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21st Century

Talent Management:
Thriving in the New Workforce and New Workplace

Josh Bersin
Principal, Deloitte Consulting LLP

Copyright © 2014 Deloitte Development LLC. All rights reserved.


Copyright © 2014 Deloitte Development LLC. All rights reserved. 1
§§ Who We Are
- Global provider of leading practices, trends, and benchmarking research in
talent management, learning, and strategic HR.
Human
- 60% of the Fortune 100 are Bersin by Deloitte research members, with Resources
more than 19.5 million employees managed by HR teams using Bersin
Research.
Leadership
Development
§§ Broad Research Practices
• Human Resources
• Leadership Development Learning &
• Learning & Development Development
• Talent Acquisition
• Talent Management
Talent
Acquisition
§§ Offerings
- WhatWorks® Membership: Research, Tools, Education, Benchmarking
Talent
- IMPACT®: An industry-leading conference on the Business of Talent Management
- Advisory Services & Consulting

Copyright © 2014 Deloitte Development LLC. All rights reserved. 2


Agenda
§§ Today’s Talent Challenges
§§ Talent Management: Then and Now
§§ The Big Six Keys to Success

1. Optimized Talent Acquisition


2. Performance Management Unleashed
3. Engagement and Retention Unleashed
4. Continuous Learning Unleashed
5. Global Leadership Unleashed
6. BigData and Analytics Unleashed

Copyright © 2014 Deloitte Development LLC. All rights reserved. 3


What HR Leaders Say We need to accelerate
hiring of senior and
mid leadership in Asia
and Middle east.
How do we more The skills of our HR Our company has
rapidly move talent business partners and capability gaps in new
from early leadership specialists need technology areas across
to senior leadership? improvement. the organization.
We are shifting our
business to a services
business. How do I
transform the workforce?

How can I retain and We are still having


engage my top talent? trouble attracting
How can we globalize
millenials and younger
our employment
workers.
brand and talent
How do we create more programs??
collaboration and knowledge
sharing across the company?
Our training organization
is too expensive and not
driving enough value. We compete for engineers with
How do we
some of the most successful
increase women
silicon valley companies? How
and diversity in
can I attract and retain the
leadership? Our performance brightest in our company?
and comp process
Our mid-level and is obsolete and not
We need to entry leadership gaps engaging people.
restructure HR to are still huge
build common We need better data
systems and reduce and analytics in HR.
costs.

Copyright © 2014 Deloitte Development LLC. All rights reserved. 4


A Nexus of Talent Challenges
1
Business
Speed and Scale
Disruptive
Competition
2
Competition 6 Shift toward
for Talent Agile Management
Social Sourcing & Leadership Models Emerging
& Recruiting Markets
A New Generation of HR Practices
and New Type of HR Organization

New Technology
Social Tools,Analytics

5 Borderless 3
Need for Improved HR skills and
21st Century capabilities. Workplace
Models of Team Model
Leadership of Work
4
Specialization
Contingent Work
New Job &
Career Models

Copyright © 2014 Deloitte Development LLC. All rights reserved. 5


Top Talent Priorities
HighLoPwrIemppoarrtaendcneess HigHhgi PhrIemppoarrtaendcneess
LoHwgi IhmPpreopratraednnceess HHg i ihghPreImpapreodnrteassnce
Developing Job Profiles

Internal Peer Networking Analyzing Job Requirements

PM Process
Handling Retirements Manager Interview Skills

Retaining Key Employees


Preparedness

Manager Capabilities to Drive


Diversity and Inclusion Upgrading HR / Employee Performance
Talent Systems

Redefining HR Roles

Managing Contingent
Workforce Wellness Programs

Employee Referral Programs

Understanding
Global Culture
Meeting Multigenerational
Localizing HR Needs
Service Model
Talent Mobility
Across Regions External Peer Networking

Global HR Service Model


Blending Social Global BusinessAcumen
into HR Programs

Global Awareness Sourcing Talent in Emerging


and Fluency Markets
LowLoPwrIemppoarrteandcneess LowHigPhrIemppaorrteandcneess
L ow Pre pa re dn e ss
LoLwowImPrpepoarrteadnnecses Hi gh Im p o rta nce
Importance
Source: “TalentTrends™ 2012: A Year of Guarded Optimism”, Bersin & Associates / Josh Bersin, Kim Lamoureux,
Karen O’Leonard, July 2012. Copyright © 2014 Deloitte Development LLC. All rights reserved. 6
Top Talent Priorities
HighLPowreImppaorretadncneess HigHhigPhrImeppoartraendceness
LowHigImhPproeprtaarendcneess HHigihgPhreIpmarpedonretassnce
Developing Job Profiles

