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Key HR Goals and Objectives 2013
The document outlines the key HR goals and objectives for 2013, including addressing the war for talents, supporting innovations, implementing performance-driven compensation, developing talent, and establishing lean HR processes. It also discusses the economic outlook and need for efficiency. The goals are aimed at gaining a competitive advantage and supporting the business strategy. Future areas of focus include continuing pressure to automate non-value added HR work and simplify processes, as well as developing skills for in-demand technical jobs.
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Key HR Goals and Objectives 2013
- 1. HR Goals and Objectives in2013 (and future outlook)
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- 3. creative HRM creative HRMis my flagship HR project for 2013. It covers a wide variety of different HR topics, starting with HR Processes, HR Management Practices and Procedures, HR Strategy, HR Transformation and other HR Management related stuff. Please, feel free to visit creative HRM.
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- 5. Content • Key HRGoals – War for Talents – Innovations – Performance driven Compensation – Talent Development as a Key Competence – Lean HR Processes • Future Outlook
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- 7. HR Business Case2013 • The economic growth forecasted to be weak; slowdown in the USA and no recovery in Europe • Re-industrialization of the developed countries started • No strong overall income growth • Increasing price competition and the war for the market share; HR costs to be monitored and managed closely • Top talents still being a scarce resource • Need for the recognition of top performers contributing most to business results • Lack of new leaders • Simpler, quicker and cheaper HR Processes required by the executive management
- 8. Key HR Goalsand Objectives Competitive Advantage HR Goals and Objectives Efficiency HR Ini,a,ves Performance Talent War for Talents Innovations Based Development Compensation Lean HR Processes
- 9. War for Talents • The start-ups and innovative organization still hiring large numbers of talents from traditional and mature businesses • HR needs to: – Update the recruitment strategy – Identify key colleges and universities to co- operate with and introduce internship programs – Strengthen the internal recruitment process
- 10. Innovations supported byHR • Innovations become the key differentiator between successful and rigid organizations. • Supporting innovations and the creativity becomes the critical success factor for HR • HR has to: – Design processes to encourage employees to introduce innovations – Design the training for managers as they support innovations – Recognize innovations – Limit the red tape
- 11. Performance Driven Compensation • Thetop performers have a higher impact on the business results, and the compensation policy has to support top performers and motivate others to reach challenging goals • HR needs to: – Review and update all incentive schemes – Design and spread the collection of sales best practices – Update sales and hard skills training courses
- 12. Talent Development • Youngtalents and high potentials are able to take over managerial and specialized job positions. They are the key know holders for the organization. • HR has to: – Design and promote internal talent development programs – Incentivize employees to recommend talents for open vacancies – Allow quick career moves for the top talents
- 13. Lean HR Processes • Lean HR Processes make HR Department more responsive, cheaper and have a positive impact on the satisfaction of internal clients • HR needs to: – Introduce the regular HR Process Management – HR Dashboards: Design, monitor and take actions – Develop process management skills
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- 15. Future of HRManagement • Continuing pressure to focus HR Management on pure value added HR Processes • Continuing pressure to automate non-value added HR Processes and Procedures • Simplification and introduction of lean HR Processes • Supporting the business strategy and implementing growth oriented HR Strategies • Technical skills and technical university graduates will be most demanded resources on the job market
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- 17. Download this presentation • If you want to download this presentation, please, visit creative HRM by clicking on this link: Key HR Goals and Objectives 2013 • The presentation is available in PDF format. The version in MS PowerPoint format will be available later during 2013.
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- 19. THANK YOU Visit crea,ve HRM for more informa,on about HR Management.