Friday, January 29, 2016

HR SPECIAL...................Talent Buzzwords 2016

Talent Buzzwords 2016


Digital will rule when it comes to managing talent. Performance accountability will increase with differentiation between the top talent and rest of the employees continuing to rise. Four HR leaders talk about the buzz that will get stronger in the coming months

ANURANJITA KUMAR CHIEF HUMAN RESOURCES OFFICER, CITI SOUTH ASIA
HR To Go Digital
Expect digitisation to continue to be a key disruptor in 2016, with enterprises leveraging the integration of big data, cloud computing, mobile and smart technology.HR has witnessed exponential progress in the use of technology.Mobile applications and social networking platforms for recruiting, virtual interviews and employee social networks, as well as predictive analytics and crowd learning together form the new norm. HR professionals will embrace technology and leverage data-driven decision-making to redefine talent management, employee engagement and people policies.HR big data capabilities will become more intrinsic to the function and technology will enable employee and business interactions, driving an overall culture shift.As digitisation and analytics become more fundamental to business advisory, resulting in innovative and agile people management practices to stay competitive, HR will have truly gone digital.

ABHIJIT BHADURI CHIEF LEARNING OFFICER, WIPRO
Learning Agility to Rule
Digital disruptions are generating new approaches to hiring. Roles change constantly. So employers will increasingly use programme hiring, with people being hired for qualities like learning agility or ability to deal with ambiguity, rather than to fill specific vacancies.Fungibility of talent will matter.Differentiation between top talent and the rest of the employees will rise.Specialists and those with niche tech skills will be chased by employers across sectors. Leaders will be outstanding shapers of talent.Expect to see more variants of employment contracts beyond permanent, temporary, part-time and contractual, and covering even senior-level roles. This will lead to employers taking a broader view of talent.In digital organisations, collaboration is a much soughtafter competence. Hence performance management will increasingly incorporate peer feedback to identify leaders who can work seamlessly across the organisation.

PIYUSH MEHTA CHRO, GENPACT
Workplaces will Transform
2016 will see the workplace transforming itself to meet the needs of the current workforce, which is multi-generational, with the majority falling in the millennial bracket. Genpact is seeing a similar pattern as we craft the people strategy for the next couple of years.This means that workplace design will be driven by the innovation and collaboration agenda, in addition to addressing workforce needs of informality, flexibility and sociability. Technology may be the medium, but the outcome will be towards creating a space that connects people across diverse backgrounds and skillsets to work as a cohesive unit. Social media and mobile will become as enabling as email.Partnerships and extended ecosystem alliances will change the way talent is sourced (talent-on-tap, contingent workforce forums, open recruiter networks), developed (rapid reskilling and reinforcement) and engaged (diverse career opportunities provided across the ecosystem).

K RAMKUMAR EXECUTIVE DIRECTOR, ICICI BANK
Make, Not Buy, Talent
We will realise that with minimal investment in skilling and some patience in not demanding immediate results, we will unearth loads of talented young people in India. “Make, not buy“ will be the buzzword.Another new buzz phrase is going to be `performance accountability at all levels'. This will help restore credibility to the performance management process. More and more boards will spend time ensuring that the CEOs and their senior teams are held as much accountable for performance as the coal face employee. The demand for leveraging technology to deliver `just-intime performance support' will grow. Enlightened organisations will see that there is greater value in doing this than being solely dependant on incentives and the threat of sacking.The hope is that leaders will realise that nurturance and not process and analytics releases human ability. This realisation will in turn help HR fearlessly play the role of culture shapers and not process enforcers.

ET11JAN16

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