Internal Peer Networking Analyzing Job Requirements

PM Process
Handling Retirements Manager Interview Skills
Preparedness

Retaining
Diversity & Manager Capabilities to Drive Key Employees
Inclusion Employee Performance
Deep
Specialization
Leadership
Redefining HR Roles Bench Strength
Forecasting Future
Talent Needs
Managing Contingent Workforce Identifying Talent Gaps
Leveraging HR Metrics
Wellness Programs Filling Talent Gaps

Culture of Manager Capabilities to


Employee Referral Programs Meeting Internal Mobility
Multigenerational Building a High Impact Develop Employees
Needs Learning Organization
Understanding
Localizing HR Global Culture
Service Model
Workforce 2013 Critical
Talent Mobility
Across Regions
External Peer Planning Focus Areas
Networking
Promoting Career
Global HR Service Model Development
Blending Social
into HR Programs Global
BusinessAcumen
LowLoPwreImppaorrteandcneess LowHiP
ghre
Imppaorrte
adncneess
L ow Pr e pare d n es s Global Awareness
Low Im po rtanc e and Fluency
Sourcing Talent in Emerging
Markets H
Loig
whPrIem
papreodrnte
asnsce
Importance
Source: “TalentTrends™ 2012: A Year of Guarded Optimism”, Bersin & Associates / Josh Bersin, Kim Lamoureux,
Karen O’Leonard, July 2012. Copyright © 2014 Deloitte Development LLC. All rights reserved. 7
Talent is a CEO Level Issue

Copyright © 2014 Deloitte Development LLC. All rights reserved. 8


Consistent Talent Issues Globally

EMEA
• Skills Gaps 85%
Americas • Transforming HR 85%
• Organization Acceleration 83%
• Leadership Pipeline 80%
• Skills Gaps 87% • Branding talent 81%
• Leadership Pipeline 86%
• Transforming HR 84%
• Organization Acceleration 88%
• Branding talent 83%

Asia Pacific
• Organization Acceleration 90%
• Leadership Pipeline 86%
• Skills Gaps 86%
• Transforming HR 88%
• Aging Workforce 78%

Deloitte Human Capital Trends 2013,


n=1300

Copyright © 2014 Deloitte Development LLC. All rights reserved. 9


Increasing Work Specialization
§§Expertise drives competitive
advantage

§§Specialization improves Top


Management
quality and reduces cost
Senior
§§Deep skills developed Management
through “deliberate practice” The
Middle
Experts
and reinforcement Management

First Line
§§Deep skills come from a range Senior Specialists Management
of developmental experiences
Functional Specialists / Front-Line Employees

§§Intelligent leadership paths,


Back Office, Operational, Contingent Employees
career paths, training, work
assignments, understanding
high-performing competencies July-August 2011

are all drivers of success.

Copyright © 2014 Deloitte Development LLC. All rights reserved. 10


Shift in Global Economic Activity to India, China from US and EU

India 3% to 6%

China 2% to 18%

EU 31% to 17%

US 25 to 18%

Deloitte Human Capital


Trends 2013

Copyright © 2014 Deloitte Development LLC. All rights reserved. 11


Ford Figo – Fastest Selling Car in India
Ford Figo Story
Designed in Manufactured
India for the in Chennai by
Indian Market Indian Staff

Colors, face, Size, Shape,


and styling and features
designed for designed for
Indian tastes lifestyle and
roads in India

Copyright © 2014 Deloitte Development LLC. All rights reserved. 12


Integrated Talent
Management
Where are we?

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“Integrated” Talent Management
§§ Slow Response to Changing Business Needs
- Inability to identify current and future talent gaps
Traditional Silos of HR - Hiring strategy and development planning not in sync
- No clear picture of future “talent profile”
- Leadership pipelines in jeopardy

§§ Disconnected Decision Making


- Data and processes not integrated
- Talent not shared across business units
Performance Management

- Learning plans not linked to assessments and skills


Leadership Development
Learning & Development

Compensation - Benefits
Sourcing & Recruiting

gaps in current talent pool

Succession Planning
Workforce Planning

- Lack of visibility into talent gaps

§§ Not responsive to Employee Demands


- Employees want career development
- Defined career paths and competencies not clear and
consistent
- Talent mobility difficult during change
- Managers still the weakest link in organizational
performance

§§ Administratively Intensive
- Data entry is repetitive
- High volume of manual work to complete HR review
processes
- Difficult to obtain executive-level talent information
- Hard to plan for thefuture

