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Technology Revolution: The Future of Now

HCM Trends: The Wine Bottle Index

Technology Revolution: The Future of Now

Bonnie D Graham

News, Business News, Technology

4.9112 Ratings

🗓️ 17 April 2019

⏱️ 55 minutes

🧾️ Download transcript

Summary

The buzz: “The global human resource management (HRM) sector is projected to reach $30 billion by 2025. in other words, the business of creating innovative HR solutions is booming” ?(learn.g2crowd.com/2019-hr-trends). In 2016 Dr. Steve Hunt created the “Wine Bottle Index” to categorize HCM forecasts, trends and predictions by whether they address well-established vs. novel challenges (old vs. new wine) and use familiar vs. innovative solutions (old vs. new bottles). What is truly new in HCM versus old stuff in new bottles? The experts speak. Dr. Steve Hunt, HR Consultant: “The future looks a lot like the past, but different” (NZ Philosopher). Stacia Sherman Garr, RedThread Research: “Live as if you were to die tomorrow. Learn as if you were to live forever” (Mahatma Gandhi). David Youssefnia, Uplevel: “Entrepreneurship is at its best when it alters the future, and it alters the future when it jumps curves” (Guy Kawasaki). Join us for HCM Trends: The Wine Bottle Index.

Transcript

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0:00.0

Welcome to the most nutritious hour of business talk all week.

0:13.5

This is Coffee Break with Game Changers, presented by SAP.

0:17.4

The best run business is run SAP.

0:20.0

Your host and moderator is Bonnie D. Graham.

0:22.4

You'll hear from the innovators who have learned to use game-changing technologies to shake up the status quo and help move today's businesses in new directions.

0:30.2

Now, here's Bonnie D. Graham.

0:32.3

Welcome, welcome, welcome.

0:33.7

If you want to run with the game changers, oh, come on, you know by now you're in the right

0:37.6

place because this is where the best run.

0:40.2

Let's see what the buzz on the street is today.

0:42.0

We've got a really interesting show for you.

0:44.3

The buzz is from, I found a website, learn.g2crow.com talking about 2019 HR trends.

0:51.0

There's a clue.

0:51.9

And here's the quote. The global human resource management sector,

0:56.4

that's HRM, is projected to reach $30 billion by 2025. In other words, the business of creating

1:03.1

innovative HR solutions is booming. There you go. So what are we talking about today? Well,

1:09.5

let's take a look back to the year 2016. My

1:13.0

colleague at SAP, Dr. Stephen Hunt, was thinking, what is he going to do with all of these HCM-HR

1:19.4

forecasts that are coming? There are predictions, trends, forecast, just coming up and down all year

1:24.4

long talking about what the future is bringing for this booming industry,

1:32.1

as we know. And he decided how is he going to put these all together and make some sense out of them? So he worked with a lady named Lauren Bidwell, and together they created the

1:36.0

wine bottle index. Now, you know, on all of these game changer shows, I ask my guests, what's

...

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