The Future of HR Promoting Business Success in a Changing Global Workplace

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1 The Future of HR Promoting Business Success in a Changing Global Workplace Presented by Dianna Gould, SHRM-SCP, (September 20, 2018) (Anchorage, AK)

2 SHRM 2018 Together Forward.

3 Agenda 7 New Realities for the Future of Work 9 Tips for Using Metrics Strategically Benefit Trends for 2018 Business Acumen As a Workplace Competency HR Can Promote Business Success HR As An ntegral Part of the Business SHRM 2018 Together Forward. #SHRM #EventHashtag 3

4 Courtesy Deloitte 2017 SHRM 2018 Together Forward. 4

5 Seven New Realities for the Future of Work Exponential Organizations The Changing Ethics of Work & Society Lifelong Reinvention The Nimble Enterprise The Workforce Unleashed Regulated nnovation Technology & Talent Transformation Deloitte 2017 SHRM 2018 Together Forward. 5

6 Are You Ready for Robots? 14% 30% U.S. employees worry automation will take away their jobs Say automation will make their job better. Randstad, 2017 SHRM 2018 Together Forward. 6

7 Welcome to the Future What s Here? What s Coming? Automation Self-Service Kiosks Driverless Cars More Diversity What s Going? Accountants and Bookkeepers Doctors Salespeople Journalists HR Professionals There is an 83% chance that workers who earn $20 an hour or less could have their jobs replaced by robots in the next five years Ad Age, 2017 The U.S. Bureau of Labor Statistics has estimated 80,000 fast food jobs will disappear by 2024 SHRM 2018 Together Forward. 7

8 Welcome to the Future Analytics Blockchain ntelligent Apps nternet of Things Digital Twins Conversational Platforms via HR Magazine, Feb SHRM 2018 Together Forward. #SHRM #EventHashtag 8

9 Big Benefits Trends For 2018 Financial wellness programs get taken seriously Gig economy transforms benefits New twists to paid leave Coping with rising health care costs SHRM 2018 Together Forward. 9

10 HR s Role in Promoting Business Success Understand & Support Business Strategy Leverage Strategic Workforce Planning Measure Organizational Effectiveness Retain, Engage & Develop Talent SHRM 2018 Together Forward. 10

11 SHRM 2018 Together Forward.

12 9 Tips for Using Metrics Strategically Understand the role metrics play in talent analytics Recognize that HR metrics alone offer limited value Learn to ask the right questions Understand the question first, then look at the metrics Work across the organization Embrace measurement Always build a business case dentify the workforcedriven components of business-driven metrics Don t compromise on data quality SHRM 2018 Together Forward. 12

13 Why Workplace Flexibility Matters More Companies ncrease Flexibility Benefits Top benefits? Casual Dress & Telework Regular & Occasional Telework Grows Employers now offer a variety of workflex options 81% 66% 44% 43% 40% 19% Offer flextime Offer telework as needed Offer people flexibility in their shifts Offer a compressed work week Let their employees telework full time Offer job sharing Source: SHRM Online, 2017 SHRM 2018 Together Forward. 13

14 Why Workflex Matters Employees with workflex options result in more productive, healthier employees who are more engaged and less likely to leave. Co-worker Support for Job Success Work-Life-Fit Supervisor Support for Job Success Culture of Respect, Trust and Belonging Autonomy Job Challenge and Learning Opportunities The Effective Workplace ndex Satisfaction with Wages, Benefits and Opportunities to Advance SHRM 2018 Together Forward. #SHRM #EventHashtag 14

15 Align Workflex With Current nitiatives Strategy Diversity Wellness Service Continuity Talent Culture Engagement Preparedness Retention nclusion Recruitment SHRM 2018 Together Forward. 15

16 How to Successfully mplement Workflex Listen to what employees say works best Develop clear guidelines Provide flexibility training for managers and employees Track metrics Communicate SHRM 2018 Together Forward. 16

17 Business Acumen as an HR Competency Communation SHRM 2018 Together Forward. 17

18 HR: An ntegral Part of the Business Maximizing the effectiveness of the HR function can increase business unit revenue and profit by up to 7% and 9%, respectively, 2018 SHRM 2018 Together Forward. 18

19 Questions SHRM 2018 Together Forward. 19

20 SHRM 2018 Together Forward. More at SHRM.org