Copyright © 2014 Deloitte Development LLC. All rights reserved. 14


The Big Shift

2013+

..Optimize
(Globally)

2005-2012
Automate &
Integrate

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The New High-Impact Talent Management Framework

Talent Strategy & Business Alignment

Analytics, Measurement, & Scorecards


Talent Planning Process & Engagement Integration Talent Systems Change Management Measurement
Solution Design Strategy Strategy Strategy Strategy Strategy
Organization & Governance

Diversity Planning
Talent Segmentation
Workforce Planning Enterprise Skill Gap Assessment
Critical Talent Assessment
Talent Forecasting
Critical Role Identification
Scenario Planning

Capability & Competency Management Job Profiles Competencies Behaviors Experiences Skills

Talent Leadership Executive Education Action Learning


Total
Leadership Curriculum Job Rotation
Acquisition Development Assessment & Evaluation Coaching & Mentoring Rewards
Succession Talent Profiles
Assessment & Calibration
Talent Reviews
Talent Pool Management
Sourcing
Candidate Pools Management HIPO Identification Talent Mobility
Rewards & Recognition
Assessment
Pay for Performance
Employer Brand Career Skill Assessment & Transferability Employee Brand
Benefits for Talent
Recruiting Career Planning & Development Coaching/Mentoring
Selection Management Professional & Management Tracks Talent Mobility
Development
Experiences
Onboarding
Talent Mobility
Performance Goal Alignment
Skill Gap Analysis
Bench Strength Assessment
Performance Evaluation & Calibration
Management Coaching & Development Performance-Based Pay

Learning Strategy Learning Content


Audience Analysis Learning & Capability Development Learning Architecture
Learning Programs Knowledge Management
Formal & Informal Approaches Deep Specialization Learning Agility Measurement & Evaluation

Process Design Talent


& Mapping Talent Infrastructure Systems

Copyright © 2014 Deloitte Development LLC. All rights reserved. 16


The Evolved HR Organization
Where HR Transformation is Taking Us

Business-
Integrated HR
Differentiate & Segment Talent
Globally Optimize Talent Practices
Integrated Talent Predict and Analyze Data
Integrated with the Business
Management
Management, Succession,
Leadership, Coaching, Drive the Business
Strategic Integrated Processes
Talent Management Plan for the Future
HR
Recruiting, L&D, Org Design
Total Rewards Enable Decisions
Personnel Service Center, COE
HR Business Partner
and Management
Department
Administration
Payroll Serve Staff
Regulation
Back Office Function Automate

Control

Copyright © 2014 Deloitte Development LLC. All rights reserved. 17


Talent Acquisition:
1
Unleashed
“The Most Important part of Talent Management”

Copyright © 2014 Deloitte Development LLC. All rights reserved. 18


The War for The Best People

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Source Glogster
Corporate Recruiting Today
Where Candidates Come From
$3300 per hire
Search
Up 6% in 2012 Employee
aggregators, 8%
referrals, 14%

Job boards, 18%

Internal
candidates, 18%
Other, 2%

Print, newspaper,
billboards, 3%
University
Time to Hire recruiting, 7%
55 Days
Company website, Agencies, 3rd
14% party recruiters,
9%
Professional
networking sites,
9%

Bersin High-Impact Talent Acquisition, 2013

Copyright © 2014 Deloitte Development LLC. All rights reserved. 20


Talent Acquisition Planning & Strategy
Business Alignment | Workforce Planning | Labor Market | HR & Talent Management Integration | Talent Reviews | Global Considerations | Diversity | Budget

Positions & Profiles


Workforce Segments - Hourly | Skilled Salaried | Professionals | Frontline | Midlevel | Executive | Full-Time | Part-Time | Contingent | Interns
Job Analysis - Job Descriptions | Job Profiles | Competency Models | Transferrable Skills | Job Grades & Salary | Critical Roles
Structure | Service Delivery Models | Roles & Competencies| Steering Committees | Change Management |

Employment Branding
Employer Brand | Company Image | Company Culture | Company Values | Products and Services

Industry Regulations | National & International Laws | Global / Local Legal Requirements
Employee Value Proposition | Employment Differentiators | Recruiter Branding | Marketing | Global Media Strategy

Quality of Hire | Benchmarking| | Key Metrics | Surveys | Dashboards | Scorecards


Candidate Audiences
Communications | Recruiter Training | Manager Training | Implementation

Employees | Active Candidates | Passive Candidates | College | Contingent | Alumni


