The gorgeous venue in Miami, Florida set the scene for an incredible conference full of abundant learning and networking. As a sponsor of the opening reception it was great to kick off the event in style, connecting with everyone gearing up for the informative days ahead.
With a main conference theme of ‘The rise of the individual in the future of work’ we knew it was going to be a good one. The 2018 Deloitte Global Human Capital Trends research was released and topics to follow explored insights from this research.
‘The Power of the Individual’
We are now seeing the rise of the individual, what matters most is your people – do whatever you can to help employees grow. It’s time to allow your people to become the drivers of their own career. Make learning personal and give employees more control for their future.
Importance of learning
As Josh Bersin delivers: We are 2 years away from organizations being 100% reinvented. It means now more than ever, creating a successful learning and development culture is pivotal. Why wouldn’t you when he points out Deloitte predict that reskilling your employees is 1/6th of the cost of a new hire. Understand the ways people want to learn and get people excited to learn and work.
Despite the rise in technology and the affects that automation will make to the future of work, many of the most in-demand skills aren’t all technical focused. In fact, management, sales, communication and marketing are as important as ever and proves the importance of continually growing your skills as well as recognizing other personal capabilities such as leadership and collaboration.
Heart and Purpose
It just goes to show in this technological era we mustn’t forget the essential ‘human’ element. Putting people at the heart of everything we do was a recurring theme and we couldn’t agree more. Millennial’s are craving purpose and value alignment with those of the organization, it’s what really drives them. Discovering these of your individuals and finding values fit when recruiting new talent (Denise Moulton, Deloitte) can be the secret to creating an enviable culture. ‘Culture is the most difficult thing to master,’ but Dr Nancy Robert (ANANursingWorld) adds that the answer often lies in establishing core values. Unfortunately we missed one of the most discussed presentations of the conference, Leena Nair of Unilever who spoke in-depth on this topic.
Another key word buzzing around at the event. It’s what people want, but more than that they need it. Whatever you do though, the Annual Performance Review should not act as the only form of feedback. As Patty McCord points out, NO-ONE is good at something they do only 1 time a year, it takes practice.
So how do we put this all into action?
First off – speakers suggested throwing away any HR processes that don’t bring value (the ‘annual rating’ is a popular place to start). Then implement tools with expert HR systems that support continuous growth, learning experience, career planning and allow you to know your employees and their values.
This space can be a minefield, if you haven’t already we highly recommend reading Josh Bersin’s article: The Daunting Challenge of Buying Career Management Software
OUR FAVORITE ONE-LINERS:
40% of hires are regrettable according to IBMWatsonTalent
“When you say you had a good day at work, it’s usually not because there were macadamia nuts in the cookies. It’s because you made an impact.”
Do you truly believe that your people have possibilities to do more than what they do today?
To sum it up
It is so gratifying to hear these inspiring, knowledgeable discussions talking about the future of HR, all reiterating HR challenges that Fuel50 already is providing a solution for. We leave satisfied and full.
One of the highlights of these events are the meaningful conversations shared among passionate HR leaders and professionals. It was such a pleasure to connect with everyone, see you next year.