Deloitte Study: Global Trends in Human Capital 2018

Deloitte Study: Global Trends in Human Capital 2018

Increasing the role of the social organization

Business leaders around the world are facing a profound change: increasing the role of the social organization, reflecting the growing importance of social capital in shaping the purpose of an organization, focusing its relationships with stakeholders and influencing its success or final failure.

All attention is directed to companies and their leaders, called to fill the existing leadership void in today's society and to bring solutions to today's seismic challenges.

The most important conclusions of the study, on topics analyzed:

Harmony at executive level

  • A remarkable percentage of 73% of respondents believe that executives rarely collaborate in strategic projects and initiatives.
  • More than half (51%) of respondents say their organizations are not prepared or just somehow prepared for the level of collaboration needed, despite the fact that this is the main problem identified in 2018 as regards human capital

Filling the void from the top of society

  • Despite the fact that traditional career models are becoming defunct in the new world of work, Deloitte's report found that more than half of surveyed business leaders (54%) do not have programs to help build the necessary skills in the future.
  • Employees require more personalized rewards, but 91% of companies are evaluating only once a year, and only 3% of respondents think their rewards programs are very effective in motivating talents.

How can we use technology for sustainable growth

  • While 72% of companies consider AI, robotics and automation to be equally important, only 31% feel ready to navigate between these changes - the twilight gap in 2017.
  • As technology grows, CEOs consider that key human abilities such as complex problem solving (63%), cognitive skills (55%) and social skills (52%) are becoming more important - but 49% of respondents say they do not have a plan to cultivate them.


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