Candidate Experience | Candidate Communities | Farming | Cultivating

Sourcing Selecting Hiring


Background Checking
Candidate Relationship Management

Initial Screening
Organization & Governance

Market / Competitive Intelligence Application Review / Screening Calls / Education / Criminal / Credit / Controlled
Name Generation Employment Fit Substances / Work References
Channel Management

Metrics & Analytics


Job Offers
Recruiting

Types of Sources Assessment / Testing Candidate Negotiations

Compliance
Social & Professional Networking Skills / Personality / Job Fit / Total Compensation
Employee Referral Programs Internal Culture Fit / I/O Psychologists Executive Packages
Mobility / Succession Plans Work Contracts
Employee Job Postings / Employment Eligibility
Alumni Programs / Client Referrals Career Interviewing Work Authorization
Portals / Job Board Postings Interview Strategy
Print & Billboard Advertising Behavioral-Based / Skills-Based Onboarding
Campus Recruiting / Internships
Job Fairs / Industry Events Orientation / Provisioning
Evaluating & Selecting Socialization / Assimilation
Third-Party Recruiting Grading / Rating / Weighting
Training / Post-Hire Assessment

Tools & Technology


Sourcing Selecting Hiring & Onboarding
Job Boards / Job Board Aggregators / Job Interactive Voice Response / eVerify / Onboarding System
Board Search Engines / SEO Interview Guides / Video Tools / Assessments / Forms Management
Social Media & Networks / Career Portal & Simulation / Gamification Task Management Onboarding
Website / Virtual Recruiting Portal

Talent Acquisition Systems - ATS | VMS | Candidate Relationship Management | Data Providers

Outsourcing
Recruitment Process Outsourcing (RPO) | Contingency Search Firms | Retained Search Firms | Executive Search Firms |
Staffing Firms | Assessment Providers | Managed Service Providers | Background Checking | Online Reference Call Checks |
Competitive Intelligence | Employer Branding & Media Services | Vendor Management Services | Service Level Agreements (SLA)

Instill Recruiting Philosophies Foster Recruiters / HR-Hiring Managers / Legal Relationships Create Brand Ambassadors
Recruiting Culture Demonstrate Executive Engagement Drive Accountability Endorse Employees as Talent Scouts
Copyright © 2014 Deloitte Development LLC. All rights reserved. 21
What Makes a Great Employer?

Universum Global Employment


Brand Research, n=2300

Copyright © 2014 Deloitte Development LLC. All rights reserved. 22


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Finding Candidates Creatively

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Using Next Generation Tools Remarkable
Hire
GILD

Remarkable
Talent

Entelo

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Leveraging BigData

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Key Practices that Drive Value

Copyright © 2014 Deloitte Development LLC. All rights reserved. 28


Performance Management
2
Unleashed
“Re-Engineering the Performance Process”

Copyright © 2014 Deloitte Development LLC. All rights reserved. 29


Value of Performance Management
Companies are Questioning the Traditional Model

Changing the
Economic Recovery Borderless Workplace
Performance
Layoffs, Restructuring Change in Demographics
Management
Performance to Survive New Labor Market
Process

Value of
Performance
Management

2008 2009 2010 2011 2012 2013

Copyright © 2014 Deloitte Development LLC. All rights reserved. 30


Two Philosophies

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Performance Management Today

Was Is
Annual appraisal and rating Continuous feedback and
coaching
Annual goals and objectives Quarterly or regular goal setting
Annual talent reviews by broad Continuous talent reviews by
team peers and manager
Development as an afterthought Development as core

Recognition by manager Recognition by peers

Up or Out Up, Across, Down, and more

Copyright © 2014 Deloitte Development LLC. All rights reserved. 32


What Drives Performance & Agility?

Lean Ability to access Accountability


Operations right information and credibility
(22%) at right time (34%) (34%)

Rapid
decision-
Decentral-
making and
ized or
execution
“flat”
Flexible (61%)
reporting
management A High-Performance
structure
of teams and Culture (44%)
(29%)
people
(31%)

Source: “Organizational Agility: How business can survive and thrive in turbulent times.”
Economist Intelligence Unit, 2009, 2011

Copyright © 2014 Deloitte Development LLC. All rights reserved. 33


Adobe Company Overview

§§Founded: 1982

§§ Employees: 11,400

§§ Only 54 percent of employees work in North America

§§ 2012 Revenue: $4.4 billion

§§ Headquarters: San Jose, California

Source: Adobe Systems Incorporated, 2013.


