HR of The Future: Shah M Saad Husain
HR of The Future: Shah M Saad Husain
HR of The Future: Shah M Saad Husain
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Contents
• What’s Up?
• The 6Ds of Exponential Growth
• New Technologies on the Horizon
• Technology & Workplace
• Why Changes are Required in HR Practices?
• Impact of Technology on HR
• HR of the Future
• HR Leaders of the Future
What's Up?
• This impact will be driven by an appetite for change……ahead of the curve, go with
the flow, or late in the game
• Democratized: Once products and services are digital, they go global and can
become ubiquitous.
The Impact Of Technology
TECHNOLOGY ADOPTION
– quicker than ever, the pace keeps accelerating
– dramatic increases in productivity
– accompanied by dramatic drops in price
• Google took 8 years to get to 1 billion market cap. Facebook took 5 years,
Tesla 4 years, Uber 3 years, Snapchat less than 2 years. Epic Games, the
company behind Fortnite saw its valuation skyrocket to 15 BUSD in just one
year. Who had heard of Bytedance (the company behind TikTok with a 65
BUSD valuation)?
•Workers have the ability utilize different skill sets by working for more than
one company.
• Human beings are productive assets managed thru systems and processes and
paid money in exchange for work
• HR takes away employee autonomy. The higher-ups decide what is best for the
employee based on who they want them to be.
• The world of ‘Benchmarking’- looking out for who is best in the market
and then trying to mimic them to ‘reach the benchmark.’
• The ‘old way’ of doing things is built •Operational and strategic workforce and
capability planning.
on the notion that a group of leaders
at the top of the organization devises
strategy. •Deep market research, it is the marketing and
sales of work as a new element in the marketing
mix.
• That strategy then translated into
supporting processes, like •The build-up of an agile workforce in a
performance management, talent combination of on- and off-payroll workers, both
acquisition, workforce planning, virtual and onsite and heavily “datafied.”
leadership development, succession
planning, all underpinned by an •Agile teams, the design of EX-centered
enterprise resource system. interventions that facilitate how this work gets
done.
• Employees are a cost factor that needs
to be optimized for productivity. •Agile is not a method to be followed, but rather a
mindset that leads to new working culture.
relationship with the Infinite, Eternal Creator, the Purpose of Life – IMAAN!
Selected Readings
Selected Sources
• Abundance360
https://www.diamandis.com/abundance-digital
• Singularity University
https://su.org
• Josh Bersin
https://www.joshbersin.com
• McKinsey Insights
https://www.mckinsey.com/featured-insights
• CB Insights
https://www.cbinsights.com
Selected Sources
• MIT Sloan Management Review
https://www.sloanreview.mit.edu
• Wired
https://www.wired.com
• Techcrunch
https://techcrunch.com
• Accenture / Fjordtrends
https://www.accenture.com/us-en/insights/digital/
• fjord-trends-2020
• Benedict Evens
https://www.ben-evans.com/presentations