Five Point Checklist for Developing Successful Workforce Strategies

Email     |     Share  
1 | 2 | 3 | 4 | 5 | 6 | 7
Next Next

Make Culture King

Long-term, sustainable success is built on a thriving culture where people feel inspired to innovate and are connected to the greater purpose. As the workforce continues to change, it is up to businesses and leaders to create a dynamic environment that leverages new technologies and platforms that enable individuals to contribute with their full imagination, creativity and passion every day.  

Engaging a dynamic workforce requires powerful leadership and the ability to "walk the talk" to tap into individual passions and values. Employees of all ages and levels want to feel proud of their work and take part in something bigger than themselves and the company. This is why corporate social responsibility is becoming a fundamental part of increasing employee engagement. Individuals are developing a stronger sense of social responsibility, and want to work for organizations that offer a chance to participate in programs and support social causes that will make their work more meaningful. Strong cultures are essential to success.

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

 
More Slideshows

NETSCOUTShadowIT0x 6 Tips for Combating Shadow IT Once and for All

To mitigate the risks of shadow IT, organizations must demonstrate the necessary agility and high quality of complex service assurance that users are looking for. ...  More >>

IT_Man85-290x195 Business in the Front, Balance All Around: Working with Gen Z

In order to attract Gen Z talent, employers will need to take into account that this group of the workforce may expect a different set of benefits. ...  More >>

KavaliroITSkills0x 5 Essential Skills for the IT Leader

Successful IT leaders have to have very specific skills, but still know how to run a team, meaning they must master the so-called soft skills that are not taught formally. ...  More >>

Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.