Copyright © 2014 Deloitte Development LLC. All rights reserved. 34
Prior to Reeingineering
Performance Review …

§§“Stack ranking is a soul-less and soul crushing exercise.”


– Adobe manager

§§“I have seen and experienced the reaction to the review process being a
primary driver in driving good people from the company.”
– Adobe manager

§§What is important is the conversation between the employee and the


manager.”
– Adobe manager
Source: “Reengineering for Agility: How Adobe Eliminated Performance Appraisals,”
Bersin by Deloitte / Stacia Sherman Garr, September 2013

Copyright © 2014 Deloitte Development LLC. All rights reserved. 35


Time For A Change

+ Attrition Spike & Loss of Talent


+ Barrier to Teamwork & Innovation
+ Impacts Internal Focus & Productivity
+ Impacts Morale & Engagement

It’s time for change

Source: “Reengineering for Agility: How Adobe Eliminated Performance


Appraisals,” Bersin by Deloitte / Stacia Sherman Garr, September 2013

Copyright © 2014 Deloitte Development LLC. All rights reserved. 36


Balancing Structure & Flexibility

Performance Check-in Rewards Check-in


§§ Clearand up to date expectations
revisited throughout the year §§ Annual compensation planning

§§ Managers are responsible to


§§ Ongoing
feedback focused on
differentiate pay based on
performance
performance and market
conditions
§§ Timing and methods flexible
§§ No fixed guidelines
§§ Noranking or forced distributions
to determine rewards

§§ No written formal review*


Source: “Reengineering for Agility: How Adobe Eliminated Performance
Appraisals,” Bersin by Deloitte / Stacia Sherman Garr, September 2013

Copyright © 2014 Deloitte Development LLC. All rights reserved. 37


Outcome

+ High Employee Engagement


+ High Business Impact

Growth & development opportunities


aligned with business needs & individual
aspirations

Source: “Reengineering for Agility: How Adobe Eliminated Performance


Appraisals,” Bersin by Deloitte / Stacia Sherman Garr, September 2013

Copyright © 2014 Deloitte Development LLC. All rights reserved. 38


Kelly Services
Clarifying the Purpose of PM
Performance
Performance
Feedback
Feedback

Employee Compensation
Motivation

PERFORMANCE
MANAGEMENT
CCooaacchhinnggfoorr PPeerfoormmaanncceeI Source:
DDeevveelooppmmeennt mmpproovveemmeennt “Getting Away
from the
Score:
Creating
Better
Ongoing
Performance
Feedback,”
Bersin &
L
Leeg
gaall T
Taalleen
ntt Associates,
Documents
Documents Decisions
Decisions
2012.
.

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Compensation Adjustment

Market Value

Value for a
Specific Skill Set

Source: Adobe Systems Incorporated, 2013.


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Millennials Take Over
3 “Diversity, Inclusion, Mission, Culture
Work-Life Balance, and Work Environment.”

Copyright © 2013 Deloitte Development LLC. All rights reserved. 41


Are they Different?
Boomers Millennials
Source: Pew Research
Center Survey

• Adaptive • Adaptive
• Goal-oriented • Goal-oriented
• Focused on individual choices and • Focused on individual choices and
freedom freedom
• Team builders • Team builders
• Collaborators • Collaborators
• Community-oriented • Community-oriented
• Self-actualizing • Self-actualizing
• Tech Savvy

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The Environment has Changed
Family Structure & Role of Women Flattened Organizations

1970s: GM
has 22 layers

Today it has 7

Value from Intangible Assets Desire for Work-Life Fit

Millennials Boomers
1970s Today
8%
60% 85% 30%

70%
92%

“60% of the skills needed in the next 20


years are not even invented yet.” Want job flexibility
- World Economic Forum Work-life not big priority

Source: The Millennial Survey 2014, Deloitte


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Millennials are Different

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Transparency: Millennials Expect It

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Millennials: Recognition, Career
Growth, Flexible Work Environment
Millenials Boomers and
Others
Career Growth 4.7 4.2
Global Opportunities 4.9 4.3
Focus on short term 2.9 4.3
rather than long term
opportunities
Clearly defined job 2.7 4.4
descriptions
Challenging roles 4.5 3.8

Relationship with 3.8 4.4


immediate manager
Work from home option 4.5 3.7
Use all vacation time 4.1 3.4
Rewards and recognition 4.6 4.5

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The Millennial Puzzle

Loyalty Achievement

Approval Trust
Copyright © 2013 Deloitte Development LLC. All rights reserved. 47
What to Do

Embed
Dismantle
Purpose
the
and
Ladder
Meaning

Provide
Challenge,
Give Voice
Recognition,
& Learning

Copyright © 2013 Deloitte Development LLC. All rights reserved. 48


Engagement and Retention
3
Unleashed
“Diversity, Inclusion, Mission, Culture
Work-Life Balance, and Work Environment.”

