{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

World_Report_on_HR_Challenges_2010

World_Report_on_HR_Challenges_2010 - Creating People...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
Creating People Advantage 2010 How Companies Can Adapt Their HR Practices for Volatile Times
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
The Boston Consulting Group (BCG) is a glob- al management consulting fi rm and the world’s leading advisor on business strategy. We partner with clients in all sectors and re- gions to identify their highest-value oppor- tunities, address their most critical challen- ges, and transform their businesses. Our customized approach combines deep insight into the dynamics of companies and mar- kets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organiza- tions, and secure lasting results. Founded in 1963, BCG is a private company with 69 o ces in 40 countries. For more informa- tion, please visit www.bcg.com. The World Federation of People Manage- ment Associations (WFPMA) is a global network of professionals in people manage- ment. It was founded in 1976 to aid the de- velopment and improve the e ff ectiveness of professional people management all over the world. Its members are predominantly the continental federations which are made up of more than 70 national personnel asso- ciations representing over 400,000 people management professionals. For more infor- mation, please visit www.wfpma.com.
Background image of page 2
Creating People Advantage 2010 How Companies Can Adapt Their HR Practices for Volatile Times bcg.com wfpma.com September 2010 Rainer Strack Jean-Michel Caye Svend Lassen Vikram Bhalla J. Puckett Ernesto G. Espinosa Florent Francoeur Pieter Haen
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
© The Boston Consulting Group, Inc. and World Federation of People Management Associations, 2010. All rights reserved. For information or permission to reprint, please contact BCG at: E-mail: [email protected] Fax: +1 617 850 3901, attention BCG/Permissions Mail: BCG/Permissions The Boston Consulting Group, Inc. One Beacon Street Boston, MA 02108 USA
Background image of page 4
C  P  A   Contents Executive Summary 4 Global Trends in Managing People 7 How Executives View the Most Critical HR Topics 8 The Tide Turns in 2010 10 Practices of High-Performing Companies 12 Improvement Through Focused Projects 13 Do You Have the Right Future Leaders? 15 Leadership Talent Is in Short Supply 15 In Search of Homegrown Talent 16 Components of Effective Leadership Development 19 A Strategic Workforce Plan to Build the Capabilities You Need 21 How Far Out to Plan 22 Measuring Employee Performance 22 Building Flexibility in the Workforce 27 Flexibility Measures: A Longer Runway but Greater Lift 27 Cutback Measures: Quick Results but Big Downside 27 Tempering Harsh Measures with Up-Front Honesty 29 Using Effectiveness and Engagement to Stay Lean and Become Flexible 30 Developing Capabilities for HR to Partner with the Business Units 33 Identifying Gaps in HR Business Acumen and Consulting Skills 33 Identifying Gaps in Business Managers’ People Skills 35 Training and Development to Support Strategic Partnerships 36 Appendix I: Methodology 39 Appendix II: Executive Interviewees 40 Appendix III: Supporting Organizations 45 Note to the Reader 47
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}