News: HR needs to break out of its comfort zone, warns report
Too many HR professionals are struggling to meet the needs of a constantly changing global business environment and feel themselves paralysed in the face of seemingly monumental challenges, research has warned.
- Anticipate and plan ahead for tomorrow’s talent requirements: The rising number of highly-connected Millennials and the growing use of virtual offices meant that the workplace of the future would look very different from today.
- Ensure that you have a steady and reliable pipeline of skilled workers for now and leaders for tomorrow: The talent war is still on-going, driven by relatively high growth rates in emerging markets and a mismatch between jobs and workers’ skills in most regions of the world.
- Develop strategies to help motivate your staff about what they do and the organisation they work for: An engaged workforce is more likely to stay put and make a positive contribution, thus boosting financial performance.
- Ensure that HR was able to adapt more quickly than the wider organisation: Organisational agility is vital in today’s volatile business environment. A study from MIT indicates that so-called ‘agile organisations’ see their sales and profits grow 37% and 30% faster respectively than rivals that are unable to move as fast.