Deloitte’s Global Human Capital Trends 2014 – The top findings

To gain insights into the 2014 global human capital trends, Deloitte conducted a survey in the last quarter of 2013 that included 2,532 business and HR leaders in 94 countries. The survey covered the major industries and all of the world’s geographies (survey demographics are summarized in the appendix to this chapter). The goal was to better understand the priorities and preparedness of executives and HR professionals around the world, and to provide insight on what leaders can do to drive the talent and HR agenda.

Here is a summary of the top findings from the global survey.

1.  Leadership, retention, HR skills, and talent acquisition are the top global trends in perceived urgency
2.  Companies report generally low levels of readiness to respond to the trends
3.  The largest capability gaps are reported in leadership, analytics, reskilling HR, talent acquisition and access, and the overwhelmed employee
4.  Leadership is the top priority in developed and growing economies
5. While global trends are similar around the world, program needs vary by region
6. Human capital priorities vary by industry, with one exception: Leadership
7. “Excellent” HR companies and teams focus more intensely on the urgent global human capital trends
8. Business leaders have less confidence in their organization’s readiness to deal with future trends than HR leaders
9. HR and talent executives grade themselves a C-minus for overall performance
10. Companies worldwide plan modest increases in talent and HR investments in 2014.

Chosen excerpts by Job Market Monitor. Read the whole story at Global Human Capital Trends 2014 » Periodicals » Deloitte University Press.