HUMAN CAPITAL IN A CHANGING
WORLD: RETHINKING & RESETTING HORIZONS OF FINANCIAL
INNOVATION
DIMITRIOS G . SALAMPASIS
D O C T O R A L R E S E A R C H E R
P U B L I C R E S E A R C H C E N T E R H E N R I T U D O R , L U X E M B O U R G
L A P P E E N R A N T A U N I V E R S I T Y O F T E C H N O L O G Y, F I N L A N D D i m i t r i o s . S a l a m p a s i s @ t u d o r . l u
CRP Henri Tudor
Research for Innovation,
made in Luxembourg
A Dynamic Development
Tudor Organisation
Academic collaborations worldwide
Accademic collaborations in Europe
Where do we stand?
• Unprecedented world crisis
• Economic and social crisis
• World crisis of inequalities
• Political crisis
• Hunger and poverty crises Where shall we go?
• Global Governance
• Fair Trade
• Financial Markets
• Decent work
• Migration
• Global Social Protection
• Regulation of Global Finance
• Strengthening Democracy
• Call for repairing the economic and social fabric • Call for consolidating the rebalancing process in emerging and
developing countries • Call for finding the right balance between employment and
macroeconomic goals in advanced economies • Progress towards reducing economic and social inequalities would pave
the way for a lasting recovery
World of Work Report 2013 International Labour Organization
Europe's young people are suffering disproportionately in the economic crisis and we must do more to prevent them from becoming 'a lost generation'
The EU needs to create 6 million jobs to return to pre-crisis levels but labour market conditions continue to worsen
Employment rates have fallen in the vast majority of countries
Unemployment and youth unemployment continue to rise in 2013
Long-term unemployment is increasing and job seekers are becoming discouraged
Investment remains weak as uncertainty prevails and financial markets remain dysfunctional
Real challenges
• Balancing the local and the global • Managing a flexible and virtual human capital • Recruitment and retention of “top talent”, in an environment where employee
engagement has been and will be challenging • Matching the supply of talent to the geographies where the opportunities for growth
are greatest • Development of global career paths • Creation of more innovative, agile and globally responsive organizations • Ensuring that people profile matches the value drivers of the business • Effective Training
*
*The role of the talents as the drivers of Innovation and Creativity in economy
*Power of people in creating new solutions with new ideas to more complex problems that arise in society
*Innovation and creativity as the platform of creation of value in a global competitive economy
*Process of evolution of the integration of people in society
*Active entrepreneurial culture and attitude
*Co-creation and openness
*Global participation towards individual creativity and collective cooperation
*Open society
*Trustworthiness
*Inspired by Francisco Jaime Quesado’s “The Human Capital”, New Europe, 12-18 May 2013
Human Capital Trends*
Time Horizon Exploration Execution
Leading • Leadership Next
• How is the financial crisis
changing the HR game
• Organization Acceleration
• Talent Development
• Transformation of HR
towards meeting new
business and social
priorities
Rising • Open Innovation
• Global Diversity and
Dexterity
• Workplaces of the future
• Aging workforce
• Performance management
Emerging • Open Talent Economy • Human capital analytics
*Adapted from “Resetting Horizons-Human Capital Trends 2013”, Deloitte Global Edition
*Thank you for your kind attention