Attracting and retaining the best talent with design thinking
Each year, UDS$7.8 trillion of productivity is lost because 80% of the global workforce is not engaged. What can organisations do to avoid spending money on employee churn and instead engage, retain, and attract the best talent?
Implement design thinking (DT) across the organisation, suggested Dr CJ Meadows, Director, i2e, The Innovation & Entrepreneurship Centre, S P Jain School of Global Management.
Speaking with HRM Asia, she explained, “In the consumer space, design thinking helps companies achieve two to three times industry average growth, 60 to 75% more shareholder returns and naturally, outperform competitors.”
“What we do for customers, we can also do for employees. As a matter of fact, high-performing HR departments are five times are more likely to be using design thinking so join me at HR Tech Festival Asia 2023 and check out the processes, tools, and techniques of design thinking and how they can help you.”
Titled Design Thinking to Engage, Retain and Attract Great Talent in the New Era of Work, Dr Meadows’ session will take place at 2pm (SGT) on May 11, where she will highlight how the processes, tools, and techniques of DT can help organisations and their employees thrive in a new era of work.
Dr CJ will be joined by a lineup of global and regional thought leaders and HR luminaries that include Josh Bersin, Global Industry Analyst and CEO of the Josh Bersin Company; Ray Wang, Principal Analyst and Founder of Constellation Research; Diana Wu David, Work Futurist and CEO, Future Proof Lab; Martin Laschkolnig, Founder and CEO, Institute for the Development of Potential; Dr Tanvi Gautam, HR Influencer, Keynote Speaker, Author & Transformational Leadership Expert, LeaderShift; and many more as they examine and discuss the entire spectrum of HR practices and how HR technology supports organisations in navigating the new paradigms of people and work.
With the theme of Engage. Sustain. Thrive. Navigating The New Paradigm of People and Work, HR Tech Festival Asia 2023, taking place from May 10-11, will bring together some 5,000 C-suite HR professionals, business leaders, government officials, HR tech analysts and influencers, to discuss the most pertinent workplace issues faced by organisations in Asia.
Click here to register for HR Tech Festival Asia 2023 and be part of the discussion on how Asia’s HR community can successfully navigate the new paradigm of people and work in 2023!