What’s next in HR – A Global Perspective

Nisha hosted was a great panel discussion on IndiaHRLive and I had an opportunity to Listen to key insights from  Dr TV Rao, Jennifer McClure, and other panelists to understand their perspective on Whats next in HR ? I would like to share my views on the topic.

I anticipate a Future where

1. HR Function on the whole will get disrupted by Emerging Technologies.
2.  Industry will witness rise of mobile apps for HR Function.
3. HR Mobile Apps will enable and provide meaningful insights to HR & Business Leaders and enbale decision making with respect to  hiring, learning, compensation , engagement , retention, career development
4.  CEOs will be increasingly be interested in Org wide Talent Scorecards and Talent Dashboards.
5.  HR will get differentiated into Rountine HR Jobs and Strategic HR Roles  .
 6. Companies may outsource routine HR jobs like payroll, administration  however will place  People with Higher order skills eg Creativity, Design Thinking Mindset into Strategic HR roles for Organizational Development .


Future Ready WorkForce

Future Ready Workforce will constitute Individuals who are LifeLongLearners, who have the ability to learn, unlearn, relearn and reinvent themselves. Who are agile, and make  investment in self education and acquiring new skills.
Future ready workforce also mean networked and collaborative workforce. They know how to collaborate, create trust in virtual environment, reach out to experts across borders and locate expertise quickly at the tip of fingertips to create value for clients. 
Future ready workforce means individual employees may not have all the answers to client problems however have the skills to find the answers and reach out to experts.
Who knows what , who knows whom and who knows what you know  becomes utmost important , hence the value of networks.
Future ready workforce know how to manage work & get work done in a borderless economy.


Here is a story about how Albert Einstein was traveling to universities, giving lectures on his famous theory of relativity. One day while on their way to a university,

The driver said: “Dr. Einstein, I’ve heard that lecture more than 30 times. I have learned it by heart and bet I could give it myself.”

“Well, I’ll give you the chance,” said Einstein,

“They don’t know me at the next school, so when we get there I’ll put on your cap and you introduce yourself as me and give the lecture.” Einstein continued.

At the hall, the driver gave Einstein’s lecture so wonderfully that he didn’t make any mistakes.

When he finished, he started to leave, but one of the professors stopped him and asked him a question which was very difficult. The aim of the question was not gaining knowledge but embarrassing Einstein.

The driver thought fast.

“The answer to that problem is so simple,” he said, “I’m surprised you have to ask me. In fact, to show you just how simple it is, I’m going to ask my driver to come up here and answer your question.”!

Then Einstein stood up and gave an incredible answer to the question of that professor.

Moral of the Story: No matter how genius you pretend to be, there is always someone who is more genius than you despite his position.

 Source : Through a newsletter by Lakshmiprasad K K , IBMer

A Beginner’s Guide to Irrational Behaviour

This course by  Prof Dan Ariely, Duke University is recommended for all those who are interested to understand Behavioral Economics and nuances of decision making.
Behavioral economics couples scientific research on the psychology of decision making with economic theory to better understand what motivates financial decisions. In A Beginner’s Guide to Irrational Behavior, you will learn about some of the many ways in which we behave in less than rational ways, and how we might overcome our shortcomings. You’ll also learn about cases where our irrationalities work in our favor, and how we can harness these human tendencies to make better decisions.
Enroll for this Free course on Coursera , starts on March 11, 2014.
Source : https://www.coursera.org/course/behavioralecon