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HCM	
  Trends	
  2014:	
  Aligning	
  
for	
  Business	
  Results	
  
Speaker:

	
  
	
  	
  
Moderator:

	
  

Mollie Lombardi
Vice President, Principal Analyst
Aberdeen Group
Max Mihelich
Associate Editor
Workforce magazine

#WFwebinar
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HCM	
  Trends	
  2014:	
  Aligning	
  for	
  
Business	
  Results	
  
	
  
	
  	
  

	
  

Max Mihelich
Associate Editor
Workforce magazine

#WFwebinar
HCM	
  Trends	
  2014:	
  Aligning	
  for	
  
Business	
  Results	
  
	
  
	
  	
  

	
  

Mollie Lombardi
Vice President and Principal Analyst, HCM
Aberdeen Group

#WFwebinar
Agenda
q  A

Critical Eye for Talent
q  Developing Next
Generation Leaders
q  Future-Proof your HR
Leadership

8
Drawn from our World Class Research

Studying hundreds of
organizations and their
strategies
q  Covering a wide variety
of industries and
geographies
q 

9
10
11
A Critical Eye for
Talent

12
Strong Businesses Require Strong Talent

13
Finding and Growing Talent are Top Pressures

Source: Aberdeen Group, HCM Trends 2014, January 2014
14
Strategic Talent Acquisition

The process of identifying, attracting and
onboarding talent in order to drive
business performance

Employer
Branding

Sourcing

Screening &
Assessment

Hiring &
Onboarding

15
Top Pressures in Talent Acquisition

Source: Aberdeen Group, Talent Acquisition 2013, August 2013
16
It Takes a Village

17
Business Leaders Need a Critical Eye on Talent

Source: Aberdeen Group, HCM Trends 2014, January 2014
18
Manage Risk by Building Talent Pools

19
Capabilities Supporting HCM Efforts

Source: Aberdeen Group, HCM Trends 2014, January 2014
20
Line of Business Accountability Yields Talent
Results

Source: Aberdeen Group, HCM Trends 2014, January 2014
21
In organizations where alignment is a priority,
technology adoption is much greater

22
Supporting performance and development
planning drives employee engagement

23
24
Developing Next
Generation
Leaders

25
The Leadership Shortage

Companies say, on average, they
are only capable of delivering

2/3
of the leaders the business will
require in the next 3-5 years
26
Levels with the Biggest Leadership Gaps

Source: Aberdeen Group, Accelerating Leadership Development, March2013
27
The College Hire Skills Gap

40% of organizations say college hires will
require some additional coaching and training

29% say they will have to spend significant
time developing their college hires
Only 10% indicate that college hires are
ready to contribute now
Source: Aberdeen Group, Learning 2013, September 2013
28
On average, organizations
indicate it takes 29 months
to develop a high potential
mid-level manager into a
"ready now" senior leader
Source: Aberdeen Group, Accelerating Leadership Development, March2013
29
Most valuable for identifying high potentials
(1 = not at all valuable and 5 = Most valuable)

Best-in-Class

All Others

Critical thinking / cognitive ability
assessments

4.14

3.69

Customer or client feedback
Multi-rater / 360-degree assessments
Hiring manager or supervisor feedback
Skill-based assessments
Scenario-based assessments

3.84
3.82
3.71
3.69
3.54

3.70
3.71
3.63
3.36
3.30

Behavioral / personality type
assessments

3.52

3.40

Source: Aberdeen Group, Accelerating Leadership Development, March2013
30
31
Best-in-Class organizations
are more than twice as
likely to have a process in
place to identify high
potential talent
Source: Aberdeen Group, Accelerating Leadership Development, March2013
32
Groups with Dedicated Leadership Development
Programs

Source: Aberdeen Group, Accelerating Leadership Development, March2013
33
Ownership of Front-line Leadership Development

Source: Aberdeen Group, Accelerating Leadership Development, March2013
34
Development Must Be a Business Imperative

46% of organizations with
above average readiness
measure existing leaders on
their contribution to the
development of other leaders,
as compared to just 33% of organizations with below
average readiness
35
Most Valuable to Accelerating Leadership Development:
Mixing Formal and Informal
(1 = not at all valuable and 5 = Most valuable)
Stretch	
  assignments	
  beyond	
  typical	
  du4es	
  
Formal	
  leadership	
  development	
  programs	
  
Crea4on	
  of	
  individualized	
  development	
  plans	
  
Assessments	
  to	
  uncover	
  strengths	
  and	
  weaknesses	
  to	
  
guide	
  development	
  
Specific	
  leadership	
  development	
  project	
  assignments	
  
(ac4on	
  learning)	
  
