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Workforce 2020

Global Coverage Report
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PAN Communications

on 29 December 2014

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Transcript of Workforce 2020

THE FUTURE OF WORK
Five reasons why you are (probably) unprepared
Diginomica
, Mike Ettling
September 17, 2014

According to Workforce 2020, a sweeping global survey of more than 5,400 executives and employees in 27 countries conducted by the Oxford Economics Group on SAP’s behalf, they don’t understand how it differs or what makes employees tick.

Social Shares: Facebook/Twitter/LinkedIn/Google+ 117
United States
EMPLOYEES DON'T THINK
THEIR BOSSES CAN HACK IT
And Other Global Workforce Trends
Entrepreneur
, Catherine Clifford
September 15, 2014

More than half of employees across the world say their leaders lack the skills necessary to effectively manage their staff. That’s according to a survey of 5,400 executives and employees in 27 countries conducted by business software company SAP and global-forecasting company Oxford Economics

Social Shares: Facebook 141 | Twitter 111 | LinkedIn 125
LATEST OXFORD ECONOMICS RESEARCH
DEBUNKS FIVE MILLENNIAL MYTHS
Forbes
, Susan Galer
September 15, 2014

More so than any other type of workers, millennials want to make a difference in society through their work, are willing to toil beyond the exhaustion point, and always have one foot out the door—or not.
The study, entitled “Workforce 2020,” is based on feedback from over 5,400 executives and employees in 27 countries
. The findings may or may not be surprising to those of us working and living with millennials every day.

STUDY SHOWS MAJORITY OF EMPLOYERS NOT PREPARED
FOR FUTURE OBJECTIVES
Media Jobs Daily
, Vicki Salemi
September 12, 2014

In fact, just yesterday SAP released it during their SuccessConnect conference. They surveyed 2,700 executives and 2,700 employees worldwide and discovered two-thirds of businesses will not have made strides in order to build a workforce to meet their future business objectives.

LOOMING TALENT CRISIS:
Research shows companies
unprepared for future of work
Business and Leadership
, Karina Corbett
September 12, 2014

Businesses are facing the most diverse work environment that the world has ever seen with five different generations working together, across geographies — each with different skills, experiences and work habits, according to a new study by Oxford Economics and SAP. More of these workers will be freelancers and long-term contractors.
WEEKLY WRAP:
6 Critical Workforce Issues Companies Face
TLNT
, John Hollon
September 12, 2014

Workforce 2020 is the result of a survey of more than 5,400 employees and executives interviewed by Oxford Economics in 27 countries, and overall, the key finding is that two-thirds of businesses have not made significant progress toward building a workforce that will meet their future business objectives.

Social Shares: LinkedIn 46 | Twitter 91
SUCCESSCONNECT RECAP:
Customer Support and Working
With Millennials
ASUG News
, Craig Powers
September 12, 2014

The most popular announcements on Day 1 of SuccessConnect came in customer support and product management. Among those improvements was the promise to publish high-level suite roadmaps 12 months in advance.
WORKFORCE 2020:
How Ready Are You?
Forbes
, Mike Ettling
September 11, 2014

Meantime, social, mobile, analytics, and cloud technologies are forcing companies of all sizes, across all industries, and in all regions to leave behind traditional business models and reengineer new ones. And as new generations of professionals enter the global workforce they bring with them not only fresh ideas but new expectations.
SHOCKER! MILLENNIALS AREN’T
THAT DIFFERENT AFTER ALL WHEN
IT COMES TO HR STRATEGY
Diginomica
, Stuart Lauchlan
September 11, 2014

OK so it’s 2020 and you’re a global enterprise with employees all around the world. How do you manage that workforce? Well, the simple answer is that as things stand, you sort of don’t really, for the simple reasons that you don’t have the strategy, culture and tech in place to do so.
The study involved polling 5,400 employees and executives and interviewing 29 executives in 27 countries.
EMPLOYEES: PAY MATTERS MOST
Human Resource Executive
, Andrew Mcilvaine
September 11, 2014

When it comes to engagement, pay is the most important factor. The new Workforce 2020 survey, which queried more than 5,400 employees and executives in 27 countries and was conducted by Oxford Economics with the support of SAP, is the latest report to confirm this.

WORKFORCE 2020 – PART 2
What matters most to employees and what they really want from their employers
ZDnet
, Sven Denecken
September 11, 2014

In Part 1 — The Looming Talent Crisis we debunked some of the myths about the Millennial workforce. Today we will focus on some answers to the most pressing questions: what we need to understand and how can we act on it. An increase in the number of non-payroll positions for contingent workers will require changes to HR strategy and management — now.

SURVEY SAYS:
Survey Says: Everything You Know
About Millennials Is Wrong

Wall Street Journal, Lauren Weber
September 10, 2014

A new survey plants itself in the second camp, with some caveats. According to SAP SE, the German software giant that has bought up a number of human resources-related companies over the last few years, Millennials are no more likely to prioritize meaning, mission and personal life than workers of other generations.

