As part of the SHRM Experience, this session is sourced from leading edge SHRM research coupled with global expert opinion surrounding: how will HR change in the
future, specifically what will HR being doing in 2020. Key topics in this session are the effects of social media on performance and talent management, generational divides and globalisation.
This presentation was used at HR Summit and Expo 2013 www.hrsummitexpo.com
2. Society for Human Resource Management
250,000+ HR professional members
600 US chapters
400 staff with HQ in Alexandria, Virginia USA
Offices in India, UAE, China
140,000 certified
HR research, best practices, emerging trends
Elevate the profession, support the professional
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7. Over the next 10 years, what do you think will be the three
biggest challenges facing HR executives at your
organization?
Retaining and rewarding the best employees
51%
Developing the next generation of corporate
leaders
36%
Remaining competitive in the talent
marketplace
21%
Finding employees with the increasingly
specialized skills we need
15%
Creating an employee-centric, serviceoriented HR organization
41%
2012 (n = 483)
2010 (n = 465)
20%
17%
Finding the right employees in the right
markets where we do business around the…
44%
34%
33%
Creating smooth and efficient HR processes
that ensure a good employee experience
33%
13%
12%
Breaking down cultural barriers that make it
difficult to create a truly global company
Other
52%
29%
Creating a corporate culture that attracts the
best employees to our organization
59%
11%
1%
24%
6%
Note: Percentages do not total 100% due to multiple response options. Respondents who answered “don’t know” were excluded from this
analysis.
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8. Over the next 10 years, what do you think will be the
biggest investment challenge facing organizations?
43%
Obtaining human capital and optimizing
human capital investments
47%
22%
Obtaining financial capital and optimizing
financial capital investments
29%
19%
Obtaining technology and optimizing
technological capital investments
11%
2010 (n = 449)
14%
Obtaining intellectual capital and
optimizing intellectual capital investments
Obtaining physical capital and optimizing
physical capital investments
2012 (n = 484)
12%
3%
2%
Note: n = 484. Percentages do not total 100% due to rounding.
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9. Recruiting Difficulty
Compared with [previous month], have labor market conditions during [current
month], made it more or less difficult to recruit highly qualified individuals to fill those
positions that are of the greatest strategic importance to your firm, i.e., to put “A” 9
candidates into your “A” jobs?
10. Global Talent Supply – Stress Factors
Demographic trends / aging workforce in some key countries
Europe, Japan, China
Suboptimal educational systems
Many graduates lacking needed skills (US)
Policy Distortions
US immigration policies
Low labor force participation rates in some countries
Declining labor mobility in some markets
Skill need vs. skill development cycle time mismatch
Exploding demand for STEM skills
BRIC nations and other emerging economies
Global STEM deficiency
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13. Technology and Innovation
Moore’s Law
Sustained pace of technology advance
Increasing efficiency in diffusion of innovation
Printing press = hundreds of years
Internet = decade +
Smartphones = 3 years?
Rapid emergence of new eco-systems
Apple
Facebook
US energy reinvigoration
Dubai
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19. Ten years from now, which of the following competencies
do you see being most critical for the HR professional?
Business Acumen
42%
Organizational Leadership and Navigation
40%
Relationship Management
37%
Communication
35%
Critical Evaluation
30%
HR Technical Expertise and Practice
26%
Consultation
25%
Ethical Practice
Global and Cultural Effectiveness
21%
17%
Note: n = 472. Percentages do not total 100% due to multiple response options.
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20. Ten years from now, when considering Business Acumen
for HR professionals, which of the following components
(i.e., sub-competencies) will be most critical?
HR and Organizational Metrics/Analytics/Business…
45%
Knowledge of Business Operations/Logistics
41%
Strategic Agility
41%
Business Knowledge
28%
Knowledge of Government and Regulatory Guidelines
25%
Knowledge of Finance and Accounting
18%
Economic Awareness
17%
Knowledge of Labor Markets
17%
Knowledge of Technology
16%
Systems Thinking
14%
Effective Administration
11%
Knowledge of Sales and Marketing
Other
6%
1%
Note: n = 469. Percentages do not total 100% due to multiple response options.
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