8 Keys to a Better Employee Experience
3 likes2,319 views
This document discusses strategies for improving the employee experience through talent management. It identifies the main challenges companies face as talent recruitment, retention, and management. It recommends that companies transform their HR function by promoting an emotional culture and creativity, developing leadership, leveraging new technologies, extending relationships with talent, promoting diversity and inclusion, and developing the adaptive capacity of human capital. Specific strategies include encouraging an emotional culture, unleashing creativity, updating the role of the HR leader, and developing digital leadership.
8 Keys to a Better Employee Experience
- 1. TALENT MANAGEMENT 8KEYS TO A BETTER EMPLOYEE EXPERIENCE
- 2. TALENT MANAGEMENT What are the main challenges facing companies today? cite talent (including talent recruitment, retention, commitment, development and management). 28%
- 3. TALENT MANAGEMENT point to digital transformation and managing the change that goes along with it. 20%
- 4. TALENT MANAGEMENT Whatmeasuresaremost commonlyusedto respondtothem? Adjust the compensation and benefits program: 15% Invest in innovation: 11% Promote training plans: 10% Implement a strategic digitalization plan: 10%
- 5. TALENT MANAGEMENT Transformation of the HR function To successfully compete for the best talent and human capital, companies must improve the "employee experience" through a series of measures that fall into three main areas: Promoting an emotional culture and creativity Leadership development
- 6. TALENT MANAGEMENT TRANSFORMATION OF THE HR FUNCTION Move HR from a fixed format to one that can adapt to the changing needs of the business. This requires flexible practices for managing people and a familiarity with their resources and abilities. Develop the adaptive capacity of human capital 1
- 7. TALENT MANAGEMENT In addition to reducing costs and improving decision- making by identifying the practices and models that create the most value, people analytics tools can also enhance the employee experience via personalization. Leverage new technologies 2 TRANSFORMATION OF THE HR FUNCTION
- 8. TALENT MANAGEMENT 3 Extend relationships with talent Create networks of current and ex-employees to maintain contact over time. This expanded network can be useful for future collaborations or as a source of information. TRANSFORMATION OF THE HR FUNCTION
- 9. TALENT MANAGEMENT Diversity must be accompanied by an inclusive culture, with a friendly work environment and equal opportunities for all. Mixed teams and transparency in promotion and compensation are also ways to encourage inclusion. 4 Promote diversity and inclusion TRANSFORMATION OF THE HR FUNCTION
- 10. 5 TALENT MANAGEMENT PROMOTING AN EMOTIONAL CULTURE AND CREATIVITY Encourage an emotional culture An organizational culture that emphasizes compassion and kindness not only boosts productivity, it also improves the employee experience.
- 11. TALENT MANAGEMENT Employees must feel that they can take risks without fear of failure. To achieve this, it is essential to foster a creative, integrative and collaborative culture. Unleash creativity 6 PROMOTING AN EMOTIONAL CULTURE AND CREATIVITY
- 12. 7 TALENT MANAGEMENT LEADERSHIP DEVELOPMENT Update the role of the HR leader Given the growing flexibility in professional careers today, the role of the HR leader increasingly resembles that of a mentor who advises employees on their career paths.
- 13. 8 TALENT MANAGEMENT Digital leaders understand how new decision-making tools can help them lead people. They also turn to technology to listen to their employees and respond to their requests effectively. Develop digital leadership LEADERSHIP DEVELOPMENT
- 14. More information is available in the 2018 study on strategic agility through human capital, by IESE's Marta Elvira and Paula Apascaritei. Visit ieseinsight.com