In: Economics
Human Resources Development.
Question 1
Read the article below and answer the questions that
follow.
Interview article: “Millennials” The Architects of Employee
Experience
Mike DiClaudio, Principal Advisory at KPMG, explains to readers why
millennials, the original “digital natives” are pioneering the
Employee Experience in organisations and how artificial
intelligence (AI) is becoming an inevitable part of modern HRTech
toolkit. Mike is an expert across the full HR value chain,
including strategy development, organisational design, technology
selection and implementation, and, overall HR transformation.
HR Technology has historically been organisation-centric. With
“consumerization” of the workplace, how do you see technology
addressing unique employee needs?
Our relationship with technology doesn’t end when we walk into
work, so as digitization happens in the marketplace, employees will
expect that technology at work will be simple and intuitive, no
matter where they are. Technology specific to Human Resources will
help business and HR leaders improve current and prospective
employees’ experiences in a variety of ways, including speeding up
the recruiting process, improving training and development
opportunities, and fostering greater collaboration and
productivity. Most important, it will help employees complete their
jobs more efficiently, especially as AI, intelligent automation and
connected devices become more integrated into the workforce.
Where do most organisations sit on the employee experience maturity
curve? Why is that?
Many organisations are starting to see the importance of the
employee experience, but there is still work to be done. Improving
their overall brand is no longer enough to attract talent. A shift
has been occurring in the workplace since millennials entered the
workforce, and it’s continuing as millennials comprise more
managerial positions while Gen Z takes entry-level positions.
Understanding the shifting expectations requires businesses to not
only evaluate this from an organisational perspective, but, keep
the approach human-centric. They must listen to their employees so
they can implement the programs, training and experiences that will
not only attract talent, but retain them over time.
Employee experience is set to be the new competitive advantage. How
can employers leverage AI to fuel differentiated employee
experiences?
Employers can leverage AI to create differentiated employee
experiences in a variety of ways and we expect to see more
possibilities as the technology evolves. Three immediate ways we
see AI impacting the experience are to develop personalised
compensation packages based on an employee’s role, preferences, and
productivity; uncover insights on workplace trends and challenges,
which can then be used to create stronger rewards programs.
Organisations need to start by defining the moments that matter to
the employee most and enhancing these experiences at the critical
touchpoints that influence what employees think and do.
Alternatively, when companies uncover friction points across the
employee lifecycle, these often are opportunities to think about
their technology strategy and where they may be able to leverage
capabilities to improve the experience – whether this is digital,
social or environmental. Embedding AI into a company’s unique
Employee Value Proposition is no longer an option, but required, to
not only deliver on the talent brand, but drive engagement.
How is the enterprise work culture changing in response to the
needs and demands of generational groups like Millennials and Gen Z
and what role do you see technology playing to engage them more
meaningfully?
Millennials and Generation Z (Gen Z) are digital natives,
accustomed to convenience and desire by meaningful experiences.
They bring these same expectations to the workplace. Just as they
will abandon their shopping cart if the checkout process is too
complicated, millennials and Gen Z will look for up-to-date and
intuitive technology within the workplace. New technology can help
with something as simple as offering online training and
development, and as complex as eliminating “busy work” through
automation. By using technology to eliminate menial tasks,
employees will be elevated to more strategic responsibilities and
thus, more engaged.
How does business culture, including HR, need to evolve to
accept the full promise of predictive workforce?
Employees at every level of an organisation will need to embrace
the idea that advanced technology will change the way they work,
but, will not replace them. In fact, KPMG’s 2018 Global CEO Outlook
survey reveals that 62 percent of respondents said AI and robotics
technologies will create more jobs than eliminate them.
Additionally, employees will need to understand how technology will
enable them to focus on outcomes rather than tasks. For example,
automating the candidate sourcing could cut the process down from
three days to 10 minutes, giving HR leaders time to focus on other
things that could add value to their organisation like developing a
new performance management technique or onboarding process. These
opportunities will allow employees to reinvent and diversify their
career paths, and ultimately position them for more dynamic work
experiences..
How can smaller companies leverage technologies like AI and ML
to punch above their weight when it comes to their employees?
Technologies like AI and machine learning help businesses work
smarter. Smaller companies that may have fewer resources can
benefit from these in offering more personalised compensation
packages and strengthening their rewards programs. Furthermore, AI
can help these companies find candidates who are a better fit for
open positions, saving them time and resources in interviewing
prospective employees.
What are some of the biggest pitfalls you see organisations
making when executing their employee experience strategy?
One of the major hurdles is understanding just how crucial the
employee experience has become in attracting and retaining talent,
and that it is an evolving journey. Trends and technology will
change, and with the employee experience should evolve with
that.
HR leaders need to look beyond an employee’s function in the
organisation to the totality of their experience. From hiring and
onboarding, to manager and team dynamics, to how they perceive
company culture, and more, every touchpoint plays a critical role
in shaping an employee’s experience. Big data and AI will help
paint this picture for executives so they can better attract,
understand and retain employees.
What are the essential skills for HR leaders in the digital
age?
HR leaders in the digital age will have a more holistic
understanding of technology’s impact on the employee experience.
This ranges from using technology to help recruit candidates, to
suggesting tools to make an employee’s job more efficient. As these
skills evolve, there will be new specialist positions; for example,
what I call the “Workforce Shaper.” The person in this role will be
responsible for understanding the talent a business needs to
succeed and the best way to fill this role with human talent, both
permanent and flexible, and with technology solutions. Equally
important, the “Employee Experience Architect” will work
hand-in-hand with the Workforce Shaper to build an experience that
meets the real-time demand of the organisation’s workforce.
Source:
https://www.hrtechnologist.com/interviews/culture/millennials-the-architects-of-employee-experience/
1.A. Strategic HRD plans must be flexible enough to accommodate changes in the environment. Keeping this in mind, discuss the implementation of strategic human resource development for your organisation (or an organisation of your choice), factoring in the increasing presence of millennials, as inferred in the article.
1.B. As these skills evolve, there will be new specialist positions; for example, what I call the “Workforce Shaper.” The person in this role will be responsible for understanding the talent a business needs to succeed and the best way to fill this role with human talent, both permanent and flexible, and with technology solutions. With reference to advancing challenges described in the article, discuss the relevance of talent management and its processes for your organisation (or an organisation of your choice).