Accelerating through the turn
May 27, 2020
Shaping the future workforce.
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Agenda
Creating a secure environment
Shaping the future workforce
Hit the gas actions
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JAMIE PRIDEClient Partner Korn Ferry, Australia
TONNY LOWSenior Client PartnerKorn Ferry, Singapore
PIP EASTMANManaging Director, APAC RPO SolutionsKorn Ferry, Singapore
KARTIKEY SINGHAssociate Client PartnerKorn Ferry, Singapore
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People who never left
1People who might never come back
on site
2The
returning vanguard
3Subsequent
waves of employees returning on site
4
Creating a secure environment
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A framework for action
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How will work change?
1 2 3How will your workforce change?
How will you make this transition?
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Different work needs to be done
We need people to work in
different ways
People want to work differently
How will work change?Changes in work are being amplified by the COVID crisis
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How will your workforce change?
2
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How will your workforce change? The 6 Rights
SIX RIGHTS
Right size
Right shape
Right site
Right spend
Right skillsRight source
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Right Skills
• Learns fast• Manages ambiguity
and complexity • Motivated• Self-aware • Creative • Risk tolerant • Accountable
• Engineering • Project management • Data analysis • Cloud computing • Artificial Intelligence • User Experience Design • Sales and Marketing
Technical Behavioral
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How will your workforce change? The 6 Rights
SIX RIGHTS
Right size
Right shape
Right site
Right spend
Right skillsRight source
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How will you make this transition?
3
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How will you make the transition? Get focused on main job changes
Job is eliminated entirely
Job becomes contingent
Shift in focus for job
Job is elevated
Job is created
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Data analysis
Complex Problem Solving
Mathematics
Computer Science
Automation
Data interpretation
Options to fill the role
• Market scarcity • Cost to hire • Faster
• Optimize talent• Pay challenges
• Enough horsepower for a bigger job?
• Pay challenges
Data scientist Key considerations
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2
3
Hire
Reskill (Marketing analyst)
Upskill (Qualified accountant)
Job is created
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Recognizing and rewarding your people through the transition
• Carefully manage overall compensation spend
• Recognize everyday heroics
• Restructure incentives
• Get base salary right• Reward the right things• Reconnect performance
and pay
Critical near term actions
Accelerating through the turn
Foundation: Job Architecture
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4Customize “return to work” plans for each employee population
Support your managers to lead new ways of working 5
6Evaluate the impact of different recovery scenarios on the “6 Rights”
Determine whether your current job architecture is fit for modern roles of the future
Perform a quick hire / reskill / upskill assessment for your critical jobs
Align your recognition and incentives plans to reward people for the things you need them to focus on now
Hit the gas
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Audience Q&ASpeakers in grid view
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What’s next
Sign up for the other webinars in this series
Monday, 1 JuneFuture-proofing leaders
Tuesday, 2 JuneThe 3 Defining Practices of a Commercially Agile & Customer Centric Organisations
On DemandHow organisations can transform to perform
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