While the zealous focus by companies towards acquiring talent and leveraging their skills to the fullest is evident, companies falter after this juncture since they believe that merely hiring someone appropriate for the role will get the job done.
The fundamental purpose of every business is to provide value to its customers. Once 'what' that value is and 'how' it will be generated has been conceptualised, it then boils down to getting the right people. Ultimately, it is the people who make the value come alive: first within, and then outside in the marketplace. It is no surprise therefore that most companies recognise the importance of having a sound talent team in place, especially at middle and senior management levels. This is evident in the zealous focus they have on acquiring talent and then leveraging those skills to the fullest. However, it is my belief that companies falter after this juncture. They believe that merely hiring someone appropriate for the role will get the job done, while I would contend that it's a job well begun, but only half done.
Given today's times, it is imperative for large organisations' , middle and senior level leaders to realise that the most crucial role of a leader is to develop more leaders. That is the only way organisations can succeed and win in the middle and long term. However, the reality is different. You may have observed that many mid-level managers and senior leaders spend disproportionate time utilising and honing the functional skills and capabilities of their teams, but spend hardly any in developing their leadership potential. Which is why it is easier to find managers who are domain experts, but tougher to find those who are good people developers.
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Denne historien er fra January 2019-utgaven av Human Capital.
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Continuous Learning For Growth
Of late, for organizations particularly in the service sector, people have become the strategy. And, if that is the case, the Learning and Development (L&D) department in organizations, and the industry in general, is likely to witness significant growth in 2017 and the years thereafter.
Creating Open Spaces And Minds
As the boundaries of life between work and home continue to blur, employers and employees are sitting up and are noticing the ways and means to offer and avail a worthwhile experience at the workplace.
Striking The Right Balance
In 2017, an employee in the HR Department of a leading global company received an excel sheet attachment in his official mail. While the content seemed harmless, it was in fact a well disguised Ransomware attack which had in fact placed several companies worldwide in the dock. Ransomware attacks targeting HR departments across the globe have since been in vogue since they possess valuable employee data which can be used to commit crimes such as tax frauds and the like.
The Multifaceted Advantages Of AI
AI can speed and automate data collection, make fundamental observations, systemize HR issues, and differentiate customer and employee profiles. But, corrective measures and final decisions can only be approved by people who can understand how to leverage AI tools to acquire accurate information sans the noise and interpret them the right way.
Engagement Surveys: A Means Or An End?
Surveys are not merely a way to check the pulse of the organisation; they should ideally be used as vehicles to improve the organisation culture, people practices and employee experiences which gradually translate into business success.
What Is And What Needs!
The idea of the best fit works only in a perfect universe. In reality, what talent specialists and hiring managers should focus on is getting the close fitment. They should work with an approach that bridges the gap between what is (available) and what needs to be (done).
A Matter Of Strategic Timing!
The term 'work-life balance' has become a popular chant for all working professionals today. A world of different opinions continue to pervade our lives, with one actually affirming that there truly is no direct relationship between the parallel worlds we live in.
Picture Out Of The Frame
A few months ago, Moon Jae-in, the President of South Korea, made an unusual announcement.
Analysis
It is paramount for a pharmaceutical company to meet the business requirement of regulatory compliance.
How Can They Fire Her?
It is a common phenomenon in the corporate landscape to misinterpret the inability to respond to a query by a Manager as a serious lapse which at times leads to termination of his/her services. As a fallout, not only do they risk losing out a person with superior managerial skills, they also dampen the spirit of the juniors in her department, leading to sinking morale and reduced engagement.
