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©SHRM 2017 The Future of HR: Promoting Business Success in a Changing Global Workplace Martha Ramirez, SHRM-SCP, CAE TRSA Workforce Management Summit April 18, 2017 ©SHRM 2017 2 Howard Schultz on HR Value “People ask me what’s the most important function when you’re starting an organization or setting up the kind of culture and values that are going to endure. The discipline I believe so strongly in is HR….”

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©SHRM 2017

The Future of HR:

Promoting Business Success

in a

Changing Global Workplace

Martha Ramirez, SHRM-SCP, CAE

TRSA Workforce Management Summit

April 18, 2017

©SHRM 2017

2Howard Schultz on HR Value

“People ask me what’s

the most important

function when you’re

starting an organization

or setting up the kind of

culture and values that

are going to endure.

The discipline I believe

so strongly in is HR….”

©SHRM 2017

3Changing Global Workplace

SHRM Foundation

- EIU Study

©SHRM 2017

4How is the Global Workplace Changing?

1) Demographic Shifts

2) Growing Workforce Diversity

3) Increased Employee Mobility

4) Global War for Talent

5) Better Educated and skilled Workers

6) Advances in Technology

7) Flexible Work Arrangements

©SHRM 2017

5

Source: US Labor Department

2020:

• older workers

increase

• younger workers

decrease

2016:

• 1/3 workforce 50+

Changing Global Workplace

1. Demographic Shifts

©SHRM 2017

6

Source: US Labor Department

Developed countries concerned with:

▪ aging workforces

Developing countries concerned about:

▪ education systems to prepare youth

for work

Changing Global Workplace

©SHRM 2017

7

Workforces more diverse

as movement within

countries & across

national borders

Developing countries:

large numbers of women

entering the workforce

Changing Global Workplace

2. Growing Diversity

©SHRM 2017

8

Global talent is

increasingly flowing to

developed countries

Global businesses are

streaming to emerging

markets with growing

populations

Changing Global Workplace

3. Increased Mobility

©SHRM 2017

9

Companies competing for top talent

CEO Survey:

companies = talent difficulty

1 in 4 CEOs: unable to pursue market

opportunity or cancel /delay a strategic

initiative because of talent challenges

Changing Global Workplace

4. Global War for Talent

©SHRM 2017

10

World more educated

China & India by 2020

▪ 40% of young people

with a post-secondary

education

▪ Proficiency in STEM

Changing Global Workplace

5. Better Educated/Skilled Workers

©SHRM 2017

11

Companies deliver customized products

& services to hand-held devices

Previously isolated countries participate

in global business

6. Advances in Technology

Changing Global Workplace

©SHRM 2017

There’s an app for

that……..

©SHRM 2017

13Did You Know?

©SHRM 2017

14Changing Global Workplace

7. Flexible Work Arrangements

Flexible work arrangements are among the most

valued benefits by workers today

Where, When and How work gets done

©SHRM 2017

15How Can HR Promote Business Success?

1. Understand and support the business strategy

2. Leverage strategic workforce planning

3. Retain, engage, and develop critical talent

4. Measure organizational effectiveness

©SHRM 2017

16Business Role of HR

Understand & Support Business

Strategy

Credible business leaders understand

business strategy & environment

Align HR & business plans, develop &

communicate core values, & establish

strategic relationships

©SHRM 2017

17Business Acumen Competency

www.shrm.org/hrcompetencies/documents

©SHRM 2017

18

Think in terms of the business &

operations first & then apply HR

Systems thinking & economic

awareness based upon 4 areas of

knowledge: – Business administration

– Finance

– Marketing

– Operations

Business Acumen Competency

©SHRM 2017

19Conduct Workforce Planning

Supply

Source: “Practicing the Disciple of Workforce Planning” SHRM Toolkit

Demand Gap

Solution

©SHRM 2017

20Retain, engage, & develop critical

talent

Hiring is expensive

Keeping talent is key

Talent management plan must be aligned

with organizational plan

©SHRM 2017

21Metrics/Analytics

Measure organizational effectiveness

Develop and utilize customized

business metrics to measure the

achievement of organizational

goals

Performance indicators and

balanced scorecards provide solid

evidence of progress

©SHRM 2017

22What 3 HR Tools are Key to Success?

