I have had the opportunity to attend a few key industry events lately and want to share my observations with you.
We just came back from SAP HR Amsterdam. This is the first SAP HR event in Europe by WISpubs. Attendance was lower than originally expected, partly stemming from the current economic crisis. However the quality of the attendees was good. Will we go again? Most likely yes.
We also recently attended HR Technology, an annual technology event held in Chicago. Although attendance didn’t increase from last year, it is refreshing to see that companies are still taking a proactive approach to managing their talent in the midst of the current economic crisis. I think most companies recognize the fact that they need to strategize to cope with this crisis and hold onto their critical talent. There seems to be a shift in mindset from recruiting talent to retaining talent. Although it could be a great time to find great employees in the marketplace. It is critical now more than ever for organizations to mitigate risk and put career paths in place for high potentials.
A statistic from the show indicates that 66% of individuals polled stated that the economic crisis had no effect on technology purchases. Although 23% did state that they have postponed software and services purchases. You can read more about HR Tech from Bill Kutik here:
With uncertain external forces challenging us like never before, we need to manage our talent pool strategically. I recently attended a two-day event hosted by SAP for HR leaders from around the globe. Our gracious sponsors The Coca-Cola Company allowed us to convene in Atlanta at their premises where we heard about the best practices from top HR professionals. Speakers from The Coca-Cola Company themselves, Motorola, US Postal Services, MassMutual just to name a few, spoke on creating an extraordinary work environment whilst sustaining high performance and continuous growth. Hearing about their strong talent management processes showed how they are being proactive as well as how much they truly value their employees.