HRPS: What is driving the increase in the skills gap? Why aren’t traditional methods working in closing the gap?
HRPS: What is driving the increase in the skills gap? Why aren’t traditional methods working in closing the gap?
To lead in an ever-changing world, today’s chief HR officers (CHRO) must act swiftly, pushing through unfamiliar boundaries to find innovative business solutions. At the same time, they must continue to ensure the excellence of transactional HR programs such as pay and benefits.
The business value of traditional performance management models is collapsing. Instead of clarifying expectations and building morale, legacy annual appraisal models of performance management can alienate talented and typical employees alike. While personal and enterprise tools and technologies for performance enhancement have radically improved; performance management systems have not.
Aaron Hurst is the foremost expert on the science of purpose at work and in 2014 brought global awareness to the rise of the fourth economic era in history, the Purpose Economy. He is the CEO and Co-Founder of Imperative, the technology platform for leaders in the new economy.
We live in an age where technology is shaping the way people live and work. From automation and artificial intelligence to team collaboration, leadership and social media, digitalization is creating unique expectations from employees and unprecedented challenges for HR.