Social Shares: Facebook 40 | Twitter 133 | LinkedIn 101
WORKFORCE 2020:
Oxford Economics’ Shows
The Future’s Not So Scary After All

Talent Culture
, Meghan M. Biro
September 10, 2014

In the second quarter of 2014, OE surveyed more than 2,700 executives and 2,700 employees from 27 countries on a wide range of subjects, everything from talent and leadership development to technology and data. What are we most concerned with going forward? What are our strengths, and what are our weaknesses?

Social Shares: Twitter 266 | Facebook 23 | LinkedIn 79 | Google+ 12
WORKFORCE 2020-PART 1:
The Looming Talent Crisis, or which
myths about Millenials are busted

ZDNet
, Sven Denecken
September 10, 2014

A new study conducted by Oxford Economics for SAP busts several myths that we hear about Millennials. More important, it found evidence that shows Millennials will be the workforce majority soon. It isolates several key factors that companies need to act on now.
ORGANIZATIONS PREDICT SURGE IN ENTERPRISE SOCIAL COLLABORATION SKILLS

SAP Business Trends
, Mika Sissonen
September 10, 2014

Executives predict a 66% boost in social collaboration proficiency in the next three years
The results of a survey by Oxford Economics, released today, show that today, only 42% of executives and 39% of employees agree that their company encourages collaboration across teams, as it relates to their organization’s culture of learning.

SPAIN
THIS IS THE PEOPLE MANAGEMENT FOR A PERIOD TAKE-OFF
El Mundo, September 15, 2014
THIS IS THE PEOPLE MANAGEMENT FOR A PERIOD TAKE-OFF
Expansión, September 15, 2014
A STUDY SHOWS THAT COMPANIES ARE NOT PREPARED FOR THE FUTURE OF WORK
Lider Digital, September 15, 2014
http://www.liderdigital.com/usuarios/validacion.php?id=117946&id_seccion=1&caducado=
WORKFORCE 2020:
THE LOOMING TALENT CRISIS
(OXFORD ECONOMICS Y SAP)
Informetic Plus, September 14, 2014
http://www.informeticplus.com/workforce-2020-looming-talent-crisis-oxford-economics-y-sap
TALENT CRISIS:
WHY COMPANIES ARE NOT PREPARED FOR THE FUTURE OF WORK
El Confidencial, September 12, 2014
http://www.elconfidencial.com/alma-corazon-vida/2014-09-12/crisis-de-talento-por-que-las-empresas-no-estan-preparadas-para-el-futuro-del-trabajo_190751/
THE IMMINENT TALENT CRISIS:
A study shows that we are not
prepared for the future of work
Equipos y Talento, September 12, 2014
http://www.equiposytalento.com/noticias/2014/09/12/la-inminente-crisis-de-talento-un-estudio-muestra-que-no-estamos-preparados-para-el-futuro-del-trabajo
IMMINENT TALENT CRISIS
IN THE FUTURE WORK
Hay Canal, September 12, 2014
http://www.haycanal.com/noticias/6322/Inminente-crisis-de-talento-en-el-futuro-laboral
SIX PROBLEMS FOR THE IMMINENT TALENT CRISIS
Observatorio Rh, September 12, 2014
http://www.observatoriorh.com/gestion/la-inminente-crisis-del-talento-seis-problemas-que-resolver-sobre-la-fuerza-laboral.html
MAIN PROBLEMS FACED BY COMPANIES
AND WORKERS
Silicon Week, September 11, 2014
http://www.siliconweek.es/noticias/inminente-crisis-de-talento-en-el-futuro-laboral-65805
THE IMMINENT TALENT CRISIS:
A study shows that companies are not prepared for the future of work

Humania TV, September 11, 2014
http://www.humania.tv/noticias/la-inminente-crisis-de-talento-un-estudio-muestra-que-las-empresas-no-estn-preparadas-para-el-futuro-del-trabajo
TALENT CRISIS: COMPANIES ARE NOT PREPARED FOR THE FUTURE OF WORK
Mkm-pi, September 11, 2014
http://www.mkm-pi.com/diario-informatico/crisis-de-talento-las-empresas-no-estan-preparadas-para-el-futuro-del-trabajo/
BUSINESS LACK STRATEGY
Dataprix, September 11, 2014
http://www.dataprix.com/noticias-it/tendencias-tecnologicas/las-empresas-carecen-estrategia-gestionar-compromiso-fuerza-laboral-cada-vez-mas-glo
to manage the commitment of an increasingly global, diverse and temporary workforce, according to a new study by Oxford Economics and SAP
COMPANIES ARE NOT PREPARE
FOR THE FUTURE OF WORK
Computing, September 11, 2014
http://www.computing.es/gestion/noticias/1076420001401/empresas-no-preparadas-futuro-trabajo.1.html
THE 6 MAIN PROBLEMS
that companies face to the global talent crisis looming
RRHH Press, September 12, 2014
LACK OF STRATEGY AND SOLUTIONS
for managing a global workforce
CIOSpain, September 11, 2014
http://www.ciospain.es/retail/falta-de-estrategia-y-soluciones-para-gestionar-una-fuerza-laboral-global
AUSTRALIA
AUSTRALIAN WORKFORCE NOT READY FOR TECHNOLOGY SHIFT
ZDNet, September 11, 2014
http://www.zdnet.com/australian-workforce-not-ready-for-technology-shift-sap-7000033812/
DOES HR HAVE A SEAT AT THE SENIOR LEADERSHIP TABLE?
Forbes,
Rawn Shah
September 19, 2014

