Talentnomics lance richards talentnet dallas sep 13

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Lance Richards presented at TalentNet Live Dallas at Pizza Hut HQ 9/13/13 Talentnomics, The Next Next Business Crisis

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  • 1. Talentomics: The Next Next Business Crisis

2. #talentnet @lancejrichards 3. Effective average word per slide ratio 3.642 4. HR vs. the Global Village (Guess whos winning?) 5. AP 6. What must youdo? 7. Know what your CEO worries about 8. 2013: CEOs Top 10 Global Challenges Challenge Score 1. Human Capital 2.44 2. Operational Excellence 2.10 3. Innovation 1.99 4. Customer Relationships 1.72 5. Global Political/Economic Risk 1.68 6. Government Regulation 1.55 7. Global Expansion 1.31 8. Corporate Brand & Reputation .92 9. Sustainability .82 10. Trust in Business .46 9. 2013: CEOs Top 10 Global Challenges Challenge Score 1. Human Capital 2.44 2. Operational Excellence 2.10 3. Innovation 1.99 4. Customer Relationships 1.72 5. Global Political/Economic Risk 1.68 6. Government Regulation 1.55 7. Global Expansion 1.31 8. Corporate Brand & Reputation .92 9. Sustainability .82 10. Trust in Business .46 10. 2013 - What About Talent? Europe No. 1 India CEOs No. 1 Asia/Pacific CEOs No. 1 China CEOs No. 2 USA No. 5 Source: Conference Board CEO Challenge, 2013 11. Perceptions are as important as reality. 12. 58% AGREE Line Managers HR lacks capabilities to develop talent strategies aligned with business objectives 25% AGREE HR Managers 13. HR is not held accountable for success or failure of talent management initiatives 64% AGREE Line Managers 36% AGREE HR Managers 14. CEOs biggest issues with HR 58% Business Acumen 10% Admin Skills 15. MttF? CpH? Frankly, almost no one cares. 16. Eyes rolling 17. Choose your metrics wisely. 18. Agility 19. Results 20. What must youdo? 21. BUT NO LONGER SUFFICIENT Being good at HR is required 22. AS WELL AS HR KNOWS HR HR must KNOW the business 23. Understand workforce science 24. WAR FOR TALENT 25. Supply vs. Demand 26. The Oops Point You are here... TODAY. 27. Yuma 31.8% Spain 26.6% Greece 26.8% Detroit 16.0% US 7.4% Dallas 6.4% China 4.1% Singapore 2.1% Thailand 0.62% Statistical Full Employment: 4.3% 28. The Jaws of the Snake Ten Year US Employment Picture 29. MATURE MARKETS EMERGING MARKETS 30. NIGER 7.16 SOMALIA 6.26 SUDAN 4.17 INDIA 2.58 WORLD 2.47 USA 2.06 RUSSIA 1.61 CHINA 1.55 JAPAN 1.39 HONG KONG 1.09 SINGAPORE 0.78 31. Gen Ys Favorite Leisure Activity? UK USA World Surfing the Internet 34% 33% 37% Having sex 15% 18% 18% Brasil France World Internet 72% 7% 40% Dating 7% 54% 13% Sources: InSites.com Gen Y Around The World; April, 2012. Cisco Connected World Technology Report, December, 2011 32. What must youdo? 33. Be a Supply Chain Manager 34. TSCMTalent Supply Chain Management 35. Supply Chain Differentiators Boxes Talent Does as its told YES NO Will route correctly, simply and predictably YES NO Has a voice NO YES Has an opinion NO YES Exercises choice NO YES 36. No. (Bad HR person. Bad!) 37. FTEs Consultants Contractors Temps SoW Outsourced Offshored = Your total workforce- wherever they are! 38. What must youdo? 39. Do not abdicate. 40. Supply chain = network 41. Know your Knowledge Worker 42. Education is CRITICAL economic infrastructure 43. In India, it takes engineers 2-3 years to recover from the damage of the educational system Phaneesh Murthy CEO, iGate Patni 44. The Number One threat to national security in the US is our K-12 educational system Dr. Condoleezza Rice Former US Secretary of State 45. The end-consumer of education is not the kid, its the employer. Write that down. 46. Knowledge workers tomorrow? 47. In a knowledge economy, the only differentiator you have is knowledge. 48. what does mean? all this 49. Scary things. 50. redefined untethered virtualised 51. The redefined workforce has redefined the workplace. Get used to it. 52. Office is a verb now, not a place. 53. If you cant move the worker, MOVE THE WORK 54. skyscraperpe 55. In 2050, what are we going to do with all these empty buildings? 56. It is not the strongest of the species that survives It is the one most adaptable to change. 57. FAIL TO CHANGE, YOU FAIL 58. What must youdo? 59. Dont manage knowledge. Curate it. 60. #understandgeny 61. We really, really, really dont like change. But we better learn to. 62. Millennials Unilateral Redefinition 63. Community Career Commitment Meaning Balance Engagement WT?? 64. Was the Arab Spring crowdsourced? 65. The Third Place 66. 40 hour workweek GONE 67. Loyalty: Career Network Profession Not you. 68. Lifetime Employability Lifetime Employment 69. Corporate Ladder?Really? 70. I like pizza. 71. Frightening new reality: Managers must manage. 72. 2.4 years 73. Workforce Evolution Workplace Revolution 74. #disruptHR 75. Tomorrow? Meet Gen Z. 76. 1000+ apps listed under infant 77. Wi-Fi in the house? 24/7. Math Homework? An app. Book reports? Apple Keynote. They will own employers. 78. What must youdo? 79. Dont manage me, #understandme! 80. Can collaboration kill off hierarchy? (Cool! How soon?) 81. communication = collaboration collaboration = communication 82. How we communicate drives how we attract and retain talent. 83. 1517 84. 2012 85. Source: Paul Butler @ Facebook, December 2010 blogpost; https://www.facebook.com/note.php?note_id=469716398919; http://pdf.secdatabase.com/700/0001193125-12-316895.pdf The Peoples Republic of Facebook Teaching collaboration and crowd-sourcing since 2004 86. Virtual collaboration skills are critical to our future. Guess what facebook teaches? 87. What must youdo? 88. Dont harness collaboration Dont leverage collaboration. #embraceit 89. THE FUTURE IS 90. (or, maybe it was an hour ago, and we all missed it) 91. Pertanyaan? ? ? Domande? Questions? ? Krdsek? Sprsml? Preguntas? Soalan? ? Umruefni? Fragen? Sorularnz? Otzky? Vragen? Gofyniadau? ? Ceistean? Kysymykset? 92. #talentnet @lancejrichards lance.richards@kellyservices.com