People, HR strategy, Planning, and Analytics are the Top priorities for HR and Business Leaders in all countries !
By | Nicolas BEHBAHANI | People Analytics Leader @ Future of Work | HR analytics, HR KPIs
💥 Leaders identify the most urgent priorities in order to improve not only their own function’s performance but also the performance of the entire company.
💡 Most of the Business challenges identified by company leaders have a clear People component. Nearly three-fourths of leaders highlighted people challenges and talent gaps as the biggest business challenge they currently face, significantly more than for any other issue.
🏆 Interestingly, people analytics and reporting are among the top 10 topics of future importance, although leadership development remains in first place.
📈 Several topics related to Talent Acquisition have risen in leaders’ rankings of future importance, according to a new joint research conducted by Boston Consulting Group (BCG) and the World Federation of People Management Associations (WFPMA) using data 📊from 6,893 participants in 102 markets, across all industries from March through October 2023.
✅Analysis of 32 People Management Topics in Nine Clusters
As in previous years (study is published since 2007), researchers ranked 32 people topics, grouped into nine main clusters, in terms of future importance to their organization and current capabilities of their organization. Then researchers sorted the topics by those same two dimensions, future importance and current capabilities, to identify the most pressing people management priorities but this year, they added sustainability and ESG standards to their topic list but removed AI topic.
