HRM Asia Weekly News (August 7, 2024)
EX as a driver of workforce transformation: It's all about the people
Many organisations would probably agree a positive employee experience (EX) can foster a strong company culture and drive key business objectives. Yet, many organisations are falling short in this area due to a variety of reasons, perhaps none more so than a lack of understanding of what their employees really need.
In today’s rapidly evolving world of work, EX is defined by a holistic approach that aligns individual aspirations with organisational goals, said Parul Sharma, a HR expert with around 20 years of experience across the industry with US and Europe-based MNCs.
Speaking with HRM Asia, she explained, “It’s about creating a personalised and inclusive work environment where every employee feels valued, heard, and included. This means fostering a culture that welcomes diverse perspectives and integrates them into decision-making processes. Personalisation ensures that each employee’s unique needs and career aspirations are recognised and nurtured, driving innovation and collaboration.” | READ MORE
AI takes the wheel: How conversational recruiting can super talent acquisition
Forget the long and tedious application process. Imagine a future where candidates can have real-time conversations with a friendly AI assistant, get their questions answered, and navigate the hiring journey with ease. This is the power of conversational recruiting, and it is revolutionising the way HR professionals attract top talent.
Traditional hiring methods are riddled with inefficiencies. Static career websites overwhelm candidates with generic information, while lengthy applications and the time-consuming task of manual scheduling bog down recruiters. This not only frustrates potential hires but also eats into valuable time that HR professionals could spend on building relationships and making strategic hiring decisions. | READ MORE
Performance metrics: Time for a reset
According to a Gallup survey, only 2% of CHROs from Fortune 500 companies strongly believe their performance management systems inspire improvement. Employees share this sentiment, with only one in five reporting that their performance reviews are transparent, fair, or motivating.
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The pandemic further revealed the shortcomings of traditional performance management practices. When some organisations discarded performance reviews in 2020, it became clear that conventional methods did not align with the needs of a disrupted, digital business environment. | READ MORE
Improve healthcare and empower people transformation with GenAI
A seasoned healthcare professional with almost 40 years of experience, Sally Lim is Director of Nursing at IHH Healthcare Singapore. Throughout this journey of discovery, she has encountered change in various guises, but perhaps none has been as all-encompassing as the introduction of artificial intelligence (AI) into the workplace.
Speaking with HRM Asia, Lim provided a glimpse into how AI has transformed the healthcare system, and how it has brought more efficiency and productivity to the role of the nurse. | READ MORE
Top five ways employees in Singapore can career cushion
Thinking of a job change but feeling anxious about the potential disruptions and uncertainties that may follow? For employees facing this dilemma and wondering if they are ready to take the leap, ‘career cushioning’ may be their best answer.
“Career cushioning in its simplistic term, is a way of you safeguarding yourself by taking proactive steps to prepare for potential job changes or disruptions,” explained Kirsty Poltock, Director of Robert Walters Singapore. “It is about building a ‘cushion’ to soften the impact of unexpected career shifts, such as layoffs, industry changes, or personal life events. Essentially, it’s about being prepared for the unexpected and ensuring that you have options and flexibility.” | READ MORE
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