
The ‘Millennial’ HR’s Deliverables
Key Elements of the Digital Work
Environment
Business process as a
service Talent
development
Social collaboration
Rewards and benefitsTalent
Acquisition
Workforce analytics
and planning
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SOURCE: Cognizant
4. EMERGING HR TECHNOLOGY
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FINDING
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5. Reinvention of Talent Management
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SOURCE: BUSINESS INSIDER
Rethinking Talent Management
Digitally Tailored Job Market
Career sites like LinkedIn,
CareerBuilder and
Monster.com have changed
the way employers &
employees connect to find
new opportunities
Connection
People scour platforms
such as Glassdoor to learn
what current employees
have to say about their job
satisfaction, company
culture, and lifestyle
Satisfaction
Freelancer.com, Toptal,
and Upwork have
transformed the sourcing of
contractors’ services
around the world via a
transparent job market
Services
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6. Robust Performance Management
Trends in gamification and the consumerisation of
enterprise applications will drive demand to include
employee performance metrics in performance
management tools
Page load times, component render times, heat maps,
segmentation, and a handful of other statistics are captured
by modern browsers and application platforms
These can be collected and analyzed to determine how an
application’s user experience affects things like shopping
cart abandonment and conversion (or the percentage of
site visitors that actually complete a desired transaction,
like purchasing something)
Software testing firm SOASTA, for example, can show
customers which pages’ performance have a greater effect
on conversion rate, and thus should get the most attention
01
02
03
04
Trends in Application & Digital Performance Management
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‘Customer-centric’ Cultures
• What does business with a customer-centric
culture feel like? Ever tried Zipcar?
• Observation: A soon-to-be-married couple
recently used Zipcar to book furniture and
realized their booking was for the wrong day!
• The Winning Stroke: Zipcar didn’t charge
them to change the booking, but also sent
them a hand-written wedding card and an
Ikea voucher!
‘Action-biased’ Cultures
• How is it that Google never alienates its
most important resource -- people’s
actions, energies, insights and
commitment?
• Observation: Employees are allowed up
to 1 day/week to work on whatever they
wanted.
• The Winning Stroke: Gmail, AdWords,
Google News & GTalk were all
successfully incubated as a result.
‘Networked’ Cultures
• How has digital disruptor Spotify
changed the way 60 million people
consume music?
• Observation: It claims it is, in large part,
due to its “agile culture”. It has small
teams, located in one place, acting like
a mini startup.
• The Winning Stroke: While the team has
a long-term mission given by the
company, it sets its own working styles
and approach.
‘Purpose-driven’ Cultures
• What makes TransferWise’s purpose --
to right the wrong of large transfer fees
charged by many banks -- so
admirable?
• Observation: TransferWise conducts
flash mobs exclaiming that it (unlike
banks) hides nothing.
• The Winning Stroke: The message is
not about using TransferWise’s services,
it’s about joining its moral crusade.
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SOURCE: BRILLIANTNOISE.COM
Culture
Changes In
The Digital
World
7. Culture
Impact your Organization's Culture has on its
Ability to Realize its Core Mission and Vision?
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SOURCE: Deloitte - Transitioning to the Future of Work & the Workplace
Getting it RightResponses via Apps
•There’s an abundance of new, app-like platforms that firms can use to measure how their employees feel, and engage them as a result
•Tech should increase the speed and frequency of data collection
Real time Chats
•Conversations should be in real time
•Greater transparency helps -- why shouldn’t all employees see how everyone else is feeling
Teams can be made to submit their plans for the week so their manager can keep track of them (in place of a team meeting) and others offer the chance to send a virtual high five as a form of recognition
Managers will be empowered in being able to collect data more easily, but the resulting behavior may be that they relax behind an app, collecting feedback through it and even using it for recognition and in place of team meetings
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8. Feedback
The Agile, Digitally-Savvy Leader
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9. HOW GLOBAL LEADERSHIP DEVELOPMENT WILL CHANGE
Digital learning tools are now accessible across devices and where teaching environments are often generated, shared and updated by users
Organizations are now running applications such as MOOCs (massive open online courses), SPOCs (small private online courses), virtual classrooms & simulations for their staff.
One global Asian manufacturer offers digital 3-D learning where employees can “see” and “feel” factory equipment. Global food company Danone also rolled out its cloud-based Danone Campus 2.0 in 2014.
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10. Revolution of Corporate Learning
• Millennials see inclusion as a mandatory part of corporate culture, defining how the company listens to them at work.
• Shareholders, customers & suppliers are taking a closer look at the issue.
• Inclusion touches issues of employee engagement, fairness, human rights & even social justice.
• Research indicates that diverse teams outperform their peers.
• Equality and gender pay equity continue to gather public attention.
Deloitte’s ‘High Impact Talent Management Research’ shows building an inclusive culture is now the no 1 predictive strategy for global financial performance, bringing this topics into the focus of CEO.
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11. Diversity, Inclusion & Gender Equality
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Source: Aon Hewitt
Building HR's Way of Life Around Data
12. Analytics & Data
Embrace the mandate to
enhance business
performance
Move from being the
follower to the leader
Set employee engagement as top priority for your company
Ensure external feedback through
customers and partners
Ensure Human capital
transformation for successful businesses
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13. FINDING YOUR PLACE IN THE
BOARDROOM
MALAYSIA (HQ)Suite 507, Block F, Phileo Damansara
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Ehsan, Malaysia.
T: +603 7665 6688
SINGAPORE37th Floor, Singapore Land Tower,
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Singapore 048623.
T: +65 3159 0661
THAILAND33 Soi. Pradipat 17,Pradipat Road
Samsenai, Phayathai,
Bangkok,10400,
Thailand.
T: +66 6 000 35470
THANK YOU
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[email protected] www.propaypartners.com Propay Partners Propay Partners