Three Futures, One Question: How Will HR Rise to the Challenge? Workers and consumers have high expectations for how businesses should operate. A new report from Deloitte explores the role of HR professionals in meeting those expectations. Matthew Kosinski
social enterprises, they'll need HR professionals who can move beyond traditional practices to become "exponential HR professionals" who "bring new capabilities with a constant attention to growing and stretching their skills," Mazor says.
"Exponential HR professionals know how to apply advanced techniques and technologies to reimagine the solutions they develop and how they deliver services to elevate the business impact they create," Mazor says. "[These profest's almost a clichÊ at this point, but it bears sionals] lead the future within and outside the repeating: We live at a time of incredible, un- HR function [to] spearhead enterprise workforce stoppable disruption. New technologies and strategy, access talent from across all workforce new economic, political, and social realities are groups in the market, and lead the enterprise for combining to transform the way we live — and its future in a digital world." the role businesses play in our lives. How can you position yourself to become one People around the world now trust businesses of these exponential HR professionals? That remore than they trust their governments, accord- quires first understanding just what you're up ing to "Reimagining Human Resources: The Fu- against. ture of the Enterprise Demands a New Future of HR," a recent report from Deloitte. As a result, toThe 3 Futures HR Must Address day's enterprises have an imperative to become what Deloitte calls "social enterprises": organi- According to Deloitte's report, the dramatic upzations that value their environments and stake- heavals HR must now navigate can be sorted holder networks as much as they value revenue into three equally critical categories: growth and profit. 1. Future of the Enterprise "[A social enterprise] is an enterprise that shoulders its responsibility to be a good citizen both Organizational lifespans are shrinking. Accordinside and outside the enterprise, serving as a ing to Yale University Professor Richard Foster, role model for its peers and promoting a high de- the average S&P 500 company today only exists gree of collaboration at every level of the orga- for 15 years, compared to 67 years in the 1920s. nization," explains Art Mazor, principal, Deloitte At the same time, people are increasingly lookConsulting LLP. "This includes listening to, in- ing to these organizations as leaders, placing vesting in, and actively managing the trends that more faith in them than they place in their own are shaping today's world." governments.
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As organizations make the transition to being Recruiter.com Magazine
In response, organizations must become social 27
