1
Al Masar: The Path Towards Human
Capital Excellence
Impact of Expo 2020 on the Talent Landscape
David Jones & Radhika Pu...
“Our goal is to build a
better future for the
region’s youth. The UAE
will achieve it through
collaboration and
inspiratio...
Agenda for Today
 WHAT: The Impact?
 WHO: Skills in Demand?
 HOW: Your Role?
 Look forward to your
questions!
What Will Be the Human Capital Impact of Expo 2020?
 300,0001 additional jobs by
2020.
 90% of job opportunities from
20...
5
Key Growth Sectors As a Result of The Expo
Hospitality, including the
MICE Industry
Transportation and
Logistics
Real Es...
6
Top 10 Hot Skills That Will be Most in Demand
2. Project
Mgmt,
Planning
and
Execution
1. Customer
Service
5. Digital
Bus...
An Incredible Opportunity for HR Professionals
2
Organisations who are Indirectly
Impacted as a Result of the Expo, with a...
8
Future Role of HR Professionals?
A traditional, ‘one size fits all’ approach to select, engage,
develop or retain talent...
9
Future Role of HR Professionals
 Differentiated HR strategy in terms of policies, practices and
frameworks, holistic ap...
10
Nationalisation 2.0
 A fundamental re-boot of the current
approach to nationalisation.
 Private sector to fuel employ...
11
Al Masar: Your Journey Begins Today!
HR Strategy
Initiate the
discussion. How does
the Expo impact my
organisation?
Def...
12
Al Masar: Your Journey Begins Today!
2014 – 2015 2016 – 2017 2017 - 2020
Talent
Management
and
Development
Hot skills a...
13
Concluding Thoughts & View From 2021
 The 2020 Expo will impact everyone living and working in the UAE, directly
or in...
14
Download the Report!
www.fahrforum.com
Stay Connected
www.thetalententerprise.com
david@thetalententerprise.com
Book Si...
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Al Masar: The Parth Towards Human Capital Excellence - David Jones and Radhika Punshi

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Al Masar: The Parth Towards Human Capital Excellence - David Jones and Radhika Punshi

