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September, 2012 |
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From Capability to Profitability: Realizing the Value of People Management A Scholarly Investigation of Generational Workforce Differences: Debunking the Myth Gartner's 2012 Hype Cycle for Emerging Technologies Identifies "Tipping Point" Technologies That Will Unlock Long-Awaited Technology Scenarios Expert Tips for Compliance and Managing Employee Data IHRIM Publications - Don’t miss the next two issues of IHRIM’s Workforce Solutions Review focusing on stories from Practitioners and WSR’s first ‘People’ issue! |
Event Calendar Reminder: All IHRIM Webinars - and webinar recordings - are Complimentary to Members September 19 Webinar: Content, Connections and Conversations: An overview and highlights of CORE, IHRIM's social community September 26 Webinar: Stories from the Market: Results of 2012 Towers Watson’s HR Service Delivery Survey Sponsored by Towers Watson October 10 Webinar: Behavioral Benchmarking - A New Perspective on Building Better Teams
October 23
October 24 November 14 Webinar: Highlights from the 15th Annual CedarCrestone HR Systems Survey Sponsored by Decusoft December 3-7, 2012: IHRIM's 2012 Global Forum Webinar Series
IHRIM’s
HRIP Certification Program - Exam Options to Fit Your Schedule! |
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From Capability to Profitability: Realizing the Value of People Management In the wake of the financial crisis, departmental budgets have increasingly been allocated on the basis of return on investment. For HR departments, quantifying the economic value of people management is a tricky proposition. Yet now is not the time for companies to skimp on their people expenditures. With the pressures of globalization, the growing scarcity of talent, and an employer-employee relationship frayed by persistent economic pressures, companies today—more than ever—must regard their human capital as an asset worthy of continual investment. There’s yet another compelling reason to remain committed to investing in people: companies that do so enjoy better economic performance. Those that excel in leadership development, talent management, and performance management, for example, experience substantially higher revenue growth and profit margins. For the companies that keep dedicating capital to their human capital, what is the nature of this connection? What are they doing right? The Boston Consulting Group and the World Federation of People Management Associations (WFPMA) recently conducted major research to probe the relationship between people management capabilities and financial performance. We surveyed 4,288 HR and non-HR managers on their current HR capabilities and challenges, the strategies and approaches they use to address these challenges, and the difficulties they foresee in attracting, managing, and developing people.
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Smart organizations are adopting social functionality to transform
business processes and early adopters are reaping benefits
By Lexy Martin, Vice President of Research and Analytics and Kim Lowery, Senior Consultant, CedarCrestone For the 15th annual CedarCrestone HR Systems Survey, with 1,246 respondents, we are focusing on providing insights on software-as-a-service solutions along with social, mobile, and analytics applied to HR technologies. The full survey will be out in early October. For IHRIM, we are carving out some early insights on “all things social.”
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A Scholarly Investigation of Generational Workforce Differences: Debunking the Myth “Generation Why.” “Words from the Ys.” “The Baby Boomer Exodus: Educating Those Left Behind.” “Recruiting and Managing the ‘Why?’ Generation.” “The Trophy Kids Grow Up.” “One Size Doesn’t Fit All.” “You Raised Them, Now Manage Them.” These headlines simply highlight some of the perceptions regarding generational differences depicted in the popular press today. A recent online search of the term “generations” within the business literature yielded more than 700 articles, of which 200 were located in peer-reviewed journals. Searching by specific generational terms such as “Gen Y,” “Xers,” or “Boomers” resulted in a list of over 10,000 articles, with as many as 1400 appearing in peer-reviewed journals. Why all the attention on this topic? Obviously, the face of the workforce is changing rapidly today. Perhaps for the first time in history, we have four different generations represented in the workplace. As they work side by side, is there cooperation and collaboration or misunderstanding and conflict? Do employees benefit from each other’s unique perspectives and life experiences or is there apprehension, concern, and suspicion? The popular press today contends problems abound as disgruntled employees from different age groups work together. |
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2012 Hype Cycle Special Report Evaluates the Maturity of More Than 1,900 Technologies Big data, 3D printing, activity streams, Internet TV, Near Field Communication (NFC) payment, cloud computing and media tablets are some of the fastest-moving technologies identified in Gartner Inc.'s 2012 Hype Cycle for Emerging Technologies. The Hype Cycle graphic has been used by Gartner since 1995 to highlight the common pattern of overenthusiasm, disillusionment and eventual realism that accompanies each new technology and innovation. The Hype Cycle Special Report is updated annually to track technologies along this cycle and provide guidance on when and where organizations should adopt them for maximum impact and value.
