Wonder which kind of investments to make in 2015?
Taking together the workforce trends in 2015, Weekdone (https://weekdone.com) has compiled 3 workplace investments that will pay off:
1. Investment in development plans to make leaders VUCA-capable
VUCA:
• Volatility - Anticipating and reacting to the speed of change.
• Uncertainty - Acting decisively without always having clear direction.
• Complexity - Navigating through chaos, and confusion.
• Ambiguity - Maintaining effectiveness despite constant surprises
2. Investment in big data to get insights into employees
In 2015 managers will increasingly interpret data relating to employee retention & performance, and use it for decision-making.
3. Investment in social technology to collaborate efficiently
1 in 5 online hours is spent on social networks - increasingly via mobile devices.
72% of companies surveyed use social technologies, 90% of these report business benefit from them.
Learn more: https://weekdone.com
2. 1. Investment in development
plans to make leaders VUCA-capable
V
VC
UA
Volatility
Complexity
UncertaintyAmbiguity
Anticipating and reacting to the speed of change.
Navigating through chaos, and confusion.
Acting decisively
without always
having clear
direction.
Maintaining
effectiveness
despite constant
surprises
VUCA
4. VUCA-capable leaders are
Organizations with highly rated
leadership development programs are
3.5x
more likely to be
promoted
3x
more likely to be in
top 20% in revenue $
8.8x
more likely to have
quality leadership
7.4x
more likely to have
engaged leaders
QUAL
ITY GUARA
NTEED
5. What to do?
Focus on developing these skills:
managing and introducing change
building consensus and commitment
inspiring others toward a challenging future vision
leading across generations
8. What to do?
Invest in people with deep technical and analytical expertise
now. By 2018, there will be a shortage of over 140,000-190,0000
professionals with these skills.
Invest in data mining technology that can provide predictive
patterns into employees.
9. 3. Investment in social
technology to collaborate efficiently
72%
companies use social
technologies
90%
report business benefit from
them
1 in 5 online hours is spent on social networks - increasingly via
mobile devices.
Fun fact: It took TV 13 years to
reach 50 million people and
internet 3 years, Facebook just 1
year and Twitter 9 months.
10. $ 1 trillion could be unlocked by social technologies
$345 billion from product development
$230 billion from improvements
in business support
$500 billion from marketing, sales
and after-sales
$ 1,000,000,000,000
}
2/3 30%28 h
of this value creation
opportunity lies in
improving
communications and
collaboration:
weekly spent on
e-mails, searching
and collaborating
internally
could be saved
by moving to
a social platform
11. What to do?
Try these tools:
* weekdone.com - to gain insights into your team and
communicate with team-mates
* skype.com - for video conferencing and chatting
* yammer.com - to turn your company into professional
facebook
12. Weekdone.com - employee progress reporting and internal
communications tool. Always know team-members' plans and
achievements. Publish objectives and see how your team is
moving towards them.
Resources:
Meeting Tomorrow’s Business Challenges, Global Leadership Forecast 2014|2015
[http://www.ddiworld.com/resources/library/trend-research/global-leadership-forecast-2014]
McKinsey's 2012 Social Economy report
IBM Big data and information management [http://www-01.ibm.com/software/data/bigdata/]
CedarCrestone, HR Systems Survey [http://www.cedarcrestone.com/serv_research.php]
World Economic Forum
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company/weekdone
@weekdone