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100345062
Presented by :
MR. CIRO FRANCESCO URSELLI
Thesis’ Index
Chapters structure
4. Managers’ skills
3. Main trends
2. Assumptions
1. Introduction
Preamble
Research questions
Structure and objectives of the work
Is HRM actually at risk?
The HR department of today
Analysis of the main social and economic trends
How are these trends going to affect organizations?
How are these trends going to affect the HR department?
HR managers today
HR management tomorrow
Bottom line
5. Interviews
6. Methodology
‘Grounded Theory’
Stages of development
Timetable
How and to what extent main
trends are going to affect
organizing models, tasks and
boundaries of the HR department?
How are HR professional roles
changing and what will be the new
set of knowledge, skills and
abilities required to comply with
new mission?
Professionals’ point of view
Social and economic context
Volatility and innovation
1. Introduction
mind the
GAP!
1. Introduction
… The good news is it will be re-born
as something more important if we work together
towards real change.”
(Averbook, 2014)
“HR as we see it today is going to die.
A lot of what we can do will be automated
in the future…
2. Assumptions
The crossroad:
2. Assumptions
‘Reinventing HR: An extreme makeover’ Mazor et al. (2015) – pg.61
How is HR doing?
‘Impact of People Management Practices on Business Performance’ Patterson et al. (2003)
2. Assumptions
Relevance of the topic:
3. Main trends
Analysis of three macro-trends
Change has historically been a constant
both in the social and in the economic
world. Thus in last years it has struck us
with an extraordinary speed and
strength. Compared to the Industrial
Revolution of the late 18th century,
researches estimated that
‘this change is happening
10 times faster,
at 300times the scale, or
roughly 3000 times the impact’
(Dobbs, Manyika, and Woetzel 2015)
Globalization
Technology
Workforce
Diversity
3. Main trends
Trends and society
‘No ordinary disruption: The four global forces breaking all the trends’ Dye R., Manyika J. (2015)
- Single, unique market
- Foreign Direct
Investments
- Homogeneization
Globalization
3. Main trends
Trends and society
‘No ordinary disruption: The four global forces breaking all the trends’ Dye R., Manyika J. (2015)
- Different generations
- Demographic changes
- Skills mismatch
- Diversify and balance
Workforce Diversity
3. Main trends
Trends and society
‘No ordinary disruption: The four global forces breaking all the trends’ Dye R., Manyika J. (2015)
- Instant connections
- Information flow
- Processing power
- Adoption rate
Technology
3. Main trends
Trends and organizations
Massive shift in the locus of
economic activity
Just in the early 2000, 475 of the 500
largest international companies
according to Fortune were
headquartered in developed countries;
by 2025, researchers state that almost
half of those largest companies will be
headquartered in today’s emerging
markets (Dobbs et al. 2015).
Contribution to the GWP
Nearly half of the GWP growth between
2010 and 2025 will come from these
emerging countries (Dobbs et al. 2015).
Global talent map loses its
borders
The entire world will be a provider of
customers and workers in a gradually
more equivalent way.
Organizational redesign
International > Multinational > Global >
Glocal
3. Main trends
Trends and HR
Globalization and Workforce diversity
Extended Workforce
While in 1989 contingent workers
represented only 6 percent of the labor
force in the US, in early 2011 they
already constituted 31 percent of the
total workforce for the same country
(Mantell 2011). The classical ‘buy’ vs
‘build’ dilemma should integrate an
increasingly more significant ‘borrow’
alternative. Extend traditional HR
practices also to contingent workers
Global talent pool
- Use of analytics (to become expert
advisors on the global talent map)
- Global talent acquisition
- Global talent mobility
- Global leadership development
- Global virtual teams
Customization
Similarly to what happened to the
marketing function with the adoption of
customization, HR could fit more
incisively in the top layers of strategic
planning. Flexibility and user-friendliness.
Culture
Balance societal and organizational
cultures and, at the same time, fostering
diversity.
Skills shortfall
As much as 35% of organizations
worldwide are having difficulty in filling
strategic positions, and 73% of them,
lament lack of experience, abilities or
knowledge as the main impediment to
employing needed talent
(ManpowerGroup 2013). Baby boomers
retirement. Demand-side fulfillment
through “JIT” workforce.
3. Main trends
Trends and HR
Technology
Big Data & Analytics
Virtually every activity we do has started
being datafied.
