January 2013 Post

Workplace predictions for 2013 A thought provoking article in the Talent Management magazine lists out what’s in store for business leaders in 2013. Halley Bock, the author says the organizations that are more adept at embracing these changes and leveraging them to build stronger relationships with their talent will be better positioned for success in the long term. The prediction is that this year will see the adoption of non-traditional approaches to communicate with and engage talent. Firstly, the annual performance review will become history as conversations about specific, real-time performance issues occur on a much more frequent, as-needed basis. These ad hoc conversations can provide the instantaneous feedback employees crave and dramatically improve overall communication. Secondly, organisations will realise that money is no longer the king. An increasing number of employees will seek non monetary incentives such as increased vacation time, pursuit of personal interests and continued education. Thirdly, social media policies will mature and eliminate the ambiguity that may exist allowing some gray areas to exist. Fourth, succession planning becomes a higher priority as attrition becomes a serious issue for top management. Fifth, organisations will value workplace versatility. While organisations have always valued specialisation, employees who have the competency to wear multiple hats will be greatly preferred. Additionally, millennials entering the workforce are actively seeking career opportunities that offer broad experiences not narrow ones. For more details http://talentmgt.com/articles/view/five-workplace-predictions-for-2013/2