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Chapter 2: AGE OF DATA, Globalisation & technological disruptions &…
Chapter 2: AGE OF DATA
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ISO30414
- Synthesise standards that measure & report on key metrics
- Provide key HC areas
- guidance on areas
- data driven decision making
- create value through intangibles
- identify effective people management
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Industries
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4.0: Internet & technology, automation and machine learning
5G: cellular tech, speed and responses, bandwidth
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SMART HR 4.0
IoT, big data, AI will automate HR processes, making it effecient and structure causing leadership changes
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Globalisation & technological disruptions & shifts have impacted organisations.
Organisations need to respond quickly and effectively to have have a competitive advantage & operate in a agile and strategic way
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HR needs to decide on measures and sources of people data which necessitates a shift from REPORTING TO ANALYTICS
Human value: HC employment, organisational culture, employee wellbeing
Consumer value:Innovation, trust and health
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