Datafication of HR is strongly challenging
most of the main processes of the
department itself, creating new roles and
automatizing some others.
Google was one of the pioneer in People
Analytics management, investing lot of
economic and non-economic resources in
managing data. HR decisions at Google
are entirely taken by their powerful
‘People Analytics Team’.
Partnering with marketing could be a
good start since this function has already
multi-year experience on monitoring,
leveraging and managing external data.
Social Networks
Daily-based activity for 2.3 billion people.
Two main reasons for which social is
eroding the traditional values of
recruiting: talents can easily evaluate,
compare and find the best offer for
themselves and companies have access
to a network of industries and talent,
with a global quick reach. LinkedIn, the
most renowned professional social
network, in about 15 years since its
creation, now counts more than 450
million of users, and more than 93% of
companies using it for hiring.
Artificial Intelligence
During the recent years, AIs technology
completely exploded, due to smarter
applications and most of all to the
adoption of Deep Learning technologies.
Investments on AI companies in 2015
have been ten times higher than
investments in 2010.
4. Managers’ skills
Business Competencies:
 Industry knowledge
 Competitor understanding
 Financial understanding
 Global perspective/knowledge
 Strategic analysis
 Multiple stakeholder sensitivity
Leadership Competencies:
 Strategic visioning:
 Managing cultural diversity
 Creator of learning culture
 Planning and decision making
skills
 Value shaper
 Change and Knowledge
Management Competencies:
 Network building
 HR Alignment
 Managing learning and
knowledge transfer
 Consulting / Influencing
 Group / Process Facilitation
Technical Competencies:
 Staffing
 Performance Management
 Remuneration / Reward Systems
 Employee Relations
 Succession Planning
 Union Relations
 Diversity Management
Assessing KSAs
Today
4. Managers’ skills
Assessing KSAs
Tomorrow
Strategic thinking
People Analytics
Scenario-modeling
Mentoring
Negotiation
Marketing skills
Social Networking
Financial hints
Organizational design
Decision-making
International experience
Programming‘The Role and Future of HR: The CEO’s Perspective’ Balthazard (2011)
“The corporation of the future will be made up of
one employee and a dog:
The employee is there to monitor the machines…
…and the dog is there to make sure s/he doesn’t
touch anything.”
(J.S. Brown, 1997)
100345062
CIRO FRANCESCO URSELLI

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THESIS DEFENSE

  • 1. 100345062 Presented by : MR. CIRO FRANCESCO URSELLI
  • 2. Thesis’ Index Chapters structure 4. Managers’ skills 3. Main trends 2. Assumptions 1. Introduction Preamble Research questions Structure and objectives of the work Is HRM actually at risk? The HR department of today Analysis of the main social and economic trends How are these trends going to affect organizations? How are these trends going to affect the HR department? HR managers today HR management tomorrow Bottom line 5. Interviews 6. Methodology ‘Grounded Theory’ Stages of development Timetable How and to what extent main trends are going to affect organizing models, tasks and boundaries of the HR department? How are HR professional roles changing and what will be the new set of knowledge, skills and abilities required to comply with new mission? Professionals’ point of view
  • 3. Social and economic context Volatility and innovation 1. Introduction
  • 5. … The good news is it will be re-born as something more important if we work together towards real change.” (Averbook, 2014) “HR as we see it today is going to die. A lot of what we can do will be automated in the future… 2. Assumptions The crossroad:
  • 6. 2. Assumptions ‘Reinventing HR: An extreme makeover’ Mazor et al. (2015) – pg.61 How is HR doing?
