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ROCKET-BOOST YOUR BUSINESS: HOW HR AGILITY CAN DRIVE BUSINESS GROWTH

QuickHR offers cutting-edge cloud-based technology to both SMEs and MNCs in need of business process automation. Our end-to-end HR solution covers all aspects of human asset management, workforce management, and is fully compliant with local labor, taxation, and data protection laws.

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ROCKET-BOOST YOUR BUSINESS: HOW HR AGILITY CAN DRIVE BUSINESS GROWTH

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  1. ROCKET-BOOST YOUR BUSINESS: HOW HR AGILITY CAN DRIVE BUSINESS GROWTH Sharing by:Muhammad Hamiz QuickHR, Enable Business Pte Ltd

  2. GETTING TO KNOW ME: INTRODUCING MYSELF • Sales Consultant (B2B Industry Lead) at QuickHR since 2019 • Worked in various industries from Non-Profit to Finance • Specialises in helping SMEs improve their HR with digital solutions • Fun fact! Before I started my career, would you believe I was a banquet waiter at Pan Pacific Hotel

  3. GETTING TO KNOW ME: INTRODUCING QUICKHR LEAVE & CLAIMS QuickHR offers cutting-edge cloud-based technology to both SMEs and MNCs in need of business process automation. Our end-to-end HR solution covers all aspects of human asset management, workforce management, and is fully compliant with local labor, taxation and data protection laws. LEARNING & DEVELOPMENT PAYROLL & BENEFITS EMPLOYEE DATABASE APPRAISALS & RECRUITMENT REPORTS & ANALYTICS ATTENDANCE & SCHEDULING

  4. COMPANIES THAT WE SERVE PILLARS OF THE MALAY COMMUNITY SMCCI MEMBERS WE SUPPORT

  5. OVERVIEW What are the emerging trends businesses will face in the 21st century and beyond? How can a company develop a business strategy to achieve its long term goals? Why is it important that that businesses develop Agile and Strategic HR practices? What is the strategic role of HR in navigating this new uncertain environment?

  6. GETTING TO KNOW YOU AUDIENCE POLL

  7. WHAT ARE THE EMERGING TRENDS AND OPPORTUNITIES FOR BUSINESSES?

  8. EMERGING TRENDS OF THE 21ST CENTURY THE GIG ECONOMY • Emergence of the Gig Economy - an economy which is based on flexible, temporary or freelance jobs Knowledge-based gigs - includes consultants, subject/software experts, data scientists Service-based gigs - includes people such as delivery drivers

  9. EMERGING TRENDS OF THE 21ST CENTURY BENEFITS OF THE GIG ECONOMY • For workers: • Grow your skills and earn extra income • More independence and freedom (less vulnerability to market changes) • For companies: • Flexibility in hiring experts when not needed on a regular basis • Agility in scaling up and down to meet business demand

  10. EMERGING TRENDS OF THE 21ST CENTURY HYBRID WORKING WORLD • What is a hybrid working world? • A mix of wfh, working in office or in a 3rd party space such as a cafe or library Data from:The Work Trend Index survey by Edelman Data x IntelligenceResults from Jan 2021

  11. EMERGING TRENDS OF THE 21ST CENTURY BENEFITS OF A HYBRID WORKING WORLD • Offers more freedom and flexibility • Prioritizes the employee experience • Greater employee engagement and performance

  12. EMERGING TRENDS OF THE 21ST CENTURY BENEFITS OF A HYBRID WORKING WORLD • Increased productivity – 82% of leaders felt their companies were equally or more productive than before the pandemic (Research paper by Microsoft) • Ability to hire remote talent who can work in tandem with your team

  13. WHAT ARE THE UNCERTAINTIES AND CHALLENGES FOR BUSINESSES?

  14. WHAT ARE THE UNCERTAINTIES AND CHALLENGES FOR A BUSINESS? THE GIG ECONOMY • Determining Job Roles - workers no longer report to one manager and fulfil only one specific job • Flexible workforce – how to prioritize flexibility which is not just a perk but a priority for gig workers • Supporting HR in automation and implementation of new technology

  15. WHAT ARE THE UNCERTAINTIES AND CHALLENGES FOR A BUSINESS? HYBRID WORKING WORLD • Employer vs Employee Expectations • Employer: • Business as usual (expect responsive employees) • Little consideration of tools/technology/support needed in transition • Employee: • Want a clearer division between work and personal life • Avoiding a culture of overworking and lack of personal space/time while working from home • Remote workers – may find it difficult to achieve visibility and connection

  16. HOW CAN STRATEGIC AND AGILE HR PRACTICES ENABLE A BUSINESS TO SUCCEED?

  17. WHAT IS AGILE HR? Agile HR is defined as an approach that prioritizes the speed of responsiveness and adaptiveness within the HR function For HR to be more responsive and adaptive, it needs: 1) Recommitment 2) Rethinking 3) Redefining

  18. HOW CAN AGILE HR ENABLE BUSINESSES TO SUCCEED? RECOMMITMENT TO MOBILE/HYBRID WORKING • Recommitment to 100% mobile/hybrid working - ensure that HR and employees have the tools they need. • Employers need to set clear guidelines on how to maximise hybrid working - clear expectations and communication about employees’ whereabouts and how much flexibility is appropriate

  19. HOW CAN AGILE HR ENABLE BUSINESSES TO SUCCEED? RETHINKING OF THE ENTIRE WORKFORCE CYCLE • Recruitment – in the gig economy and hybrid world, competition for talent will increase • companies must move from sourcing to selection in weeks or even days rather than months

  20. HOW CAN AGILE HR ENABLE BUSINESSES TO SUCCEED? RETHINKING OF THE ENTIRE WORKFORCE CYCLE • Performance Management – look at more outcome-based incentives with specific tasks and variables rather than paying an employee for just fulfilling their KPIs. • goal setting and performance > move from yearly to an ongoing process • L&D – goals must be curated to individuals, rather than teams • more bite-sized learning options > learning will be less formal, but more frequent

  21. HOW CAN AGILE HR ENABLE BUSINESSES TO SUCCEED? REDEFINING THE ROLES OF EMPLOYEES • Redefining the roles of employees – deconstructing jobs in your organisation (task-oriented work)

  22. HOW CAN AGILE HR ENABLE BUSINESSES TO SUCCEED? EMBRACING THE MINDSET • HR’s role is in being an early adopter and in change management and overcoming opposition • HR cannot do this alone – there has to be an agreement from the top to create a culture of embracing a new mindset

  23. TOOLS THAT ROCKET-BOOST YOUR AGILE HR TECHNOLOGY ENABLING HYBRID AND GIG WORK CLOUD-BASED SOFTWARE REMOTE COLLABORATION TOOLS A.I. CHATBOTS

  24. FOLLOW US ON SOCIAL MEDIA WEBSITE quickhr.coMAILING ADDRESS Paya Lebar Square, #07-38, Office Lobby 260 Paya Lebar Road, Singapore 409051 EMAIL ADDRESS sales@quickhr.cobusiness@quickhr.co OFFICE & BUSINESS-WHATSAPP (65) 6908 8158 (65) 9160 4050 ROCKET-BOOST YOUR HR TODAY

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