HR for Digital Millennials 27th October 2017

Current Employee Scenario & Introduction for need to change What is happening @ the market place Impact on HR Opportunities for HR Professionals

GO DIGITAL 01 What is happening @ the market place

Digital India

Business Leaders Perceived Challenges 87% believe digital will disrupt their industry Only 11% believe their current talent pool can compete 92% Organizations are not correctly structured to operate in this new environment 70% Need a whole new talent base to compete 87% don’t have the right leaders Leaders not getting new digital skills are 6x more likely to leave their org within the next year

Changing Work Paradigms 80% want to give performance feedback to the boss Their “team mates” are the most important people at work 60% think 7 months of tenure means they are “loyal” 2/3 want to be “creative” at work in their job Expect feedback weekly and progression annually

02 Impact on HR

Convergence of HR Systems Ahead Engagement Feedback Mobile Feedback Customer Feedback Employee Pulse Survey Wellness & Work Management Fitness/Diet Mentoring Travel & Time Management Learning Video learning Gamified Onboarding Video Sharing Career Planning Training and Certification Recognition Social Recognition Customer based Recognition Affinity Groups Anniversaries/Work events Performance Goal Management Check Ins Personality Assessment Real-time Reviews

Experience Engagement = Connect + Happy Marriage Dead Marriage Live in Employees are disengaged Employee engagement at companies remains fairly low (an average 3.2 on a scale of 5) and 32% of the workforce is highly disengaged 57% of the workers say they work more than 50 hours per week and 44% say their work has negatively damaged their health 40% of Americans “do not believe it is possible for people to succeed at work, make a good living, and have enough time to contribute to their family and community

03 Opportunities for HR Professionals

Digital = UBERIZATION + SIMPLIFICATION Immigrant Mentality Uberization & Simplification Constant Adaptation Agility & Nimbleness Enhance Productivity & Collaboration Digital = UBERIZATION + SIMPLIFICATION

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