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Future of Talent 2008 Future of Talent Future of Talent Conversation, Exploration, Conversation, Exploration, Debate Debate A Glimpse Into Tomorrow’s A Glimpse Into Tomorrow’s Talent World with Kevin Talent World with Kevin Wheeler Wheeler

Kevin Wheeler on the Future of Talent

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Kevin Wheeler's presentation at LearnTrends 08

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Page 1: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Future of TalentFuture of TalentConversation, Exploration, DebateConversation, Exploration, Debate

A Glimpse Into Tomorrow’s Talent A Glimpse Into Tomorrow’s Talent World with Kevin WheelerWorld with Kevin Wheeler

Page 2: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Who I AmWho I AmFounder Global Learning Resources, Inc. – Founder Global Learning Resources, Inc. – a talent management consulting firma talent management consulting firm

Founder of Future of Talent – think tank Founder of Future of Talent – think tank and annual retreatand annual retreat

Founder Australasian Talent Conferences Founder Australasian Talent Conferences in Sydney, Auckland and Singapore.in Sydney, Auckland and Singapore.

Author of numerous articles, book on Author of numerous articles, book on corporate universities.corporate universities.

Global keynote speaker Global keynote speaker

Lecturer at SFSU and USF.Lecturer at SFSU and USF.

Page 3: Kevin Wheeler on the Future of Talent

Future of Talent 2008

ChallengesCHALLENGES TO MEETING BUSINESS OBJECTIVES

20.0%22.5%

62.5%

15.0%

45.0%

37.5%32.5%

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Page 4: Kevin Wheeler on the Future of Talent

Future of Talent 2008

TRENDS EVOLUTIONTRENDS EVOLUTION

Page 5: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Current & Emerging Talent TrendsCurrent & Emerging Talent Trends

Page 6: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Talent Shortages – Not Over Yet!Talent Shortages – Not Over Yet!

Retiring Baby Retiring Baby Boomers – Boomers – Eventually!Eventually!

Aging workforceAging workforce

Up-skilling of jobsUp-skilling of jobs

Shift from Shift from manufacturing to manufacturing to serviceservice

Page 7: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Straight Up

Straight Down

Page 8: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Evolution to PersonalizationEvolution to Personalization

Page 9: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Emerging PracticesEmerging PracticesPersonalizationPersonalization Internet = customizationInternet = customization Do it your wayDo it your way Have input to outcomesHave input to outcomes Feel somewhat in controlFeel somewhat in control

Page 10: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Generational AwarenessGenerational Awareness

Page 11: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Gen X CharacteristicsGen X Characteristics• Form the core work group Form the core work group

and core leadership team and core leadership team and will do so for the next and will do so for the next decade.decade.

• Pragmatic learners – what’s Pragmatic learners – what’s in it for me – now!in it for me – now!

Page 12: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Gen Y CharacteristicsGen Y Characteristics

• Project-focusedProject-focused

• Rewards for results – not Rewards for results – not timetime

• Technology-focused Technology-focused learners. Eclectic learners.learners. Eclectic learners.

• Seek guidance and Seek guidance and direction – not control.direction – not control.

Page 13: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Gen M - MobileGen M - Mobile

• Everything is anywhere, anytime.Everything is anywhere, anytime.• Short focusShort focus• Watchwords = Fast, fun, fluidWatchwords = Fast, fun, fluid

http://www.pewinternet.org/pdfs/PIP_Teens_Games_and_Civics_Report_FINAL.pdf

Page 14: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Age of WomenAge of Women

From the April 2006 From the April 2006 issue of the issue of the Economist:Economist:

““Forget China, India Forget China, India and the Internet: and the Internet: Economic growth is Economic growth is driven by women.”driven by women.”

Page 15: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Women and Women and EducationEducation

Women earn 60% of Women earn 60% of bachelor's degrees and bachelor's degrees and master’s degrees and master’s degrees and 50% of PhDs.50% of PhDs.

By 2017, 2/3s of all By 2017, 2/3s of all college students and college students and degrees will go to degrees will go to women.women.

Source: U.S. Census Bureau's American Community Survey

Page 16: Kevin Wheeler on the Future of Talent

Future of Talent 2008

MULTIPLE CAREER MULTIPLE CAREER WORKERSWORKERS

Page 17: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Mobility PLUSMobility PLUS

Physical mobilityPhysical mobility

Information mobilityInformation mobility

Presence mobilityPresence mobility

Page 18: Kevin Wheeler on the Future of Talent

Future of Talent 2008

TECHNOLOGY-DRIVEN WORK TECHNOLOGY-DRIVEN WORK & LEARNING STYLES& LEARNING STYLES

Page 19: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Social Networking SitesWhich Social Networks Are Actively Used for Staffing?

MySpace, 23.1%

LinkedIn, 94.9%

Facebook, 53.8%

PlaxoPlus, 43.6%

YouTube, 20.5% Other, 10.3%

N=39

Page 20: Kevin Wheeler on the Future of Talent

Future of Talent 2008

SNS: Age DistributionSNS: Age Distribution

0% 10% 20% 30% 40% 50% 60%

12-17

18-34

35-49

50+

TwitterHi5NingXangaLinkedInFacebookmySpace

Source: Quantcast; April 2008

Page 21: Kevin Wheeler on the Future of Talent

Future of Talent 2008

SNS: Audience BehaviorSNS: Audience Behavior

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

mySpace Facebook LinkedIn Xanga Ning Hi5 Twitter

Passers-byRegularAddict

Source: Quantcast; April 2008

Page 22: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Read and contributed Read and contributed to by 12 million kids to by 12 million kids 6-14.6-14.

Kids have avatars.Kids have avatars.

Contribute content.Contribute content.

Band together to help Band together to help the penguins and the penguins and create community.create community.

Page 23: Kevin Wheeler on the Future of Talent

Future of Talent 2008

DESKILLING/UP-SKILLINGDESKILLING/UP-SKILLING

Page 24: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Building AttractionBuilding Attraction

Employee Value Proposition (EVP)Employee Value Proposition (EVP) Understanding what we valueUnderstanding what we value Uncovering operating principlesUncovering operating principles Defining explicitlyDefining explicitly

Employment BrandEmployment Brand Discovering attractorsDiscovering attractors Discovering detractorsDiscovering detractors Developing aligned messagingDeveloping aligned messaging

Page 25: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Building CompetenceBuilding Competence

Knowing what we needKnowing what we need Identifying key functionsIdentifying key functions Defining competenciesDefining competencies Testing assumptionsTesting assumptions

Creating learning environmentsCreating learning environments Different strokes for different folksDifferent strokes for different folks Blending learning methodsBlending learning methods

Exchanging knowledgeExchanging knowledge Transfer from experienced to inexperiencedTransfer from experienced to inexperienced

Page 26: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Building CommitmentBuilding Commitment

Defining commitmentDefining commitment TimeTime OutputOutput MoodMood

Defining engagementDefining engagement What is the desired state?What is the desired state?

Page 27: Kevin Wheeler on the Future of Talent

Future of Talent 2008

Thanks!Thanks!

Write to me at :Write to me at : [email protected]@glresources.com

Follow me on Twitter at:Follow me on Twitter at: www.twitter.com/kwheelerwww.twitter.com/kwheeler

Read my blog at:Read my blog at: http://kwheeler.blogs.comhttp://kwheeler.blogs.com

Read me on ERE:Read me on ERE: www.ere.net www.ere.net