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The 21<sup>st</sup> Century Workforce and the New Normal | |
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Welcome to the New Normal | |
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Technological Trends | |
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Increasingly Faster, Powerful, and Less Expensive Technologies | |
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Transforming How You Live and Work | |
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Reducing Barriers of Entry | |
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Creating New Industries | |
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Globalization | |
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Growing Population/Labor Force Trends | |
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More Global Talent/Offshoring | |
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Growing Markets | |
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Increasing Competition | |
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U.S. Labor Force Trends | |
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Slowing Labor Force Growth | |
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Workforce Education Trends | |
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Economic Trends | |
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Evolving Knowledge Economy | |
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Slower Consumption | |
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New Global Economy | |
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Increasing Complexity | |
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Structural Shifts | |
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Growing Skills Gap | |
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Slower Economic Growth | |
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Structural Unemployment | |
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The 21<sup>st</sup> Century Workforce | |
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Multigenerational | |
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Traditionalists | |
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Baby Boomers | |
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Gen X | |
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Gen Y | |
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Age Waves | |
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Changing Social Norms | |
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Transformation of Marriage and Family Life/Dual-Income Couples | |
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Single Parents | |
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Greater Diversity | |
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Educational Disparities | |
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Rise of Contract Human Capital | |
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Outsourced/Offshore Relationships | |
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Challenges of Talent Management in the New Normal | |
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Uncertain HR Planning | |
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Organizational Challenges | |
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New Competencies | |
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Sustainable Resources | |
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Flatter/Boundaryless Structures | |
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Evolving Social Contract | |
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Changing Needs and Values of Workers | |
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Traditionalists | |
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Baby Roomers | |
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Gen X | |
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Gen Y | |
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Desire for Flexibility | |
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Managing a Diverse and Global Workforce | |
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Increasing Corporate Social Responsibility | |
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Challenges Managing Multiple Sources of Talent | |
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Contract Human Capital Preferences | |
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Expanding Globally | |
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Managing International Assignees | |
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The Need for Engagement and Adaptability in the New Normal | |
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The Imperative of Employee Engagement for Competitive Success in the 21<sup>st</sup> Century | |
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What Is Engagement? | |
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Burnout | |
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Workload | |
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Control | |
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Reward | |
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Community | |
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Fairness | |
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Values | |
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Why Is Engagement So Important? | |
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What Is Wrong with Current Measures? | |
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Employee Engagement Measure | |
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Psychological State Engagement | |
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Job Involvement | |
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Affective Commitment | |
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Positive Affectivity | |
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Leveraging What We Know: An Employee Engagement Framework | |
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HR Systems | |
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The HR Architecture | |
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Drivers of Engagement | |
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Job Characteristics | |
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Role | |
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Coworkers | |
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Management | |
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Leadership | |
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Perceptions of Fairness | |
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Psychological Conditions of Engagement | |
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Meaningfulness | |
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Psychological Safety | |
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Psychological Availability | |
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Psychological Empowerment | |
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Psychological Contract Fulfillment | |
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Trait Engagement | |
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Behavioral Engagement | |
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Strategic Outcomes | |
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Financial Outcomes | |
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The Increasing Need for Organizational Adaptability | |
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Problems with Black Swans | |
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Organizational Adaptability | |
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Numerical Flexibility | |
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Functional Flexibility | |
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Contract Human Capital HR Architecture | |
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Contract Human Capital Engagement Modes | |
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Interdependency | |
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Criticality | |
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Managing Contract Human Capital | |
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Psychological Contract Breach | |
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Contract Human Capital HR Configurations | |
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High-Commitment HR System | |
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Transactional HR Configuration | |
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High-Involvement HR Configuration | |
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Engaging the 21<sup>st</sup> Century Worker | |
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Practices to Create Employee Engagement in the New Normal | |
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Strategic Mindset | |
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Myth 1: Improving Employee Engagement Costs Money-and the Expense Can't Be Justified | |
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Myth 2: Employee Engagement Will Decrease in an Economic Downturn, Regardless of What We Do | |
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Myth 3: Employee Engagement Does Not Influence Organizational Effectiveness Enough to Make It a Priority | |
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Differentiated Engagement Strategy | |
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Employee Engagement Toolkit | |
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Person-Organization Fit | |
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Performance Management and Reward Systems | |
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Employee Involvement Program | |
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Training and Development Programs | |
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Mentoring Program | |
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Career Management Program | |
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Flexible Work Arrangements | |
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Work-Life Programs | |
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Innovative Time-Off Policies | |
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Phased Retirement Programs | |
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Wellness Programs | |
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Financial Wellness | |
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Diversity Programs | |
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Corporate Social Responsibility Programs | |
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Managing Contract Human Capital | |
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Strategic Flexible Staffing Model | |
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Managing and Engaging a Global Workforce | |
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Mobilizing Talent | |
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International Assignee Selection | |
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Candidate Database | |
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Cultural Agility Training | |
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Predeparture Training/Support | |
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International Assignee Performance Management | |
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Repatriation | |
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Conclusion: Achieving Success in the New Normal | |
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Strategic Planning | |
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Data Analytics | |
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Scenario Planning | |
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Identify Assumptions/Drivers for Change | |
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Develop Viable Frameworks | |
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Identify Two or Three Scenarios | |
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Communicate the Scenarios | |
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Identify Critical Outcomes | |
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Monte Carlo Simulations | |
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Organizational Culture | |
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Leadership | |
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Developmental Cross-Cultural Experiences | |
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Global Mentoring Programs | |
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Buddy Programs | |
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Global Rotational Programs | |
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Global Project Teams | |
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International Volunteerism Programs | |
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Flat and Network Structures | |
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Knowledge Sharing | |
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Strategic HRM Competencies | |
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Analyzing Employee Engagement Results | |
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Failing to Separate tire Drivers, Measures, and Outcomes of Engagement | |
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Focusing Too Much on the Number Rather Than the Usefulness of Survey Questions | |
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Reporting Aggregate Survey Results Rather Than Differentiating Results by Positions and Employee Groups | |
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Wanting to Benchmark Survey Results Against Other Companies Rather Than Benchmarking Against Their Own Business Strategy | |
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Pursuing a One-Size-Fits-All Response to Survey Results Rather Than Assessing the Different Drivers of Engagement at the Individual Level | |
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Failing to Make Valid Linkages Between Employee Survey Results and Strategic Business and Financial Outcomes | |
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HRM Practices | |
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Public Policies | |
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Bibliography | |
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Index | |