On	
  the	
  job	
  or	
  informal	
  coaching	
  
Coaching	
  or	
  mentoring	
  from	
  internal	
  sources	
  	
  
Par4cipa4on	
  in	
  special	
  projects	
  
Formal	
  high	
  poten4al	
  development	
  programs	
  
Coaching	
  or	
  mentoring	
  from	
  external	
  sources	
  
Rota4onal	
  assignments	
  in	
  other	
  divisions	
  or	
  job	
  roles	
  
Social	
  learning	
  through	
  internal	
  or	
  external	
  online	
  
communi4es	
  

Above	
  Average	
   Below	
  Average	
  
Readiness	
  
Readiness	
  

3.76	
  
3.72	
  
3.70	
  

3.53	
  
3.56	
  
3.64	
  

3.63	
  

3.59	
  

3.61	
  

3.69	
  

3.59	
  
3.59	
  
3.43	
  
3.39	
  
3.38	
  
3.17	
  

3.30	
  
3.34	
  
3.42	
  
3.47	
  
3.40	
  
3.42	
  

2.93	
  

2.89	
  

Source: Aberdeen Group, Accelerating Leadership Development, March2013
36
Future-Proof your
HR Leadership

37
The HR Leader of the Future: Connecting the
Business

38
The HR Business Partner Continuum
Title

In Name
Only

Trusted
Advisor

Order
Taker

Influencer

No Title
No Capability

Strong Capability
39
HR Leaders Must be Business Leaders

Source: Aberdeen Group, HCM Trends 2014, January 2014
40
Barriers to Being More Strategic

Source: Aberdeen Group, HCM Trends 2012, January 2012
41
Alignment and Agility

42
Can Talent Impact on Business Metrics be
Measured?

Source: Aberdeen Group, HCM Trends 2012, January 2012
43
Integrating Data to Fine Tune the Decision Engine

44
Best-in-Class Organizations are
q 

142% more likely to integrate workforce and talent data
q 

79% more likely to include employee productivity and
performance data in the scheduling process
q 

45% more likely to integrate workforce
management systems with core HR and payroll
§ 

36% more likely to integrate workforce
management data with business performance
data
Source: Aberdeen Group, Human Capital Management Trends 2012, January 2012
45
Q&A

	
  
	
  	
  

	
  

Mollie Lombardi
Vice President and Principal Analyst, HCM
Aberdeen Group
mollie.lombardi@aberdeen.com
617-854-5216

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Total Rewards 'State of the Union': Top Trends,
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Coming Year
Wednesday, March 26, 2014

	
  
	
  	
  

	
  
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HCM Trends 2014: Aligning for Business Results

