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Insights 2012

Naveen Kumar- Co Founder
rFactorConsultants
Reading the Signs
         HR leaders are discovering that Technology savvy
         and Analytical skills are key to effective talent
         management.

         Globally, mobile data traffic grew 2.3-fold in 2011,
         more than doubling for the fourth year in a row.

         By 2016, there will be 1.4 mobile devices per capita
         — that’s more than 10 billion, which will exceed the
         world’s estimated population at that time of 7.3
         billion ~ Cisco’s “Visual Networking Index: Global Mobile Data
         Traffic Forecast Update
Identifying the Shift

           The days of pen, paper and spreadsheets are
           practically history.

           HR has moved from focusing on efficiency to
           effectiveness.

           The immediate and long-term cost-effectiveness of
           HR technology becomes crucial during a downturn,
           and numbers are showing that CEO/ CHROs at
           organizations of all sizes, in all locations and in all
           industries are realizing this.
Asking the right Questions

          Traditionally - this does not work in our soft areas ?
          Are you sure ? Ask again

          By streamlining constant feedback between
          manager and employee, technology can make
          communication more efficient and improve
          companywide performance immediately.

          When was the last time you used the result of a
          performance review to improve performance ?
The new HR Playground

         Findings from the 10th Annual Source of Hiring
         report revealed that 39 percent of firms manage
         prospects and candidates through social media tools.

         Yammer, LinkedIn, Facebook and Twitter provide
         effective venues for associates to connect and create
         compelling environments of informal learning.

         Are you playing enough ?
Where are you Playing Now ?

         By adopting Mobile technology for HR processes,
         employers can boost service levels, employee
         satisfaction and productivity rather than dealing with
         administrative frustrations.

         We had customization in the past, but Mobility is
         leading to Personalization.

         You build Brand Loyalty by being relevant to
         employees’ Lifestyle.

         Are you still old fashioned ?
Technology is No Panacea

          HR Managers have to work hard to make sure all
          new technology is intuitive.

          After all technology is only a tool, not an end in
          itself.

          We need to spend a lot more time than we already
          do talking to our employees about how these tools
          can and should be used.

          Remember this - Most busy employees don’t have
          the time or attention to learn new software.
Heard this “Singularity”

          The next innovation is the combination of the
          technology with human intelligence, analysis and
          insight

          We are fast approaching a golden age in human evolution
          when our intelligence, aided by technology, will surpass
          biological limits and spark the beginning of a new era where
          progress will be so fast our primitive lizard brains will be
          unable to follow it

          Year 2045 - the non biological intelligence created in that year
          will be 1 billion times more powerful than all human
          intelligence today ~ Futurist and author Ray Kurzweil

          How about TM Singularity ?
HR New Toy

       “HR will discover that analytics are a key tool for
       solving the garbage in, garbage out problem in talent
       management, and emerging technologies around
       mobile, social and analytics — delivered in the
       cloud — will become tools the HR professional uses
       to instil culture, drive change and facilitate work in
       the organization.”
Where is HR Headed

         As tech suites mature, H R Managers do have the
         opportunity to move up the value chain from
         delivering services – filling open positions
         efficiently, administering employee training globally
         – to enabling better business decision-making at the
         macro level

         USC’s John Boudreau called it evidence-based
         HR practice

         Jackie Orme of the U.K.’s Chartered Institute for
         Personnel and Development calls it insight-led HR
HR New Role

        “HR will discover that analytics are a key tool for
        solving the garbage in, garbage out problem in talent
        management, and emerging technologies around
        mobile, social and analytics — delivered in the
        cloud — will become tools the HR professional uses
        to instil culture, drive change and facilitate work in
        the organization.”
Why us ?

  rFactorConsultants has been a pioneer in the area of integrated Talent Management
 Advisory Services. While some firms have only begun work in this field, we have been
 partnering with many MNCs and Indian Firms in designing “best in class” HR Practices

 Operating with resources drawn in from various domains which include Behavioural
 Science, Learning & Development and Human Resources,we have built an enviable
 reputation in delivering to the Client’s expectations, for assignments, ranging in Action
 Learning Teams, Leadership Development Seminars, Executive Coaching,
 Psychometric and 360 Degree Assessment, Feedback and Development Planning,
 Mentoring Programme, Succession Planning , Corporate Training , Education Solutions
 and L&D consulting services .

 Our services & solutions are designed with the philosophy that every organization has a different
 learning need. We analyse our client’s requirements and suggest a methodology that delivers
 results. Our focus is always on achieving Business ROI for our Clients.

