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Showing posts with the label human resources

AI at Work: The Real Adoption Problem

Employee sentiment toward workplace AI is shifting fast. Gartner's HR survey makes one thing clear: enthusiasm is no longer the constraint.  The real bottleneck is leadership’s ability to translate that energy into disciplined governance, thoughtful deployment, and measurable business outcome value. Executives have blamed employee resistance for underwhelming AI outcomes in HR and broader business workflows. The latest market research tells a different story. Sixty‑five percent of employees now say they are excited to use AI at work. That is not a grudging tolerance of automation; it is a clear signal that the workforce is ready to experiment, learn, adapt, and integrate AI into daily work. Enterprise Applied-AI Market Development Yet, according to the research, 37 percent of employees do not use Generative AI tools even when they have access, simply because their coworkers are not using them. This 'peer inertia' effect highlights a social adoption challenge rather than a ...

How Generative AI Will Reshape the Economy

The Global Networked Economy -- a term synonymous with the interconnectedness of businesses, individuals, and governments worldwide -- has undergone a remarkable transformation in 2023. Fueled by the rapid growth of digital technologies and the global internet, this phenomenon has given rise to a worldwide marketplace that has already revolutionized the way we live, work, and play. The impact of Generative Artificial Intelligence (GenAI) in 2024 will be equally disruptive to many traditional business leaders. GenAI will also create huge opportunities for the fearless pioneers. Global Networked Economy Market Development The Global Networked Economy's evolution traces back to the advent of the Public Internet. The introduction of eCommerce, social media, and cloud computing has been instrumental in reshaping how businesses operate and engage with their customers. This interconnected ecosystem empowers savvy leaders to access new markets, trim operational costs, enhance commercial e...

RTO Outcome: U.S. CEO Mission Accomplished

In hindsight, the outcome of short-sighted CEO Return to Office (RTO) mandates was somewhat predictable. Less than one-third of employees now report they are engaged, enthusiastic, and energized by their work, according to the latest market study by Gartner. This research was showcased during their recent "ReimagineHR Conference" event. Gartner defines engagement in three ways: Employees feeling energized. Employees find purpose in their work. Employees feel empowered to do valuable work. The problem: many are not engaged. Employee Engagement Crisis Explained "Despite organizations making investments in engaging their employees, our research shows that almost 70 percent don’t feel as engaged as they should be and aren't feeling a meaningful connection to their job," said Keyia Burton, senior principal analyst at Gartner . Figuring out how to actually impact employee engagement is a huge priority because it has a significant impact on several key business outcome...

The Ongoing Pursuit for Digital Business Talent

Across the globe, many employers are assessing their human resource policies to determine the most effective working model for their digital workers. While some CEOs still attempt to force employees to work full-time in offices, the enlightened leaders have embraced flexibility. According to the latest market study by Gartner, 77 percent of digital business workers want to participate in creating their Hybrid Work model, while 14 percent prefer to have their environment mandated. "One of the biggest challenges to hybrid work is the lack of alignment between the variability between what workers want and the predictability organizations, managers and workers need to be effective,” said Caitlin Duffy, director analyst at Gartner . Hybrid Work Market Development As employee wants and needs have shifted toward flexible working models, organizations must respond thoughtfully in order to maintain productivity and avoid attrition from oppressive mandates. Their fifth 'Digital Worker E...

Why CEOs Must Invest in Business Technology

Throughout most industries, CEOs are focused on their digital transformation initiatives. While the economic outlook for this year includes many uncertainties, one thing remains certain -- the role of technology as the enabler for digital business growth. With that reality in mind, worldwide Information Technology (IT) spending will total $4.6 trillion in 2023, an increase of 5.5 percent from 2022, according to the latest market study by Gartner. Despite continued global economic turbulence, all regions worldwide are projected to have positive IT spending growth in 2023. Business technology investment is somewhat resilient to market conditions. Business Technology Market Development "Macroeconomic headwinds are not slowing digital transformation," said John-David Lovelock, vice president at Gartner . "IT spending will remain strong, even as many countries are projected to have near-flat gross domestic product (GDP) growth and high inflation in 2023." Prioritization ...

