prepared especially for PWSHRM By Dalton Alliances, Inc. /franciedalton 2020: Domestic robots = norm 2013 2030: Driverless vehicles = norm 9/13 2050: Nanobots perform surgery 2035 as projected in 2011 vs 2013 Which two haven’t yet been successfully produced via 3D printing? Guns that can be successfully fired Vaccines that can then be self administered Fresh meat for human consumption Fully functioning human ear Stay informed so you can anticipate Workforce Stats Implications for U.S. Business Navigating Your Perfect Storm 2013: Degreed workers < demand by 6M 2025: Degreed workers < demand by 16 M Bureau of Labor Statistics GRADUATE AGE U.S. RANK 25-34 7th 25-34 16th as reported by OECD in 2011 vs 2013 By 2020 • • • 20% or more of all employees will need Bachelor Degree or higher 3% will need at least 5 years experience 21% will need moderate/long term OJT OECD 2011 Your inputs/suggestions must be: Data Based Ask “What’s so?” Develop a clear statement of current state Mentoring Budget Succession Planning Competing priorities Opportunity costs Slow/unclear benefit Ask “So what?” Develop a clear analysis of implications Quantitative issues Intense competition Qualitative issues T&D: critical Few age 30 to 49 Few Expert Mgrs Physical/technical jobs automated Remaining jobs will be “high touch” Towers Perrin; Gallup: current state and implications Quantitative Deficits in Labor = - Fewer Products/Services Qualitative Deficits in Labor = - Eroded Execution - Erosion of Competitive Advantage - Sustainability Ask “Now What?” Vox Inclemente Toxicity Disengagement Wait for others to act ~OR~ Reorient your thinking/approach S+R=O Situation + Response = Outcome Navigating the Perfect Storm Mistakes Margins Missed Opportunities Demonstrate Shared Concerns Anticipatory Gathered Data Asked What’s so?; So What?; Now What? Demonstrated Shared Concerns But…. Absolutely Wrong Package your recommendations for acceptance By each relevant party/key stakeholder Workplace Passion ≠ emotionalism Excavate Potential Radial Impacts of your Recommendations B E F O R E Presenting Them! Be willing to USE TOOLS How to perpetuate/ensure the undesirable How to Perpetuate C-level Refusal to Allocate Sufficient Funds for Training/Development? I M P O R T A N C E highly important easily achieved D I F F I C U L T Y Use charts/graphs so you T A L K less! I M P O R T A N C E Highly important Easily achieved Position re: Opportunities? Position re: Vulnerabilities? D I F F I C U L T Y Assess opportunities and vulnerabilities AND Organizational position to capitalize/neutalize THEN Determine need for reprioritization Volunteer required! Recalibrate your Delegation Grid Quarterly Perpetually mindful of: current/desired states per C-level concerns positioning re: opportunities/vulnerabilities packaging your approach to relationships calibrating time deployed to highest value prepared especially for PWSHRM By Dalton Alliances, Inc. /franciedalton
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