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Colliding Factors in Engagement
Racial and Virtual
Cultural Work Youth
Diversity Environment

A Passionate, Part Time


Gender Highly Engaged Contingent
Women
Workplace? Work

Stress
Unemploym
Work Life Technology
ent
Balance

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Retention

Source: Evolv Q3 2013 WORKFORCE PERFORMANCE REPORT, “KEY FACTORS IMPACTING


THE PERFORMANCE—AND PROFITABILITY—OF TODAY’S HOURLY WORKFORCES”.

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Shifting Demographics
§§ More Women
(60% of workforce by 2020)
§§ More Over 55
(25% of workforce by 2020)
§§ More Hispanics, Asian, Blacks
(Whites projected to drop to 62% by 2020)
§§ Issues Permeate HR
- Leadership diversity
- Organizational diversity and inclusion
- Employment brand
- Management development

Source: US Bureau of Labor Statistics


Copyright © 2014 Deloitte Development LLC. All rights reserved. 52
Demand for Workplace Flexibility
• 68% of women without children would rather have more free
time than make more money — even more than those with
children (62%).
More magazine – 2012, “Women in Workplace Study,”
http://www.more.com/flexible-job-survey

• One of every five employees cares for elderly parents, a


number that could increase to almost half of the workforce
over the next several years.
http://whenworkworks.org/research/downloads/FlexAtAGlance.pdf

• 40% of professional men work more than 50 hours per week.


Of these, 80% would like to work fewer hours.
Center for American Progress. August, 2012
http://www.americanprogress.org/wp-content/uploads/issues/2012/08/pdf/flexibility_factsheet.pdf

Copyright © 2014 Deloitte Development LLC. All rights reserved. 53


Has Created
Young, Challenges
Diverse ….
in Engagement
Workforce

In 2012, 32% of employees are “planning on leaving”


their employers, vs. 19% two years ago

Only 55% of employees believe their employer is a sound


“long term” place to work vs. 65% over last three years.

People under the age of 35 are twice as likely to be looking


for new work as older workers.
- Mercer October 2011, Towers Watson July 2012

“By 2013, 47% of employees will be those born after 1977.


-- US Census Bureau

Copyright © 2014 Deloitte Development LLC. All rights reserved. 54


What Motivates Us at Work?

“Meaning is
the new
money.”

Only intrinsic
motivation drives
performance for
creative work, not
traditional reward
systems or money.

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Conscious Capitalism

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Rethinking the Engagement Puzzle
How do we create Passion in the workforce?

Mission and Purpose


“Who we are and why we do what we do”

Inclusion & Recognition Work-Life Career


Diversity Rewards Balance Opportunity
“I feel included” “I feel recognized” “My life works.” “I can progress”

Passion
“I love my work (company)” Our job is to create
meaningful work in a
meaningful work
Performance environment.
“I deliver extra effort.”

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Inclusion & Diversity as Strategy

Diversity
Makes
Business
Sense

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Expanding the “Employee Deal”

Source: www.shopify.ca
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What Matters in Hourly Workers

§§ Work at Home
§§ Comfort with Technology
§§ Relationships (particularly with manager)

Source: Evolv Q3 2013 WORKFORCE PERFORMANCE REPORT, “KEY FACTORS IMPACTING


THE PERFORMANCE—AND PROFITABILITY—OF TODAY’S HOURLY WORKFORCES”.

Copyright © 2014 Deloitte Development LLC. All rights reserved. 60


Importance of Recognition
Maslow’s Hierarchy of Leads

Self Actualization Career ,


(challenge, opportunity, learning, creativity) Development
Opportunities

Esteem
(importance, recognition,
#1 reason people respect)
Modern
leave is because of
lack of recognition
Recognition
at work1 Love/Belonging
(social, love, family, team)

Safety Compensation
(economic and physical security)
& Benefits

Survival
(food, water, sleep)

1The Employee Recognition Primer”. Bersin & Associates / Stacia Sherman Garr, July 2012.
Copyright © 2014 Deloitte Development LLC. All rights reserved. 61
Recognition Drives Retention

Voluntary Turnover Rate


31%
12%
10.5% Reduction in
10% voluntary
8.7% turnover!
8% 7.2%
Or 46%
6% higher
turnover
4% when moving
from
2% excellent to
poor.
0%
Excellent (5) Fair (3-4) Poor (1-2)

Effectiveness of Recognition Program at


Improving Employee Engagement

Source: Bersin & Associates Recognition Survey for HR Practitioners, January 2012.
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Reinvent the Work Environment

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Principles for Work Environment

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Continuous Learning
4
Unleashed
“Learning all the time, focused, effective, continuous,
and talent-driven”

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Clear Need for Informal Learning
Which learning approaches drive the greatest business value
in your organization?