The central theme of the first report on this study seems to revolve on the HR’s seat at the table, that is, their weight in the strategic business decisions of their organizations. I think they make the case for it well. It suggests that “people management will need to become more strategic and evidence-based to accommodate the increasingly flexible and diverse workforce of the future.”
HAVE YOU GOT MILLENNIAL WORKFORCE EXPECTATIONS ALL WRONG?
Forbes, Rawn Shah
September 25, 2014

From their infographic
68% of Millennials consider compensation the most important to them
, compared to 64% in other generations. By a small margin, they are more compensation minded than even GenX. Work-life balance also ranks lower at 29% for Millennials compared to 31% for others. They are willing to work more. Similarly, according to their data, the top three of what employees want are “Higher compensation”, “More comprehensive benefits”, and “Career opportunities”.
WORKFORCE 2020
Global Coverage Report
TWO-THIRDS OF AUSTRALIAN BUSINESSES
AREN’T PREPARED FOR 2020’S WORKFORCE
Rust Report, September 24, 2014
http://www.rustreport.com.au/issues/latestissue/two-thirds-of-australian-businesses-aren%E2%80%99t-prepared-for-2020%E2%80%99s-workforce/
MIKE ETTLING: HOW YOU CAN PREPARE FOR THE FUTURE OF WORK TODAY
Forbes, Dan Schwabel
September 29, 2014

