Monday 11 September 2017

Global HR practices and Future Trends

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In this post I am sharing the gist of the talk given by Mr Selwyn Thomas, Head -Corporate HR Crowe Horwath,  Melbourne, Victoria, Australia  during the evening meeting organized by NHRD Hosur chapter on 13th June 2017.. The speaker's wide exposure to strategic HR in India and subsequent stints abroad  marks him out as the ideal person to speak on the subject.After serving in India and rising to senior levels of counry head/Head HR of large multinationals, he  moved to Australia and has worked extensively over the past 17 years in the  Asia-Pacific region based out of Melbourne and Auckland. He also has project working experience in the UK and France.

  • We live in an era of economic paradox. On the one hand there are more products / increase in productivity and creation of more jobs while on the other hand the job market has become riskier and the job environment more demanding or if you prefer dangerous in terms of expectations,targets and pressure.
  • The employee bonding with the company has reduced considerably
  • In Australia, a third of the work force consist of contingent workmen( employed through contractors). As in the case of raw materials you are now looking at " Just in time employees".
  • 60% of the people in Australia work part time and 40% are in permanent employment. While the younger people tend to work full time, the older people across the board( at all levels in the organization) work less.
  • As people come and go often, the organization structure tends to be flexible and job security has become less important and also not much gains in compensation is observed.
  • In short, "the labour market is confusing" with more mobility and job changing as against earlier periods when jobs were changed less frequently.
  • These trends would mean, everyone including HR needs to constantly update and be able to meet changing requirements.
  • There has been a shift in the balance of power in favour of employers since 1980s. The Government presently are reluctant to intervene and are not engaging in policing as in earlier times. 
  • The time has come for change; technology enabled change. Therefore the future of HR as in the case of other disciplines lies  in embracing technology. 
  • HR needs to use infographics and landscape mode to reach out to large number of employees. (Infographics simplify information in a visually engaging and attractive manner. Here, basic principles of design is used to support the information presented, making it more easily accessible to a larger or target audience) 
  • Technology can be profitably utilized by HR for work force management, training and building strategy. HR analytics could play an important role in this regard. ( Readers may like to read my post on HR analytics and its possibilities for HR-  https://corporatepoem.blogspot.in/2016/10/hr-analytics-and-four-abilities.html )
  • While technology has its advantages, it could mean, the death of transactional HR ie  the repititive, predictive activities, that HRDians have been engaged since a long time.
  • Traditional roles such as wage negotiation  are getting reduced with Government releasing industrywise payment guidelines.
  • With the systems having become smarter, companies expect line managers to do this part of traditional HR role, devoting atleast 10% of their time for HR work. 
  • The strategic HR, however will continue to have relevance. To use the words of the speaker " Only the corporate HR guys will survive". HRDians need to use the opportunity to make vital contributions,  strategically and earn respect for the function. 
  • It appears that it is "Rest in peace" for the performance appraisal systems. In view of organizations having become very dynamic, it has become difficult to set 'fixed period' objectives for teams. Dynamic performance management is expected to replace performance appraisal. You are bound to be assessed on the go; assessed from the moment you join without a honeymoon period.
  • Assessments would be more matter of fact with only 'yes' or ' No' answers: Why has the team failed? Do they have some other issues not addressed?- yes/No
  • The social media enabled recruitment is expected to grow.In a study it was revealed that 80% of those surveyed used Linked in, followed by facebook and twitter.
  • We are likely to see Cafe offices wherein employees will operate from a neighbourhood cafe using tools such as video conferencing. Speaker gave the instance of employee dialing and connecting with colleagues from a mobile van in Singapore.
  • Flexible working hours would be more the norm than exception and laws would permit multiple employment.
  • The speaker predicted that 33% employers would permit their employees to work from home and 52% of the employers are likely to lose talent for not allowing such flexibility.
  • E learning which is gaining currency could become even more popular in view of its convenience to learn at your own pace at the time convenient to you. certificates can be acquired on completion of the course.
  • As against the traditional induction and orientation of employees, the 'onboarding' (like the highly structured and ritualized process of boarding an airplane) exercise in future would start even before the employee has joined the company with the Emails seeking details of the employee including his preferences etc, This continues after his joining giving the employee a personalized experience.
  • Similarly the salary packaging would also be personalized to specific individual needs of employees, permitting him/her to create the basket within the broad structure.
  • There could be a rethink on ways of employee communication given the fact that most employees, particularly the young are very active on social media.
  • The futuristic offices are expected to be very different from how we have known it - No telephones or desks,only pods to sit on.With no dedicated chairs or place for individuals, the office would have open spaces to interact- " Focus zone. Collaboration Zone, creative zone, technology Zone" and so on. The speaker said that the KPMG Melbourne office has been created on these lines.

After the presentation, we got the opportunity to interact with Mr Selwyn and seek clarification and elaboration on the matters discussed. It was indeed a very engaging and rewarding evening for the audience who not only got information on what is happening in other countries but also insights on future trends from an expert who has had exposure to varied working environments.