But many organisations are now rethinking their human resource management practices in view of technological innovations and changing human dynamics. Here is a look at some of the cutting edge practices being adopted by leading companies of the world.
The hiring criteria:
College degrees, even Ivy League ones, high test scores and GPAs won’t guarantee employment in the future. In fact, the trend has already begun: 14% of Google’s team never attended college.
Google’s senior vice president for people’s operations, Laszlo Bock, identified his company’s selection criteria in an interview with The New York Times as follows:
• Cognitive ability
• Emergent leadership
• Humility
• Ownership
• Expertise
This is significantly different from the older hiring criteria, which included:
• College degrees
• Test scores (SAT, GRE, GMAT etc)
• GPA
• Interviews
What to expect in these changing market practices ?
1. The Internet is the new résumé
Next in line of casualties in the job market would be the ubiquitous résumé or CV. The page-long list of a candidate’s credentials would increasingly be chucked away by future recruiters, says Marketing Strategy Consultant Dorie Clark, in favour of:
• Where your name appears on Google search.
• Your contribution to the business world.
• Your social media management skills on Twitter, LinkedIn etc.
• Professional networking that attracts decision-makers.
2. Down with brainteasers
How many golf balls can you fit into an airplane? How many gas stations are there in Manhattan? Challenging interview questions that are meant to judge your acumen but may have no ‘correct’ answer are now deemed useless by Google, which famously petrified job candidates with brainteasers for years.
Instead, questions like “Give me an example of a time when you solved an analytically difficult problem” are now asked as part of behavioural interviewing. The interviewer gets to see how they actually interacted in a real-world situation, and gauges their level of expertise.
The changes are not just limited to the recruitment process, but extend to other aspects of talent management as well.
1. Say it like it is
Many leading companies, such as Microsoft, do not have evaluations through traditional appraisals and ranking systems anymore, as it is thought to kill creativity. Instead, they promote a culture of constant coaching and holding honest conversations with their employees.
2. New-age training
Training and development of employees that typically costs millions of dollars is increasingly being replaced by the more cost-effective Massive Open Online Courses, which also have the benefit of being universally accessible. Yahoo! recently collaborated with Coursera to offer Computer Science courses to its employees at a subsidised fee of $100 per student.
3. Satisfaction revisited
HR professionals formulate strategies to retain and engage employees by offering them lucrative salaries and benefits. But despite reasonable financial packages, a growing number of employees still look for new avenues. This is because money and perks are not enough for employee satisfaction; research shows there has to be ‘meaningful’ work.
Recommendations for job candidates:
• Build your value proposition by exploring your talents and pitching your strength to the prospective employer.
• Engage in volunteer work that builds your strength.
• Showcase your work on the Internet, for eg on SlideShare, LinkedIn, Instagram and blogs.
Shiraz Ahmed teaches at leading business schools of Karachi and is a corporate facilitator and a public speaker. He tweets @shirazwasif
Published in The Express Tribune, Sunday Magazine, June 22nd, 2014.
COMMENTS (34)
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Great Piece of Work (Y) , such an informative and quite motivational Article.This will definitely inspire people to achieve their goals in life keeping future trends and new rules of employment in mind.
Great piece of work (Y) such an informative and quite motivational Article.This Article will definitely inspire people to achieve their goals in all fields specially in HR.
Great piece of work (Y) such an informative article and very motivational. This article will inspire people to achieve their goals in life.
This article is an eye opener especially for all the educators and students. I remember Jim Collins mentioned in his book “built to last” that good is the enemy of great and all the departments need to adapt change in order to make a company great, visionary or timeless.
HRM is also changing due to change in global business environment. Traditional hiring and selection method is changing. This article is very helpful for students especially the recommendation part.
I love the idea of how companies are shifting their focus of hiring; giving the talent of an individual more importance over his/her secured CGPA. One amazing article, I must say!