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Expert Tips for Compliance and Managing Employee Data Migrating to a cloud HR system is becoming increasingly attractive as organizations look to cut costs and meet changing business needs. This e-guide covers the key drivers behind the move to Software-as-a-service (SaaS) and cloud-based applications, as well as important considerations to keep in mind when evaluating your choices. Read on to learn how to craft a comprehensive request for proposal (RFP) and overcome ongoing compliance and management challenges. |
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Leading through Connections: Insights from the Global Chief Executive Officer Study How are CEOs responding to the complexity of increasingly interconnected organizations, markets, societies and governments — what we call the connected economy? To find out, we spoke with more than 1,700 CEOs and senior public sector leaders from around the globe. For some time now, businesses have been refining and optimizing their networks of suppliers and partners. They’re streamlining supply chains, creating massive back-office efficiencies and perfecting everything from just-in-time inventory to predictive merchandising. But something just as meaningful has been happening in the marketplace — the sudden convergence of the digital, social and mobile spheres — connecting customers, employees and partners in new ways to organizations and to each other. These changes put pressure on the front office to digitize and adapt but also create opportunities for the organization to innovate and lead. Leaders are recognizing that our new connected era is fundamentally changing how people engage. This shift is one reason why, for the first time since this CEO Study series began in 2004, technology now tops the list of external forces impacting organizations. Above any other external factor — even the economy — CEOs expect technology to drive the most change in their organizations over the next three to five years. |
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Your integration challenge is growing, expensive and must be addressed. By Brian Sommer, TechVentive, Inc. and Ann Blakely, Baker Tilly Virchow Krause, LLP Creating HR analytics, reducing hiring costs and building a great leadership pipeline might be on your to-do list. However, if your HR systems are highly fragmented and come from many different providers, you may have a problem. Moreover, it's getting worse. Read the article from the June/July 2012 Workforce Solutions Review. The online version of the WSR is provided to you as part of your membership dues. If interested in receiving the print edition for $29.50 per year, go to www.ihrimpublications.com. |
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New Book Release from IHRIM Publications “Heroic HR, a little book with BIG ideas” by Marc S. Miller is now available at www.ihrimpublications.com. HEROIC HR provides a quick, easy, lively and valuable treatise on how to ensure that the HR function in your organization is viewed as a Strategic Partner. Visit the website, read the reviews by leading HR professionals, then order your copy today. It’s a little book with some really big ideas that you can implement in your company. Workforce Solutions Review - Don’t miss the next issue of IHRIM’s Workforce Solutions Review and read the stories from HRIM practitioners. October/November 2012 Issue – “Practitioners” tell their stories in implementing and managing HR technology and process improvement initiatives. Their stories will target company outsourcing, talent management, company growth, the benefits of using external consultants (vs. in-house expertise). Key words for this issue are: Outsourcers, Talent Management Systems (SuccessFactors, Lawson, Decusoft,), implementation and system integration consultants (HR Solutions, Towers Perrin, Accenture). December 2012 /January 2013 Issue – This issue of WSR is laser-focused on People – the underlying success factor or poison pill of all technology and process initiatives. Feature articles include an examination of the importance of trust in an organization and the impact it has on organizational effectiveness and project success, a collation of CHRO interviews about their perspective on HR technology and how it has or has not added value to their companies, and an informative perspective on enterprise connectivity and how important those solutions are to “managers without borders.” Additionally, our columns present coverage about leveraging MBTI (Myers Briggs) analysis as part of your project management approach to improve the probability of project success, data privacy from the people angle – how it is perceived on opposite sides of the pond based on ideological differences and what that means to us as HRIS professionals, and an article exploring why people issues in communication and culture are magnified across international boundaries and how to mitigate them. There’s no lack of thought-provoking information provided – we hope you enjoy WSR’s first ‘People’ issue! If you would like to receive the print issue of Workforce Solutions Review for less than $5.00 per issue, log on at www.ihrimpublications.com and click on the “Subscribe Now” button under the cover of the magazine.
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To find out about becoming a sponsor of the IHRIM Wire, or other IHRIM marketing opportunities, contact Patty Huber at +1.512.310.9795 or phuber2@austin.rr.com.
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