 For more details do visit www.rfactorconsultants.com or write to aveen.kumar@rfactorconsultants.com

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Nk consulting series 2.2

  • 1. Insights 2012 Naveen Kumar- Co Founder rFactorConsultants
  • 2. Reading the Signs HR leaders are discovering that Technology savvy and Analytical skills are key to effective talent management. Globally, mobile data traffic grew 2.3-fold in 2011, more than doubling for the fourth year in a row. By 2016, there will be 1.4 mobile devices per capita — that’s more than 10 billion, which will exceed the world’s estimated population at that time of 7.3 billion ~ Cisco’s “Visual Networking Index: Global Mobile Data Traffic Forecast Update
  • 3. Identifying the Shift The days of pen, paper and spreadsheets are practically history. HR has moved from focusing on efficiency to effectiveness. The immediate and long-term cost-effectiveness of HR technology becomes crucial during a downturn, and numbers are showing that CEO/ CHROs at organizations of all sizes, in all locations and in all industries are realizing this.
  • 4. Asking the right Questions Traditionally - this does not work in our soft areas ? Are you sure ? Ask again By streamlining constant feedback between manager and employee, technology can make communication more efficient and improve companywide performance immediately. When was the last time you used the result of a performance review to improve performance ?
  • 5. The new HR Playground Findings from the 10th Annual Source of Hiring report revealed that 39 percent of firms manage prospects and candidates through social media tools. Yammer, LinkedIn, Facebook and Twitter provide effective venues for associates to connect and create compelling environments of informal learning. Are you playing enough ?
  • 6. Where are you Playing Now ? By adopting Mobile technology for HR processes, employers can boost service levels, employee satisfaction and productivity rather than dealing with administrative frustrations. We had customization in the past, but Mobility is leading to Personalization. You build Brand Loyalty by being relevant to employees’ Lifestyle. Are you still old fashioned ?
  • 7. Technology is No Panacea HR Managers have to work hard to make sure all new technology is intuitive. After all technology is only a tool, not an end in itself. We need to spend a lot more time than we already do talking to our employees about how these tools can and should be used. Remember this - Most busy employees don’t have the time or attention to learn new software.
  • 8. Heard this “Singularity” The next innovation is the combination of the technology with human intelligence, analysis and insight We are fast approaching a golden age in human evolution when our intelligence, aided by technology, will surpass biological limits and spark the beginning of a new era where progress will be so fast our primitive lizard brains will be unable to follow it Year 2045 - the non biological intelligence created in that year will be 1 billion times more powerful than all human intelligence today ~ Futurist and author Ray Kurzweil How about TM Singularity ?
  • 9. HR New Toy “HR will discover that analytics are a key tool for solving the garbage in, garbage out problem in talent management, and emerging technologies around mobile, social and analytics — delivered in the cloud — will become tools the HR professional uses to instil culture, drive change and facilitate work in the organization.”
  • 10. Where is HR Headed As tech suites mature, H R Managers do have the opportunity to move up the value chain from delivering services – filling open positions efficiently, administering employee training globally – to enabling better business decision-making at the macro level USC’s John Boudreau called it evidence-based HR practice Jackie Orme of the U.K.’s Chartered Institute for Personnel and Development calls it insight-led HR
  • 11. HR New Role “HR will discover that analytics are a key tool for solving the garbage in, garbage out problem in talent management, and emerging technologies around mobile, social and analytics — delivered in the cloud — will become tools the HR professional uses to instil culture, drive change and facilitate work in the organization.”
  • 12. Why us ? rFactorConsultants has been a pioneer in the area of integrated Talent Management Advisory Services. While some firms have only begun work in this field, we have been partnering with many MNCs and Indian Firms in designing “best in class” HR Practices Operating with resources drawn in from various domains which include Behavioural Science, Learning & Development and Human Resources,we have built an enviable reputation in delivering to the Client’s expectations, for assignments, ranging in Action Learning Teams, Leadership Development Seminars, Executive Coaching, Psychometric and 360 Degree Assessment, Feedback and Development Planning, Mentoring Programme, Succession Planning , Corporate Training , Education Solutions and L&D consulting services . Our services & solutions are designed with the philosophy that every organization has a different learning need. We analyse our client’s requirements and suggest a methodology that delivers results. Our focus is always on achieving Business ROI for our Clients. For more details do visit www.rfactorconsultants.com or write to aveen.kumar@rfactorconsultants.com