Knowledge Infuser
5 Posts tagged with the future tagTopic of the Day: Will HR and Talent Management Software Ever Be Free?
Posted by Jason Averbook May 5, 2008
At Knowledge Infusion one of our main goals is to continue to transform the HCM and Talent Management community to be prepared for a continually changing workforce and everchanging economy. One of our friends and futurist, Jim Carroll has an interesting article in CA magazine that we had to link to today.
Jim does a great job in this article coining a phrase "Gen-Connect", a phrase I believe is perfect for the upcoming entrants into the workforce and will be a true challenge for HR and Talent Management vendors to step up their game and embed collaborative technologies into their solutions.
Jim points out some very interesting statistics that are very important for any organization doing anything with talent management strategy today.
More than 50% of US graduates believe self-employment is more secure than a full-time job.
Nine out of 10 Gen Y staff within a customer-service-focused industry indicated that they planned on
leaving their current position within two years.By 2010, 60% of US engineers will be contingent workers, i.e., contract workers or self-employed.
In 2010, three people will leave the workforce for every person who enters it; by 2012, four will leave.
By 2016, six people will leave for every new worker that joins.An Irish survey indicates 67% of people are already looking for a new job on their first day on a new
job.
These statistics once again are not meant to scare, but to make sure you are ready. This is like Y2K or as Knowledge Infusion has coined "Y2K+10" - The Upcoming Talent Tsunami.
I love Jim's quote:
“Organizations that can
attract, engage, retain and +amuse +an increasingly complex workforce will be the ones who find success in the
rapidly evolving global economy.”
As an HR function, are you prepared to amuse since this is what this generation of worker will be looking for? Hmmm. Can you say Social Networking?
Take a read of Jim's article and be sure to include it in the thinking behind your early 08 strategy planning as we do everyday.
Another infusion of knowledge...
Link to Jim Carroll's article in CA magazine
Knowledge Infusion works daily with organizations of all shapes and sizes. One thing that is consistent is that each organization has a bit different expectation of the IT (Information Technology) organization.
Today's world of IT has changed drastically but it is caught in the middle of an identity crisis. IT is called to help with:
How to do a conference call on your phone
How to get rid of pop ups
How to customize your ERP application to look prettier
How to negotiate better prices and beat up vendors
How to install a new version of Solitaire
How to make your computer email work with your phone
How to connect to a wireless network
How to print
All of these things are critical functions that need to happen within the walls of an enterprise, but where do IT people come from? The answer, they are coming from different places tomorrow with different skills and different attitudes than those who are in IT today. Lets call them the "New Generation of IT)
Here is a good article from believe it or not, PC World Australia that talks about the future employee in the IT organization.
A few highlights to note:
"I've known ever since I was 17 that IT is for me," says Lee. "Most
people assume that IT people are stuck in front of a computer the
entire time, coding away. They don't understand that that's only one
small component to our tool set -- our role is so much broader than
that."Certainly, when it comes to considering a career in technology,
Generation Y is more jaded than generations past. The number of
freshmen pursuing a computer science track has fallen by 70 percent
since 2000, according to the Computing Research Association. The
reasons are myriad.Outsourcing
Work/Life Balance
Think everyone knows technology, so not worthy of a career
Take a read. HR needs IT and IT needs HR. Together, a HR/Talent Management technology strategy can be born and executed; without the partnership - very hard to get out of the starting blocks. Take some time to learn about each other and how you think; success is not that far away.
Another infusion of knowledge...
Knowledge Infusion continually works with enterprise clients and vendors to ensure that their long-term HR, Human Capital Management and Talent Management strategies align to that of the workforce of the future.
A great interview with Malcolm Gladwell is linked to below. A few highlights:
"It's going to come from creating a more thoughtful work force and giving people the opportunity to be thoughtful."
We know with absolute certainty that the cognitive demands of the
workplace will be greater, not less; we know that Western industrial
nations are unlikely to be regaining manufacturing jobs.We will require, from a larger and larger percentage of our work force,
the ability to engage in relatively complicated analytical and
cognitive tasks. So it's not that we're going to need more geniuses,
but the 50th percentile is going to have to be better educated than
they are now.Trying to find a qualified person is going to be tougher in the next 10
years for most sophisticated businesses than it has ever been. This is
not a problem that's going away, it's one that's going to get worse.The competitiveness of any organization is so dependent on the quality
of the work force, and it would be so much easier for us to improve
public education if corporations publicly and loudly lined up behind
the public school system.
This is a great interview with Gladwell. Be sure to take a read and understand that each of his points tie back to key themes in an overall HR and HR technology strategy.
Another infusion of knowledge...
