THE FUTURE OF HR: TALENT & CULTURE SHIFTING THE BENEFITS PARADIGM
Value Creation in Talent Management
Harnessing Strategic Sourcing Skills
Points To Ponder! • What is the future of Benefits Management? – Which is more difficult? Attraction or Retention? – How are we attracting, rewarding and retaining talent today? – How successful have we been?
• Would our current methodologies be relevant for the future? • What should be the relevant methodologies for the future?
What is my objective?
to ignite a new thinking!
Today Basic Cash Bonus Cash & LTIPs
Others Cash & Non-Cash
Pension Contribution
Benefits Healthcare
Accommo dation
Transport
Conventional Approaches
What’s the Intrinsic Need of our Talents?
Why do you choose this drink?
The Onion Analogy
What’s the Core of the Talent Onion
Use a word to describe one with such endowments?
Wealthy? • Wealth is any tangible or intangible thing that makes a person, family, or group better off. (businessdictionary.com)
Elements of Wealthy Living Inheritance Life is Good Protect what’s yours Health is Wealth Family, Life’s Best Gif Cash is King
Scalable Lifestyle needs model Estate & Trust Management
Retirement & Leisure
Retirement & Leisure
Diversified Investments Diversified Investments Diversified Investments
Business Protection
Business Protection
Business Protection
Personal & Asset Protection
Personal & Asset Protection
Personal & Asset Protection
Business Investment
Business Investment
Business Investment
Professional Development
Professional Development
Professional Development
Professional Development
Parental Support
Parental Support
Parental Support
Parental Support
Vehicle & Housing
Vehicle & Housing
Vehicle & Housing
Vehicle & Housing
Vehicle & Housing
Childrens Endowment
Children’s Endowment
Children’s Endowment
Children’s Endowment
Children’s Endowment
Healthcare
Healthcare
Healthcare
Healthcare
Healthcare
Pension & Life
Pension & Life
Pension & Life
Pension & Life
Pension & Life
Pension & Life
Career Planning
Career Planning
Career Planning
Career Planning
Career Planning
Career Planning
Career Planning
Aspire
Stars
Achievers
Drivers
Excel
Platinum
Twilight
16-24
25 - 34
35 - 40
41 - 50
50 - 59
60 - 69
70+
Personal & Asset Protection
Business Investment
Parental Support
Childrens Endowment
Healthcare
The Wealth Journey sustain protect grow • Investments • Real Estate
create • Income Surplus • Debt leverage
• Health • Life • Assets
• Retirement • Pension • Succession
SHOULD WE FOCUS ON HELPING OUR TALENT TO BE WEALTHY?
Wealth Management is the Future! • One-Stop-Shop for Meeting all Needs • Planning & Working Together to Achieve Aspirations • Balance your Portfolio through Leveraging • Receive Customised Solutions • Create synergies for Better Outcomes • Maintain Strategic Relationship Management
Policy Alternative To Think About Create
Grow
• Encourage building Income Surplus instead of More Cash • Promote Leveraging Returns with Debts
• Support an Investment Culture (establish mutual funds) • Facilitate Real Estate (primary & secondary)
Protect
• Invest in Preventive Health Programmes • Pool Resources for Asset Protection & Group Life • Managed Healthcare Vrs Risk Transfer
Sustain
• Preparation for Retirement • Promote Personal Pensions • Encourage Estate Trusts
How Do You Create Value? • Consolidation for Leverage • Build Synergy out of the Leverage • Generate Efficiency & Value For Money
What You Need is…..A PARTNER! • ONE 360o financial services advisory firm capable of offering the full suite of wealth solution. • One with very strategic relationships with well established brands across the entire finance value chain. • BUILDING WEALTH TOGETHER should be the GOAL!
Our Wealth value chain footprint Wealth Creation Business Unit
Wealth Growth Business Units
Wealth Preservation Business Units
Wealth Sustainability Business Unit
Let the Conversations Begin! •
Premium Place, #25 Ringway Estates, Ring Road East, Near Ako Adjei Interchange.
• Vanguard House, #21 Independence Avenue, Next to MTN & CalBank •
info@unitedwealthgh.com
• •
Kobina : +233 24 432 6778 Isaac : +233 20 222 3959
WISHING YOU AN ENLIGHTENING CONFERENCE