On the job experience 60%

On the job mentoring, projects, 36%

Coaching by supervisor 33%

Formal training - company provided 28%

Peers, friends, personal networks 14%

Formal training - outside provider 8% 72% of companies believe


their most valuable
learning approaches are informal,
User generated materials 4% yet only
30% of resources are focused here
Corporate documentation 3%

Source: “ High-Impact Learning Practices,” Bersin & 0% 10% 20% 30% 40% 50% 60% 70%
Associates, www.bersin.com/hilp

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The Continuous Learning Model

Expert Continuous Learning


Career Communities
Pathways of Practice Social, Mobile
Coaching Sharing
Mentoring

E-learning Career
courses Development
Training
Event
Job
Aids

Novice Traditional Training


Time
Source: “High-Impact Learning Culture: The 40 Best Practices for Creating an Empowered Enterprise”,
Bersin & Associates/ David Mallon, June 2010
Copyright © 2014 Deloitte Development LLC. All rights reserved. 67
Evolution of the L&D Function
High-Impact Learning Organization® Maturity Model

Cultural Capabilities
Continuous Outcome
Career Level 4: Organizational Capabili t y R i sk/Safety
Source of Business Performance Capability & Learning Agility
Executive Driven | Cultural & Systemic Focus

Talent Driven Progression


Learning Turnover
Level 3: Talent & Performance Improvement
Source of Talent Development & Performance. Consulting | Integrated with HR/TM
Development Planning | Career Models | Leadership vs. Professional

Formal Design, Satisfaction,


Architecture Completion,
Level 2: Training & Development Excellence Impact
Source of Designed Instruction | Evolving Governance & Operations
Improving L&D Core Processes | Program Focused

Utilitarian
Training & Completion
Job Shadowing Competence
Level 1: Incidental Training
Source of Ad-hoc Job Support | Mentoring & Apprenticeship | Emerging Need for Professional Training | SME Focused

Copyright © 2014 Deloitte Development LLC. All rights reserved. 68


Keys to Success: Unleashed
1. Develop a complete learning
architecture, moving beyond “blended
learning” or “informal learning” as a
paradigm

2. Focus on audience analysis and


performance consulting to
3. Broaden your focus on social learning,
knowledge sharing, and expertise
directory

4. Assess and develop a learning culture

Source: Bersin & Associates – The High Impact Learning Organization Maturity Model, 2012

Copyright © 2014 Deloitte Development LLC. All rights reserved. 69


A Modern Learning Architecture
EMC

Copyright © 2014 Deloitte Development LLC. All rights reserved. 70


Need for Learning Culture
Great Corporate Strong CLO and Excellent Use of rich media
University Alignment L&D Skills and social tools

Excellent Training Innovative


and E-Learning program design

Have we created an organization


which truly has a culture to learn?

Does leadership Is expertise Are decision- Do people share


reinforce the need rewarded and making processes information
to learn? valued? clear? openly?

Do people feel Do we take Do people Do we listen


empowered to the time to move around to customers
point out errors? reflect? and take risks? openly?

Copyright © 2014 Deloitte Development LLC. All rights reserved. 71


The High Impact Learning Culture “Top 10 Practices”
Relative Impact on
Practice Category Business Outcomes

1 Leaders are open to “bad news.” Empowering Employees Very High

2 Asking questions is encouraged. Empowering Employees Very High

Decision-making processes are clearly defined


3 Empowering Employees Very High
throughout the company.
Employees are frequently given tasks of projects
Formalizing Learning as
4 beyond their current knowledge or skills level in Very High
Process
order to stretch them departmentally.
Employees in my organization have influence over
5 Empowering Employees Very High
which job tasks are assigned to them.
The organization values and rewards employees who Demonstrating
6 High
learn new knowledge and skills. Learning’s Value
The organization values mistakes and failures as
7 learning opportunities, and provides structured Encouraging Reflection High
opportunities for reflection.
The organization believes that learning new Demonstrating
8 High
knowledge and skills is a valuable use of time. Learning’s Value
Employees generally believe the learning and/or
Demonstrating
9 developmental opportunities offered by the High
Learning’s Value
organization to be of high value.
Employees in my organization take active Demonstrating
10
Learning’s Value High
responsibility for their own personal development.

