graduates and the future of work october 2011
DESCRIPTION
Two hour talk on graduates in Mississauga.TRANSCRIPT
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Graduates and the future of work
by Toronto Training and HR
October 2011
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Contents3-4 Introduction to Toronto
Training and HR5-9 Skills and capabilities
required10-18 Worlds ahead19-21 One year on22-23 Conclusion and questions
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Introduction
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Introduction to Toronto Training and HR
• Toronto Training and HR is a specialist training and human resources consultancy headed by Timothy Holden
• 10 years in banking• 10 years in training and human resources• Freelance practitioner since 2006• The core services provided by Toronto Training and HR
are:- Training course design- Training course delivery- Reducing costs- Saving time- Improving employee engagement &
morale- Services for job seekers
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Skills and capabilities required
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Skills and capabilities required 1 of 4
TODAYTeamworking skillsSector-specific skillsCommunication skillsComputer skillsAbility to adapt to and act in new situationsGood reading/writing skillsAnalytical and problem-solving skillsPlanning and organizational skillsDecision-making skillsGood with numbersForeign language skills
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Skills and capabilities required 2 of 4
TOMORROWSector-specific skillsBasic skills such as being good with numbers,good reading and writing skills, computer skillsCommunication skillsTeamworking skillsAnalytical and problem-solving skillsForeign language skillsAbility to adapt to and act in new situationsPlanning and organizational skills
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Skills and capabilities required 3 of 4
SKILLS GAPLack of business acumen, commercial understanding and preparation for the ‘leap’ from the academic to commercial environmentThe lack of personal and interpersonal skills, including communication, emotional intelligence and organisational skillsPoor English language skills, ranging from a difficulty in making the transition from academic writing to business writing, to basic inadequacies in grammar and spelling
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Skills and capabilities required 4 of 4
SKILLS GAPAttitudinal issues, including the unrealistic expectations of their role and inflated views of their capability early onSpecialist skills needed for specific jobs e.g. engineering, computer science
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Worlds ahead
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Worlds ahead 1 of 8THEMESBusiness models will change dramaticallyPeople management will present one of the principal business challengesThe role of HR will undergo fundamental change
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Worlds ahead 2 of 8CORPORATE RULESSize does really matterCorporates divide the haves and have notsWelcome to the technology ageCorporates drive lifestyle choices
Managing peopleWho leads people strategy?Organizational challengesEmployee profile
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Worlds ahead 3 of 8CORPORATE RULESTalent management People metrics and reportingPeople shared servicesReward and performance
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Worlds ahead 4 of 8GREEN IS THE COLOUR!Consumers drive corporate behaviourSupply chain controlHow green are you?Large corporate fines
Managing peopleWho leads people strategy?Organizational challengesEmployee profile
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Worlds ahead 5 of 8GREEN IS THE COLOUR!People engagementSociety engagementPeople shared servicesSustainability
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Worlds ahead 6 of 8SMALL BUT PERFECTLY FORMEDA free economyNetworks are keyComplex supply chainsMillennials drive technology use
Managing peopleWho leads people strategy?Organizational challengesEmployee profile
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Worlds ahead 7 of 8SMALL BUT PERFECTLY FORMEDOutsourced activitiesFlexible workforce
Core operations
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Worlds ahead 8 of 8TO SUMMARIZEResourcing and successionTalent managementEmployee engagementReward and performanceLearning and development
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One year on
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One year on 1 of 2EXAMPLE-1102 respondentsThree types of programCertificatesDiplomasAdvanced diplomas
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One year on 2 of 2EXAMPLE% of respondents in the labour force96%Employment rate of labour force participants87%% of respondents employed in work related to field of study80%Average annual salary of those employed infull-time work related to field of study$31855% of graduates who pursued further education20%
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Conclusion & Questions
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Conclusion
SummaryQuestions