FGP: The New Normal

CHANGECHANGENEW NEW NORMALNORMAL

is theis the

Presented By:

Lisa Slayton, M.S. HRM, CEG, Consultant

“Those that choose to build their present out of the images of the past will miss

the opportunities of the future.”

-- Winston Churchill

Technology and Innovation…

… They ARE the evolution.

• It took 38 years for the invention of the radio to reach millions of people

• It took 13 years for TV to reach a mass of 50 million people

• It took 4 years for the PC to reach 50 million people

• A video on YouTube can reach over a billion people in a matter of seconds

• The average 21 year old has spent 20,000 hours or 833 days watching TV

• 10,000 hours or 416 days playing video games

• 10,000 hours or 416 days on the cell phone

• Has sent over 250,000 emails and texts

Today Everything is Faster and Better

• The past 2 years have seen the equivalent of 10 years of change

• The next 10 years will see the equivalent of 100 years of change

• What can we expect in the next 2 – 10 years?

In the Year 2020 We DO Know:

• Leap Year

• Olympics – 32nd year

Future Predictions

• 7.43 Billion People

• Average person changes jobs 11 times by 38 years of age

• 60% of workforce doing jobs not yet created in industries that we haven’t yet begun to imagine

• Largest English speaking country in the world will be China

• Keyboard and the mouse will be dead

• Robots – learn and repeat any task in 90 seconds

Future Predictions

• Conducting business online using personal avatars

• We will be growing replacement skin and bones

• 25% of all cancers will be tamed

• Computers will be fast enough to mimic the brain

• 3D printing

• The first person to live to 300 is already alive

• Zillions of devices will be wired to the Internet

One Fact Remains

No matter what industry we’re

in, we will be

impacted by change!

No matter what

industry we’re

in, we will be

impacted by

CHANGE!

What are the Implications?

• For our businesses?

• For our marketing?

• Our logistics?

• Our staff?

• Our bottom line?

The time to ask questions is not

in the future. IT IS NOW!

The Future – Not a Continuation of the Present

Present

Future

1946Present

1946

1970s

1980s

1990s

2001 2003

2008

2010

REALITYREALITY

PERCEPTIONPERCEPTION

Future

Source: Carolyn Corbin, Leadership 4.0

Business Trends – Envisioning the Future

• Climate Change

• Science and technology producing massive changes

• Globalization

• Alternative energy

• Healthcare innovation

• Changing labor market: aging population, continued rightsizings, skills shortage

Results =Constant CHANGE

What about the future challenges of HR?

2010 SHRM Global Survey

C-Suite executives believe their two biggest challenges through 2020 will be:

1.Attracting the best people to the organization

2.Retaining and rewarding the best people

HR Futurists Believe HR Challenges will be:

1. Aging population– 3-4 generations of workers– Boomers working longer

2. Skilled labor shortage

3. Continued “rightsizing”

4. Virtual workforce increasing

HR Futurists Believe HR Trends will be:

• Globalization will require network-based knowledge sharing and collaboration

• Continued growth of social media

• Thinking “post” baby boomer revolution

• Getting to know Generation Z (born 1980 to present)

• 50% unemployment

• The project work lifestyle

Jobs of the Future

Rule of Thumb: 60% of the jobs 10 years from now haven’t been invented yet.

•Avatar Designers

•3D Printing Specialists

•Wind Turbine Repair Techs

•Organ Agents

•Octogenarian Service Providers

HR’s Role…Change Champion of:

TalentCulture

Leadership

2012 SHRM Study

Challenges Facing HR Executives Over the Next 10 Years

•Four bodies of knowledge rated as most important:

– Strategic business management

– Talent management

– CHANGE management

– Workforce planning and employment

Most Important Responsibility of HR in the Future

PrepareYour

OrganizationFor

CHANGE

HOW?

Become a futurist!

Anticipate change!

Be the change champion!

With Great Change Comes Chaos

Systematic Change

Renewed Community

CHAOS

Speed Rules Structure

Resha

ping

Source: Carolyn Corbin, Leadership 4.0

• Stress

• Culture Clash – Polarization

• Turnover

• Withdrawal – loss of productivity

The Cost of Chaos

We believe that human choice is the biggest driver of change. We can CHOOSE to change our behavior.

WRONG! (studies prove this)

-- Joseph GrennyChange Anything

I know I SHOULD change

I WANT to change

I DON’T change

It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit.It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit. It takes 26 conscious repetitions to make or break a habit.It takes 26 conscious repetitions to make or break a habit.It takes 26 conscious

repetitions to make or break a habit.

Managing Change

Change is the “New Normal.”

Embrace it!