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The Changing Nature of Work, the Workplace, and the Workforce:
@KevinWMartin
The Employer-Employee Evolution
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High Performance Organizations Excel in 5 Core Areas
Market Market
Strategy
Culture
Leadership
Talent
Source: Institute for Corporate Productivity (i4cp)
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Excellence in Each Area Drives Specific Outcomes
Market Market
Strategy Culture
Leadership
Talent
Execution
Innovation
Agility
Engagement
Performance
Source: Institute for Corporate Productivity (i4cp)
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About Kevin Martin Background § Chief Research & Marketing Officer, i4cp § Former SVP of Research and SVP of International
Operations, Aberdeen Group § Built one of the industry’s leading Human Capital
Management research organizations § Top 100 HR Influencers, HR Examiner § Top 100 HR Influencers on Twitter, Witty Parrott § Authored more than 100 reports/studies on best
practices in HR and human capital management § University of Dayton, Business Advisory Council § Former Board President and Board member,
Big Brothers Big Sisters of Central Massachusetts § MBA, Boston University; BSBA, University of Dayton
@KevinWMartin
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i4cp discovers… …the people practices that drive high
performance.
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§ Revenue growth § Market share § Profitability § Customer satisfaction
Defining High Performance
Focus of Research: § What do high-performance organizations do differently? § Do those practices correlate with market performance?
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The Evolution of Work
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A Major Study § 3M § Adobe § Ally Financial § Amway § Avaya § Banner Health § Baxter § BNSF § Cardinal Health § Cargill § Celgene § Choice Hotels § Cigna § Coca Cola § Corning § FedEx § Gilead § Grant Thornton § Hitachi § HP
§ HSBC § Jack in the Box § Land O'Lakes § Macy's § McDonald's § MGM Resorts § Nexteer Automotive § Pandora § Pitney Bowes § Qdoba § Ricoh Americas § Starbucks § Starz Entertainment § Sunlife § TD Bank § T-Mobile § VF Corporation § Western Union § Wolters Kluwer § Xerox
80 BUSINESS LEADERS mostly heads of HR
§ A partial list of companies included in the interviews
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§ Which of the following poses the greatest threat to you as an IT professional?
§ - The increasing pace of technological advancement
§ - The move to Cloud and SaaS from on-premise technology
§ - The global digital worker and the Gig economy
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Three Economies
GIG
STARVING
WINNER TAKE ALL
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An Outdated Employment Model?
Company Employees Market Cap ($US) Target 347,000 $48 billion General Motors 216,000 $46 billion Itau Unibanco Holding SA 98,000 $44 billion MetLife 68,000 $57 billion Canadian NaHonal Railway Corp. 24,000 $44 billion KraO Foods Group, Inc. 23,000 $53 billion
73% of Uber's driver-partners say they'd rather have a job where they choose their own schedule and are their own bosses, than a steady 9-to-5 job with
some benefits and a set salary (BSG, 2015).
Uber < 4,000 (est.) $50 billion
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Two Big Trends
Worker Demand for Control and Flexibility
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Worker Flexibility Pays
ü Decrease in work-family conflict ü Improvement in perceived time adequacy ü Increase in worker sense of schedule control
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Two Big Trends
Use of Non-Employees to Increase Capability, Capacity,
and Agility
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The “Gig” Economy & Digital Workforce
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What This Means…
Take a Serious Look at How to Re-Define and Leverage Talent Better
and the way work needs to get done.
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“What we really want to do is build a globally deployed process that enables us to easily design the work for where the talent is located. “We want the flexibility to allow the work to move seamlessly across borders without being tied to location.”
Marlene McGrath, SVP of HR
Source: Institute for Corporate Productivity (i4cp)
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The Changing Nature of Work
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The DECONSTRUCTION
of WORK
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Ask “where’s the best place to get the work done, not who are the best employees to put on this project.”
- John Boudreau (i4cp’s 2015 Annual
Conference)
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§ Identify your Critical Roles § Deconstruct those roles into
the Work that must get done § Define the skills/capabilities
required for each component of work
§ Conduct a supply/demand analysis to determine gaps
§ Determine build, buy, borrow or rent.
