Talent Trends: Tune Up Your Strategies for 2016

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Dan Schawbel

Talent Trends: Tune Up Your Strategies for 2016

©2016 Future Workplace www.futureworkplace.com | 7

Talent Trends: Tune Up Your Strategies for 2016

Dan Schawbel Partner & Research Director, Future Workplace

January 20, 2016


IMPORTANT HR TRENDS

Leadership Wake-up Call

Managers As Coaches

Work Flexibility

Unified Talent Data

The Arrival of Gen Z

Personalizing Talent Management

The Empowered Employee


Managers None of the above

Individual contributors

Directors Executives (VP, SVP,

EVP)

Other C-level (CEO, CMO, CTO, etc.)

24%

16% 16% 15%

12% 11%

5%

LEADERSHIP WAKE-UP CALL 1

Source: WorkplaceTrends.com & Saba

What position to you aspire to


What position to you aspire to

+ Communication + Ability to build relationships + Strategic thinking

– Industry expertise – Technical expertise – Influence




Shift towards Transformational leadership


Results

Between 2000 and 2015, their annual turnover decreased from 25% to 10.4%.

Problem

They suffered from a low retention rate and needed to fill more executive level positions. Solution They created a leadership development program at every level of their organization, from employees to executives. •  Employee 100 - Front line employees •  Emerging Leaders – Front line employees •  Supervisory Academy – Supervisors •  Leadership Academy – Manager and above •  Horizontal Leadership – Vice presidents

CASE STUDY

©2016 Future Workplace www.futureworkplace.com | 13 Invest in the Next Generation


Once a year 52%


How often employees want feedback

Twice a year

Twice a year

Quarterly

Other

18%

27% 14%

17% 27%

2%

1%

15%

25% 20% said Weekly 5% said Daily

How often employees want feedback

MANAGERS AS COACHES 2

HR Employees


80% of Millennials

prefer to receive

feedback in real-time

Check-in approach




vs

HR and Millenials are not aligned


Does your company offer coaching opportunities

44%

40%

16%

No

Yes

Unsure

79% say mentoring makes them feel more engaged with their organization.


Source: PeopleFluent

©2016 Future Workplace www.futureworkplace.com | 18 Invest in Coaching


WORK FLEXIBILITY 3


64% Expect employees to be reachable on their personal time.


WORK FLEXIBILITY 3

Yes

No 36%

64%

Do managers expect employees to be reachable outside of office


37% Of workers telecommuted in 2015, up from 9% in 1995.

Source: Gallup

Have you ever telecommuted

WORK FLEXIBILITY 3

9%

37%

1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015

Yes


•  Centralized learning

•  Tracking and reporting features

•  Evaluation capabilities

UNIFIED TALENT DATA 4

•  Easy upgrades

•  Simplified learning process

ONLY 50% say they have an LMS product



2015 Talent Management Magic Quadrant

Consolidated data Consistent user experience


17% 20% 29% 36%

Integrated solutions offer companies these benefits

Retention

Revenue

Employee Engagement

Leadership Development

Hiring

17% 20% 29% 36%


87% 87%

Source: Gartner

©2016 Future Workplace www.futureworkplace.com | 25 Make it easy and engaging


GEN Z 1994

GEN X

GEN Y 1977

1965

THE ARRIVAL OF GEN Z 5

©2016 Future Workplace www.futureworkplace.com | 27 Healthcare Training Flexibility



High expectation Honest leaders

Work environment


©2016 Future Workplace www.futureworkplace.com | 29 Engage with Gen Z


PERSONALIZING TALENT MANAGEMENT 6


0%# 10%# 20%# 30%# 40%# 50%# 60%#

By#Loca0on/Geography#

By#at#Company#

By#Title#

By#Individual#

By#Department#

PERSONALIZING TALENT MANAGEMENT 6

How have companies personalized their development programs

©2016 Future Workplace www.futureworkplace.com | 32 Personalize Development


THE EMPOWERED EMPLOYEE 7

Options

Feedback

Accessibility

Future Workplace, WorkplaceTrends.com, Virtuali, LinkedIn, Beyond.com

THE EMPOWERED EMPLOYEE 7


Benefits •  Supports Gen Y •  Retention Results •  Scoring higher marks on the

employee engagement survey. •  Highest scores in their industry. •  92% of employees report that they

expect to have a long-term career at the organization.

What they do Career Pyramids: The program emphasizes performance as the main basis for career advancement. •  Side 1: position titles •  Side 2: corresponding

education and experienced required

•  Side 3: Certificates and competencies required

CASE STUDY


THE FUTURE OF WORK

Career Paths

The Future Of Work

Metrics

Freelancing

Flexibility


Challenge

Solution

A Challenge to HR Organizations in 2016


Continue Your Journey

Additional Trends forbes.com/sites/danschawbel

Register For Our Event FutureOfLearningAndWorking.com


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Date post:	16-Apr-2017
Category:	Recruiting & HR
Upload:	human-capital-media
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Talent Trends: Tune Up Your Strategies for 2016

Recruiting & HR