hr manufacturing leap conference - rethinking retention

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Rethinking: How We Retain Knowledge, Skills & Experience in Our Organizations Nereida (Neddy) Perez Diversity Basics & DI Creative Solutions www.dicreativesolutions.com Phone: 832-216-8836

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Page 1: HR Manufacturing Leap Conference - Rethinking Retention

Rethinking: How We Retain

Knowledge, Skills & Experience

in Our Organizations

Nereida (Neddy) Perez

Diversity Basics & DI Creative Solutions

www.dicreativesolutions.com

Phone: 832-216-8836

Page 2: HR Manufacturing Leap Conference - Rethinking Retention

Background

20+ years of global experience in Human Resources, Diversity & Inclusion

STEM Talent Strategies & Programs

Development of Women in Manufacturing & Energy Sectors

Major Companies & Industries: UPS, Shell, Sodexo, KPMG, National Grid, Ingersoll Rand

Boards Central Piedmont Community College, University of Southern California, SHRM Foundation, STEMConnector, Manufacturing Institute, etc.

Clients : Manufactures, Educational Institutions and nonprofit organizations (USBLN, NBMBAA, etc.)

Personal Mission : Help companies address organizational & talent cultural gaps while helping them push the envelop on innovation.

Page 3: HR Manufacturing Leap Conference - Rethinking Retention

Objectives

Brief overview of trends

Workforce

Workplace

Examples of what some

companies are doing

Page 4: HR Manufacturing Leap Conference - Rethinking Retention

Workforce Trends

Age Demographics:

iGen, Gen Z or Centennials: Born 1996 and later; -20 and under

Millennials or Gen Y: Born 1977 to 1995; 21-39

Echo Boomer: 1982-1990 (26-34)

Generation X: Born 1965 to 1976; 40-52

Baby Boomers: Born 1946 to 1964; 53-70

Traditionalists or Silent Generation: Born 1945 and before; 71+

Source: Center for Generational Kinetics

Page 5: HR Manufacturing Leap Conference - Rethinking Retention

Workforce Trends

Education:

High School Graduation is up 81% (2015)

Hispanic dropout rate 10.6%

African American dropout rate 7.4%

Caucasians dropout rate 5.2%

Women account for 55% of all undergrad enrollment but only 29% were STEM Grads

25-26% of women in manufacturing

81 million millennials entering workforce but manufacturing is not top of mind

11K baby boomers exiting corporations daily until 2030

Page 6: HR Manufacturing Leap Conference - Rethinking Retention
Page 7: HR Manufacturing Leap Conference - Rethinking Retention

Workplace Trends Career Advancement vs Gathering

Experiences

Progression Matters but not as much as

getting experience (GenX vs Millennials)

Climbing the ladder not as important as

impact (Millennials & Boomers)

Retiring from a field rather than a company (Jorge Legal Assistant to HR Manager)

Quitting for Principal or Misalignment of

Values or fit

Intrapreneurship to Entrepreneurship (Generation Start-up)

Workplace Flexibility

Desire to work at own pace (flex start and end times……Tardiness what is that) Edward

Sabbaticals – time off to explore Gigging (Task Rabbit, Uber, Fiverr, Upwork) Mei

Page 8: HR Manufacturing Leap Conference - Rethinking Retention

Workplace Trends Corporate Culture

Shoulder-to-Shoulder vs Hierarchy

Acknowledgement (not monetary)

Take Care of Me & Mine

Back up care for children vs parents

My pet is family

Continuous Learning

Mentoring/Coaching

Online vs Face-to–Face (YouTube, Udemy, Bootcamps)

Do it Yourself Learning vs Hands On (Braces)

Community Social Responsibility

Protect the environment

Make the world better (UPS, Microsoft, Toms Shoes)

Page 9: HR Manufacturing Leap Conference - Rethinking Retention

One size doesn’t fit all

Retention

Page 10: HR Manufacturing Leap Conference - Rethinking Retention

Look Outside of Manufacturing

Page 11: HR Manufacturing Leap Conference - Rethinking Retention

Assess & Be Clear Where is our business strategy taking us?

What locations are we expanding too?

Which businesses/divisions are we looking to grow?

What is the level of financial investment being made on talent?

Specific Talent Needs

What does our turnover rate look like by business/division?

What are your Affirmative Action/Gender Gaps that need addressing (workforce analytics)

Which job skills are we going to need… in X location

What is the spread of talent that will be needed

Early Talent Hires

Mid-Career professionals?

Seasoned Professionals? (Older Workers)

Front-line?

Peter Cappelli, Director Center of HR at Wharton, University of Pennsylvania

Page 12: HR Manufacturing Leap Conference - Rethinking Retention

Best Practices Corporate Culture Matters

Hire for culture fit

Spend time on Onboarding (3-6 months)

Workstyles – Groups vs Individuals (Structure projects & Teams according to strengths/capabilities

Team Assessments

Career Management

Retooling Skills

Ability to exit and re-enter

Retirees (Retainers, Phased Retirement, Consulting)

Snowbird Program

Learning – leverage ERGs , self-paced, experiential, GAMING (

Allow for Gigging or Starting New Ventures

Page 13: HR Manufacturing Leap Conference - Rethinking Retention

Best Practices

Leverage Rewards & Recognition Programs

Focus on Points not trophies

Knowledge Management/Curation

Shell - Employee Service Corps

Leverage Hackathon & Mash-up Concept to solve for retention

BraveNew’s Social Collaborative Platforms

Quirky.com & GE Partnership

AARP – IDEA Walls

Page 14: HR Manufacturing Leap Conference - Rethinking Retention

Best Practices

Partnering with Non-Profits & Associations AARP – Career Reimagined

USAA – Military Veterans

Meet-up.com – corporate clubs/activities

Give Back – not just money, knowledge, resources, (ENACTUS.org)

Page 15: HR Manufacturing Leap Conference - Rethinking Retention

Resources & Final Thoughts

Deloitte & Manufacturing Institute Study

Peter Cappelli, Talent Management for the 21st Century

Sylvia Ann Hewlett, How GenY & Boomers Will Reshape Your Agenda

Julie Cook Ramirez, Betting on Older Workers

Lucian Tarnowski of Brave New, Leveraging Collaborative Communities

Mercer Consulting – Diversity Best Practice

Adele Aguirre, Divvy Engagement’s Mobile Technology Tools

SHRM Foundation, Talent Retention Practice Guide

• Contact:

[email protected]

• Phone: 832-216-8836

• www.linkedin.com/in/neddyperez

• Twitter: @neddyperez