Five Point Checklist for Developing Successful Workforce Strategies

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Focus on Talent

Utilize progressive technologies to bring employees together and provide easier access to information in a faster, agile and more user-friendly and effective way.  In today's workforce, diversity goes beyond differences in gender, age, ethnicity and cultural background. It also includes different skill sets, as well as types of workers, such as full-time, part-time, remote and contingent employees. Companies can accommodate an increasingly diverse workforce by pursuing strategies that encourage people to work together effectively in a simplified, more productive and engaged way.

Equipping workforces with the latest technologies that are aligned with the way workers across generations and skill sets choose to work can be beneficial. Progressive technologies, such as cloud computing and collaboration platforms, mobile devices and social networking, allow employees to join forces with people across all levels, inside and outside of the organization, and around the globe. This results in a more globally inclusive, open exchange of ideas where employees — regardless of their age, gender, ethnicity or job title — can participate and share ideas and achieve business outcomes.

The nature of work is drastically changing. The rapid pace of technological advancements, shifting demographic patterns, the switch to knowledge-based economies, and increasing pressures for innovation are all driving this transformation and defining the future of work. Business leaders are also mindful that what made them successful in the past will not necessarily make them successful in the future.

In order to be successful and stay competitive, companies must prepare for what the workforce will look like in 2020 and beyond. To understand the challenges and opportunities associated with the changing nature of work, last year Oxford Economics and SAP surveyed over 2,700 executives and more than 2,700 employees in 27 countries. The results show that many companies lack the structure, strategy, culture, solutions and resources to manage employees effectively. To succeed, they must address the role and relevance of people strategy, changing demographics and evolving definitions of work, leadership ability and cultivation, employee wants and needs, and talent development.

In this slideshow, Jewell Parkinson, head of Human Resources for SAP North America, shares a five-point checklist that executives can use to develop winning workforce strategies in this new era of work.

 

Related Topics : A Big Market for Big Data Jobs, Midmarket CIO, IT Management Automation, SharePoint, Technology Markets

 
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