Human Capital

Human Capital

The Top 10 Innovation Challenges for 2020

The global innovation community, at least that chunk represented by professional innovation managers, begins its annual get together today in Hamburg, Germany. One of the first presentations that passed my desk (courtesy of Chris Skinner in my LinkedIn network) was Tim Jones‘  Top 10 Innovation Challenges for 2020. Tim runs Future Agenda (as I write the link to Tim’s site seems to have been hijacked – so here is his company link). So what are the top 10 innovation challenges? Naturally I disagree with Tim’s choices so let’s open a debate about a few of them.

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Three Steps to Help Prevent Employee Turnover

Keeping employees and avoiding turnover has never been easy. There is no difference based on the amount of employees. Whether it’s a few dozen or a few hundred, trying to maintain and upkeep employee happiness takes dedication, persistence, and one strong cup of coffee (maybe two or three cups, if we’re being honest).

You don’t want to be a bad boss, but you don’t want to have the reputation of a pushover. Trying to find the happy medium with a workplace full of different personalities who require different sources of motivation can be challenging. This may seem overwhelming, but with the right adjustments, you and your team can be back on track.

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2018-08-03T06:35:30+00:00 Aug 3rd, 2018|Human Capital|

6 ways successful organisations approach human capital management

HR and talent professionals have known it for years and now it’s been proven: a better-prepared workforce delivers better results. In fact, a global survey of more than 2,700 executives conducted by Oxford Economics and SAP backs up intuition with data. The study examined thousands of high- and low-performing companies worldwide, examining correlations between workforce priority and financial success.

The results named several key characteristics of high- performing companies that leverage talent to drive bottom-line growth. Many HR departments make the case that talent drives results to the C-suite, and some findings show that employees are worth investing in. High- performing organizations approach their human capital management in specific ways, including:

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2018-06-17T16:29:24+00:00 Jun 17th, 2018|Human Capital|

Five biggest talent management challenges in 2018

Human resources is a varied field, which means HR managers will be looking in a number of directions to plan 2018’s activities depending on their specific needs and the challenges of their industry. Talent acquisition and employee retention will likely be the top concern for many, but there are also issues surrounding technology and wellness that HR managers will have to pay attention to in the coming year.

John Bersin, founder of Bersin by Deloitte, has said this year will “be one of the most important years for HR in decades”. This is why.

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2018-06-17T16:27:52+00:00 Jun 17th, 2018|Human Capital, Uncategorised|

The World’s Most Talent Competitive Countries, 2018

Diversity is the linchpin of innovative and competitive working environments.

The view that diversity is a resource that can improve performance is spreading throughout organisations. Research shows that for complex tasks that require creativity, diverse teams do better than those comprised of similar individuals – as long as the team members have the skills to collaborate. Diversity of views, experiences, expertise, culture and race can all enhance the way organisations and countries work.

This view is also spreading into the realms of policy. Education reform underway across the world is focused on tapping into differences rather than suppressing or ignoring them, as it has become clear that individual diversity and collaboration must be inculcated from the early stages of education. There is a growing realisation that diversity can be a national resource for competitiveness.

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2018-06-08T17:09:00+00:00 Jun 8th, 2018|Human Capital|

Human Capital and Labour snapshot: South Africa

KR Research recently released the updated 2018 Human Capital and Labour Report: South Africa. This research is data rich, and together with our interpretation and analysis, is indispensable to any HR practitioner in South Africa. Below is a snapshot of some of the information contained in the report:
ON GOVERNANCE AND CORRUPTION:
  • South Africa’s score out of 100 on the Ibrahim Index of African Governance improved slightly from 69.5 to 70.1 between 2015 and 2016. However, over the last ten years, the country’s overall governance score has declined. Its worst score is for safety and the rule of law – at 67.1.

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2018-06-08T17:07:08+00:00 Jun 8th, 2018|Human Capital|

Women in SA earn 27% less than men, states study

Mar 16 2018

Cape Town – Pay inequality between men and women is one of the reasons so many women in South Africa are not able to retire comfortably, according to Emma Heap, head of retail at 10X Investments.

She pointed out that new regulations in the UK require that all companies with more than 250 employees report their gender pay gap to the Government Equalities Office by April this year. She believes this shift towards greater transparency will likely put pressure on companies to pay their female and male staff more equitable wages.
The 2017 Pulse of the People report run by market research firm Ipsos found that, on average, women in South Africa earn 27% less than their male counterparts.

The report surveyed more than 3 500 employed South Africans across various occupations and regions. It found the payment gap becomes even wider when looking at top earners, with local men are […]

2018-03-27T10:56:12+00:00 Mar 27th, 2018|Human Capital, Recources, Syllabus Topics|

Inside Labour: The real question about the 4th industrial revolution

Mar 23 2018 – Terry Bell

It is rather worrying that so many of the arguments about the fourth industrial revolution are so simplistic and often crude.

This is especially so, given the amount of readily available information and analysis. As a result, the major problem facing the global community because of the rapid development and introduction of new technologies is, for the most part, seldom debated.

It is a problem that was summed up clearly in 1949 by the “father of cybernetics”, the mathematician Norbert Wiener. With computing and automation becoming talking points, he looked to the future and noted that it would be possible to “live a good life with the aid of the machines”.

These, he pointed out, could ultimately carry out most labour more efficiently and effectively than humans can. But Wiener went on to warn that the same machines could usher in “an industrial revolution of unmitigated cruelty”. He […]

2018-03-27T10:48:45+00:00 Mar 27th, 2018|Human Capital, Recources, Syllabus Topics|

Disciplinary Hearings: When should external counsel be permitted?

Ivan Israelstam

Item 4 of the Code of Good Practice: Dismissal (The Code) contained in Schedule 8 of the Labour Relations Act (LRA) states that, when an enquiry is held into an employee’s alleged misconduct “The employee should be allowed …… the assistance of a trade union representative or fellow employee.”

It is on this basis that employers allow the accused to be represented by someone from inside the organisation. Employers have, on the other hand, normally disallowed external legal representatives to represent accused employees at disciplinary hearings.

In the case of MEC: Department of Finance, Economic Affairs and Tourism: Northern Province vs Schoon Godwilly Mahumani (Case number 478/03 SCA. Report by Dr Elize Strydom distributed 30 January 2005) the employee was refused the right to an external legal representative.
The employee went to the High Court to dispute this ruling. The court found that the ruling of the presiding officer of the disciplinary […]

2017-12-26T10:33:39+00:00 Dec 26th, 2017|Human Capital, Recources, Syllabus Topics|