President / Vice President’s Message

HR Journal (May & Jun 2019 Issue)

 

Together, We Drive the HR Profession’s Advancement

 

Dear Members,

 

With the unfolding economic transformation and the murky outlook for global markets, it remains to be seen how the Hong Kong economy will fare in the coming months and quarters. Against a GDP growth rate of two to three per cent predicted by the Financial Secretary for Hong Kong this year, and with lingering external economic uncertainties, our fellow HR practitioners need to stay alert to any possible adjustments in the local manpower market. We should also keep a close watch on upcoming regulatory changes, particularly those relating to the MPF system and employee benefits that the SAR Government has pledged to introduce.

 

In the face of the rapid pace of digitalisation and the changing demographics of the workforce, organisations – big or small – are under mounting pressure to continually adapt their HR policies, processes and practices in order to stay resilient and competitive. While HR professionals contemplate viable strategies to address the challenges they are facing, it is always advisable to explore and harness the power of new technology tools and solutions that have been made available to facilitate and support the HR function.

 

Challenges aside, we are optimistic about the future as growth opportunities still abound for Hong Kong. For instance, the development of the Guangdong- Hong Kong-Macao Greater Bay Area (GBA) is already swinging into high gear. HR practitioners should not lose sight of the opportunities this can bring for businesses and talent in the region. The Outline Development Plan promulgated earlier this year for the GBA has set out the directions guiding the region’s coordinated economic development. Among other things, it encourages the flow of talent in the GBAs city-cluster. This can help develop the GBA into a talent hub and open up new opportunities for many economic sectors in the region.

 

Amidst these challenges and opportunities, members can be assured that the HKIHRM will continue to offer practical and timely support through relevant initiatives and programmes, including regular market and industry updates, forums and conferences on topical issues, experience and knowledge sharing, professional surveys and polls, as well as skills and best practice training.

 

Among these activities, one in the pipeline is the Training and Development Needs Seminar to be held on 21 June. At this seminar, we will present and discuss the findings of our 2018 Training and Development Needs Survey. The surveys on this topic in previous years garnered much attention from the mass media with wide coverage in both the print and digital media that stimulated inspiring discussions on learning and development issues in the HR community as well as our society at large. We are hopeful that this year’s seminar will build on its past success and continue to provide stakeholders and corporations with interesting insights and food for thought which they can take heed of when mapping out training plans to underpin sustainable business growth and their employees’ career development.

 

As learning and development has become increasingly technology driven, speakers at the seminar will demonstrate the latest technologies and tools to participants, who will also learn from experts the knacks and best practice of learning and development at experience-sharing and case study sessions. These are some of the benefits that HR and training professionals can reap from the seminar, not to mention the opportunities available for them to mingle and build rapport with peers.

 

Another industry-wide major event that the Institute organises on a yearly basis is the Annual Conference and Exhibition. With a history of nearly 40 years, the Annual Conference and Exhibition has won wide acclaim and is renowned as one of the most important and influential people management events in the region.

 

This year’s event is scheduled for 26 and 27 November at the Hong Kong Convention and Exhibition Centre on the theme ‘HR at the Crossroads: Disruptive Innovation•Workforce Dynamics’. As in previous years, it will feature a superb line-up of distinguished speakers and panellists, who will share their expert views on the myriad pressing issues faced by the HR profession.

 

To give members a heads-up, the Institute is looking into the possibility of organizing a study visit to the GBA in the hope of creating opportunities for participants to delve into the talent development policies in the respective cities at close quarters.

 

To cater to the diverse needs of members, the Institute organises over a hundred events and activities a year. We are pleased that our work has met with members’ enthusiastic response and support. As our operating environment has become increasingly complex and HR’s role more strenuous and technology-laden, the Institute will assiduously strengthen and prioritise its programmes with a view to better serving members’ needs, enhancing HR management standards, and driving the profession’s advancement.

 

We look forward to your continued support in these endeavours and active participation in the Institute’s initiatives and activities.

 

Barry Ip
Vice President
Hong Kong Institute of Human Resource Management


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