Transformation HR Forward. CBS Competitiveness Day 2017

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1 Transformation HR Forward CBS Competitiveness Day

2 Human Capital Analytics Group HCA Group Mission Mission Inspiring, empowering, and equipping companies to use data-driven human capital decision-making to build and sustain competitive advantage Knowledge is the ultimate source of organizational competitive advantage Grant,

3 Agenda Why HR needs to transform How HR will transform Group discussion Stepping up the transformational agenda Henriette Fenger Ellekrog, Head of Group HR, Danske Bank 3

4 Agenda Why HR needs to transform How HR will transform Group discussion Stepping up the transformational agenda Henriette Fenger Ellekrog, Head of Group HR, Danske Bank 4

5 The changing world around us The perception The trends from (some of) our stakeholders 5

6 The changing world around us Which of the following trends do you believe will significantly influence the future of HR? The trends Digitalization Agility and adaptability Job and task atomization Flexible and global workforce Individualization/Employee experience Workforce Analytics Cloud solutions Demographic shift Risk and privacy 80% 50% 40% 40% 40% 30% 30% 30% 30% 6

7 The changing world around us The trends Digitalization Agility and adaptability Job and task atomization Flexible and global workforce Individualization/Employee experience Workforce Analytics Cloud solutions Demographic shift Risk and privacy 7

8 Example: Elements of implementing a data driven approach in HR Business case Purpose: Securing a qualified workforce Transformation Project management Tools and technologies HR foundation Group practice and processes alignment People Reporting People Data HR Processes Group strategy Group Finance SWP GAP analysis HR Roles IT System Predictive analysis / Talent Metrics HR Operating Model ROI Analysis Analytical Competences HR Processes Cycle Group Risk Management Group IT Group Legal?? 8

9 The changing world around us The trends Digitalization Agility and adaptability Job and task atomization Flexible and global workforce Individualization/Employee experience Workforce Analytics Cloud solutions Demographic shift Risk and privacy 9

10 The changing world around us The trends Digitalization Agility and adaptability Job and task atomization Flexible and global workforce Individualization/Employee experience Workforce Analytics Cloud solutions Demographic shift Risk and Privacy 10

11 TIME TO TRANSFORM THE WAY WE TRANSFORM? 11

12 Agenda Why HR needs to transform How HR will transform Group discussion Stepping up the transformational agenda Henriette Fenger Ellekrog, Head of Group HR, Danske Bank 12

13 Group Discussion Questions for discussion Questions: 1. WHY will the identified trend influence business? 2. WHAT will change in business due to the identified trend? 3. HOW can we approach the transformation? Digitalization Agility and adaptability Job and task atomization Flexible and global workforce Individualization/Employee experience Workforce Analytics Cloud solutions Demographic shift Risk and privacy 13

14 Group Discussion WHY Disruptive force WHAT HOW 14

15 Group Discussion Game rules 1. Each table has one subject/trend to discuss see the ENVELOPE at the table 2. Each table chooses two captains who are given the CAPTAIN signs Group Work 3. For 20 min all participants at the table discuss and fills in the answer sheet 4. When the bell rings, the two captains stays at the table. The other people find a new chair at another table of their own choice 5. For the next 20 min the new arrivals challenges (or confirms) the answers on the tables answer sheet. Captains can choose to either defend or correct the answers 6. Finally each tables captains present findings to plenum 15

16 Agenda Why HR needs to transform How HR will transform Group discussion Stepping up the transformational agenda Henriette Fenger Ellekrog, Head of Group HR, Danske Bank 16

17 CLOSING STATEMENT 17

18 Closing statement The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking Thank you! Albert Einstein 18

19 WHAT S NEXT? 19

20 Collaborative Learning Network NEW in 2018 Purpose To secure HR as a business relevant function by increasing organizational capability to handle business transformation processes. Approach co-creating new knowledge 4 seminars focusing specifically on defining the questions and exploring the answers to: WHY? WHAT? HOW? Seminar 1. Seminar 4 Target group HR Business Partner, HR Management Partners and HR Consultants More information and invitations will follow in December

21 Closing statement Dana Minbaeva Founder of HCA Group Professor in Strategic and Global HRM, CBS Thank you Maria Beck Petersen Research Assistant HCA Group CBS 21

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