In the following interview, Ettling reveals new research that his company conducted on the 2020 workplace. We find out what his view of the future of work looks like, why the skills gap is widening, how HR will change and more.
http://blogs.wsj.com/atwork/2014/09/10/survey-says-everything-you-know-about-millennials-is-wrong/
http://diginomica.com/2014/09/17/future-work-five-reasons-probably-unprepared/#.VCrGOue-B2L
http://www.tlnt.com/2014/09/12/weekly-wrap-6-critical-workforce-issues-companies-face/
http://www.forbes.com/sites/danschawbel/2014/09/29/mike-ettling-how-you-can-prepare-for-the-future-of-work-today/
http://www.forbes.com/sites/sap/2014/09/15/latest-oxford-economics-research-debunks-five-millennial-myths/
http://www.mediabistro.com/mediajobsdaily/study-shows-majority-of-employers-not-prepared-for-future-objectives_b18638
http://www.businessandleadership.com/leadership/item/47523-looming-talent-crisis/
http://www.asugnews.com/article/successconnect-2014-recap-announcements
http://www.forbes.com/sites/sap/2014/09/11/workforce-2020-how-ready-are-you/
http://www.zdnet.com/workforce-2020-part-1-the-looming-talent-crisis-or-which-myths-about-millennials-are-busted-7000033443/
http://diginomica.com/2014/09/11/shocker-millennials-arent-different-comes-hr-strategy/#.VCrJ_Oe-B2K
http://blog.hreonline.com/2014/09/11/employees-pay-matters/
http://www.talentculture.com/news-from-talentculture/workforce-2020-oxford-economics-shows-the-futures-not-so-scary-after-all/
http://scn.sap.com/community/business-trends/blog/2014/09/10/organizations-predict-surge-in-enterprise-social-collaboration-skills
http://www.zdnet.com/workforce-2020-part-2-what-matters-most-to-employees-and-what-they-really-want-from-their-employers-7000033444/
http://www.forbes.com/sites/rawnshah/2014/09/19/does-hr-have-a-seat-at-the-senior-leadership-table/
http://www.forbes.com/sites/rawnshah/2014/09/25/have-you-got-millennial-workforce-expectations-wrong/
A new study has revealed that less than half of Australian employees are receiving training on improving their analytic skills and knowledge around the cloud.
Global research launched by Oxford Economics and supported by SAP has found that more than 60 per cent of Australian businesses have not made significant progress towards building a workforce strategy that will meet the business needs of tomorrow.
The report, based on a survey of 2,700 executives, says that in a short period of time, demographic changes and technological advances have radically transformed the way and the reasons to work.
Businesses are facing the most diverse work environment that the world has ever seen with five different generations working together, across geographies, each with different skills, experiences and work habits.
Businesses are facing the most diverse work environment that the world has ever seen with five different generations working together, across geographies, each with different skills, experiences and work habits.
Even knowing that many companies recognize the importance of managing a more international, diverse and increasingly mobile workforce, however, most lack strategy, culture and solutions to do so. As we can see in WorkForce 2020, an independent and comprehensive study by Oxford Economics, supported by SAP, two-thirds of the companies have not made significant progress in creating a workforce that meets their future business goals.
Although companies have a more international, diverse and increasingly mobile workforce, most lack strategy, culture and solutions to properly manage it.
A new study by Oxford Economics and SAP shows that companies lack strategy and solutions to manage and secure the commitment of an increasingly global, diverse and temporary workforce.
Businesses are facing the most diverse work environment that the world has ever seen with five different generations working together, across geographies — each with different skills, experiences and work habits. More of these workers will be freelancers and long-term contractors. All of this represents a major opportunity for productivity, talent development and employee engagement, but according to new wide-scale research from Oxford Economics, most companies are unprepared to capitalize on it.
Businesses are facing the most diverse work environment that the world has ever seen with five different generations working together, across geographies, each with different skills, experiences and work habits. More of these workers will be freelancers and long-term contractors.
Businesses are facing the most diverse work environment that the world has ever seen with five different generations working together, across geographies, each with different skills, experiences and work habits.
Businesses are facing the most diverse work environment that the world has ever seen with five different generations working together, across geographies, each with different skills, experiences and work habits.
Many companies recognize the importance of managing a more international, diverse and increasingly mobile workforce; Despite this, most lack strategy, culture and solutions to do so.
http://www.rrhhpress.com/index.php?option=com_content&view=article&id=26634:los-6-principales-problemas-a-los-que-se-enfrentan-las-empresas-ante-la-crisis-mundial-de-talento-que-se-avecina&catid=87:estrategia&Itemid=268
ASIA
TALENT MANAGEMENT POLICIES NEED TO ADAPT
TO WANTS AND NEEDS OF MILLENNIALS
SMBWorld Asia
September 29, 2014
http://enterpriseinnovation.net/article/talent-management-policies-need-adapt-wants-and-needs-millennials-1972694858
INFLUX OF MILLENNIALS TO IMPACT COMPENSATION MODELS, HR POLICIES OF ASIA-PACIFIC FIRMS
CFO Innovation
September 24, 2014
http://www.cfoinnovation.com/story/8882/influx-millennials-impact-compensation-models-hr-policies-asia-pacific-firms
CHINA
ASIA­PACIFIC FIRMS BRACE FOR ENTRY OF 'MILLENNIALS' TO THE WORKFORCE
Philippine Daily Inquirer
September 29, 2014
http://article.isentia.asia/viewarticles/default.aspx?acc=LgO5rKCM3uQ=&app=KRJC/ilOPME=&file=b7KViUh8J+ggfxw6gctRmwjhzZQYvXdFsoD6fAFK70Y6gi/pRgwtfEoyRBpGt97/
ASIA PACIFIC FIRMS ANTICIPATE HIGHEST IMPACT FROM MILLENNIAL INFLUX IN FUTURE WORKFORCE
IT News 24 Hours
September 26, 2014
http://en.itnews24hrs.com/2014/09/apac-firms-anticipate-highest-impact/
PHILIPPINES
THAILAND
INDIA INC ILL-PREPARED TO MANAGE
CONTINGENT WORKFORCE, SAYS STUDY
FirstBiz
September 25, 2014
http://firstbiz.firstpost.com/corporate/india-inc-ill-prepared-manage-contingent-workforce-says-study-101739.html
INDIA
ARE BUSINESS LEADERS READY
FOR WORKFORCE 2020?
CXOtoday
September 25, 2014
http://www.cxotoday.com/story/are-business-leaders-ready-for-workforce-2020/
INDIAN COMPANIES ARE UNPREPARED
FOR THE FUTURE OF WORK!
CIO & Leader
September 25, 2014
http://www.cioandleader.com/cioleaders/news/43977/indian-companies-unprepared-future#sthash.2wZPoMRe.t3V3a4KP.dpuf
MILLENNIALS IN THE WORKFORCE (TV)
Channel News Asia
September 23, 2014

http://www.channelnewsasia.com/tv/tvshows/firstlook/lotsmore/millennials-in-the/1388950.html
APAC FIRMS ANTICIPATE HIGHEST IMPACT FROM MILLENNIAL INFLUX IN WORKFORCE
Digital Market Asia
September 26, 2014
http://www.digitalmarket.asia/apac-firms-anticipate-highest-impact-from-millennial-influx-in-workforce/
YOUR EMPLOYEES DON’T HAVE
FAITH IN YOUR LEADERSHIP
Human Resources
September 17, 2014

http://www.humanresourcesonline.net/employees-dont-have-faith-leadership/
SINGAPORE & MALAYSIA
APAC FIRMS MOST AFFECTED BY
MILLENNIALS IN FUTURE WORKFORCE
Digital News Asia
September 25, 2014
http://www.digitalnewsasia.com/tech-at-work/apac-firms-most-affected-by-millennials-in-future-workforce
LOYALTY AMONG ASIAN EMPLOYEES
NO LONGER VALUED, BUT IT SHOULD
ZDNet Asia
September 24, 2014

http://www.zdnet.com/loyalty-among-asian-employees-no-longer-valued-but-it-should-7000033966/
STUDY SHOWS MILLENNIALS NOT MORE
LIKELY TO JOB HOP THAN OLDER WORKERS
Biz Daily
September 24, 2014

http://bizdaily.com.sg/newsite/study-shows-millennials-not-more-likely-to-job-hop-than-older-workers/
MOST COMPANIES CAN'T ADDRESS NEEDS OF CHANGING WORKFORCE – SAP RESEARCH
CIO Asia
September 17, 2014


