Insights into Managing Your most Valued Assets: Your People.
The knowledge Centre offers you a brief glimpse into some of the leading challenges faced by businesses today and the solutions required to overcome these issues.
For a more in-depth Insight to how I can help you achieve your Human Capital Goals call me on +852 2297 2863 or complete our contact form.
Attracting, Retaining & Engaging Employees will be the Number 1 Priority for next few years. As the global economy gains momentum so will the desire and ability for your top talent to exert more control over their careers.
As the balance of power shifts from employer to employee, every organization will be looking towards HR to execute their Talent Management Strategy with aggressive and decisive action. HR itself faces a dramatic change as its role has an even more significant impact on business success.
Retention Strategies – High Turnover is Costly: As an HR professional are you managing your top talent effectively?
Whilst the prospect of losing your top performers may fill you with fear this has become a reality across the globe. High turnover is costly. Research suggests that direct replacement costs can reach as high as 50-60% of an employee’s annual salary not to mention the hit on employee morale and customer loyalty.
Regardless of the current economic climate, high performers with an extensive skills base will continue to jump ship. Even if you have been fortunate enough to weather the storm of the financial downturn with your best people still on board, it may be another story altogether once the market turns and more opportunities become available elsewhere with seemingly better prospects.
Leading During Times of Change
Change is inevitable. The only difference right now is that it’s coming thick and fast like a tornado ripping up every foundation you have carefully built brick by brick, leaving little left that you recognize in its wake. Dramatic changes like these bring about a rise in complex challenges, those for which no preexisting solutions or expertise exists. Such challenges test the limits of organizations current strategies and ultimately reveal the shortcomings of leadership that are currently being practiced.
Advocating Talent Development – Addressing today’s issues, creating tomorrow’s opportunities.
The world of business has changed. Whether it is financial capital or human capital the need to manage our resources more effectively and diligently has changed. The goal posts are constantly moving so leaders need to remain consistent in their approach to achieving their business goals with a focus firmly fixed on aligning strategy and talent management. At Excel Global we believe your organizations success depends on how well your people are able to cope with today’s ever-changing business environment.
Workforce Strategies – Addressing the Talent Shortage
What impact is the talent deficit having on your organization?
Recent reports show that some organizations have been leaving key positions unfilled in order to boost their bottom line. This may be a short term solution to ‘get by’ for a while but with a worldwide skills deficit growing ever broader it is proving an unsustainable approach to a growing problem. Organizations which are hiring and training recognize what a major impact such a short sighted decision will have upon their businesses.
The companies which are taking a long term approach believe that it is the talent; their people, who will differentiate them from their competition enabling them to gain a greater competitive advantage over those who choose to put talent acquisition on the back burner.
Drive HR Metrics/Analytics
Drive Performance Results with HR Metrics and Workforce Analytics
In today’s challenging global platform developing and aligning human capital metrics to business strategy has become a key imperative to supporting your organization’s strategic and operational goals. As HR executives we commonly use our data for basic reports to analyze workforce productivity and costs, but their usefulness is limited, unless you know which factors produced the outcome or how it might have been changed. “Workforce analytics” solutions help you explain those factors—and may help you uncover opportunities and take actions to improve performance and control costs.