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This Week in Consulting

Friday, Aug 24th, 2018

Redefining the Role of HR in Workforce Innovation

THIS WEEK’S MUST READ

“ Decisions on workforce strategy need to incorporate a wide set of factors and trends across society, technology, demography. They should also address the tax, legal and regulatory implications. The need to properly plan for the short-, mid- and long-term is greater than ever.” In addition to traditional pressures mounting for HR, it will be incumbent upon HR to address challenges associated with the Workforce of the Future, requiring HR to address new domains and employ new ways of thinking. There are six primary challenges to be addressed: workforce strategy, workforce performance and experience, workforce environment, workforce risk, diversity and inclusion, and learning strategies. This Week’s Must Read features an analytical piece from PwC, in which the consultants offer solutions to these challenges. Read on to Find out More: “Rethinking HR for the Future of Work”, featuring Scott Pollak, Shebani Patel, Talia Rozensher from PwC.


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THIS WEEK’S VIDEO:

Quackery and pseudoscience can be very dangerous. Not only in medicine but also in human resources. Alarmed by the nonsensical ideas of Transactional Analysis, Patrick Vermeren set out on a mission to reveal the truth about the many HR theories, models and questionnaires.

INDUSTRY NEWS & INSIGHTS

  • EY Expands Global Legal Managed services Offering with Acquisition of Riverview Law: With the Big Four looking to enter the coveted legal space, and open themselves up to lucrative new contracts in the process, the foursome are weighing up merger and acquisition activity to break into the market. The UK wing of EY has struck a deal to purchase Riverview Law, as the professional services giant works to expand its legal offering. | EY Press Release
  • Stantec Signs Letter of Intent to Acquire UK-Based Peter Brett Associates: Alberta-headquartered engineering group Stantec has been increasing its UK footprint via a campaign of aggressive acquisitions in recent months. The latest in a succession of Canadian acquisitions of UK firms has seen Stantec agree to acquire Peter Brett Associates. The British consultancy is in line to become a part of the engineering giant once the deal is finalised at the turn of the month. | Market Watch
  • Grey launches Consulting Arm to Battle the Management Consultants: One of the world’s largest design agencies has launched a consulting outfit, as the two industries continue on their trajectory towards a historic synthesis. Grey Consulting is not billed as a direct competitor of established consultancies, however the firm behind the new entity hope that its creative experience will help give it a competitive edge when winning consulting business from its existing clients. | Consultancy uk

THOUGHT LEADERSHIP

  • What’s the Role of HR in agile Organizations?: As organisations strive for greater agility, many are quickly realising that introducing Agile practices and processes like Scrum and SAFe just isn’t enough. Successful agility is dependent on a shift in culture and values – becoming more transparent, collaborative, user-centric and team-based.  | Amy Dickenson, PA Consulting
  • Innovation: A Strategic HR Imperative: HR leaders need to understand the critical importance of innovation today and how to contribute to your organization’s Innovation mandate by attracting and keeping the most innovative people, constantly improving their skills and creating a culture of innovation. This will enable your organization to differentiate itself. These are a part of the role of HR. | Michael Stanleigh, BIA Consulting
  • 6 Trends in the Future of Human Resource Management: Procurement can be a major lever in the digital transformation if it succeeds to change the perspective from a tool dominated to a commercial topic. Read about how you can anticipate digitalization through the core competencies of procurement.  | Maggy Fang, Willis Towers Watson
  • Real Learning in a Virtual World -How VR Can Improve Learning and Training Outcomes: How can corporate trainers prepare employees for dangerous or extraordinary workplace scenarios? Latest insight piece from Deloitte discussing how VR technology offers immersive learning opportunities for an increasingly broad range of experiences.  | Tony DeMarinis, Lynne Calligaro, Cary Harr, Joe Mariani, Deloitte

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