http://www.cio-asia.com/mgmt/careers/most-companies-cant-address-needs-of-changing-workforce---sap-research/
THIS IS THE MANAGEMENT OF PEOPLE
FOR A TIME OF TAKE-OFF
Expansión Emprendedores & Empleo, September 13, 2014
IMPENDING TALENT CRISIS: BUSINESSES SHOULD BE PREPARED OR THEY WILL ANCHOR IN THE PAST
TechWeek, September 30, 2014
Businesses are facing the most diverse work environment that the world has ever seen with five different generations working together, across geographies — each with different skills, experiences and work habits. More of these workers will be freelancers and long-term contractors. All of this represents a major opportunity for productivity, talent development and employee engagement, but according to new wide-scale research from Oxford Economics, most companies are unprepared to capitalize on it.
http://www.techweek.es/empresas/analisis/1014448002701/inminente-crisis-talento-empresas-no-preparadas-futuro-trabajo.1.html?utm_source=newsletter&utm_medium=email&utm_campaign=20140930
GOOD BYE TO THE 40 HOURS PER WEEK AT THE OFFICE
La Razon, October 5, 2014
In a news about the new forms of work organization, published by the newspaper La Razon in its Sunday edition, the author refers to the study at Oxford Economics and SAP noting that companies increasingly hire more outside their organizations the experience and resources they need. That is how they cover internal skill gaps and resources they have to cope with.
UNITED KINGDOM
FIRMS LACK TECHNOLOGY FOR WORKFORCE OF THE FUTURE
Computer Weekly
, Bill Goodwin
http://www.computerweekly.com/news/2240233165/Firms-lack-technology-for-workforce-of-the-future
European businesses will rely increasingly on freelance, geographically dispersed employees as they vie to attract the top skills over the next 5 years. But they lack the technology and strategies to manage their workforce effectively, a survey of 5000 executives in 27 countries from Oxford Economics and SAP found.
INACCURACIES REVEALED IN TECHNOLOGY CANDIDATES' CVS
Computer Weekly
, Kayleigh Bateman
http://www.computerweekly.com/news/2240233172/Inaccuracies-revealed-in-technology-candidates-CVs
More than a third (37.1%) of CVs for technology companies have inaccuracies – compared with the national average of 27.2% - a survey from pre-employment screening firm First Advantage has revealed.
MILLENNIALS ARE MISUNDERSTOOD, SAYS REPORT ON THE FUTURE WORKFORCE
HR Review
, Adam Chandler
http://www.hrreview.co.uk/hr-news/recruitment/millennials-are-misunderstood/53935
The workforce of the future will look different than it does today. A new study finds that most EMEA companies are unprepared to address these changes. As revealed in Workforce 2020, a global survey of more than 5,400 executives and employees in 27 countries conducted by the independent research group Oxford Economics with support from SAP SE, most human resource (HR) organizations recognize the importance of managing an increasingly global, diverse and mobile workforce.
HR TECHNOLOGY USED TO SAVE LIVES FOLLOWING NATURAL DISASTERS
Computer Weekly
, Bill Goodwin
http://www.hrreview.co.uk/hr-news/recruitment/millennials-are-misunderstood/53935
An international development organization is using technology developed for HR managers to deliver urgent help to children affected by wars and natural disasters.
HR TECHNOLOGY IS A RUNNING SHOE
HR Grapevine
http://www.hrgrapevine.com/markets/hr/article/2014-10-23-hr-technology-is-a-running-shoe
HR technology is a running shoe, according to VP, Product Management - Employee Central, at SuccessFactors. Thomas Otter’s statement came in response to the Chief People Officer at WDS’ talk at SuccessConnect 2014 in Amsterdam. David Bowes said: “I deliver HR to employees through managers, so these managers need the right tools to deliver it.”
SAP'S SUCCESSFACTORS AND 'NO HR'
Angela Eager, 29 October 2014
http://www.techmarketview.com/ukhotviews/archive/2014/10/29/saps-successfactors-and-no-hr
Immersed in all things HR at the SuccessFactors SuccessConnect European conference it was bit of a jolt to hear Mike Ettling President, HR line of business at SuccessFactors and SAP declare: “the future of HR is no HR." It was a smart attention-grabbing statement and obviously he is not predicting the demise of the HR function, rather that HR needs to operate beyond its traditional area of transactional back office processes and get truly engaged as a function that enables the business.
WHAT'S IN THE HORIZON FOR WORKFORCE
IN MALAYSIA?
enterpriseitnews.com.my (Malaysia)
27.10.2014


http://www.enterpriseitnews.com.my/biz-performance/item/3951-what-s-in-the-horizon-for-workforce-in-malaysia.html
According to a survey by Oxford Economics Research, supported by SAP, Millennials - employees who started working since the new millennium, and who encompass the 14-35 age group - are not only going to make up a majority of the workforce in Malaysia; they are poised to enter the ranks of company leadership. In a briefing to journalists, Bernard Chiang, Managing Director of SAP in Malaysia, said: "At SAP, we are changing with the times and are embracing Millennials. When we look at our senior leadership, we see the importance of filling those ranks with younger people." He added that SAP's training initiative, launched in 2011, had so far trained 5.000 Millenials, with the number expected to increase to 3.000 per year from 2014 (also seen at New Straits Times).
SAP On The Future Of The Workforce
thestar.com.my (Malaysia)
20.10.2014


