HR Goals and Objectives

Transcription

1 HR Goals and Objectives in 2013 (and future outlook)

2 About creative HRM

3 creative HRM creative HRM is my flagship HR project for It covers a wide variety of different HR topics, starting with HR Processes, HR Management Practices and Procedures, HR Strategy, HR Transformation and other HR Management related stuff. Please, feel free to visit creative HRM.

4 Content

5 Content Key HR Goals War for Talents Innovations Performance driven Compensation Talent Development as a Key Competence Lean HR Processes Future Outlook

6 Key HR Goals

7 HR Business Case 2013 The economic growth forecasted to be weak; slowdown in the USA and no recovery in Europe Re-industrialization of the developed countries started No strong overall income growth Increasing price competition and the war for the market share; HR costs to be monitored and managed closely Top talents still being a scarce resource Need for the recognition of top performers contributing most to business results Lack of new leaders Simpler, quicker and cheaper HR Processes required by the executive management

8 Key HR Goals and Objectives Competitive Advantage HR Goals and Objectives Efficiency War for Talents Innovations Performance Based Compensation Talent Development HR Ini,a,ves Lean HR Processes

9 War for Talents The start-ups and innovative organization still hiring large numbers of talents from traditional and mature businesses HR needs to: Update the recruitment strategy Identify key colleges and universities to cooperate with and introduce internship programs Strengthen the internal recruitment process

10 Innovations supported by HR Innovations become the key differentiator between successful and rigid organizations. Supporting innovations and the creativity becomes the critical success factor for HR HR has to: Design processes to encourage employees to introduce innovations Design the training for managers as they support innovations Recognize innovations Limit the red tape

11 Performance Driven Compensation The top performers have a higher impact on the business results, and the compensation policy has to support top performers and motivate others to reach challenging goals HR needs to: Review and update all incentive schemes Design and spread the collection of sales best practices Update sales and hard skills training courses

12 Talent Development Young talents and high potentials are able to take over managerial and specialized job positions. They are the key know holders for the organization. HR has to: Design and promote internal talent development programs Incentivize employees to recommend talents for open vacancies Allow quick career moves for the top talents

13 Lean HR Processes Lean HR Processes make HR Department more responsive, cheaper and have a positive impact on the satisfaction of internal clients HR needs to: Introduce the regular HR Process Management HR Dashboards: Design, monitor and take actions Develop process management skills

14 Future of HR Management

15 Future of HR Management Continuing pressure to focus HR Management on pure value added HR Processes Continuing pressure to automate non-value added HR Processes and Procedures Simplification and introduction of lean HR Processes Supporting the business strategy and implementing growth oriented HR Strategies Technical skills and technical university graduates will be most demanded resources on the job market

16 Download

17 Download this presentation If you want to download this presentation, please, visit creative HRM by clicking on this link: Key HR Goals and Objectives 2013 The presentation is available in PDF format. The version in MS PowerPoint format will be available later during 2013.

18 Thank You

19 THANK YOU Visit crea,ve HRM for more informa,on about HR Management.