HR Trends of 2018
Driven by the push for cognitive digital experiences and fueled by technologies like Artificial Intelligence, Internet of Things, Block Chain, API economy, and Chat-bots, HR Organizations across the world are set to play key strategic roles, whilst re-defining the way HR functioned Hitherto.
We have compiled for you a list of future HR and HR Tech trends as envisioned by thought on the direction of future HR functions and technology.(Courtesy : HR Tech disruptions 2018 report by Bersin)
- From Human Workforce to Augmented workforce:With the advent of AI, the future workforce will involve a blend of machines and people working together to achieve organizational goals. The HR function will re-define HR strategy in talent acquisition, performance, rewards/recognition and well-being to cater to the new era of No-Collar Workforce of human and machines working together
- From Job Descriptions to Hybrid Roles and networked team structure: The organization of the future will have lucidly defined roles, where teams will come together, collaborate and work (even remotely) to achieve an organizational goal rather than the rigidly defined roles and hierarchy of today. The Gig Economy will take off
- Talent Management to Team Management: The focus will shift from Talent management as we see it today to holistic management of Work and team, enabling functioning of smooth teams.HR will hone their capabilities on ONA (Organizational Network Analysis) to help develop efficient work networks. This is a direct fallout of moving from effectiveness and efficiency towards speed, agility and innovation
- Performance Appraisal to Engagement, Feedback and Recognition: The trend of moving towards a continuous performance mechanism from yearly appraisals will see further momentum as leaders will act more as coaches, providing regular feedback and appropriate immediate recognition. HR Technology will tailor their products to cater to continuous feedback, giving rise to cognitive coaches
- Wellness to Well-being to Performance: The focus will move from just physical health and insurances benefits or psychological health to in-depth facilitation of work-life balance through policies like flexibility, predictability, performance enablers, in house wellness facilities etc
- From a single unified HR system to a core HR system integrated with HR tools: The new Sierra-Cedar study of HR technology shows that the average large company now has almost 7 HR systems of record (up from about 4.5 last year), showing a proliferation of new tools. The future HR IT focus will enable a set of interesting HR tools to be integrated with a core HR system (More on this in the upcoming article)
- Training to AI Based micro learning: As employees will require learning new skills and up-skill or crossing skill to meet the fast pace at which things are changing, micro learning will play a vital role.
Source:
Sr. Executive Relationship Manager at UKG
6yCheck out the "Performance Appraisals to Engagement, Feedback, and Recognition" point. This is the high level trend with which TMBC was created and operates from. Eddie Rayborn Jr.
President at P3 Cost Analysts
6yIn Human Resources you've really got to practice what you preach! Thanks for sharing.