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The Staffing Equation:
Strategies to Address Key Workforce Risks
and Close the Capability Gap




                            Presented by Paul Wood
                             OPRA Consulting Group
Agenda
• The Latest Trends & What will shape the next 3-5 years
• Recruitment Trends: Talent will be available
  ▫ Strategy 1: Know what you are looking for and how to attract it
• Training Trends: Diverse resources
  ▫ Strategy 2: Be flexible
• Retention Trends: Focus on talent management
  ▫ Strategy 3: Move with the times
• Leadership and Management
  ▫ Staying ahead of the game (it’s changed!)
• Human Capital Management Systems
  ▫ The move towards integrated data
The Latest Trends
• Employers:
 ▫ Pessimistic

 ▫ Salary/hiring freezes

• Employees:
 ▫ 64% of New Zealanders intend changing organisations
   within the next year
   (Kelly Global Workforce Index, 30th January 2010)

 ▫ The best talent is often the most mobile
What will shape the next 3-5 years in the
Staffing market?
• Ability to attract the best staff
  ▫ Employment branding/signature
     Who are you?
     What is it you offer?
     What makes you different?

• Ability to retain the best staff
  ▫ Career Development: Source of dissatisfaction for 55%
    of New Zealanders (Kelly Global Workforce Index)
  ▫ Technology Driven Flexibility: The changing nature of
    where and when people work
Recruitment Trends:
Talent will be available
Strategy 1:
Know what are you looking for and how to
attract it
 • The key to successful hiring is knowing:
   ▫ Knowledge of role success factors
   ▫ Understanding person-organisation / culture fit
   ▫ Attracting top talent at any level of your organisation

         Remember to recruit strategically
      concentrating on Person/Organisation Fit

      In the ever increasingly competitive marketplace
organisations can no longer afford not to have the best talent
Application of Strategy 1:
Understanding role success factors and
organisational culture

Ernst & Young:
• Job analyses and culture surveys
• Technical and core competencies
• Potential, performance and values
Application of Strategy 1:
Technology Driven

Ernst & Young:
  ▫ Pandora Channel
  ▫ Careers Facebook
    page
  ▫ Facebook Application
  ▫ Online tools
  ▫ Virtual tour of
    workspaces
Training Trends:
Diverse Resources
Strategy 2:
Be Flexible
• Good training will:
  ▫   Involve blended learning
  ▫   Contain formal and informal components
  ▫   Focus on specific needs
  ▫   Be ongoing
  ▫   Clearly link to career development

• Flexibility is crucial!

 Different information - different mediums, different people -
                   different learning styles!
Application of Strategy 2:
Maximise available resources

• Employee Access and Awareness
Retention Trends:
Focus on Talent Management
Strategy 3:
Move with the times
 • 80% of New Zealanders say mobile communication
   technology has boosted personal productivity.
 • 76% say the ability to be in constant contact with the office is
   a positive development, despite more than a third now
   working longer hours!
 • 89% view telecommuting, or
   working from home/remotely as
   positive.
Employers embracing technological
enhancements likely to increase
productivity and be seen as
employers of choice
Application of Strategy 3:
Flexibility Across Common Dimensions

Deloitte Product:
 ▫ Generational
   Differences
 ▫ Undulating Journey
 ▫ Multiple Streams
 ▫ Empowerment
Leadership and Management:
Staying ahead of the game (it’s changed)

• Reducing Paternalism
• Coaching not commanding
• Nurturing autonomy
• Generating loyalty and Morale
• Tomorrow has arrived


       People join organisations and leave managers!
Human Management Capital Systems:
The move towards integrated data

                                   Recruitment
 • A Holistic Approach
 • Long-Term Solutions

                            Exit                 Performance


Avoid being data rich and
   information poor!
                                     Culture
Where we are at and where we are moving
 towards
 • This is where IT & HR meet and both have a critical part to
   play
 • OracleHCM article (Livingstone, Richey & Kirsanoff, 2010):
    ▫ Hold all your people data in one place
    ▫ System needs to have capability to cover the entire employee
      life-cycle
    ▫ Whole organisation working as “one talent management
      team”

   “Integration of talent management processes, systems and data (this is key!)”
  “You need integrated processes with an application/infrastructure backbone to
support them. While the CIO may have a systems focus with a lack of sympathy for
 HR needs, his/her demands actually will enable HR to gain better process focus.”
Summary
• Recruitment Trends: Talent will be available
  ▫ Know what you are looking for and how to attract it
     Technology driven and proactive

• Training Trends: Diverse Resources
  ▫ Be flexible
      Maximise available resources