The new ways of assessing will be very beneficial in the long run because every organization needs different kind of people, not only the routine high achievers. It will help to blend creative and talented people along with highly educated ones. A very practical and futuristic article.
I love the idea of how companies are shifting their focus; giving more importance to talent, the individual has, over his/her secured CGPA. Amazing article, I must say!
(corrected) This will be a massive change observed in the field of HR. Many students will be heading towards the field of HR rather than opting for any other major career fields in future.
Very well articulated, Indeed! Hats off to the rapidly changing traditional practices and acceptance of an entirely new concept. The adaptation of this concept will bring innovation in the workplace by replacing book worms with street-smart individuals.
A very well written article.
The discovery that HR is no longer restricted to the traditional recruitment procedure, and the fact that it has started to incorporate technology as a major input in their performance, proves that HR is moving towards the direction where if it remains steadfast and focused, will achieve great heights.
The idea of internet being the new resume and the variations in the recruitment procedure, I believe can very well invite great talent and help in creating a dynamic workforce.
Undoubtedly, the article provides a great insight in the workings of HR, and incorporation of these practices can greatly help improve business conditions in the near future.
Very well written. As global trends are changing rapidly and now firms are more talent oriented then GPA oriented so its better that people should focus on their talent rather than wasting time in doing things which is not of their interests.
The article as a general tells about how world is changing , telling about what is necessary for recruitment and what is not. And i must say through this idea we restrict to kill the creativity , its great to know that the way to train people motivate them and satisfy them is going to change which will lead to betterment of the economy.
The global trends are changing rapidly. I believe that this has summarized what the organizations need to take into account for the future.
A well written article about the future of HR .Great work !
Great to have people who believe in the cause of HR! Great piece!
I truely enjoyed the idea that Internet is the new resume
With the time things are changing in a good ways .College degrees ,CGPA and score test obviously don't show the true strength of a candidate and soon it will be accepted by our companies. Technology has made every thing easy like training from MOOCS prove to be beneficial for companies as well as employees.our local companies should adopt all these changes but definitely it would take time.lets hope for the best. I hope this articles changes the believs of HR managers in pakistan :)
Due to "Saithiya owned" companies culture in Pakistan, the implementation of this new recruitment techniques is very difficult. But on the other hand, many companies look for the capabilities and capacities of the candidate before hiring through different tests and techniques.
In order to bring about change within the industry, we need to change the mind set of the companies.
Good and creative side of HR, it will really take time to implement this new trend of HR in pakistan but yes this article will help in changing view points of the people who are still on the view of considering GPA as hiring tool.
HR Management: New rules for engagement article is very helpful. In this Article new ways of hiring and rewarding employees are being explained clearly, because the degrees and GPA are not worth if u have a passion so u done ur job effectively. The changes are not just limited to the recruitment process, but extend to other aspects of talent management as well. Rewarding Employees not only monetary rewards as well as non monetary rewards for satisfaction.
The article proves to be quite true with the dynamic environment.. old criteria for hiring is vague now... more emphasis on intelligence, creativity, self reliance, networking, and extra curricular activities reflect a persons talents which proves him to be successful in the longer run...
very well written piece of knowledge for those who really accept the fact that the world is changing rapidly and that people will not be tested by their grades anymore. Although it will increase the competition to some extent but will also allow potential talent to grow. This is not practiced in pakistan yet but we hope to see the future brighter for the fresh enters to the market.
Training and development expenditures are good motivators for the employees, employees feel that they are valued in the organization and they don't leave the organizations if they are continuing learning. MOOCs is also a good training program. Another thing is that employees don't only need monetary rewards, they also look for non monetary rewards which increases their motivation.
The article is an eye opener for all the new job seeking graduates who will be sooner.or later entering the job industry ;with these changing trends I think the recruitmemts will be more genuine based.on skills than on credentials we can always hope for it to be implemented in Pakistan but it will take some time for sure.!
good and thoughtful points
Great Pointers. Looks like the HR side is in for a roller coaster. I hope our industry participants are prepared.