http://www.thestar.com.my/Tech/Tech-News/2014/10/20/SAP-on-the-future-of-the-workforce/
A study commissioned by SAP and conducted by Oxford Economics revealed a number of interesting trends about the workforce in Malaysia and other countries. The study revealed that, contrary to popular belief, Millennials have much the same expectations and goals as non-Millennials. When asked if they were making a positive difference in the world, 29 percent of Millennials felt they did so, compared with 31 percent of non-Millennials. Better compensation was considered important for 75 percent of Millennials compared with 63 percent of non-Millennials. Meanwhile one of the top skills identified was related to data analytics, where demand currently stands at about 16 percent but is likely to grow to 41 percent in the future.
AFRICA
THE TRANSFORMATION OF THE WORKPLACE
IN SOUTH AFRICA
CNBC Closing Bell Show (Television)
5 November 2014


http://www.cnbcafrica.com/video/?bctid=3876465099001
By 2020, the workplace will have undergone tremendous change to transform into the msot diverse that the world has ever seen. Workers will possess different skills, experiences and habits; this according to a report done by SAP Africa. Joining CNBC Africa for this discussion is Brett Parker, MD for Southern Africa, SAP Africa.
PREPARING FOR THE WORKPLACE OF
TOMORROW USING TODAY’S INSIGHTS
HR Pulse (Online and Print Magazine)
5 November 2014
http://www.hrpulse.co.za/editors-pick/231668-preparing-for-the-workplace-of-tomorrow-using-todays-insights
By 2020, the workplace will have undergone tremendous change to transform into the most diverse that the world has ever seen, characterised by multiple generations working together. Workers will possess different skills, experiences, habits, and motivations,
with a larger percentage of these workers being freelancers and contractors rather than full-time employees.
PREPARING FOR THE WORKPLACE OF
TOMORROW USING TODAY’S INSIGHTS
Biztech Africa (Online)
5 November 2014
http://www.biztechafrica.com/article/preparing-workplace-tomorrow-using-todays-insights/9099/#.VGNUJqMaKM8
By 2020, the workplace will have undergone tremendous change to transform into the most diverse that the world has ever seen, characterised by multiple generations working together. Workers will possess different skills, experiences, habits, and motivations,
with a larger percentage of these workers being freelancers and contractors rather than full-time employees.
2020 SURVEY SHOWS KEYS TO FUTURE EMPLOYEE SATISFACTION — AND CONCERNS
Futurewave BIT Online
5 November 2014
http://www.business-it.co.za/workforce-2020-survey-shows-keys-future-employee-satisfaction-concerns/
By 2020, the workplace will have undergone tremendous change to transform into the most diverse that the world has ever seen, characterised by multiple generations working together. Workers will possess different skills, experiences, habits, and motivations, with a larger percentage of these workers being freelancers and contractors rather than full-time employees.
WHAT DOES THE WORKPLACE OF
TOMORROW LOOK LIKE?
IT News Africa (Online)
5 November
http://www.itnewsafrica.com/2014/11/what-does-the-workplace-of-tomorrow-look-like/
By 2020, the workplace will have undergone tremendous change to transform into the most diverse that the world has ever seen, characterised by multiple generations working together. Workers will possess different skills, experiences, habits, and motivations, with a larger percentage of these workers being freelancers and contractors rather than full-time employees.
RETHINKING FUTURE SKILLS DEVELOPMENT
IT Web Training (Online)
12 November 2014
http://www.trainingweb.co.za/news/training-and-e-learning/1940-rethinking-future-skills-development
As companies transform themselves, they need to respond to these profound market changes, they need to arm themselves with employees who have the skills and the motivation necessary to take these companies into the future.
FEW ARE MAKING PLANS TO MANAGE THE NEW REALITY
The Star Newspaper (Print)
12 November 2014
http://www.pressreader.com/search?query=few%20are%20making%20plans
As companies transform themselves, they need to respond to these profound market changes, they need to arm themselves with employees who have the skills and the motivation necessary to take these companies into the future.
Cloud Computing Promotes Human Resource Management Revolution, SAP Intensively Develops In China
Xinhua News Agency
November 19
http://news.xinhuanet.com/info/2014-11/19/c_133800030.htm
With the company's global and local experience, SAP will continue to cultivate the Chinese Human Resource management market. At the recent SAP SuccessConnect Beijing, Cecil Ko, General Manager of Cloud at SAP Greater China, said that SAP hopes to become the cloud computing enterprise by using the SAP HANA technology. Mike Ettling, President of the HR line of business at SAP, thinks that the Chinese market brings SAP plenty of opportunities. The trend in China also reflects the global trend. Cloud computing is driving HR management to achieve "standardization", and enterprises hope to "simplify” the complex HR management. Ettling pointed out that this was also the focus of SAP’s development. In addition to talent supply chain management, SAP also provides suitable solutions and excellent user experience with its own platforms and technologies.
