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LOOKING INTO THE CRYSTAL BALL: THE FUTURE OF HR Presented by: Karen Coffee (Nearly Retired HR Practitioner). “WITH SOME PEOPLE, WISDOM COMES WITH AGE; WITH OTHERS, AGE COMES ALONE” . INTRODUCTION. Future path for the HR function Future role for the HR practitioner.
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LOOKING INTO THE CRYSTAL BALL: THE FUTURE OF HRPresented by:Karen Coffee(Nearly Retired HR Practitioner)
“WITH SOME PEOPLE, WISDOM COMES WITH AGE; WITH OTHERS, AGE COMES ALONE”
INTRODUCTION • Future path for the HR function • Future role for the HR practitioner
WHARTON SCHOOL OF BUSINESS • HR as Casting Director • HR as Global Dealmaker • HR as Caregiver • HR as System Integrator
STEPPING BACK A DECADE • First half of decade: Caregiver • Second half of decade: System Integrator
5 FUTURE ROLES FOR HR (Steve Bates) • CFO for HR • Internal Consultant • Talent Manager • Vendor Manager • Self-Service Leader
WHARTON SCHOOL OF BUSINESS • System Integrator is least likely in 2015 • Casting Director is most likely in 2015
DAVID ULRICH • “HR departments will become smaller. Some HR will and should go away. In its place, will be a leaner, refocused cadre of professionals who put the business first and foremost.”
ELEMENTS OF TRANSFORMATION • Key stakeholders feel that their interests are considered • Before and after data /evidence is available to demonstrate the value of what is created • Invest in skill development to fit people into new roles and rebuild psychological contracts
CHALLENGES • Not all key decision makers share the same vision • Generational issues • Scarcity of business-centered transformational talent to fill demanding posts • Strengthen the will of line managers to become more effective people leaders • HR must embrace that change is inevitable
COMPETENCIES OF THE FUTURE • Wharton School: strategic thinking, talent management, business acumen • IPMA: HR expert, change agent, business partner, leader • Other researchers: organizational design, utilization of technology, project management, evaluation and measurement, proven integrity
POSITION YOURSELF FOR THE FUTURE • Business classes • Differentiate yourself, eg. Professional certification • Master the holy grail of demonstrating value, improving productivity • Visit your customers; understand their needs • Find a mentor
DAVID ULRICH • “HR is dead. Long live HR.”