Josh Bersin, world-renowned HR analyst, founder of Bersin by Deloitte, is keynote speaker at the FuelX Conference.
We are passionate about creating world-class career experiences for employees all around the world, it’s our belief that everyone should love their job! FuelX is a true celebration of those who are implementing best-in-class career experiences and journeys for their people.
Bersin will present his latest research on today’s economy and the new world of work, touching on the increasingly noticeable crisis in productivity, engagement and trust, and exploring best-practice strategies that organisations can implement to address this crisis. He explains that “companies aren’t companies anymore. They’re a collection of individuals.”
The best leaders recognise they are in the people business and that key challenges facing companies today and in the future of work is understanding that employees need a lot more than a pay cheque from their jobs. Key to his vision are an inclusive talent system, understanding the employee experience and workplace environments designed for the job which involves analysing workstyle. The organisation of the future thrives when it recognises the power of individuals in the workplace.
He calls on HR professionals to look not just at reward programmes but also employee engagement. “HR needs to know it is the people who drive you forward. Respect for the individual and his or her well-being is critical. Every employee should be considered a partner and that’s true whether the employee is 22 or 62.” He cites evidence that there is a new ethos in today’s workforce – for instance, more than two-thirds of Millennials want to volunteer and give to charity*.
At 10Eighty we have been promoting the need to be more employee centred and to address the real needs and aspirations of our people. According to Josh, we don’t need more leaders, “we need more leadership.”
This changing business environment means that organisations need to redesign work so people can progress regardless of their current role. In a future often dominated by robotics, AI, and other forms of automation, jobs won’t disappear they’ll change and evolve, resulting massive opportunities as part of the process.
Now people are moving from role to role or job to job rather than climbing the corporate ladder, employers need new ways to engage and reward them doesn’t necessarily include a promotion. research revealed that companies that think about financial, physical and spiritual well-being as part of their rewards program are 11 times more likely to have high-performing outcomes—so, employers need to expand the concept of the rewards beyond just pay.
Josh offers Unilever as an example of an organisation trying to address these challenges, referencing the Unilever personal-purpose program, whereby each individual has a personal-purpose statement that talks about both career goals and personal aspirations. Employees are taught through coaching sessions how to create such a statement.
Fuel50 suggest organisations should do whatever they can to help employees grow. It’s time to allow your people to become the drivers of their own career by making learning personal and giving employees more control for their future. Fuel50 interactive, cloud-based career path software delivers clear career path mapping for employees and improves engagement; providing targeted benefits to all layers of the business, empowering employees, enabling leaders, and improving overall organization effectiveness.
*2018 Deloitte Global Human Capital Trends: The rise of the social enterprise, Deloitte Consulting LLP and Deloitte University Press, 2018, https://hctrendsapp.deloitte.com/
More details on the conference at https://www.fuel50.com/fuelx/london/
Josh Bersin is an analyst, author, educator, and thought leader focusing on the broad talent market and the challenges and trends impacting business workforces around the world. He founded Bersin & Associates in 2001 to provide research and advisory services for the corporate learning market. Over the next decade, he expanded the company’s coverage to encompass HR, talent management, talent acquisition, and leadership and became a recognized expert in the technologies, trends, and practices impacting corporate workforces. He sold the company to Deloitte in 2012, when it became known as Bersin by Deloitte. Frequently featured in talent and business publications such as Forbes, Harvard Business Review, HR Executive, and CLO, he is a regular keynote speaker at industry events and a popular blogger. Prior to founding Bersin & Associates, Josh spent 25 years in product development, product management, marketing, and sales of e-learning and other enterprise technologies. His education includes a BS in engineering from Cornell University, an MS in engineering from Stanford University, and an MBA from the Haas School of Business at the University of California, Berkeley. He is the author of three books, The Blended Learning Handbook, The Training Measurement Book, and The Pre-Hire Assessment Handbook. He currently has another book under contract.