  • 1. HCM  Trends  2014:  Aligning   for  Business  Results   Speaker:       Moderator:   Mollie Lombardi Vice President, Principal Analyst Aberdeen Group Max Mihelich Associate Editor Workforce magazine #WFwebinar
  • 2. Tools You Can Use •  Audio Control –  –  There is no dial in number the sound will come through your computer speakers or headphones Also check internal volume on your computer as well as your external speakers or headset.         #WFwebinar
  • 3. Tools You Can Use •  Q&A   –  Click  on  the  Q&A  icon   on  your  floa4ng   toolbar  in  the  bo7om   right  corner.   –  Type  in  your  ques4on       in  the  space  at  the   bo7om.       –  Click  on  “Send.”   #WFwebinar
  • 4. Tools You Can Use •  Polling   –  Polling  ques4on  will   appear  in  the  “Polling”   panel.         –  Select  your  response       and  click  on  “Submit.”   #WFwebinar
  • 5. Frequently Asked Questions 1. May I receive a copy of the slides? YES! You  will  receive  a  link  to  today’s  recording  along  with  a   link  to  download  the  slides  shortly  aCer  the  presentaEon   concludes. 2. May I review the webinar recording? YES! You may log in again a link that will be provided in      an email after the event to review the presentation on   demand. #WFwebinar
  • 6. HCM  Trends  2014:  Aligning  for   Business  Results           Max Mihelich Associate Editor Workforce magazine #WFwebinar
  • 7. HCM  Trends  2014:  Aligning  for   Business  Results           Mollie Lombardi Vice President and Principal Analyst, HCM Aberdeen Group #WFwebinar
  • 8. Agenda q  A Critical Eye for Talent q  Developing Next Generation Leaders q  Future-Proof your HR Leadership 8
  • 9. Drawn from our World Class Research Studying hundreds of organizations and their strategies q  Covering a wide variety of industries and geographies q  9
  • 10. 10
  • 11. 11
  • 12. A Critical Eye for Talent 12
  • 13. Strong Businesses Require Strong Talent 13
  • 14. Finding and Growing Talent are Top Pressures Source: Aberdeen Group, HCM Trends 2014, January 2014 14
  • 15. Strategic Talent Acquisition The process of identifying, attracting and onboarding talent in order to drive business performance Employer Branding Sourcing Screening & Assessment Hiring & Onboarding 15
  • 16. Top Pressures in Talent Acquisition Source: Aberdeen Group, Talent Acquisition 2013, August 2013 16
  • 17. It Takes a Village 17
  • 18. Business Leaders Need a Critical Eye on Talent Source: Aberdeen Group, HCM Trends 2014, January 2014 18
  • 19. Manage Risk by Building Talent Pools 19
  • 20. Capabilities Supporting HCM Efforts Source: Aberdeen Group, HCM Trends 2014, January 2014 20
  • 21. Line of Business Accountability Yields Talent Results Source: Aberdeen Group, HCM Trends 2014, January 2014 21
  • 22. In organizations where alignment is a priority, technology adoption is much greater 22
  • 23. Supporting performance and development planning drives employee engagement 23
  • 24. 24
  • 26. The Leadership Shortage Companies say, on average, they are only capable of delivering 2/3 of the leaders the business will require in the next 3-5 years 26
  • 27. Levels with the Biggest Leadership Gaps Source: Aberdeen Group, Accelerating Leadership Development, March2013 27
  • 28. The College Hire Skills Gap 40% of organizations say college hires will require some additional coaching and training 29% say they will have to spend significant time developing their college hires Only 10% indicate that college hires are ready to contribute now Source: Aberdeen Group, Learning 2013, September 2013 28
  • 29. On average, organizations indicate it takes 29 months to develop a high potential mid-level manager into a "ready now" senior leader Source: Aberdeen Group, Accelerating Leadership Development, March2013 29
  • 30. Most valuable for identifying high potentials (1 = not at all valuable and 5 = Most valuable) Best-in-Class All Others Critical thinking / cognitive ability assessments 4.14 3.69 Customer or client feedback Multi-rater / 360-degree assessments Hiring manager or supervisor feedback Skill-based assessments Scenario-based assessments 3.84 3.82 3.71 3.69 3.54 3.70 3.71 3.63 3.36 3.30 Behavioral / personality type assessments 3.52 3.40 Source: Aberdeen Group, Accelerating Leadership Development, March2013 30
  • 31. 31
  • 32. Best-in-Class organizations are more than twice as likely to have a process in place to identify high potential talent Source: Aberdeen Group, Accelerating Leadership Development, March2013 32
  • 33. Groups with Dedicated Leadership Development Programs Source: Aberdeen Group, Accelerating Leadership Development, March2013 33
  • 34. Ownership of Front-line Leadership Development Source: Aberdeen Group, Accelerating Leadership Development, March2013 34
  • 35. Development Must Be a Business Imperative 46% of organizations with above average readiness measure existing leaders on their contribution to the development of other leaders, as compared to just 33% of organizations with below average readiness 35
  • 36. Most Valuable to Accelerating Leadership Development: Mixing Formal and Informal (1 = not at all valuable and 5 = Most valuable) Stretch  assignments  beyond  typical  du4es   Formal  leadership  development  programs   Crea4on  of  individualized  development  plans   Assessments  to  uncover  strengths  and  weaknesses  to   guide  development   Specific  leadership  development  project  assignments   (ac4on  learning)   On  the  job  or  informal  coaching   Coaching  or  mentoring  from  internal  sources     Par4cipa4on  in  special  projects   Formal  high  poten4al  development  programs   Coaching  or  mentoring  from  external  sources   Rota4onal  assignments  in  other  divisions  or  job  roles   Social  learning  through  internal  or  external  online   communi4es   Above  Average   Below  Average   Readiness   Readiness   3.76   3.72   3.70   3.53   3.56   3.64   3.63   3.59   3.61   3.69   3.59   3.59   3.43   3.39   3.38   3.17   3.30   3.34   3.42   3.47   3.40   3.42   2.93   2.89   Source: Aberdeen Group, Accelerating Leadership Development, March2013 36
  • 38. The HR Leader of the Future: Connecting the Business 38
  • 39. The HR Business Partner Continuum Title In Name Only Trusted Advisor Order Taker Influencer No Title No Capability Strong Capability 39
  • 40. HR Leaders Must be Business Leaders Source: Aberdeen Group, HCM Trends 2014, January 2014 40
  • 41. Barriers to Being More Strategic Source: Aberdeen Group, HCM Trends 2012, January 2012 41
  • 43. Can Talent Impact on Business Metrics be Measured? Source: Aberdeen Group, HCM Trends 2012, January 2012 43
  • 44. Integrating Data to Fine Tune the Decision Engine 44
  • 45. Best-in-Class Organizations are q  142% more likely to integrate workforce and talent data q  79% more likely to include employee productivity and performance data in the scheduling process q  45% more likely to integrate workforce management systems with core HR and payroll §  36% more likely to integrate workforce management data with business performance data Source: Aberdeen Group, Human Capital Management Trends 2012, January 2012 45
  • 46. Q&A         Mollie Lombardi Vice President and Principal Analyst, HCM Aberdeen Group mollie.lombardi@aberdeen.com 617-854-5216 #WFwebinar
  • 47. Join our next Webinar! Total Rewards 'State of the Union': Top Trends, Challenges and Recommendations for the Coming Year Wednesday, March 26, 2014         Webinars start at 2pm ET / 11am PT Register for all upcoming Workforce webinars at: www.workforce.com #WFwebinar