C women back to workforce

Women Back Women Back Workforce Workforce

Begins with U from your Begins with U from your community community

Christie Khoo, Christie Khoo,

CEO Search Pte LtdCEO Search Pte Ltd

Future Employment Papers Future Employment Papers

AcknowledgementAcknowledgement

Emerald Editorial in HRM Emerald Editorial in HRM

Today there areToday there are 7 billion 7 billion of usof us

living on EarthBy 2050, there will be

9 billion

Our children will live up toOur children will live up to 9797

Their children will live up 106

Our hunger for food Our hunger for food will risewill rise

50 %

Our need for energy Our need for energy will rise will rise

40 %

By 2050 GDP will By 2050 GDP will quadruple quadruple

FromFrom 7 73 trillion to3 trillion to 378 trillion

Today 1.8 billionToday 1.8 billion

A decade ago 370 million people had access to internet

2121stst century and century and beyondbeyond

The New HR Age The New HR Age

Recruitment is no longer in a Recruitment is no longer in a bubblebubble

1970s

Hierarchy

21st century

Talent Community

Engage

Relationship

Attract

Social MediaSocial Media

PopulationPopulation

Workforce StatisticsWorkforce Statistics

Age Male

2001

Male

2011

Female

2001

Female

2011

25 - 29 94 91 82 86

30 – 34 98 97 71 81

35 – 39 98 97 62 77

40 – 44 98 97 61 73

45 – 49 96 96 60 71

50 – 54 74 85 51 66

55 - 59 74 85 37 55

How do we make it How do we make it work?work?

Old new workforceOld new workforce

Looking at old problems from a new view point.

HypesHypes

The most commonly cited reasons holding The most commonly cited reasons holding the women back from joining the the women back from joining the workforce were the:workforce were the:

lack of suitable jobs near their homes lack of suitable jobs near their homes (45%);(45%);

lack of part-time working arrangements lack of part-time working arrangements (40%); and(40%); and

lack of required qualifications or skills lack of required qualifications or skills (35%).(35%).

How do we help?How do we help?

Categorize Women Categorize Women TalentTalent

Age Female

25 - 29 Tech Savvy less life experience

30 – 45 English Speaking

Know the Society

46 - 55 Experience with life…

56 onwards Happy Crew….

Cutting the Cutting the ComplexityComplexity

Tripartite Relations Tripartite Relations in Life in Life

Material

Emotional

Direction

Old game, new way of Old game, new way of playingplaying

RetainRetain

Society as a whole.Society as a whole.

• Housewife

• Senior Citizen

• Special Needs

• Unqualified

The old HR…The old HR…

Moving forward….Moving forward….

HR Roles in Building a Competitive HR Roles in Building a Competitive Organization.Organization.

HR is to become a strategic value-add HR is to become a strategic value-add to the pulse of an organizationto the pulse of an organization’’s s business.business.

The future role of HR will be to create organizational cultures that unambiguously confront realities and make the inner workings of the organization much more transparent to the typical employee.

The Future The Future WorkforceWorkforce

Future Workforce : Organizations must continuously create a more flexible workforce. Professional development initiatives including major commitments to training, global development assignments, and modern –day apprenticeships programs have to be put in place to keep pace with changing technology. Further, organizations should promote and deploy flexible, family-friendly workplace practices.

Thank You Thank You

Christie KhooChristie Khoo

C.khoo@ceosearch.com.sgC.khoo@ceosearch.com.sg

CEO Search Pte LtdCEO Search Pte Ltd