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6 human capital
trends and priorities
Driving decisions for Canadian
corporate leaders
Resetting horizons | Canadian human capital trends 2013
The 6human capital trends for 2013
Transforming HR to meet new business priorities
The war to develop talent is on the rise
Organization acceleration: Get more value out of
your change initiatives
Branding the workplace to attract talent
Leadership.next: Debunking the superhero myth
Boards are changing the HR game
1
2
3
4
5
6
67%of the respondents think that
this trend is highly relevant today
Transforming HR to meet
new business priorities
trend
1
HR is too focused on operational excellence.
HR business partners supporting employee
relations and performance management versus
workforce planning and business talent strategies.
Facts
Focus on developing talent and leadership to support
long-term strategies...not just for the immediate future.
Concentrate on areas such as talent, emerging markets
and the HR organization.
Answers
The war to develop
talent is on the rise
67% of the respondents think that
this trend is highly relevant today
trend
2
One-third of Canadian employers can’t find skilled workers.
The competition for scarce talent with specialized
skills knows no borders.
We risk losing our best and brightest.
Employee-turnover costs are escalating.
Facts
Improve employee engagement.
Focus on building employee capabilities.
Hire people for their future potential, don’t just fill roles.
Create new career models that are less process-based,
more project-based.
Answers
62% of the respondents think that
this trend is highly relevant today
Organization acceleration:
Get more value out of your
change initiatives
trend
3
Faced with tougher and more numerous challenges,
organizations want more from their change initiatives.
Analysts, owners and investors want organizational
change to produce quantifiable and sustainable
results more quickly.
They see off-the-shelf change programs as
commodities that produce mediocre results.
Facts
Analyze “big data” to locate and focus on change
initiatives that get results.
Get buy in from senior leaders to drive those initiatives.
Focus on initiatives to deliver impacts that last.
Answers
59% of the respondents think that
this trend is highly relevant today
Branding the workplace
to attract talent
trend
4
Social media has erased whatever lines used to exist
between the corporate brand and the talent brand.
In a knowledge-based economy, a company’s brand is
only as good the reputation of the people who work for it.
Canada has the potential to be a very attractive
destination for top talent – but are we ready?
Facts
Improve employment flexibility and elasticity: let talent
be from anywhere and work from anywhere.
Increase speed and volume of accreditation for
qualified immigrants.
Match post-secondary course offerings to
employment market demand.
Promote diversity and inclusion.
Create strong bonds to help retain and attract
your future talent.
Answers
57% of the respondents think that
this trend is highly relevant today
Leadership.next:
Debunking the
superhero myth
trend
5
Yesterday’s leadership theories have not kept pace
with today’s fast and disruptive marketplace.
There is no longer a single model of leadership that fits
all situations.
An agile and disruptive marketplace requires leaders
with specializations.
Facts
Anticipate HR programs based on the organization’s
business strategy.
Assign non-HR executives to HR leadership roles
to increase the department’s understanding of the
business and to deliver more practical talent solutions.
Answers
57% of the respondents think that
this trend is highly relevant today
Boards are changing
the HR game
trend
6
There is growing scrutiny and oversight of the value
delivered by leadership.
Quality of leadership influences all investment and
strategy deliberations.
It’s a concern for owner-managed businesses as
well as multinationals.
Facts
Develop a talent strategy: build a talent-intelligent
board and organization.
Pull CHROs deeper into business strategy – and
earlier in the process.
Re-assure the board that the talent risk is being
managed proactively.
Answers
Read the full report
deloitte.ca/hctrends2013
Deloitte, one of Canada’s leading professional services firms, provides audit, tax, consulting, and financial advisory services.
Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited. Deloitte
operates in Quebec as Deloitte s.e.n.c.r.l., a Quebec limited liability partnership.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network
of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed
description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
© Deloitte LLP and affiliated entities.