  • 7. ‘Impact of People Management Practices on Business Performance’ Patterson et al. (2003) 2. Assumptions Relevance of the topic:
  • 8. 3. Main trends Analysis of three macro-trends Change has historically been a constant both in the social and in the economic world. Thus in last years it has struck us with an extraordinary speed and strength. Compared to the Industrial Revolution of the late 18th century, researches estimated that ‘this change is happening 10 times faster, at 300times the scale, or roughly 3000 times the impact’ (Dobbs, Manyika, and Woetzel 2015) Globalization Technology Workforce Diversity
  • 9. 3. Main trends Trends and society ‘No ordinary disruption: The four global forces breaking all the trends’ Dye R., Manyika J. (2015) - Single, unique market - Foreign Direct Investments - Homogeneization Globalization
  • 10. 3. Main trends Trends and society ‘No ordinary disruption: The four global forces breaking all the trends’ Dye R., Manyika J. (2015) - Different generations - Demographic changes - Skills mismatch - Diversify and balance Workforce Diversity
  • 11. 3. Main trends Trends and society ‘No ordinary disruption: The four global forces breaking all the trends’ Dye R., Manyika J. (2015) - Instant connections - Information flow - Processing power - Adoption rate Technology
  • 12. 3. Main trends Trends and organizations Massive shift in the locus of economic activity Just in the early 2000, 475 of the 500 largest international companies according to Fortune were headquartered in developed countries; by 2025, researchers state that almost half of those largest companies will be headquartered in today’s emerging markets (Dobbs et al. 2015). Contribution to the GWP Nearly half of the GWP growth between 2010 and 2025 will come from these emerging countries (Dobbs et al. 2015). Global talent map loses its borders The entire world will be a provider of customers and workers in a gradually more equivalent way. Organizational redesign International > Multinational > Global > Glocal
  • 13. 3. Main trends Trends and HR Globalization and Workforce diversity Extended Workforce While in 1989 contingent workers represented only 6 percent of the labor force in the US, in early 2011 they already constituted 31 percent of the total workforce for the same country (Mantell 2011). The classical ‘buy’ vs ‘build’ dilemma should integrate an increasingly more significant ‘borrow’ alternative. Extend traditional HR practices also to contingent workers Global talent pool - Use of analytics (to become expert advisors on the global talent map) - Global talent acquisition - Global talent mobility - Global leadership development - Global virtual teams Customization Similarly to what happened to the marketing function with the adoption of customization, HR could fit more incisively in the top layers of strategic planning. Flexibility and user-friendliness. Culture Balance societal and organizational cultures and, at the same time, fostering diversity. Skills shortfall As much as 35% of organizations worldwide are having difficulty in filling strategic positions, and 73% of them, lament lack of experience, abilities or knowledge as the main impediment to employing needed talent (ManpowerGroup 2013). Baby boomers retirement. Demand-side fulfillment through “JIT” workforce.
  • 14. 3. Main trends Trends and HR Technology Big Data & Analytics Virtually every activity we do has started being datafied. Datafication of HR is strongly challenging most of the main processes of the department itself, creating new roles and automatizing some others. Google was one of the pioneer in People Analytics management, investing lot of economic and non-economic resources in managing data. HR decisions at Google are entirely taken by their powerful ‘People Analytics Team’. Partnering with marketing could be a good start since this function has already multi-year experience on monitoring, leveraging and managing external data. Social Networks Daily-based activity for 2.3 billion people. Two main reasons for which social is eroding the traditional values of recruiting: talents can easily evaluate, compare and find the best offer for themselves and companies have access to a network of industries and talent, with a global quick reach. LinkedIn, the most renowned professional social network, in about 15 years since its creation, now counts more than 450 million of users, and more than 93% of companies using it for hiring. Artificial Intelligence During the recent years, AIs technology completely exploded, due to smarter applications and most of all to the adoption of Deep Learning technologies. Investments on AI companies in 2015 have been ten times higher than investments in 2010.
  • 15. 4. Managers’ skills Business Competencies:  Industry knowledge  Competitor understanding  Financial understanding  Global perspective/knowledge  Strategic analysis  Multiple stakeholder sensitivity Leadership Competencies:  Strategic visioning:  Managing cultural diversity  Creator of learning culture  Planning and decision making skills  Value shaper  Change and Knowledge Management Competencies:  Network building  HR Alignment  Managing learning and knowledge transfer  Consulting / Influencing  Group / Process Facilitation Technical Competencies:  Staffing  Performance Management  Remuneration / Reward Systems  Employee Relations  Succession Planning  Union Relations  Diversity Management Assessing KSAs Today
  • 16. 4. Managers’ skills Assessing KSAs Tomorrow Strategic thinking People Analytics Scenario-modeling Mentoring Negotiation Marketing skills Social Networking Financial hints Organizational design Decision-making International experience Programming‘The Role and Future of HR: The CEO’s Perspective’ Balthazard (2011)
  • 17. “The corporation of the future will be made up of one employee and a dog: The employee is there to monitor the machines…
  • 18. …and the dog is there to make sure s/he doesn’t touch anything.” (J.S. Brown, 1997)