2018 Global Human Capital Trends

Introduction: The rise of the social enterprise

2018 Global Human Capital Trends
Dimple Agarwal, Josh Bersin, Gaurav Lahiri, Jeff Schwartz, Erica Volini
March 28, 2018
Introduction: The rise of the social enterprise 2018 Global Human Capital Trends
​Organizations are no longer judged only for their financial performance, or even the quality of their products or services. Rather, they are being evaluated on the basis of their impact on society at large—transforming them from business enterprises into social enterprises.

The growing importance of social capital
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THE 2018 Deloitte Global Human Capital Trends report showcases a profound shift facing business leaders worldwide: The rapid rise of what we call the social enterprise. This shift reflects the growing importance of social capital in shaping an organization’s purpose, guiding its relationships with stakeholders, and influencing its ultimate success or failure.

In 2018, we are witnessing seismic changes in the workforce, the workplace, and the technologies used in the world of work. Based on this year’s global survey of more than 11,000 business and HR leaders, as well as interviews with executives from some of today’s leading organizations, we believe that a fundamental change is underway. Organizations are no longer assessed based only on traditional metrics such as financial performance, or even the quality of their products or services. Rather, organizations today are increasingly judged on the basis of their relationships with their workers, their customers, and their communities, as well as their impact on society at large—transforming them from business enterprises into social enterprises.

In many ways, social capital is achieving a newfound status next to financial and physical capital in value. In a recent survey, for instance, 65 percent of CEOs rated “inclusive growth” as a top-three strategic concern, more than three times greater than the proportion citing “shareholder value.”1 Today, successful businesses must incorporate external trends, perspectives, and voices by maintaining positive relationships, not just with customers and employees, but also with local communities, regulators, and a variety of other stakeholders. Building these relationships challenges business leaders to listen closely to constituents, act transparently with information, break down silos to enhance collaboration, and build trust, credibility, and consistency through their actions. This is not a matter of altruism: Doing so is critical to maintaining an organization’s reputation; to attracting, retaining, and engaging critical workers; and to cultivating loyalty among customers.

FULL REPORT HERE https://www2.deloitte.com/insights/us/en/focus/human-capital-trends/2018/introduction.html

Exec Search firms merge.

Executive search firms SandriWalsh and Rosenberg merge

Executive search firms SandriWalsh and Rosenberg merge to create SWR Group

– New level of search presence and capability through technology, research and collaboration –

Two leading New Zealand executive search firms – Wellington firm Sandri Walsh Limited and Rosenberg Executive Search Limited in Auckland – today announce that they have merged to create a new level of executive search offering under the banner of SWR Group NZ Limited.

SWR Group covers all leadership roles – permanent and contract – from directors and C-Suite down. The firm has offices in Auckland and Wellington to engage personally with clients and candidates, and providing stronger reach, extensive networks, collaboration and technology to help clients find the best leaders.

Based in Wellington are directors Graeme Sandri and Tony Walsh with research consultant Suzannah Moller, while in Auckland director Tim Rosenberg is supported by research consultant Nicole Walkinshaw.

Director Graeme Sandri says: “We have known and worked with Tim Rosenberg for many years, so when the opportunity arose over recent months to combine our operations we jumped at the chance.

“Together we are much stronger; SWR Group offers clients a new level of search presence and capability right across New Zealand by harnessing a new approach to technology, collaboration and research. With well-networked senior search experts on the ground backed by highly capable and collaborative research consultants, we engage at a level rarely seen in the search and recruitment industry.”

Tim Rosenberg says that SWR Group has invested heavily in its research capability. “We are committed to being at the forefront of the evolution of executive search. Our experienced research consultants work locally and nationally, collaborating across the group on each opportunity. We also reach out globally through our membership of the Taplow Group – which has 100+ senior consultants in offices across Africa, Europe, the Americas and Asia Pacific.

“Further, in this age of digital simplicity, we bring new levels of transparency to executive search in order to provide clients with demonstrable value. We have created an innovative platform that demystifies the search process, offering 24/7 real-time, interactive information for everyone involved. The result: real transparency, open communication and visibility throughout the process.”

Sydney Office

Wellington Office