  1. 1. 1 Al Masar: The Path Towards Human Capital Excellence Impact of Expo 2020 on the Talent Landscape David Jones & Radhika Punshi | The Talent Enterprise FAHR Conference | 29 April 2014 Download the Report: www.fahrforum.com Get in Touch: david@thetalententerprise.com
  2. 2. “Our goal is to build a better future for the region’s youth. The UAE will achieve it through collaboration and inspiration at Expo 2020.” H.H. Sheikh Mohammed Bin Rashid Al Maktoum, on Winning the Expo
  3. 3. Agenda for Today  WHAT: The Impact?  WHO: Skills in Demand?  HOW: Your Role?  Look forward to your questions!
  4. 4. What Will Be the Human Capital Impact of Expo 2020?  300,0001 additional jobs by 2020.  90% of job opportunities from 2018 to 2021.  Multiplier effect of over 1 million new opportunities via internships, traineeships, apprenticeships, part-time, contract working etc.  New career options for Emirati youth.  Greater inclusion of women.  Strengthen sense of national pride and belonging.  Unite and celebrate diversity.  ‘Feel good’ factor, happiness and well-being.  Inspire and motivate youth.  A strong legacy and a better future in a more globally connected world. TANGIBLE BENEFITSINTANGIBLE BENEFITS 1Standard Chartered Research
  5. 5. 5 Key Growth Sectors As a Result of The Expo Hospitality, including the MICE Industry Transportation and Logistics Real Estate and Infrastructure Retail Banking and Financial Services The Talent Enterprise Research for Federal Authority of HR, UAE 1 2 3 4 5 Other Sectors Impacted?  Entrepreneurship & SME’s  Arts, Publishing, Media  Telecom  Broader Travel & Tourism  Education  Role of the Public Sector?
  6. 6. 6 Top 10 Hot Skills That Will be Most in Demand 2. Project Mgmt, Planning and Execution 1. Customer Service 5. Digital Business Skills 6. Social Media & Web 2.0 6. Digital Design Skills 3. Engineering and Technical 10. Financial Analysis, Due Diligence and Monitoring 9. Health, Safety and Environment The Talent Enterprise Research for Federal Authority of HR, UAE 4. Architecture, Urban Planning and Infrastructure Development 7. Event Management, Marketing and PR Right Behaviours and Attitudes Would be As Critical!
  7. 7. An Incredible Opportunity for HR Professionals 2 Organisations who are Indirectly Impacted as a Result of the Expo, with a Proactive Strategy 1 Organisations with Direct Impact on Growth and Expansion as a Result of the Expo, with Proactive Strategy 4 Organisations who are In-directly Impacted with Future Growth and Expansion as a Result of the Expo, with Reactive Strategy Organisations with Direct Impact on Growth and Expansion as a Result of the Expo, with Reactive Strategy INDIRECT GROWTH AND EXPANSION AS A RESULT OF THE EXPO DIRECT YOURSTRATEGYRE-ACTIVEPRO-ACTIVE 3
  8. 8. 8 Future Role of HR Professionals? A traditional, ‘one size fits all’ approach to select, engage, develop or retain talent will not work, irrespective of whether you’re a public or private sector organisation.
  9. 9. 9 Future Role of HR Professionals  Differentiated HR strategy in terms of policies, practices and frameworks, holistic approach to human capital.  Along with recruitment, focus on the increased performance, productivity, engagement, development and inclusion of talent.  Private sector employers to innovate and be flexible in attracting and retaining Emirati talent. Priority Areas for HR from 2014 to 2020 and Beyond Supporting Emiratisation Version 2.0
  10. 10. 10 Nationalisation 2.0  A fundamental re-boot of the current approach to nationalisation.  Private sector to fuel employment growth.  A shift from a quota-driven approach towards ‘right people’ in ‘right jobs’.  Focus on identifying strengths and developing skills.  A more strategic and planned approach to workforce planning, aligning education to employment.  Diversification of opportunities, non-traditional career paths for youth and females in particular. ‘Unlocking the Paradox of Plenty’, David Jones and Radhika Punshi Supporting Emiratisation Version 2.0
  11. 11. 11 Al Masar: Your Journey Begins Today! HR Strategy Initiate the discussion. How does the Expo impact my organisation? Define key HR metrics. Use of technology and social media. Be agile & innovative. Recruitment and Selection Evaluate future hiring. Transparent, efficient and scalable process. Using relevant psychometrics. Mapping the market. Ramp up hiring. Innovative hiring strategies to broaden candidate pool. Hire top talent and grow internal talent. Alternative working arrangements. 2014 – 2015 2016 – 2017 2017 - 2020
  12. 12. 12 Al Masar: Your Journey Begins Today! 2014 – 2015 2016 – 2017 2017 - 2020 Talent Management and Development Hot skills and attributes for Expo. Talent segmentation. Strengthening entire talent pipeline. Succession planning, manage key person risk. Role and visibility of leadership. High potential talent to lead. Career paths and rewards. Total Rewards, Policies and Benefits Positive and progressive policies. More flexibility in benefits. Emphasise the entire employment experience and career paths. Launch long term incentives. Premiums for hot skills. Manage costs. Retain compensation positioning in market.
  13. 13. 13 Concluding Thoughts & View From 2021  The 2020 Expo will impact everyone living and working in the UAE, directly or indirectly.  Human capital professionals have an essential role to play in shaping the future.  A planned, pro-active strategy will go a long way – before, during as well as after the Expo.  After 2020?
  14. 14. 14 Download the Report! www.fahrforum.com Stay Connected www.thetalententerprise.com david@thetalententerprise.com Book Signing

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