Namibian Human Capital Trends 2017
Rewriting the rules for the digital age
Organizations face a radically shifting context for the workforce, the workplace, and the world of work.
Namibian Human Capital Trends: Introduction
We are pleased to share with you the 2017 Human Capital Trends Report for Namibia. This country report is a companion to the Deloitte Global Human Capital Trends 2017 report – one of the largest of its kind in the world. Over 10,400 executives from 140 countries participated in the global survey this year, including 47 Namibian organizations. They all offered insights on the future of work and human capital’s valuable role in shaping it. The theme for this year, “Rewriting the rules for the digital age,” was chosen because a prin-cipal characteristic of the new era is not merely change, but change at an accelerating rate, which creates new rules for business and for HR.
Organizations face a radically shifting context for the workforce, the workplace, and the world of work. These shifts have changed the rules for nearly every organizational people practice, from learning to management to the definition of work itself.
All business leaders have experienced these shifts, for good or for ill, in both their business and personal lives. Rapid change is not limited to technology, but encompasses society and demographics as well. Business and HR leaders can no longer continue to operate according to old paradigms. They must now embrace new ways of thinking about their companies, their talent, and their role in global social issues.
We have developed a “new set of rules” to make sense of this changing landscape. These rules reflect the shifts in mind-set and behavior that we believe are required to lead, organize, motivate, manage, and engage the 21st-century workforce. While it is hard to predict which emerging business practices will endure, it is impossible to ignore the need for change. This report is a call to action for HR and business leaders, who must understand the impact of change and develop new rules for people, work, and organizations.
This report marks the fifth anniversary of our annual deep dive into human capital trends. This year, the survey focused on analysis of the social, economic, political, technological, and cultural issues facing business and HR leaders and employees worldwide.
The survey looks at top trends in the human capital space, with respondents asked to rank top trends at present, as well as what trends are expected to become top trends in the future (3 – 5 years ahead). For Namibia, the top trend at present is performance management, however this falls to least important trend (11th) in the future. The second most important current trend is employee experience, but this too becomes notably less important in the future, falling to 6th place. The respondents believe that the most important future trends will be talent acquisition and leadership, two trends currently ranked 5th and 6th, respectively.