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|| Nerd Words for HR || - Issue #6

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“When digital transformation is done right, it’s like a caterpillar turning into a butterfly, but whe
 

|| Nerd Words for HR ||

February 24 · Issue #6 · View online
Nerd Words for HR - It's about making work work! Get bi-weekly updates on the recent HR Tech trends and stay close to the future of people management.

“When digital transformation is done right, it’s like a caterpillar turning into a butterfly, but when done wrong, all you have is a really fast caterpillar.” George Westerman (Principal Research Scientist; MIT Sloan Initiative on the Digital Economy)
Business models are, in short, the mechanism by which firms create value for their customers. The disruption of a business model takes place by changing the logic of value creation. Either by 1) creating the same value for customers at lower costs or by 2) creating higher or competely new customer benefits. So by this logic, what is the business model of HR? 
We tend to forget that our business model changes in the context of the digital transformation. It’s not HR that’s digitally transformed…the world is undergoing digital transformation and HR is part of this process.
1) People management has value for employees by creating great and engaging work experiences. So its business model changes, when the nature of work changes. The key question is: How will work be any different in the future?
2) People management creates value for business leaders by securing their talent needs in pursuit of their business strategy. So, its business model changes, when the nature of the corporate strategy changes. The key question is: How will corporate strategies be any different in the future?
This is why the 6th issues of || NERD WORDS for HR || features talks, articles, and resources about disruption and innovation. Disruption is an essential part of innovation (Schumpeter, 1934). We as people managers want to innovate, but hate to disrupt our current processes. As always, I include my very own implications for the future of people management.
Enjoy this weeks || NERD WORDS for HR || and feel free to share and discuss the content. 

|| NERD WORDS || Featured talks
The Explainer: Disruptive Innovation - HBR Video
Why Coding Skills Alone Won't Save You From Job Automation | Scott Hartley - YouTube
|| NERD WORDS || Featured articles
The Four Stages of Disruption - Recode
Artificial Intelligence Isn't Killing Jobs; It's Killing Business Models
Aviva Customer Cup 2016
The Co-Creation Imperative: How To Make Organizational Change Collaborative
Soon We Won't Be Able to Tell the Difference Between AI and a Human Voice
|| NERD WORDS for HR || Featured resources
Intermental — Information is Beautiful — Infographics
The 10 Cleverest Tech Ideas Of 2017
About
I am located in Munich. Are you interested in sharing your thoughts or meeting over the best coffee in town? Feel free to drop me a line at muehlbauer(at)functionhr.de or connect with me on facebook, linkedin, xing, or twitter.
You can also find out more about function(HR).
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