• Retention Trends: Focus on Talent Management
  ▫ Move with the times
      Flexibility across common dimensions
  ▫ Maximising leadership while reducing management

• Human Management Capital Systems
  ▫ Holistic and Integrated

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The Staffing Equation Strategies

  • 1. The Staffing Equation: Strategies to Address Key Workforce Risks and Close the Capability Gap Presented by Paul Wood OPRA Consulting Group
  • 2. Agenda • The Latest Trends & What will shape the next 3-5 years • Recruitment Trends: Talent will be available ▫ Strategy 1: Know what you are looking for and how to attract it • Training Trends: Diverse resources ▫ Strategy 2: Be flexible • Retention Trends: Focus on talent management ▫ Strategy 3: Move with the times • Leadership and Management ▫ Staying ahead of the game (it’s changed!) • Human Capital Management Systems ▫ The move towards integrated data
  • 3. The Latest Trends • Employers: ▫ Pessimistic ▫ Salary/hiring freezes • Employees: ▫ 64% of New Zealanders intend changing organisations within the next year (Kelly Global Workforce Index, 30th January 2010) ▫ The best talent is often the most mobile
  • 4. What will shape the next 3-5 years in the Staffing market? • Ability to attract the best staff ▫ Employment branding/signature  Who are you?  What is it you offer?  What makes you different? • Ability to retain the best staff ▫ Career Development: Source of dissatisfaction for 55% of New Zealanders (Kelly Global Workforce Index) ▫ Technology Driven Flexibility: The changing nature of where and when people work
  • 6. Strategy 1: Know what are you looking for and how to attract it • The key to successful hiring is knowing: ▫ Knowledge of role success factors ▫ Understanding person-organisation / culture fit ▫ Attracting top talent at any level of your organisation Remember to recruit strategically concentrating on Person/Organisation Fit In the ever increasingly competitive marketplace organisations can no longer afford not to have the best talent
  • 7. Application of Strategy 1: Understanding role success factors and organisational culture Ernst & Young: • Job analyses and culture surveys • Technical and core competencies • Potential, performance and values
  • 8. Application of Strategy 1: Technology Driven Ernst & Young: ▫ Pandora Channel ▫ Careers Facebook page ▫ Facebook Application ▫ Online tools ▫ Virtual tour of workspaces
  • 10. Strategy 2: Be Flexible • Good training will: ▫ Involve blended learning ▫ Contain formal and informal components ▫ Focus on specific needs ▫ Be ongoing ▫ Clearly link to career development • Flexibility is crucial! Different information - different mediums, different people - different learning styles!
  • 11. Application of Strategy 2: Maximise available resources • Employee Access and Awareness
  • 12. Retention Trends: Focus on Talent Management
  • 13. Strategy 3: Move with the times • 80% of New Zealanders say mobile communication technology has boosted personal productivity. • 76% say the ability to be in constant contact with the office is a positive development, despite more than a third now working longer hours! • 89% view telecommuting, or working from home/remotely as positive. Employers embracing technological enhancements likely to increase productivity and be seen as employers of choice
  • 14. Application of Strategy 3: Flexibility Across Common Dimensions Deloitte Product: ▫ Generational Differences ▫ Undulating Journey ▫ Multiple Streams ▫ Empowerment
  • 15. Leadership and Management: Staying ahead of the game (it’s changed) • Reducing Paternalism • Coaching not commanding • Nurturing autonomy • Generating loyalty and Morale • Tomorrow has arrived People join organisations and leave managers!
  • 16. Human Management Capital Systems: The move towards integrated data Recruitment • A Holistic Approach • Long-Term Solutions Exit Performance Avoid being data rich and information poor! Culture
  • 17. Where we are at and where we are moving towards • This is where IT & HR meet and both have a critical part to play • OracleHCM article (Livingstone, Richey & Kirsanoff, 2010): ▫ Hold all your people data in one place ▫ System needs to have capability to cover the entire employee life-cycle ▫ Whole organisation working as “one talent management team” “Integration of talent management processes, systems and data (this is key!)” “You need integrated processes with an application/infrastructure backbone to support them. While the CIO may have a systems focus with a lack of sympathy for HR needs, his/her demands actually will enable HR to gain better process focus.”
  • 18. Summary • Recruitment Trends: Talent will be available ▫ Know what you are looking for and how to attract it  Technology driven and proactive • Training Trends: Diverse Resources ▫ Be flexible  Maximise available resources • Retention Trends: Focus on Talent Management ▫ Move with the times  Flexibility across common dimensions ▫ Maximising leadership while reducing management • Human Management Capital Systems ▫ Holistic and Integrated