Copyright © 2014 Deloitte Development LLC. All rights reserved. 72


Organizations with a Strong Learning Culture
Significantly Outperform their peers…

High-Impact Learning Culture: The 40 Best Practices for Creating an


Empowered Enterprise / David Mallon June 2010

Copyright © 2014 Deloitte Development LLC. All rights reserved. 73


Copyright © 2014 Deloitte Development LLC. All rights reserved. 74
The Cheesecake Factory
Video Sharing and Games Build Culture and Engagement

Source: WiseTail LMS. With permission from The Cheesecake Factory


Copyright © 2014 Deloitte Development LLC. All rights reserved. 75
21st Century Leadership Models

New Model for Leaders


§§ Creativity, not planning
§§ Quick decision-making
§§ Getting closer to customers
§§ Globalization, diversity
§§Continuous change
§§ Manage unexpectedness
§§ Agility, not control

Copyright © 2014 Deloitte Development LLC. All rights reserved. 76


Developing Global Leaders

§§Significant differences in the


“competencies that matter” by
country

§§Impact:
- Identify and develop for local
needs
- Develop leaders locally wherever
possible
- Build organizational awareness of
different styles and needs

Copyright © 2014 Deloitte Development LLC. All rights reserved. 77


BigData Talent Analytics
6
Unleashed
Driving Business Performance
Bold, Innovative, and Business-Focused

Copyright © 2014 Deloitte Development LLC. All rights reserved. 78


This Science is Coming to HR

§§ Definition of “Science”:

“Systematic knowledge of the world


gained through observation
and experimentation.”

§§What is Not Science

Making talent decisions on the basis of


“gut feel,” “beliefs,” or “philosophies.”

Copyright © 2014 Deloitte Development LLC. All rights reserved. 79


How do Companies Hire People?
2/3 of hiring done without any significant assessment

% of Organizations Which Regularly Use Following Assessment Practices

§§Background checking: 79%


2/3 use no real
§§ Managerial interviews: 64% assessment process
at all … leaving
§§ Interview training: 47% the process to
hiring managers
§§ Behavioral assessments: 34% or recruiters
§§Reference calls: 32%
§§ Skills-based assessments: 25%

Source: ”High-Impact Talent Acquisition Study, : Bersin & Associates, Fall 2011. 158 organizations responded

Copyright © 2014 Deloitte Development LLC. All rights reserved. 80


Insurance
Company
Big Insurance

§§ A $33 billion financial services company has developed a


behavioral assessment based on a set of beliefs held by
the top executives

§§Top sales people need college degrees from top rated


schools, they should have good grades, and they should
have experience selling high value products.

§§ But the data demonstrates otherwise.

Copyright © 2014 Deloitte Development LLC. All rights reserved. 81


Insurance
Company
Results of Data Analysis

Copyright © 2014 Deloitte Development LLC. All rights reserved. 82


Insurance
Company
Data Showed Six Things Matter:
Very Highly Correlated with Success

1. No typos, errors, grammatical mistakes on resume. The Belief


2. Did not quit school before obtaining some degree
3. Had experience selling real-estate or autos System
4. Demonstrated success in prior jobs
5. Ability to succeed with vague instruction Was Wrong
6. Experience planning time and managing lots of tasks
Within six months
of implementing a
What Did NOT Matter new screening
process
• Where they went to school revenues went
• What grades they had up by $4 million
• The quality of their references

Copyright © 2014 Deloitte Development LLC. All rights reserved. 83


Retailer

An Evolved Organization

VP Human Capital
Analytics

Director Director
Org Diagnostics & Workforce Manager HR Brand
Analytics & Content
Design
Research

Manager Manager Manager Business


(2)
Workforce Employee Learning Operations
Sr. Consultant ODD Analytics Research Analytics Specialist

Consultant
Program Manager (2) Analyst Employee
Research Learning
Sr. WFAAnalyst Measurement

Analyst
Learning Analytics

Copyright © 2014 Deloitte Development LLC. All rights reserved. 84


Talent Management Unleashed

Global vs. Local


1. Talent Acquisition
2. Performance Management
3. Engagement and Retention
4. Continuous Learning

5. 21st Century Leadership


6. Talent Analytics and BigData

http://marketing.bersin.com/2013-predictions.html

Copyright © 2014 Deloitte Development LLC. All rights reserved. 85


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