human capital management Archives - 麻豆原创 Australia & New Zealand News Center News & Information About 麻豆原创 Wed, 16 Aug 2023 19:06:41 +0000 en-AU hourly 1 https://wordpress.org/?v=6.9.4 Is The Way We Work Changing? /australia/2021/10/28/is-the-way-we-work-changing/ Thu, 28 Oct 2021 04:16:27 +0000 /australia/?p=5150 With these advancements in technology, the ways that we work have evolved, and in a lot of ways, we could say that the future of work is already here.

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My first job was as the gymnastics coach. Your first job sticks with you, or at least mine did. It teaches you life lessons like time management, commitment, worth ethic, and money management.

What was your first job? Did you deliver? Newspapers? Babysit? mow lawns? Or work at the shops?

While I remember the smiling faces of the kids I got to work with, I also remember the frustration. Filling out a paper timesheet so I got paid on time, reviewing my schedule on a whiteboard, and picking up a physical check. These paper-based tasks led to inefficiencies, and I knew there must be a better way.

Bringing us back to 2021, we鈥檝e certainly come a long way. Hopefully, your timesheets are automated, your scheduling is digitised, and – do checks even exist in Australia anymore? Our smartphones, watches, voice assistants, computers, and myriad of devices ensure that our daily lives and movements are tracked. Recommendations for being more efficient are made at each moment. We鈥檙e now able to operate at a different pace.

With these advancements in technology, the ways that we work have evolved, and in a lot of ways, we could say that the future of work is already here. We鈥檙e humans and we’re constantly looking at what’s going to happen next, and that’s where the future of work truly comes in.

At 麻豆原创, we know that the way you work is constantly changing which is why we鈥檙e consistently looking at what the future of work means. Laptops outsold desktops for the first time in 2005, in 2015 麻豆原创 launched , and in 2020 virtual conferencing finally became more popular than traveling.

But as we shift beyond the now 鈥 what does our future hold?

First, we see people and computers working together with human computer augmentation. We’re putting resources into your hands for how to make better, smarter, faster decisions. No longer do you have to wait days for the reports that you need to find out the information about how your business is running.

The information you need to make real-time decisions for your business and keep you moving at scale is ready now. And nothing was more evident than when we had to transition an entire organisation from working in offices to working at home. Your teams are now made up of two things human intelligence and . These AI-Powered Superteams allow everyone to take the best role possible.

Transforming How We Work

Next, we see a transformation in where we work and whom we work for. People resources continue to be scarce, and we see a drive away from the traditional 9 to 5. The shift towards project-based hiring requires new approaches. We need to shift from billing for people in seats to delivering on organisational outcomes. Similarly, in COVID-19 we saw a massive flight out of cities. People are looking for business to move with them. This opens opportunities to connect people beyond geographies. This Jobful Future creates a collaborative structure where each contributor is equally valued, and each person feels deeply connected to solving the problem brought about.

Traditionally, we talk about diversity as having different genders, country of origin, age or identity. This leads to counting up differences, now our goal is to create work environments so people can Inclusively Belong. Beyond a simple checklist, inclusivity means we are acting to learn from the experiences that our differences harness.

In 2020 surveyed a cross sectional group of people and found that 1 in 5 identify as 鈥淎 Passionate鈥. care not only about what businesses are providing but how they provide it. Across all topic areas, The Passionates require businesses to take meaningful action, and they are vocal about the change they want to see. As these groups enter boardrooms, they mandate social action, and businesses that don鈥檛 anticipate this change will be left behind. Inclusivity is paramount for any organisation in the future.

Finally, the biggest change we will feel in the shortest amount of time is how we react to recovering the 114 million jobs lost during the COVID-19 pandemic. These are some of the most conservative numbers for what 2020 looked like. For so many people this disruption was pervasive, many of these roles will revive like hospitality, entertainment, and transportation.

But in other industries will build back digital. The jobs that exist in the years to follow COVID-19 are ripe to be dramatically different than what we see today. There are new roles for people to connect networks, become the manager of our AI teammates, move outside a major city, and bridge the gap between a physical and digital world.

Organisations need to prepare to upskill staff, support new types of workers, create different ways of connecting to work, and realise the power of AI to adapt to the Future of Work.

Check out across Australia and New Zealand to find out more about how 麻豆原创 is creating the Future of Work.

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The Future of Work – The Human Factor /australia/2021/03/16/the-future-of-work-the-human-factor/ Tue, 16 Mar 2021 01:56:47 +0000 /australia/?p=4718 While the COVID 19 pandemic demonstrated that many organisations great and small could in fact accelerate digital adoption for their customers and employees alike, successfully tackling some of the technological aspects of the future work, the human element still often considered ancillary is equally critical.

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It is commonly accepted that technology plays a key role in the future of work, for example, (RPA) and (AI) are changing the nature of work by reducing demand for various manual tasks and basic cognitive skills, while increasing demand for technological skills and higher cognitive skills such as creativity and social and emotional skills that machines cannot master today.

While the COVID 19 pandemic demonstrated that many organisations great and small could in fact accelerate digital adoption for their customers and employees alike, successfully tackling some of the technological aspects of the future work, the human element still often considered ancillary is equally critical.

What are the Human Factors that organisations need to consider?

Well-being and belonging and ethics were ranked at the top of , with 80 percent and 79 percent of organisations, respectively, considering them fundamental for their success. Recent suggests that these factors are valued even more today post-pandemic; With well-being and belonging falling under the 鈥榩urpose鈥 umbrella, companies must try to embed meaning into every aspect of work, every day.

And ethics under the 鈥榩erspective鈥 umbrella, embracing an orientation that focuses on creating future, as well as current value, suggesting companies must pay careful attention to facilitating standards of behaviour and interaction to generate social cohesion, build shared trust and be more cognisant of choices on organisational norms and culture.

Recent research also suggests that remote work in some capacity will remain as an irrevocable consequence of the pandemic, having some employees work outside the office will require reinventing processes and policies reflecting the increased autonomy and flexibility, changes include leveraging small, independent teams, changes to performance management and learning strategies and associated investments and even investments in physical office space as leases expire.

Prior to the pandemic, identified five main types of actions that companies will need to take to build the workforce of the future: retrain, redeploy, hire, contract, and release.

Retrain – Raise the skill levels of employees by teaching them new or more advanced skills.

Redeploy – Shift parts of the workforce by redefining work tasks or redesigning processes.

Hire – Acquire individuals or teams with the requisite skills, increasing the workforce.

Contract – Leverage external workers, such as contractors, freelancers, or temporary workers.

Release– Remove skills not needed by freezing new hiring, waiting for normal attrition and retirement, or, in some cases, laying off workers.

Clearly, building successful workforces of the future will require Leadership and Human Resources to adapt, including a change in mindset and talent strategies to orchestrate the changes. But even with a change in mindset and recognition of the human factors that will shape success in the future:

How do organisations formulate and execute these strategies?

This is the intersection with Technology, business leaders should be considering human capital and technology together not separately. Human experience solutions that allow employees to engage, learn, and connect easily, provide continuous feedback supporting measurement of employee sentiment; And collect and aggregate both qualitative and quantitative data from the many multiple sources both within and external to the organisation and present it as metrics that support actionable insights are crucial.

Organisations of the future must link both the People and Finance perspectives in all mission-critical decisions, operations, and planning. 鈥樷 outlines how 麻豆原创 solutions can support your organisation to better adapt to the new ways of working. For more Future of Work perspectives please on 24th March.

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