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Business executives say organisations not ‘change agile’: Mercer

Admin| Mar 22, 2017 - 11:22 PM India

Business executives say organisations not ‘change agile’: Mercer

NEW DELHI: Even as business models are disrupted by technology and socio­-demographic shifts amid rise in competition for talent, only 11 per cent executives in India say their organisation is “change agile”, a study says.

According to Mercer’s 2017 Global Talent Trends Study, 83 per cent of organisations surveyed in India are planning to redesign their structure in the next two years yet only 11 per cent executives said their organisation is “change agile”.

However, the global average is just 4 per cent.

“Organisations need to prioritise a culture of agility to stay ahead of rapidly changing market trends,” said Kate Bravery, Global Leader for Mercer’s Career Business, adding that those employers that empower their workforce by helping them plan for the unknown, mitigate risk, and thrive at work ­ will be more successful in building a responsive and successful organisation.

Additionally, while HR leaders express confidence in the talent management processes they have in place (80 per cent), employees are still looking elsewhere for new opportunities.

Over half (54 per cent) of employees say they plan to leave their current role in the next 12 months even though they are satisfied in their jobs ­ which is more than in any other country surveyed.

“In a world dominated by technological and digital disruption, to be seen as a strategic partner, HR will have to play an anchoring role in enhancing the organisation’s change agility,” said Shanthi Naresh, India Business Leader ­ Talent Consulting and Information Solutions, Mercer.

Ilya Bonic, President of Mercer’s Career Business, said “in an age where digitisation, robotics, and AI are wreaking havoc with traditional business models, it is easy for executives to focus on superior technology as the solution to ensuring the competitiveness of their organisations and overlook the human element”.

The study is based on the input of more than 1,700 HR professionals, 5,400 employees, and 400 business executives from 15 countries and 20 industry sectors.


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