HR Adopts Digital Business Transformation

Nearly half of Human Resource (HR) leaders polled cited technology as their top investment priority. Gartner's latest survey revealed the other top investment areas for HR leaders in 2023 are staffing and recruiting, employee total rewards, plus learning and development. HR leaders reported intense competition for skilled talent, and global candidate supply constraints. Instead of opting for simple cost-cutting measures, leading organizations are focusing on growth and determining which investments will drive competitive advantage in the year ahead. To optimize costs and drive growth, HR leaders will act on a few key investment imperatives. HR technology can trigger cost savings in HR administration, which has seen a drastic uptick in cost due to pandemic-related tasks, and Remote or Hybrid work arrangements. HR Technology Market Development Gartner's research shows yearly spending on HR administration increased from $155 per employee in 2021 to $194 per employee in 2022. Howev...

Human Resource Transformation Enabled by IT

Many senior executives are taking a proactive approach to digital business transformation in order to achieve their strategic goals. Delivering revenue growth and profitability is now imperative for every function, including Human Resources (HR). The top 3 priority HR technologies this year are skills management, learning experience platforms, and internal talent marketplaces, according to the latest worldwide market study by Gartner. "With a tumultuous global economy, HR technology leaders face a balancing act in 2023," said Sam Grinter, director at Gartner . "Leaders must anticipate greater levels of accountability and demand for measurable outcomes to justify new technology investments." HR Transformation Market Development Forty-four percent of HR leaders report driving better business outcomes is their number one strategic priority for HR technology transformation over the next three years. Growth in headcount and skills (26 percent) and cost optimization (17 p...

How Savvy Leaders Re-Imagine Work in 2023

As we look to the year ahead, there will be significant challenges and opportunities facing the Chief Human Resource Officer (CHRO) role. In order to be successful, savvy HR leaders must be prepared to take proactive steps that adapt and evolve. "HR leaders have faced an increasingly unpredictable environment amid many organizations mandating a return to office, permanently higher turnover and burnt out employees," said Emily Rose McRae, senior director at Gartner . HR Innovation Market Development One of Gartner's key predictions for 2023 is that the use of artificial intelligence (AI) and automation will continue to increase within the enlightened digital workplace. This transition will require HR leaders to develop new skills and competencies in order to effectively manage and lead teams that are increasingly relying on these enabling technologies. Additionally, HR leaders will need to ensure that their organizations are investing in the necessary infrastructure and re...

Human Resource Innovation to Drive Digital Growth

CEOs are requiring their Chief Human Resources Officer (CHRO) to reimagine the HR charter to focus more on enabling the organization to achieve strategic business outcomes through superior talent development practices. As a result, 49 percent of HR leaders named "Innovating for Success" as one of their top three priorities for 2022, according to the latest survey findings from Gartner. Despite HR leaders prioritizing innovations, a Gartner survey of more than 3,500 employees found that only 46 percent of employees agree that their organization encourages creative thinking. HR Innovation Market Development "The survey results show that an organization’s actions directly impact the ability of employees to be creative by 25 percent," said Emily Rose McRae, senior director at Gartner . "In fact, an organization’s actions have more than double the impact of an individual's personality when it comes to driving employee creativity." According to the Gartner a...

Flexible Working: Why Company Culture Matters

The main reasons for the Great Resignation are obsolete leadership, fearful middle managers, and a toxic culture that hinders employee engagement. Perhaps that's why some organizations are still struggling with the consideration and development of a flexible working model.  They're incapable of evolving to a more enlightened approach to work where employees are treated with respect. They're stuck in a bygone era of the 20th-century industrial revolution where 'shareholder value' tops all other values, and where spreadsheets and financial data analysis drives all key decision making. We should not be surprised that 76 percent of human resource (HR) leaders now feel that hybrid work challenges an employee's connection to organizational culture, according to a recent survey by Gartner. A 2022 poll of HR leaders reveals the most challenging aspect of setting their hybrid strategy is adjusting the current organizational culture to support a hybrid workforce. In fact,...

Long-COVID Risk Impact on The Future of Work

Two years of the global COVID-19 pandemic forced many organizations to operate remotely -- with the majority of knowledge worker employees working from home. While the virus evolved into new variants, some business leaders were already contemplating a 'return to office' scenario. Clearly, some leaders struggle to understand what their employees want, and how to support them to do their jobs in the most safe, productive, and satisfying way. However, the predictable significant increase in employee resignations should help them to reconsider. Future of Work Solutions Market Development IDC recently published results from a survey of the Asia-Pacific (APEJ) region, which provides insights for companies to understand their workforce and how to accommodate them to ensure the best productivity and business continuity. "Great Resignation is the latest buzzword. As employees reassess their current employment, talent retention is a top business agenda item for organizations," ...

