The Brave New World of HR | Oracle Human Capital Management (HCM)

Brave New World

The Brave New World
of HR: The top 10 learnings
from 2015



The best industry insights from the movers, shakers and key influencers to help you transform the role of HR within your business – in 2016 and beyond.

Anticipate change and stay one step ahead of your workforce

“Culture is only a source of value if it matches what the customer wants. HR should now anticipate what customers want and need, and bring that into the company”

David Ulrich, Professor of Business, The Ross School of Business

Keep Millennials happy and you’ll reap the rewards

“They will be the most high maintenance workforce in the history of the world, but they may also may be the most high performing”

Bruce Tulgan, Consultant and Author

But to do this you’ll need to create a more agile workplace

“Millennials expect accelerated responsibility and paths to leadership. They seek purpose in their work and they want greater flexibility in how that work is done”

Deloitte

Hire the right people – as they will have a big effect on those they manage

“In a study, those who had a bad manager had a 30% higher chance of experiencing a heart attack. It’s probably fair to say that who your manager is is more important for your health than who your GP is”

Peter Flade, Managing Partner, Gallup

Attract the best talent by being more appealing than your rivals

“46% of companies globally cite competition as the biggest obstacle in attracting top talent”
Oracle

Constantly innovate HR by integrating the latest technology

“Companies are increasingly using wearable devices to track employee health as part of their wellness programmes. For example, Oil giant BP distributed more than 24,500 Fitbit fitness trackers to staff in 2015”

Bloomberg

Only engaged, healthy workers can truly perform

“Wellbeing programmes should be mandatory for all business – it’s clear to see the ROI. The top objective of wellbeing is improving health as an indirect driver of productivity, morale and engagement”

Dame Carol Black, Expert Advisor on Health and Work, Department of Health

There’s a huge appetite for change on both sides of the appraisal process

“95% of managers are dissatisfied with the way their companies conduct performance reviews. Nearly 90% of HR leaders say the process doesn’t even yield accurate information”

CEB Study

Consign annual appraisals to the past

“Performance is an ongoing activity. It’s every day, after any interaction. Nobody’s going to wait for an annual cycle to get that feedback. Now it’s all about instant performance management”

Pierre Nanterme, CEP, Accenture

Better trained employees are more productive employees

“Investment in management training leads to a 32% increase in productivity”

Ann Francke, CEO, CMI and Dr Caroline Curtis, Head of Talent, Succession and Development, Santander