Beatrice Sng, director human resources, APAC, Schneider Electric, explains how HR will have to evolve in order to keep pace with the economic landscape of the future, and what it needs to be able to do to make an effective contribution to the business.
For an organisation to succeed 10 years from now, it will require a dramatic change in HR strategies as product life cycles will be shorter, financial markets more volatile, and thanks to technology, some jobs will become obsolete more quickly.
We need to be able to keep pace with technology, change our HR processes, and build a culture to include multiple generations of employees.
Ten years from now, it would be fantastic to see more HR professionals on boards in recognition of our strategic role to both investors and employees.
In preparation, HR professionals must know the business and its SWOT analysis to enable us to make sound people decisions.
The June 2016 issue of Human Resources magazine is a special edition, bringing you interviews with 32 HR leaders, with their predictions on the future of HR.