1 What does the information in the Deloitte report suggest regarding the role of contextual developments ...
Question:
1 What does the information in the Deloitte report suggest regarding the role of contextual developments – sometimes termed ‘mega-trends’ – in decisions regarding the design of strategically appropriate and aligned performance and reward practices? Review the following report from Deloitte Insight:
Agarwal, D., Bersin, J., Lahiri, G., Schwartz, J. & Volini, E. (2018), The Rise of the Social Enterprise: 2018 Deloitte Human Capital Trends, Deloitte Insights, London, available at https://www2.deloitte.com/content/dam/insights/us/articles/HCTrends2018/2018-HCtrends_Rise-of-the-social-enterprise.pdf The report carries a wealth of information on trends in employee performance management and reward practices. Among other things, it observes (p. 41) that ‘In the 21st century, careers are no longer narrowly defined by jobs and skills but through experiences and learning agility. The ongoing transformation of work, the need for people and organizations to constantly upgrade capabilities, and shifts in employee preferences demand new approaches to learning, job design, performance management, and career development.’
Step by Step Answer:
Managing Employee Performance And Reward Systems, Practices And Prospects
ISBN: 9781108701044
3rd Edition
Authors: John Shields, Jim Rooney