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Human Resources: Top 4 Trends for 2017

YOUR BEST YEAR YET
GET THE COMPLETE GUIDE

Human Resources and your Organisation

Your Success Story – 2017 & beyond 

At TTI Success Insights Ireland we strive for excellence – in ourselves and in our Associates. So, we want to help prepare you for something big. That something is 2017.

Pause.

Take a moment, close your eyes and picture yourself, your Human Resource Department and your organisation thriving in 2017, see yourself fully informed and ready to take on the challenges it brings, see it as being your best year yet.

We believe that this is absolutely possible, with a little help. We have done the research for you, read and distilled from the great thought leaders and blended it with our own experience in the field to help you achieve that audacious goal.

 

“Very informative and excellent market data.”

Avril

HR Business Partner

“Really worth while.”

Darragh

Change Project Manager

This guide is a summary of the webinar delivered on the 23rd of November 2016 with some additional notes and references.

The webinar was hosted by Padraig Berry, CEO of TTI Success Insights Ireland and Mary Jordan, an Executive Coach with an extensive background and experience in HR.

 

You should invest in people not ideas. A good idea is often destroyed by bad people and good people can always make a bad idea better” – Simon Sinek

Let’s take a look at what’s changing

Technology is advancing:

The speed of innovation means that we have always-on communications and sophisticated data analytics measuring engagement & performance. Global connectivity is enabling teams to work together that have never met. Robots are gradually invading the workplace.

Demographics:

We now have three generations in the workplace simultaneously: the Babyboomers, Generation X and Generation Y. In 10 years Millennials are projected to represent approximately 75% of the workforce.

Talent Shortage:

Yes, we are aware this one already exists as an issue for HR Professionals. However, demographic changes mean that finding and retaining tomorrow’s talent is going to be tougher than ever. Both the US and Germany recorded talent shortage of 40% in 2014 while Japan recorded 81% (CPL )

Expectations:

Millennials crave meaning and significance as part of their work experience. They are less interested in money and career and more interested in creativity, freedom, professional development and rapid advancement.

This is all useful information but what can I do as a HR Professional?

In a nutshell, people, people, people are the answer. With increasingly hyper connected and fast moving digital workplaces, coupled with the Millennials’ desire for engagement and meaning and the worsening talent shortage, it has become clear that investing heavily in our people is where we need to focus our efforts.

The employee is now looking at work as an experience, not somewhere to go but something to do. Living authentic company values, always on engagement, embracing technology and ongoing learning, juggling different generational needs, health and wellness, diversity, creativity and less supervision are all challenges to be met head on and with courage. 

We’ll explore these issues further with you and find the answers in our webinar and guide.

This guide is broken into the following 4 sections:

 

  1. Changing Demographics.
  2. Managing Expectations.
  3. Advancing Technology.
  4. Talent Shortage.

GET THE COMPLETE GUIDE TO HR TRENDS FOR 2017

This is the complete guide to get you and your HR department on track in 2017. For a limited time only we are giving this away as a free download.

Do you want 2017 to be a great year for your and your organisation?

Section 1: Changing Demographics.

We now have more generations in the workplace then ever before.

Soon millennials will represent 75% of the workforce.

We now have three generations in the workplace simultaneously – Baby-boomers, Generation-X and Millennials – and all have different needs, expectations and motivations. It is estimated that in 2026, Millennials will make up approximately 75% of the workforce. These demographic changes mean that organisations will have to adapt in order to get the most out of their people. For Millennials, the goal is to make a difference through their work, and they value flexibility, life-work balance and rapid career advancement. Generation X traditionally look for security by amassing skills from their work. Many Baby Boomers measure success materially, and live by the motto: ‘What you do is who you are.’ They derive their identity and respect from their work. As each generation has their own unique set of values, needs and wants, they need to be managed differently.

GET THE COMPLETE GUIDE TO HR TRENDS FOR 2017

This is the complete guide to get you and your HR department on track in 2017. For a limited time only we are giving this away as a free download.

Do you want 2017 to be a great year for your and your organisation?

Section 2: Managing Expectations.

Each demographic has different expectations and motivations.

More generations then ever before, all with different expectations.

Each generation in the workforce has different expectations. According to research by Gallup, Millennials are the least engaged (29%) generation in the workforce, with 60% open to new job opportunities. They crave purpose and meaning from their work, and are driven by creativity and freedom. In general, they care less about loyalty and more about experience. This may clash with the values and goals of older generations. The challenge for organisations is to manage these expectations of Millennials and other generations. What is your employer brand saying about your organisation? We’ve put together some tips to help you develop your employer brand and manage the expectations of your workers.

 

GET THE COMPLETE GUIDE TO HR TRENDS FOR 2017

This is the complete guide to get you and your HR department on track in 2017. For a limited time only we are giving this away as a free download.

Do you want 2017 to be a great year for your and your organisation?

Section 3: Technology is advancing.

Robots are gradually invading the workplace.

The speed of innovation means we are now ‘always-on’.

Technology is allowing us to do things faster and better than ever before. In the global workplace, teams are coming together to work on projects who have never met face-to-face. Remote working, hot-desking and freelancing are becoming the norm. While this advancement is creating greater flexibility for workers and freedom from corporate rigidity, there are a number of questions which must be raised. How do we establish collaboration and effective teams? How do we promote open and social exchange to ensure effective collaboration? And how do we ensure sensitivity to cultural norms? As a HR professional, there are a number of things you can do, such as encouraging your employees to ‘switch off.’ After all, a well-rested employee is much more likely to come up with great ideas than an ‘always on’ employee.

 

GET THE COMPLETE GUIDE TO HR TRENDS FOR 2017

This is the complete guide to get you and your HR department on track in 2017. For a limited time only we are giving this away as a free download.

Do you want 2017 to be a great year for your and your organisation?

Section 4: Talent Shortage.

Finding and retaining tomorrows talent is tougher then ever.

Both the US and Germany reported shortages of 40%.

Organisations are facing an increasing shortage of talent, particularly among women parents who are pessimistic about their ability to both manage home life and progress to more senior levels. In fact, research suggests that one in five female parents leave work because of unhappiness in their job and a desire for a better work-life balance, compared to one in ten men. What can you do as a HR professional? It’s useful to keep the 3 R’s in mind: Retain (people will leave a company because of a bad manager), retrain (set up individual development plans for employees) and referrals (be sure to manage your brand and walk your talk). Work on your coaching skills to bring out the best in your employees.

GET THE COMPLETE GUIDE TO HR TRENDS FOR 2017

This is the complete guide to get you and your HR department on track in 2017. For a limited time only we are giving this away as a free download.

Do you want 2017 to be a great year for your and your organisation?

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