Designed and produced by the Deloitte Design Studio, Canada. 13-3299

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Canadian human capital trends 2013

  • 1. 6 human capital trends and priorities Driving decisions for Canadian corporate leaders Resetting horizons | Canadian human capital trends 2013
  • 2. The 6human capital trends for 2013 Transforming HR to meet new business priorities The war to develop talent is on the rise Organization acceleration: Get more value out of your change initiatives Branding the workplace to attract talent Leadership.next: Debunking the superhero myth Boards are changing the HR game 1 2 3 4 5 6
  • 3. 67%of the respondents think that this trend is highly relevant today Transforming HR to meet new business priorities trend 1
  • 4. HR is too focused on operational excellence. HR business partners supporting employee relations and performance management versus workforce planning and business talent strategies. Facts
  • 5. Focus on developing talent and leadership to support long-term strategies...not just for the immediate future. Concentrate on areas such as talent, emerging markets and the HR organization. Answers
  • 6. The war to develop talent is on the rise 67% of the respondents think that this trend is highly relevant today trend 2
  • 7. One-third of Canadian employers can’t find skilled workers. The competition for scarce talent with specialized skills knows no borders. We risk losing our best and brightest. Employee-turnover costs are escalating. Facts
  • 8. Improve employee engagement. Focus on building employee capabilities. Hire people for their future potential, don’t just fill roles. Create new career models that are less process-based, more project-based. Answers
  • 9. 62% of the respondents think that this trend is highly relevant today Organization acceleration: Get more value out of your change initiatives trend 3
  • 10. Faced with tougher and more numerous challenges, organizations want more from their change initiatives. Analysts, owners and investors want organizational change to produce quantifiable and sustainable results more quickly. They see off-the-shelf change programs as commodities that produce mediocre results. Facts
  • 11. Analyze “big data” to locate and focus on change initiatives that get results. Get buy in from senior leaders to drive those initiatives. Focus on initiatives to deliver impacts that last. Answers
  • 12. 59% of the respondents think that this trend is highly relevant today Branding the workplace to attract talent trend 4
  • 13. Social media has erased whatever lines used to exist between the corporate brand and the talent brand. In a knowledge-based economy, a company’s brand is only as good the reputation of the people who work for it. Canada has the potential to be a very attractive destination for top talent – but are we ready? Facts
  • 14. Improve employment flexibility and elasticity: let talent be from anywhere and work from anywhere. Increase speed and volume of accreditation for qualified immigrants. Match post-secondary course offerings to employment market demand. Promote diversity and inclusion. Create strong bonds to help retain and attract your future talent. Answers
  • 15. 57% of the respondents think that this trend is highly relevant today Leadership.next: Debunking the superhero myth trend 5
  • 16. Yesterday’s leadership theories have not kept pace with today’s fast and disruptive marketplace. There is no longer a single model of leadership that fits all situations. An agile and disruptive marketplace requires leaders with specializations. Facts
  • 17. Anticipate HR programs based on the organization’s business strategy. Assign non-HR executives to HR leadership roles to increase the department’s understanding of the business and to deliver more practical talent solutions. Answers
  • 18. 57% of the respondents think that this trend is highly relevant today Boards are changing the HR game trend 6
  • 19. There is growing scrutiny and oversight of the value delivered by leadership. Quality of leadership influences all investment and strategy deliberations. It’s a concern for owner-managed businesses as well as multinationals. Facts
  • 20. Develop a talent strategy: build a talent-intelligent board and organization. Pull CHROs deeper into business strategy – and earlier in the process. Re-assure the board that the talent risk is being managed proactively. Answers
  • 21. Read the full report deloitte.ca/hctrends2013
  • 22. Deloitte, one of Canada’s leading professional services firms, provides audit, tax, consulting, and financial advisory services. Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited. Deloitte operates in Quebec as Deloitte s.e.n.c.r.l., a Quebec limited liability partnership. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms. © Deloitte LLP and affiliated entities. Designed and produced by the Deloitte Design Studio, Canada. 13-3299