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Rethinking Human Resources in a Changing World

Topic:
Rethinking Human Resources in a Changing World
Date:
March 26, 2013 at 1:00 - 2:00 PM ET
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Description
A new study from KPMG International shows that the “war for talent” is crucial to almost every business in today’s competitive global markets. However, the Human Resources function is often viewed as being non-essential or ineffective.

In the last several years, there has been a preoccupation with cost optimization, cost reduction, sustainable cost management - all things ‘cost’. This has required HR to play its part, largely through making the HR function more efficient, but not necessarily more effective.
With this relentless focus on costs, the problem has been that many HR functions have lost sight of how they can generate value in the wider business. This is a significant issue given that the people agenda in most organizations contains some truly business-critical issues and challenges, such as:

•       the war for recruitment and retention of “top talent”
•       the engagement of a global workforce operating within a much more fluid environment
•       the smart use of technology to support both the business and its employees
•       drawing predictive insights from complex sources of data to ensure the agility of the organization
•       ensuring the people profile matches the value drivers of the business

To probe more deeply into these challenges, as well as the opportunities for the HR function to change the dynamics of its relationship with the business, KPMG International commissioned the Economist Intelligence Unit to conduct a study of over 400 executives across the globe. Rethinking Human Resources in a Changing World provides a fresh view of the path forward for leaders of the HR function.

Who Should Participate
All HR executives, all Senior level executives
Extra Learning Material

All Registered HR.com members are also eligible for:

  1. A copy of the slides presented in this presentation. These are available before and after the presentation.
  2. A Real Media file of the presentation. This file can be downloaded to your iPod or MP3 player after the presentation.
  3. Access to more than 400 podcasts with HR Gurus and Industry Leaders (downloadable files available 24 hours after the live broadcast) as well as access to our blogs, polls, surveys, 25,000+ article library, Business Book Reviews and so much more!
Recommended Resources
www.KPMG.com/HRTransformation
Categories
Human Resources Management
Workforce Management (Time & Attendance)
Organizational Development
Strategic HR
International and Global HR
Integrated Talent Management
What You Will Learn
The Human Resources function currently faces pressing, interconnected challenges. The challenges for HR range from adjusting to the demands of a globalized workforce, through negotiating cost constraints, to taking advantage of new technologies. At the same time, HR’s potential strategic value is under-appreciated. In order to emerge stronger from its current struggles - stronger and better able to add value - executives must recognize and implement three concurrent changes to the HR function:
  • Who HR manages: HR needs to engage with the flexible, often virtual workforce that companies are increasingly implementing, while remaining current with a core of permanent employees. Ironically, this may involve stepping back and providing tools for line managers, or even employees themselves, to take on traditional HR functions.
  • How HR carries out its role: Web and mobile technology have already created substantial improvements in HR’s performance. Data analytics should enhance HR strategy the way the web improved administrative tasks, providing improved data to enable HR to contribute more valuable insights into the business.
  • HR’s role within the organization: The changes HR is undergoing may well lead to the function becoming more of a partner that assists others who focus on individual employees, while focusing on higher-value tasks than in the past. Ultimately, HR should make clearer to the company the value that it can provide, thereby giving it a higher profile and a more strategic role.
  • We believe that if HR truly wants to add business value and enhance its reputation, it must push well beyond the basics and shift its focus to understand the most critical roles and levers in an organization’s value chain.
Sponsored by
KPMG International
KPMG International
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Presented by
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speaker spacer
Paulette Welsing
KPMG International

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Documents

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