Tuesday, 27 October 2015

FIVE PRINCIPLES TO HR DECISIONS IN TACKLING THE GROWING COMPLEXITIES OF THE MODERN WORKFORCE

The five five principles are: 
1. Logic-driven analytics
2. Segmentation
3. Risk leverage
4. Integration and synergy
5. Optimization - i.e. high impact vs low impact programmes

Key takeaways:
  • There is a shift in HR from being a service provider to educating, enabling and equipping business leaders.
  • Effective analysis of workforce data provides answers to an organization's high-value questions, such as identifying traits and characteristics in successful employees working in business critical roles.
  • Through segmenting the workforce, HR may differentiate sourcing and reward strategies. This shift contributes to business value through the attraction of new talents and retention of critical talents.    

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