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The Future of HR: "HR is dead vs Long Live HR" by Leadapreneur

15 de May de 2017
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The Future of HR: "HR is dead vs Long Live HR" by Leadapreneur

  1. THE FUTURE OF HR & TALENT HR is dead. Long live HR.
  2. 12+ YEARS. 10+ COUNTRIES. 30,000 LEADERS. Creators of the world’s largest leadership &innovation online course with 28k+ students Certified by the London-based Institute of Leadership & Management
  3. Community of HR leadapreneurs Big Ideas Compelling conversations Daring Actions IT’S TIME BUILD OUR FUTURE Hell o
  4. AGENDA Networking lunch HR is dead. Long live HR. Speech by futurist Jan Bartscht. Q&A Exploring the key trends & their consequences. Leading the change
  5. ABOUT JAN BARTSCHT Jan Bartscht is a futurist and innovation consultant; he specialises in helping leaders fight disruptive innovation by guiding them to transform their organisations and people into agile digital innovators. Co-founder & MD of Leadapreneur, a boutique innovation consultancy based in Kuala Lumpur, Jan sees first-hand the reality of innovate or die in his daily work. He consistently sees 2 kinds of incumbent firms; those who are being disrupted and those who don’t know they are being disrupted. In recognition of this, Jan has built his expertise in awakening management and senior leaders to today’s ‘Innovate or Die’ reality, engaging them to discuss how they need to change and driving them to transform their people, business and culture. His keynote ‘Innovate or Die’ engages audiences to understand the astonishing scale, speed and consequences of today’s disruptive innovation. Using stories and detailed industry examples, Jan enables managers and senior leaders to understand what disruptive innovation is, why it’s killing companies and how they can transform themselves to become an agile digital innovator before it’s too late. “100% business as usual = 100% chance of death”
  6. HR ENABLES PEOPLE TO DO THEIR JOBS HR remains relevant by offering a variety of services to the business. Recruit Retain Remove Develop Promote Pay Engage
  7. THE INNOVATION SHIFT The transition from the industrial age to innovation age.
  8. HR IN THE INNOVATION AGE LONG LIVE HR ☺ • Innovators who create powerful solutions that significantly enable people to do their work. HR IS DEAD  • Administrators who fail to add value to the core business because they don’t enable people to do their jobs What should HR be doing? Why is HR relevant? How should it serve the organisation?
  9. 1. HR STRUGGLES TO DEVELOP PEOPLE “90% of training fails to deliver sustained changes and improvements” Laszlo Bock, Global VP for People at Google
  10. 2. WORKERS ARE DISENGAGED & NOT BEING RETAINED According to Gallup, 84% of workers in Malaysia are disengaged or actively disengaged and according to Job Street retention is the number 1 talent challenge.
  11. 3. LACK OF ENABLING TECHNOLOGY HR is one of the least technology enabled functions and lacks critical technology literacy. Artificial intelligence Blockchain contracts Virtual reality
  12. ARTIFICIAL INTELLIGENCE IS REPLACING PEOPLE TODAY "The relentless pace of automation will make many good middle-class jobs obsolete"​ Former President Obama, 2016 How will HR remain relevant if there are no people in the company?
  13. DECLINE & FALL: FROM STRATEGIC LEADER TO CLERICAL ADMINSTRATOR “Those 600 traders, there is a lot of space where they used to sit” From 600 traders to 2… and 200 software engineers who report to the CFO Goldman’s new consumer lending platform, Marcus, aimed at consolidation of credit card balances, is entirely run by software, with no human intervention
  14. HOW AI WORKS A smart algorithm can process huge amounts of information to generate insights and decisions 24/7 and relentlessly get better at it. Artificial intelligence can do a lot of your work faster for a lot less and keep getting better at it!
  15. THE END OF TRADITIONAL HR HAS ARRIVED Recruit 01 Retain 02 Remove 03 Develop 04 Promote 05 Pay 06 Engage 07 HR is being replaced by Artificial Intelligence (AI) & technology right now o
  16. HR IS DEAD BECAUSE IT FAILS TO ENABLE PEOPLE TO DO THEIR JOBS IN THE INNOVATION AGE. In 2016, JP Morgan use AI to save 360,000 hours of law work (150 full-time lawyers) Unless HR professionals move quickly to create new relevance, they will be replaced by AI and merged into the technology department. PS: This slide was created by AI.
