According to the Randstad World of Work Report 2013/14, refining your skills and expertise in the following game-changing areas will help you drive future business success:
1. plan ahead
With skilled talent shortages set to persist, better talent mapping and workforce planning are essential to secure a diverse, high-performing, creative, adaptive and productive workforce, mainly to feed the leadership pipeline.
2. align workforce & business strategies
Align attraction, retention and employee development strategies with overall business strategy makes it easier to plan your workforce while motivating employees to achieve their goals.
3. cultivate new leaders
There is a leadership crisis in Australia – it's time for organisations to invest in a pipeline of leaders to drive high performance and growth.
The aim is to develop creative and adaptive professionals with wide-ranging experience who are confident with risk and uncertainty whilst also a sourcing visionary, authentic leaders who are comfortable managing through luck.
4. boost productivity
Tackling Australia's productivity challenge means getting every employee in your organisation to work together to achieve better outcomes.
So, focus on strategies to increase the performance and productivity of your workforce.
5. increase employee engagement
It is essential to boost productivity and performance to strengthen employee engagement and collaboration with your people.
Invest in career development and training to facilitate this.
6. improve & innovate
Remain relevant and engaging to the customers of today and tomorrow, and continue to adapt, improve and innovate your products, services and how you work.
7. keep up-to-date
Access to the latest technology will help drive continuous business efficiency, innovation and a high-performance workforce. It will also boost your business's engagement internally and externally.
8. up-skill & outsource
Build expertise in specific areas of your business, or outsource to the experts. Outsourcing critical elements of your talent strategy to specialists in talent sourcing, recruitment, development, HR and talent management is an effective way to access hard-to-find skills, boost the quality and potential within your workforce, create efficiencies and save money – while allowing you to focus on your core strengths.
9. revitalise your EVPs
When fierce talent competition, define a compelling employee value proposition to strengthen your employer's brand. What is it that makes your company unique?
Why do people choose to work for you? Use your employer's brand to convey these important messages. Employers who lead this charge will enjoy better retention, engagement and productivity and attract a higher calibre of talent.
10. manage change successfully
Ensure you have the right people/teams and leaders in place to manage change effectively – whether internal or external – and realise this is an ongoing process that can significantly impact the overall success of your business strategy.