CLOUD COMPUTING PROMOTES HUMAN RESOURCE MANAGEMENT REVOLUTION, SAP INTENSIVELY DEVELOPS IN CHINA
Xinhua News Agency
November 19
http://news.xinhuanet.com/info/2014-11/19/c_133800030.htm
With the company's global and local experience, SAP will continue to cultivate the Chinese Human Resource management market. At the recent SAP SuccessConnect Beijing, Cecil Ko, General Manager of Cloud at SAP Greater China, said that SAP hopes to become the cloud computing enterprise by using the SAP HANA technology. Mike Ettling, President of the HR line of business at SAP, thinks that the Chinese market brings SAP plenty of opportunities. The trend in China also reflects the global trend. Cloud computing is driving HR management to achieve "standardization", and enterprises hope to "simplify” the complex HR management. Ettling pointed out that this was also the focus of SAP’s development. In addition to talent supply chain management, SAP also provides suitable solutions and excellent user experience with its own platforms and technologies.
SURVEYS UNVEIL NEW TRENDS OF CHINESE WORKFORCE MARKET
China News Service
November 18
http://finance.chinanews.com/cj/2014/11-18/6789691.shtml
Themed under “Talent Strategy, Planning for Future”, the SAP SuccessConnect was held in Beijing. The Workforce 2020 was launched at the event, unveiling multi-dimension findings of Chinese labor workforce. “The findings reflect the mainstream trends, challenges, opportunities as well as potential improvements in HR strategies, SAP has industry-leading HCM software and solutions, and with these findings, SAP can help companies to better align their HR strategies with business goals to achieve success.” said Mark Gibbs, President of SAP Greater China.
REPLYING ON ITS BEST PRACTICES, SAP DEEPLY INVOLVES
IN CHINESE HR MARKET
IT186
November 20
http://cio.it168.com/a2014/1119/1683/000001683836.shtml
At the SAP SuccessConnect, Mike Ettling, President of the HR LoB at SAP said in an interview that human capital, talents and leadership are important factors for enterprises to achieve business success, and technology innovations is a key enabler. Cecil Ko, General Manager of Cloud for SAP Greater China also pointed out that, “Huge challenges will be brought to leadership team if they fail to acknowledge the talent management or quickly adapt to the changes in workforce market. China market has been changing a lot, from labor-intensive to a talent-intensive.” Cecil expressed strong confidence in SAP’s “in China for China” strategy, and pointed out that SAP’s leading solutions and global best practice in HCM make them stand out from competitions.
SAP AND OXFORD ECONOMICS UNVEIL “WORKFORCE 2020”
SURVEY IN CHINA
ZDnet
November 18
http://soft.zdnet.com.cn/software_zone/2014/1118/3039408.shtml
SAP and Oxford Economics unveiled the results of the global “Workforce 2020” survey at SAP SuccessConnect in Beijing. According to the survey, there are several new trends, including Millennials entering the workforce, a globalization of labor supply, and an increasing number of contingent employees in the Chinese labor workforce. In consequence, the emphasis on career development and leadership training necessitates a local talent strategy revolution. Mark Gibbs, President of SAP Greater China, said that the survey provides valuable insights into human capital management to the local Chinese enterprises. It reflects the mainstream trends, challenges, opportunities as well as potential improvements in HR strategies. SAP offers industry-leading HCM software and solutions, and with these findings, SAP can help companies to better align their HR strategies with business goals to achieve success.
SAP SUCCESSCONNECT DEBUTS IN CHINA
51CTO
November 18
http://news.51cto.com/art/201411/457374.htm
Focusing on “Talent Strategy, Planning for The Future”, SAP SuccessConnect in Beijing was for the first time held in China. It together brought human resources professionals with HCM software and IT experts and SAP customers. At the event, the results of “Workforce 2020” were also presented. According to the global survey, 83 percent of executives increase the number of temporary employees, seasonal workers or consultants. This trend brings a greater challenge to the corporate talent management and personnel training. To face this, SAP provides enterprises with ERP-based SAP HCM and cloud-based SuccessFactors HCM solutions.
WHAT’S BLOCKING WORKFORCE CHANGE?
HR Magazine
, Dori Meinert
November 2014

Globalization, labor market shifts and technological advances are causing many organizations to rethink their operational models and workforce strategies. To survive, they need motivated, skilled employees who are quick to adapt. Yet two-thids of business acknowledged that they haven't made significant progress toward building a workforce that will meet their long-term business goals, according to Workforce 2020.
http://www.hrmagazine-digital.com/hrmagazine/november_2014?folio=16#pg18
WHAT HIGH PERFORMERS WANT AT WORK
Harvard Business Review
, Karie Willyerd
November 18, 2014

A high performer can deliver 400% more productivity than the average performer.

