HR not aligned with organisational changes
NOT IN SYNC Companies are planning big changes but business executives feel they are not agile enough to handle them
There’s a huge chasm between business planning and execution. Many organisations around the country are planning big, bold changes, but business executives feel they are not agile enough to handle the change, HR consultancy Mercer’s 2017 Global Talent Trends Study has revealed.
That’s not all, what can do serious damage to organisations is their HR leaders’ confidence that they are managing talent efficiently, even though over half of the employees (54%) have plans to quit in the next 12 months. The study, which has taken inputs from 7,500 senior business executives, HR leaders, and employees from organisations around the world, 461 from India, says 83% firms in India plan to restructure in the next two years.
However, only 11% business executives say their organisation can adapt to this change with agility. “In a world dominated by technological and digital disruption, to be seen as a strategic partner, HR will have to play an anchoring role in enhancing the organisation’s change agility.
And HR can lead the way in becoming more agile by having a much stronger pulse on the needs of its two key stakeholders – both business leaders and employees, and leveraging these insights for prioritising changes that matter,” said Shanthi Naresh, India business leader – talent consulting and information solutions, Mercer. Organisation or job redesign is definitely not a priority for HR leaders this year as they continue to prioritise skill-building, identifying high-potential talent and developing leaders for succession, and attracting top talent externally.
Even though more employees in India (compared to other countries) are satisfied with their jobs they report to feeling less “energised” while coming to work and are less likely to thrive in a collaborative and innovative workplace. This could be alarming for business executives as 78% are expecting a significant increase in competition. Additionally, while HR leaders express confidence in the talent management processes they have in place (80%), employees are still looking elsewhere for new opportunities. Over half (54%) of employees say they plan to leave their current role in the next 12 months, even though they are satisfied in their jobs – which is more than in any other country surveyed.