Turbulence is the new normal as technology disruptions change how we live, work, and play, requiring companies to reimagine and reinvent themselves to stay relevant. Each major inflection point in technology and business lasts around 10 years. Talent acquisition is also changing as skills, not jobs, are advertised and hiring becomes increasingly social and focused on building experiences rather than planning careers. Organizations must focus on collaboration, engagement, data analytics, and being adaptive to survive in this turbulent environment.
HR imperatives in the hi tech industry - managing thru turbulent timesn
1.
2. Turbulence is the new Tranquility
• Technology Disruptions change the way we Learn, Live , Work and Play
• Reimagine and Reinvent to stay relevant
• - Blackberry , Nokia and many more ………….
• New Age CEO has a different DNA
• a drive to dominate environments, Restlessness , Challengers ,Speed of Light
Each Big Inflection Point last approx. 10 years
Or Shorter
3. And the Much talked about Millennial workforce
Smart Ambitious Connected
Direct And Fearless Informal Has a Life !
4. Talent Acquisition is turning on its head
What we need to Know and Do
Near term is the new planning horizon
Build V/s Buy – You cant fight wars !
Skills and not jobs are advertised
Hiring is increasingly social so is the Employer Brand
Org structures are transient – swarm and solve a problem
Feedback becomes real time – jury out on written review
You cant plan for careers – you can plan experiences – Career Lattices
Collaboration is fast and virtual
Differentiation is no longer a lip service
Obsessive focus on top 20 % - Identify , nurture , reward , retain
Engagement strategies are Swift , Short , compelling , mobile
Gamification
Pulse Surveys are replacing employee surveys
Data is worthless if there are no predictive analytics
No Sacred Cows- Alertness , Adaptability , Agility , Ability