For IT
IMPORTANT: Role First
People Last
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Unlocking The “Lead the Work” Code
Rewards • How Small the Time Frame to
Shorten? • How Specifically to Individualize? • How Creatively to Imagine?
Assignment • How Small to Deconstruct? • How Widely to Disperse? • How Far From Employment to
Detach?
Organization • How Easily To Permeate? • How Strongly to Interlink? • How Deeply To Collaborate? • How Extensively To Flex?
Please do not distribute, quote or cite without permission. From Lead the Work by Boudreau, Jesuthasan and Creelman, 2015 http://www.wiley.com/WileyCDA/WileyTitle/productCd-1119040043.html
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The Changing Nature of the Workforce
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§ Looking 5 years out, which of the following will be most important for IT leaders?
§ - Business acumen § - Technical skills § - Project management skills § - A global mindset § - Collaboration skills § - Influencing skills § - Building trust
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Influence and Collaboration Define the New Leader
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The Social-Side of Leading
Makes the Difference
Business Acumen is Critical but Insufficient.
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Millennials want development… and
ASTD / i4cp’s Leadership Development for Millennials
Millennials want coaches
0.39 0.4 0.41 0.42 0.43 0.44 0.45 0.46 0.47
Learning Via Mobile Devices
SeVng Clear Performance ExpectaHons
IntergeneraHonal Coaching
Mentoring & Coaching Programs
What Millennials Think is Most EffecHve
Source: Institute for Corporate Productivity (i4cp) and Association for Talent Development (ATD)
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And the Generation that Follows (Gen Z) wants Feedback
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Gen Z and Feedback
Over 40% want feedback weekly, but they think that the feedback session should only
last 5 minutes. Source: Institute for Corporate Productivity (i4cp)
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§ Fear of missing out (always connected, always in the know)
§ Pragmatic (they are “real”) § Hyper-custom (they customize everything) § Competitive (no rewards for just showing up) § Do-it themselves (seek direction, not
coaching) § We (building on ideas / the sharing
economy)
More on Gen Z…
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Multi-Sourced Performance Feedback
Performance Enablement § 10k active users § 40k pieces of feedback in
first 214 days § 75% indicate they’ve
changed behavior based on feedback they received.
Behavior-based Feedback § iLearn, A multi-sourced
feedback tool § Rewarding those who teach
others and who demonstrate their knowledge on the job
§ Employees leverage after they complete a learning program to gain insight on their performance/behaviors.
Source: Institute for Corporate Productivity (i4cp)
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#myweekin3words
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The Changing Nature of the Workplace
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Qualcomm’s Enterprise App Store
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§ Idea Submission Form
§ Idea Discussion Forums
§ Idea Tagging, Sorting & Search
§ Peer and Expert Ratings
§ Subject Matter Expert data base
§ Campaign Functionality
§ Innovation Events & Resources
§ Prediction Markets
The Qualcomm Innovation Network
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Collaborative, Continuous, Connected
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“In Amsterdam, we redesigned all the office space so that people don't have permanent desks or permanent offices. They come and go as needed based on the work they have to get done. Today you might sit with the finance guys, but tomorrow you might sit with someone from product development. Because of that flexibility, there's more collaboration across organizational units.”
LeighAnne Baker, CHRO
Source: Institute for Corporate Productivity (i4cp)
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Diverse developmental experiences will be
essential
think beyond boundaries
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FedEx Ground & The Lattice
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Making Cupcakes: General Mills
§ Exposure assignment
§ Competency assignment
§ Wisdom assignments § Over-cooked (the
manager who hoards talent)
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Lead Beyond the Enterprise Walls
Source: i4cp, Developing Global-Minded Leaders, 2015
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§ Decide how to ID, develop, measure and reward based on influence & collaboration
§ Establish relationships with other functions and units where IT talent can be leveraged
§ Partner with HR to define the HR technology strategy and better leverage existing capabilities
§ Partner with HR to ensure sources of workers understand your culture and are aligned with your organization’s objectives.
For IT
44 © 2014 Institute for Corporate Productivity, Inc.
Kevin MarHn
Chief Research and MarkeHng Officer [email protected]