Despite this, when most managers look at workforce statistics, all employees tend to be lumped together into a category so broadly defined that it becomes difficult to take meaningful decisions. If your average employee tenure is six years, is that good or bad? You could benchmark the Fortune 500 and find that indeed you would look pretty good, tied at 40th place. But if the people you are keeping are the low performers and your high performers are leaving, would that be really so great?
https://hbr.org/2014/11/what-high-performers-want-at-work
CANADA
CANADA’S PRIVATE SECTOR WILL HAVE NOBODY TO BLAME FOR THE ‘TALENT CRISIS’ BUT THEMSELVES

Financial Post
, Cody Gault
Nov 21 2014

The much-maligned liberal arts degree tends to be the first thing we sacrifice at the altar of the looming ‘talent crisis.’ If only Canadians pursued serious STEM educations, the argument goes, we would be more competitive in the global marketplace. Workforce 2020, a new survey by Oxford Economics of more than 5,400 executives and employees from 27 different countries, may provide some answers.
http://business.financialpost.com/2014/11/21/canadas-private-sector-has-nobody-to-blame-for-the-talent-crisis-but-themselves/
BRIDGING THE IT TALENT GAP
Financial Post
, Kathryn Boothby
Nov 17, 2014

It’s time to build a bridge to the IT workforce of the future before it’s too late, says Kirsten Sutton, managing director with SAP Labs Canada. The technology industry is outperforming most other sectors in the country. There is a talent war that will continue to build over the next five years. Yet there is a significant deficit in young people opting for technology as a career choice.
http://business.financialpost.com/2014/11/17/bridging-the-it-talent-gap/?__lsa=a2e2-71eb
BRIDGING THE GAP: STEPS TO CREATING A LEARNING CULTURE THAT MAKES THE GRADE
HRO Today
, Jenny Dearborn
November 21, 2014

Knowledge has always been power. But in today’s competitive work environment, new research shows that companies aren’t placing enough emphasis on acquiring and retaining new skills.
http://www.hrotoday.com/news/engaged-workforce/learning/bridging-the-gap/
HOW TO ADVANCE UP THE CAREER LADDER
Fortune
, Katherine Reynolds Lewis
November 5, 2014

If you’ve been in the same role for two, three, or five years, chances are you need the secrets to the do-it-yourself career path.

A generation ago, many companies offered a straightforward career ladder. If you performed well, you could count on a steady climb in salary, job title, and responsibilities until receiving a gold watch for 25 years of loyal service.
http://for.tn/1okPdjb
WHAT THE NEXT GENERATION OF PROCUREMENT TALENT WANTS FROM WORK
Procurement Leaders
, Paul Teague
November 24, 2014

CPOs across industry are spending a great deal of time thinking about the next generation of procurement professionals – where to find them, how to recruit them, how to develop them, and how to enable them to fulfill their potential and the potential of procurement itself. It’s not an easy task, especially since new technology, globalization, and even diversity are converging to change the workplace in ways previously unimaginable.
http://www.procurementleaders.com/blog/my-blog--paul-teague/2014/11/24/what-the-next-generation-of-procurement-talent-wants-from-work
GERMANY
THE STRATEGY OF THE FUTURE: TEACH AND LEARN
Gesund und Arbeit
, 15/12/2014
http://issuu.com/inpactmediaverlag/docs/gesundheit_und_arbeit_handelsblatt_?e=1233818/10577867
Interview with Wolfgang Fassnacht, HR for SAP, Germany.
Mr Fassnacht, Oxford Economics takes a look at the workforce of the future in a study workforce 2020. What surprised you most about the findings? Surprise would be to strong a word, it pleased me that the misunderstanding about millenials has been cleared.

VERY FEW COMPANIES ARE PREPARED FOR THE
GROWING IMPORTANCE OF NEW TECHNOLOGIES
Datendschungel.de
, 9/12/2014
http://www.datendschungel.de/2014/allgemein/die-wenigsten-unternehmen-sind-auf-die-wachsende-bedeutung-neuer-technologien-vorbereitet/
German companies are increasingly relying on external staff. According to a recent study, many German companies are increasingly relying on external staff, part-time or seasonal employees and consultants. The study Workforce 2020- revealed by the independent research institute, Oxford Economics - was conducted among more than 5,400 employers and employees in 27 countries - supported by SAP. (Original in German)
NETHERLANDS
START NOW WITH PREPARING FOR THE WORKFORCE OF 2020
HR Zone
, 16/12/2014
http://www.hrzone.nl/arbeidsmarkt/arbeidsmarkt-artikelen/entry/start-nu-met-voorbereiden-op-de-workforce-van-2020
New generations that enter the labor market expect an innovative, flexible employer. Working independently from place and time and on the device of your choice: it is no longer a privilege; it has become the standard. That means HR departments have their work cut out for them. HR managers should prepare themselves and their companies for the workforce of the future. And they better be quick. Because the future is here within six years. New generations are entering the labor market and older employees retire. The workforce will therefor change immensely and so will your company. Mark Raben, Head of Customer Innovations at SAP in the Netherlands: “Recent research shows that in the future, businesses are increasingly successful when hiring a diversity of people. Looking at problems from different angles (as you do with the method of Design Thinking) helps in finding creative, innovative and resourceful solutions. So HR should start in building strategies for finding all kinds of people, nurturing them and retaining talent in a era where talent, relevant capabilities and the right set of skills are rare.”
Full transcript