1) Leadership Development

2) Metrics and Analytics

3) Workplace Flexibility

©SHRM 2017

23Key Tool 1: Leadership Development

22%

23%

23%

25%

29%

30%

Retaining employees at all levels

Competing for talent globally and inemerging markets

Reducing employee headcount andcosts

Sustaining employeeengagement/morale

Recruiting hard-to-find skill sets

Developing leaders and successionplanning

Top concern in Deloitte’s Talent Edge 2020 Survey:

©SHRM 2017

24Key Tool 1: Leadership Development

©SHRM 2017

25Key Tool 2 : Metrics/Analytics

SHRM Workforce Analytics Model

1) Assess and Plan

2) Link and Align

3) Identify and Build

4) Implement and Execute

Metrics gather information in reports – often

from an accounting perspective.

Analytics use that information to ask

relevant questions and feed strategic

decisions.

©SHRM 2017

26Key Tool 3: Workplace Flexibility

©SHRM 2017

27Key Tool 3: Workplace Flexibility

Workplace flexibility delivers bottom-line results

©SHRM 2017

28Key Tool 3: Workplace Flexibility

Tactics for Success in implementing Workflex

©SHRM 2017

29Key Tool 3: Workplace Flexibility

Tactics for Success in implementing Workflex

©SHRM 2017

30

Key Tool 3: Workplace Flexibility

www.shrm.org/workflexwww.whenworkworks.org

www.familiesandwork.org

30

©SHRM 2017

31HR Manager is a Top Ten Job

Glassdoor 2016 Best Jobs in America Survey

HR Manager ranks

3,468 job openings

$85,000 median salary

3.7 career opportunities ranking

4.6 job score

Jobs ranked on job openings, salary

& career opportunities

Data Scientist #1 job for 2016

#6!

©SHRM 2017

32CHREATE: HR in 2025

Initiative by SHRM, National Academy of Human

Resources, PWC, and HR People + Strategy

▪ Organizational Engineer

▪ Virtual Culture Architect

▪ Global Talent Scout, Convener, Coach

▪ Data, Talent & Technology Integrator

▪ Social Policy/Community Activist

www.shrm.org/publications/hrmagazine

©SHRM 2017

33

©SHRM 2017

34

©SHRM 2017

35

©SHRM 2017

36

©SHRM 2017

37

©SHRM 2017

Keep Relevant

Know your organization

Keep your skills sharp

Become certified or upgrade

Continued education

©SHRM 2017

What does the future of HR

look like in your organization?

What do you wish

it would look like?

What do you think?

How can HR be innovative?

©SHRM 2017©SHRM 2014

• 24/7 access @ shrm.org

• SHRM Member Services Guide provides a summary of benefits and is located at www.shrm.org/benefits

Membership Benefits

40

Serving the HR Professional

SHRM Membership

©SHRM 2017©SHRM 2014

Membership Benefits

41

COMPLIANCERESOURCES

Discounted for MembersFree for Members

WEBCASTS& VIDEOS

SAMPLE FORMS& POLICIES

PUBLICATIONSHR NEWS

ASK AN ADVISORSERVICE

NETWORKING

IN-PERSON AND VIRTUALTRAINING & PROFESSIONAL

DEVELOPMENT

WORLD-CLASSCONFERENCES

CERTIFICATION &CERTIFICATIONPREPARATION

SHRM Products and Services

©SHRM 2017©SHRM 2014

Templates & Tools

42

324 Interview Questions

742 Job Descriptions

302 Sample Policies

172 Spreadsheets &

Calculators

332 Forms

SHRM Products and Services

©SHRM 2017©SHRM 2014

Join today!

shrm.org/join

Keep SHRM by your side

43

Serving the HR Professional

SHRM Membership

©SHRM 2017

44

©SHRM 2017

45Thank You!

Martha Ramirez, SHRM-SCP, CAE

[email protected]

703-535-6290

@SHRMMartyram (Twitter)

(Please note that these slides are copyrighted material and may only be distributed to an audience at a

SHRM speaker presentation. Further distribution is not allowed, except with permission by SHRM.)