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Companies want the best talent, but unwilling to change to get it

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Digital News Asia (DNA)

Companies want the best talent, but unwilling to change to get it

30 June 2015
  • They need to start treating their employees as they would their customers
  • Manage outcomes based on deliverables rather than employees’ face time
Companies want the best talent, but unwilling to change to get it
Companies want the best talent, but unwilling to change to get it

ALTHOUGH companies say retaining and attracting talents is their biggest challenge, most of them are unwilling to change to tackle this issue, according to Talent Corporation Malaysia Bhd (TalentCorp) chief executive officer Johan Mahmood Merican.

“There seems to be a disconnect because the same companies which say that talent is the most important, tend to be still focusing on their customers and markets.

“We all know that companies, when it comes to changes in consumer demand, will respond very quickly. They are also very good at segmenting the market.

“So how many companies actually segment their employees?” he said at a recent media briefing on the Malaysia findings of the Cisco Connected World Technology Report for 2015.

In the report, it was revealed that 43% of Generation Y (Gen Y) Malaysians said they would rather lose their sense of smell than to lose their Internet access.

The survey, which sampled 250 Malaysians, also found that 58% of Gen Y Malaysians (those born between the early 1980s and the early 2000s) would give up sex for a month, rather than their smartphones.

TalentCorp was established in 2011 under the Prime Minister’s Department to address the ‘brain drain’ problem by working on talent-availability and development initiatives.

 

Flexi is the new sexy

More than half of Gen X (those born between the early 1960s and the early 1980s) and Gen Y Malaysians said they would take a pay-cut for greater workplace flexibility, much higher than the global average of 26-29%.

Also, 65% of Gen X employees prefer to have the flexibility to work at any time and from any location, instead of being confined to the office at certain prescribed times.
 
Companies want the best talent, but unwilling to change to get it

Gen X and Gen Y Malaysians said that saving time spent commuting and preferring to work both at home and in the office depending on their schedule, as the top two reasons for working remotely.

“The report goes beyond highlighting the technological dependency and connectivity of Gen X and Gen Y, to showcasing how these new-generation employees are making their career decisions and shaping their work-life habits based on that dependency,” said Albert Chai (pic), country manager for Cisco Systems in Malaysia.

“While these trends may cause challenges at the office by making company data and network security more vulnerable, they also present employers with new opportunities to ensure greater employee motivation, mobility … and ultimately, productivity,” he added.

 

Mindset change needed

The Cisco Connected World Technology Report highlighted the need for new approaches in deploying technology tools and solutions for the workplace.
 
Companies want the best talent, but unwilling to change to get it

TalentCorp’s Johan (pic) said that technology is the enabler to help companies to provide better flexibility to their employees without compromising on productivity.

However, he said this can only happen if employers start to change their mindsets.

“Today, with the pervasive technology and connectivity that we have, it is neither complicated nor costly to introduce some form of flexibility in working arrangements.

“The problem is to do with the mindset … I suspect it’s quite prevalent in Malaysia’s working environment where the boss expects to see subordinates sitting in the office when he arrives and still there when he leaves.

“But we know that the physical presence of someone in the office does not necessary translate into productivity,” Johan argued.

“So, it requires the shift of mindset to then manage outcomes based on deliverables rather than face time,” he added.
 
Companies want the best talent, but unwilling to change to get it

Also at the media briefing was SocialGrooves founder Christopher Tock (pic), who argued that such changes can only be effective if they come from the top.

“The leadership must believe and embrace social connectivity first, before everyone else in the organisation can adopt it.

“If adoption by leadership is not there, then there is no point introducing all sorts of technology,” he said.

 

Other key points

Other findings from Cisco Connected World Technology Report include:

  • When asked which device they would choose if they could only have one device for both work and personal use, 44% of Gen X respondents said ‘laptop’ while 44% of Gen Y picked the smartphone.
  • 56% of Gen X said they would look at their smartphones first thing in the morning, while only 40% would look at their loved ones first; 80% of Gen Y said they would look at their smartphones while 15% would look at their loved ones first thing in the morning.
  • Globally, 43% of Gen X would look at their loved ones while 38% would look at their smartphones first thing in the morning; and 54% of Gen Y would look at their smartphones while 33% would look at their loved ones first thing in the morning.
  • 63% of Gen X and 57% of Gen Y employees identify themselves as ‘supertaskers’ who can do multiple tasks, on multiple devices, and able to complete these tasks successfully. Globally, only 42% of Gen X and 44% Gen Y employees identify themselves as supertaskers.
  • 60% of Gen X and 49.6% of Gen  Y believe that supertasking will increase productivity, while 40% of Gen X and 50.3% of Gen Y believe that it leads to more mistakes. 

 

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Companies want the best talent, but unwilling to change to get it