During 2013, the SHRM Foundation and the Economist Intelligence Unit (EIU) worked together to identify the top three global trends that will impact the workplace in the next 5 to 10 years. These trends will have major implications for HR and talent management going forward.
Here's how we identified these trends:
1. Conducted a survey of:
• 500+ global CEOs and C-Suite executives (60% outside the U.S.)
• 100+ top HR executives from Fortune 500 companies
2. Gathered input from:
• SHRM Foundation Thought Leadership Committee
• SHRM Research Advisory Council (RAC)
• HR Academic Research Centers
• SHRM Membership Advisory Council (MAC)
• EIU and SHRM Foundation Research Teams
3. Discussed and Analyzed Possible Themes and Initial Research Needs:
• Two expert peer panels held in New York and Washington, D.C.
Expert Peer Panel 1
- Gilbert Casellas, Chairman of OMNITRU and former VP, Chief Diversity Officer for Dell and EEOC Chair
- Lisbeth Claus, Professor of Global Human Resources at Willamette University
- Ekkehard Ernst, Chief of Employment Trends Unit at the International Labour Organization (ILO)
- Michael Liley, Director of Human Resources, United Nations Development Program (UNDP)
- Prakash Loungani, Senior Resource Manager at the International Monetary Fund (IMF)
- David Robalino, Leader of Labour & Youth Team at Human Development Anchor, World Bank
- William Schiemann, Chief Executive Officer, Metrus Group and HRCI Board
- Michael Sokol, Vice-president of Workforce Planning and Analytics, Hewlett Packard
- Mara Swan, Executive VP of Global Strategy and Talent at Manpower Group
Expert Peer Panel 2
- Cecile Alper-Leroux, VP of Product Management and Strategy, Ultimate Software
- Matt Barney, Founder & CEO at LeaderAmp
- Hillary Bochniak, Managing Director, Accenture
- Mathew Burrows, National Intelligence Council
- Nicholas Garbis, Workforce Planning Leader, GE
- Neal Goodman, CEO at Global Dynamics Inc.
- Richard Klimoski, Professor at George Mason and SHRM Foundation Board member
- Jeanne Meister, Partner at Future Workplace
- Scott E. Page, Professor at the University of Michigan and Santa Fe Institute
- Jerold Ramos, Corporate Manager for Talent Acquisition, AlliedBarton Security Services
- Libby Sartain, SHRM Foundation Board and Former CHRO for Yahoo, Southwest Airlines
- Tina Sung, VP at Partnership for Public Service and SHRM Foundation Board member
4. SHRM Foundation and EIU research teams analyzed and integrated all the data and insights gathered to identify these top three global themes:
1. Evolution of 'Work' and the 'Worker'. Globalization of business, changing demographics and changing patterns of mobility will continue to change the nature of work and the worker over the next 5 to 10 years.
2. Engaging and Integrating a Global Workforce. Cultural integration and clashes/unrest will continue to grow globally at both a societal and corporate level over the next 5 to 10 years.
3. Use of Talent Analytics for Competitive Advantage. Talent shortages will continue to grow globally over the next 5 to 10 years requiring HR to become the provider of human capital analytics for input to strategic business decision making.
Overview of Thought Leadership Initiative