HUMAN Capital - Spring 2016 - (Page 7)
HR 2016: Adjusting
to the New Reality
BY CHRIS MCNELLY, MBA, CHRP
HRIA's 2016 Conference (April 20-21) theme is "Navigating
Booms and Busts", which Albertans are all too familiar with. It's
the preeminent event as influential HR practitioners from across
Alberta converge in Calgary to develop competencies, network with peers and discuss how to navigate through Alberta's
economic uncertainty. This is your opportunity to become a
trailblazer for the HR profession by learning about the latest HR
trends from industry experts and the role we play in guiding
business through economic downturns and upswings.
For many Albertans, 2015 was a turbulent year as we witnessed
the political and economic landscape substantially change. By
the end of 2015, Albertans ended the PC's 44-year reign by
electing the NDP led by Premier Rachel Notley, and Canadians
elected a new Liberal majority government with Justin Trudeau as
our new Prime Minister. Alberta's energy sector, which accounts
for approximately 25% of Alberta's GDP, took a major hit with oil
trading at a 10-year low of $35/barrel. The unemployment rate
ended at a five-year high of 7% as the number of unemployed
increased by over 65,000, with more group layoffs than in the
previous two years combined. The final blow came when U.S.
bond rating giant Standard and Poor downgraded Alberta's
credit rating over concerns of rising debt burden and unpredictable economic growth prospects.
"It's always difficult to forecast what's going to happen next,
but going into 2016 it's especially difficult simply because there
are so many wild variables all around the global economy," said
Todd Hirsch, Chief Economist with ATB Financial.
While the proverbial roller coaster will continue throughout
2016, the new reality of doing business in Alberta will set in as
we tackle the opposing forces of rising population and sluggish economic growth. The economic contraction in Alberta
will be prolonged and will force businesses to innovate and
find efficiencies. The provincial government will continue to
set policy that will put pressure on the energy sector to invest
more in wind, solar and geothermal power as a means to both
diversify the economy and encourage renewable energy. This
new reality means that organizations must shift their focus to
HR to ensure employment policies and practices are aligned.
Accordingly, HR practitioners must be prepared to meet and
exceed these expectations and ensure they are able to develop
and execute new strategies.
At HRIA's 2016 Conference, you will network with peers by immersing yourself with Alberta's HR and business leaders. You will hear
about the similar challenges that exist across our HR community,
learn what worked in other organizations and find solutions to the
challenges you and your organization face. You will also gain insight
into new innovative ways of thinking about workplace solutions.
Our tradeshow comprises industry experts who can provide
products and services to help solve business problems and keep
you competitive in today's business environment. Last year, 80%
of attendees said that exhibitor knowledge and interactions were
good or excellent.
Our speakers are strategists, practitioners, executives and proven
business leaders. We are committed to resourcing and finding
the best in the industry who will share their knowledge on best
practices and HR trends. You will hear keynotes from three topranked speakers: Ryan Estis, Cheryl Cran and Todd Hirsch.
Ryan Estis prepares leaders to thrive in today's increasingly connected, competitive business environment. Ryan challenges
conventional leadership practices and explores progressive
techniques and technology that pace with the evolving needs of
today's knowledge worker. Ryan delivers new ideas, information
and actionable insights that leaders can leverage immediately to
drive productivity and performance.
Cheryl Cran helps leaders and their teams to build future workplaces. Her research into the future of work, technology, innovation and generational impact provides data and strategies to help
drive transformation in a fast paced world. Cran is the author of
six books, including her most recently released The Art of Change
Leadership - Driving Transformation in a Fast Paced World.
Todd Hirsch is one of Canada's most sought after economic
speakers with over two decades of experience as an economist,
professor and commentator. Hirsch demystifies wealth and the
economy and answer vital questions such as: What's the state of
Canada's economy? How does it impact us individually? What's
in store for the future?
Invest in yourself by building competencies and empower yourself
by expanding your leadership network at the HRIA 2016 Conference
in Calgary on April 20-21, 2016 (www.hriaconference.com). O
HUMAN CAPITAL | SPRING 2016 | 7
Table of Contents for the Digital Edition of HUMAN Capital - Spring 2016
Succession Planning in a Downturn?
HR Business Partners Help Alberta Small Businesses Grow
Assessing the Evolving Cultural Landscape: Schein's Structure-Content Approach
Author Your Own Success Story
Managing the Unmanageable
Tap into Your Inner Productivity Ninja
Planning for Employee Succession
Index of Advertisers/Advertisers.com
HUMAN Capital - Spring 2016