Frederick Taylor’s ideas of “scientific management” caught the business world’s attention in the early 20th century, at a time when industrialisation and large-scale production technologies were being adopted.
As we approach the start of a new calendar year, some of the best people in Asian companies are already preparing to embark on a new adventure with a different company.
Their current employers just don’t know it yet. The talent exodus after a large annual bonus payout -- typically around the lunar new year -- is a common phenomenon.
Topics: HR analytics
You may have already noticed it, subtle changes in your office space allowing you to concentrate more. Your boss being that little bit more concerned about your professional growth. Maybe it's also gotten just that bit easier to get your application for time off approved 2017 has seen people analytics arrive "with a vengeance": this year, 69% of companies studied have been actively taking steps to improve the way they look at people data, compared to only 10-15% before.
If managers are able to effectively analyze and predict staff needs accurately, making the office environment more productive, improving career development, and implementing human resource processes should become much easier.
The increasing adoption of human resources (HR) software has helped streamline the data analytics process and expedite “social connections” by providing management with the speed to act on these real-time and actionable insights.
With this as a strong foundation for progress, 2018 promises to have some radical changes to the HR landscape.
[This post was originally published in Forbes on 9 Jun 2017]
Do you know that actively disengaged employees cost the U.S. between US$450 billion to US$550 billion each year in lost productivity? According to a Gallup report, they are more likely to steal from their companies, negatively influence their coworkers, miss workdays, and drive customers away. It all comes down to the lack of employee engagement.
This post was first published in Forbes on 16 Oct 2016.