Why Savvy CIOs Resist a Return-to-Office Mandate

An increasingly competitive market for skilled and experienced digital transformation talent has many CEOs now worried that they may not have access to the IT resources needed to complete new projects. Growing demand for key roles has raised salary and bonus expectations among the most qualified.  Furthermore, Information Technology (IT) staff members are more inclined to quit their jobs than employees in other functions, with a 10.2 percent lower 'intent to stay' than non-IT employees -- that's the lowest out of all corporate functions, according to the latest market study by Gartner. And, it has become a worldwide challenge. Gartner surveyed 18,000 employees globally during the fourth quarter of 2021 -- including 1,755 employees in the IT function. Responses were collected monthly across 40 different countries in 15 languages. IT Talent Recruitment and Retention Challenges "While talent retention is a common C-level concern, CIOs are at the epicenter, with a huge chu...

Savvy Supply Chain Leaders Adopt Flexible Working

Supply chain issues are top-of-mind within many C-suites and for good reason. We now know that a 'status quo' mindset was fraught with inherent supply chain risks which were exposed by recent events that disrupted the Global Networked Economy. Sixty-one percent of supply chain leaders believe that the acceleration of remote work due to the global COVID-19 pandemic will create a permanent hybrid work model, even at the frontline, according to the latest market study by Gartner. The annual Gartner 'Future of Supply Chain' survey of 983 supply chain leaders identified the changes to the prior status quo that will likely shape global supply chains in the months and years to come. Supply Chain Transformation Market Development "In an environment of talent and labor shortage, supply chain leaders anticipate employee expectations to become more demanding and feel that they must prepare to meet those expectations – or lose to competitors that do," said Suzie Petrusic,...

An Inconvenient Truth: HR Leadership in 2022

CEOs who have continued their quest for a "return to normal" environment during the COVID-19 pandemic created significant challenges for human resource (HR) leaders who had to develop new policies. Senior executives that resisted the need to change perpetuated a culture of ongoing denial. Now, organizations must focus on equipping people managers, who are the stewards of sustainable performance, with the right skillsets to ensure they and their teams succeed in their preferred "hybrid working" environment, according to the latest research by Gartner. To achieve these desired outcomes, Gartner recommends that organizations pursue new tactics to ensure managers are prepared to lead people in this new setting -- hoping that a hybrid work model is eventually manageable and successful. However, many troubling questions still remain. Why not simply accept the 'remote working' phenomenon, and learn how to evolve away from a 'command and control' mindset tha...

Future of Work: Beyond a Return to Normal Mindset

New research uncovers growing momentum for the "Great Resignation" phenomenon. As employers implement their forward-looking strategies, including decisions around hybrid work and increased flexibility, a gap is emerging between executive and employee perceptions, according to the latest market study by Gartner. "We examined the key areas crucial to planning for the future employee experience and discovered significant dissonance between employee and executive sentiment across all," said Alexia Cambon, director at Gartner . "If left unaddressed, this division may lead to a critical failure to build trust and employee buy-in for future of work plans." Flexible Work Market Development The Gartner survey shows that 75 percent of executive leaders believe they are already operating within a culture of flexibility, yet only 57 percent of employees indicate that their organizational culture embraces flexible work. Furthermore, nearly three-quarters of executives ...

How Digital Growth is Driven By Talent Strategies

Where CEOs choose to apply cost savings is important. According to the latest market study by Gartner, organizations that balanced workforce cost savings with targeted talent investments outpaced organizations that solely focused on cost reduction. These progressive companies’ revenue rebounded from 3Q20, and they have outpaced industry peers that solely focused on cost reduction. "Successful organizations did more than target reactive cost savings to improve performance metrics in the short term," said Seyda Berger-Böcker, director at Gartner. They also optimized costs and funded new investments. This balance between cost savings and bold talent investment opportunities is vital for protecting an organization’s continued digital growth capabilities. Digital Enterprise Talent Market Development As organizations continue to emerge from the turbulence of 2020, human resource (HR) leaders charged with managing cost and budget measures should focus on three key takeaways: Compani...