The Singapore HR Challenge: An Overview
Into its 9th year, the Singapore HR Challenge 2016 seeks to engage future leaders, people managers, critical thinkers, and contributors of the new workforce. Its aim is to groom and develop the next generation of people managers and leaders for the HR fraternity. It also aims to showcase innovation and creativity as well as promote progressive HR to the young aspiring leaders of tomorrow.
The theme for the competition is “Are Our Organisations Future-Ready?”
With the recent emphasis on value-creation, it is no longer possible for HR to continue adopting the same business models that had brought us growth in the past. We must evolve, bearing in mind current and future business trends.
Organisations need to better enable Singapore’s people managers to prepare for their rapidly changing role by adopting new and innovating ways of work, one of which is digitalisation.
As the HR sector in Singapore faces new challenges with an evolving workforce – of more PMETs across industries, a multi-generational workforce, and transformation of workplaces with technology advances – HR professionals now have to move beyond their traditional competencies.
It is also critical that HR practitioners need to be future ready so that they can help their staff be future ready as well. In order for them to be effective moving forward, HR practitioners also need to be able to identify and adapt new trends and technologies, and to seize new opportunities by understanding and planning for current and future skills required by the employers. In the process of doing so, they must also be mindful of the need for diversity and inclusion in their HR practices be it in recruitment/selection, compensation or learning and development.
A change of mind-set is needed in order not to lose the relevance of HR’s contribution to business outcomes.
This year’s Singapore HR Challenge explores the theme “Are Our Organisations Future Ready?” in an aim to allow participants to study, analyse and propose how organisations are doing currently and how they can be better prepared for what is to come. The following are some areas of thought that they would be going into:-
- What is the future HR job going to look like? What roles will HR professionals play? What kind of job redesign / preparation for the future is needed?
- What are we doing now that will drastically change in the next 5-10 years?
- What challenges / attributes are there in your organisation that will present hindrance in your preparation for future HR?
- What will technology enable HR to achieve?