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Presented on the annual HR conferences in KL.
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Managing a Global Workforce in Multi-nationalOrganisations Efficiently to Respond to the RapidlyChanging Market and Business Requirements…
Jayesh Menon-29thth -31stOct 2012Hilton , KL, Malaysia.
WHAT WE BELIEVEThe way we manage energy and water will shape this century.
ESTIMATED WORLDPOPULATION IN 2025
8 billion
Sources: US Energy Information Agency and United Nations
WORLD DEMAND FOR WATER BY 2025
+22%
Sources: US Energy Information Agency and United Nations
WORLD DEMAND FOR NATURAL GAS BY 2025
+67%
Sources: US Energy Information Agency and United Nations
WORLD DEMAND FOR ENERGY BY 2030
+40%
Sources: US Energy Information Agency and United Nations
At Itron, we provide the technology and talent to enable the world’s utilities to measure, manage and analyze the delivery and use of electricity, gas, and water to create a more sustainable future.
OUR HERITAGEOver 100 years of knowledge and experience.
A RESOURCE MANAGEMENT LEADER
ITRON OVERVIEW 9
105mENDPOINTS
8,000CUSTOMERS IN 130 COUNTRIES
9,500EMPLOYEES
2.4bn2011 REVENUE USD
10
A GLOBAL COMPANYOperating locally.
LOCATIONS
80COUNTRIES
35
ITRON OVERVIEW / 11
Changing Market and Business Dynamics.
Analysing the impact on the global talent market today and in the future.
Linking organisations’ globally dispersed employees through human resource policies and practices.
Fostering global workforce practices that are scalable, sustainable and ethical.
HR competencies.
Index
12
ITRON OVERVIEW / 13
HOW DOES THIS TRANSFORM OUR TALENT MARKET
14
30%
22%
15%14%
12%
8%
6% 5%
Countries most important for business growth
China USABrazil IndiaGermany RusiaUK France
Source:PWC CEO survey 2012
15
ITRON OVERVIEW / 16
THE FUTURE DEMAND FOR TALENT
Western Europe NAM Devloped Asia Eastern Europe MENA Latin America Emerging Asia
Total %change 3.50% 6.10% 10.00% 10.00% 12.70% 13.00% 22.20%
Industrial -0.50% -2.40% 11.40% 2.40% 28.70% 17.10% 37.70%
Emerging 26.10% 38.30% 8.40% 19.80% 6.30% 10.20% 13.30%
Heavy Manu 24.60% 1.70% 1.70% 33.20% 10.30% 17.80% 60.30%
Business Svc -4.40% 0.30% 51.40% 6.80% 30.10% -0.60% 40.00%
Financial svc 13.20% -8.10% 4.90% -9.90% 31.60% 48.60% 20.90%
Energy -11.30% 5.00% 8.00% 8.70% 12.20% -11.90% 33.00%
Travel and Trans -9.30% 22.70% 36.50% 5.00% 14.10% 32.90% 32.60%
Life sciences -4.10% -1.40% 8.20% 19.70% 8.60% 20.40% 16.60%Source: Oxford Economics
ITRON OVERVIEW / 17
EMPLOYEE ENGAGEMENT OF THE SURVIVORS
18
LET US GET SOME REALITY CHECKS
Only 30% CEO’s are confident
about accessibility talent
in next 3 years
53% of CEO’s worry about lack of key skills
43% CEO’s say their talent cost rose more than
expected
53% CEO’s say their greatest challenge is to
recruit and retain HiPo middle
MangersSource:PWC CEO survey 2012
19
TRANSLATING THIS TO VIABLE HR PRACTICES
20HR TRANSFORMATION IS THE KEY
Strategy Outside in
CapabilitiesService, CollaborationCultureInnovation
TalentLeadership
HRDepartmentPracticesProfessionalsAnalytics
Line manager as ownerHR architectsEmployeeAdvisor
21
PARADIGM SHIFT IN HR POLICIES AND PRACTICES•Understand your business context
•Benchmarking best practices alone wont work
•Focus on return of investment: revenue- non people costs/FTE X average remuneration.
•Understand your employee engagement and concentrate on it.
•Rethink your reward and global mobility strategy
•Understand the different generations.
•Invest on analytics and focus on Talent
/
22
DO YOU HAVE THE RIGHT HR COMPETENCIES?
SOURCE: RBL INSTITUTE
CORPORATE HEADQUARTERS
2111 N Molter Road
Liberty Lake, WA 99019
United States
THANK YOU