  17. LONG LIVE HR! Remain relevant by enabling people to do their jobs in the innovation age! INNOVATION • Enable people to innovate consistently INDIVIDUALISATION • Provide individualised career cycle support INTEGRATION • Integrate human & artificial intelligences
  18. INNOVATION CREATES GROWTH! Innovative companies grow faster & beat the competition.
  19. 1. HR SHOULD OWN & LEAD INNOVATION Innovation is critical for success because it creates growth; HR become critical to the business by building an innovation system that can enable the mass production of innovation. Innovative people Culture of innovation Community of innovators Innovation Ecosystem
  20. INNOVATIVE PEOPLE Traditional managers lack the skillset, mindset and strategic awareness to innovate; a new kind of talent must be developed to deliver innovation
  21. BUILD A CULTURE OF INNOVATION Culture is the way in which an organisation solves problem, ‘how we do things around here’.
  22. GRPOW AN INNOVATION COMMUNITY Connecting people together to innovate; 50 leadapreneurs creating 3 innovations per year= 150 innovations 150 innovations per year!
  23. INDIVIDUALISED CAREER CYCLES FOR EVERYONE Recruit, develop & retain the critical talent by providing individualised career cycles ✓Recruitment ✓Development ✓Retention ✓Pay ✓Promotion
  24. 3 LEAD THE INTEGRATION OF HUMAN & ARTIFICIAL INTELLIGENCE Lead the transition and enable people to see it as a positive change instead of something to be feared. Don’t let IT own it!
  25. HOW ARTIFICIAL INTELLIGENCE WILL REDEFINE MANAGEMENT -ACCENTURE & HBR (November 2016) 1. Leave the automation to AI 2. Focus on high value, non-routine, ‘judgement work’ 3. Get ready to treat AI as your work colleague 4. Managers embrace design thinking and creativity 5. Develop dense & diverse social capital networks Nobody told the farm labourers that the tractor was coming until it was too late; however, instead of competing with the tractor you can learn to drive it!
  26. THE FUTURE OF HR Innovate the business • Build and own the innovation ecosystem or become administrators 1 Individualise the career cycle • Provide mass career cycle individualisation or someone else will 2 Integrate the intelligences • Integrate human and artificial intelligence or be replaced by them 3
  27. OTHER KEY TRENDS 1. Faster career cycles 2. AI making people redundant 3. Scarcity of hybrid talent 4. Digital learning 5. Inter-generational conflict & misunderstandings 6. Contract work 7. The rise of teams
  28. TRENDS COMBINE TO CREATE UNEXPECTED FUTURES VUCA reality is unpredictable! Napster 10,000 songs iPod iPhone Instagram
  29. EXPLORING YOUR TRENDS Explore where trends can go by starting with believable principles and then taking rational next steps to discover what the future could be. Internet usage is growing rapidly People want to buy and sell online more and more Someone will create online payments provider Elon Musk & others created Paypal
  30. ACCELERATING YOUR INNOVATION JOURNEY Transform your managers into leadapreneurs. STEP 1 AWAKEN STEP 2 ENGAGE STEP 3 DELIVER 1-2 hrs Awaken your people with a powerful ‘Innovate or die’ speech 1-2 days Engage them to learn through workshops & online courses 3-12 months Support them to deliver KPI- relevant innovation through our accelerator
  31. NEXT STEPS 1-day open workshop ‘Innovate or Die’  Bring your HR team! Next Forum event will be in 6 months from today! Contact us to be invited: Jess@leadapreneur.com
  32. LEAD THE INNOVATION SHIFT Own the innovation ecosystem Create individualised career cycles Integrate artificial & human intelligences
  33. THANK YOU! Believe in yourself. Be brave. Be bold. Be brilliant. Build your better world. Jess@leadapreneur.comwww.leadapreneur.com
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