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HR for Digital Millennials
27th October 2017
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Current Employee Scenario & Introduction for need to change
What is the market place Impact on HR Opportunities for HR Professionals
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GO DIGITAL 01 What is the market place
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Digital India
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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
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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
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02 Impact on HR
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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
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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
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03 Opportunities for HR Professionals
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Digital = UBERIZATION + SIMPLIFICATION
Immigrant Mentality Uberization & Simplification Constant Adaptation Agility & Nimbleness Enhance Productivity & Collaboration Digital = UBERIZATION + SIMPLIFICATION
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Thank You
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