This will be the fifth and final article that I am going to write on the subject of resilience. The first three articles attempt to understand the problem from a mental and physical perspective. The fourth article talks about the value of goals, purpose and presence in giving us focus. A focus is essential in helping us to endure life’s challenges and ups and downs.
I am seeing numerous examples whereby organizations are haemorrhaging money due to the fact that employee engagement has been limited to the job on which the person is employed and the department in which they work; but having little, if any, knowledge of the Value Chain (working back from the Customer) or of the inter-departmental interactions that support it. Here are two examples:
The Business Transformation Network recently hosted an event on ‘Strategic Talent Acquisition in the Digital Age: An HRD's Perspective’ in partnership with VONQ. VONQ offers smart recruitment marketing solutions to help recruiters target the right talent.
The conversation was varied, touching on a wide variety of points around the following questions:
What is strategic Talent Acquisition in a digital age and how is it different?
‘Don't sweat the small stuff’ is an American informal phrase people use in order to tell someone not to worry about little things. The counter-proverb is ‘do sweat the small stuff’; which approach is right for you in your enterprise?
You start with end in mind and work backwards to establish the steps that you need to complete that will take you from A to B. It’s something that most of us will have done at some point in our lives. If you want to move house, refit a bathroom or board a plane, you have to work out what you need to do and then the steps required to do it. This is a great example of tactical planning and we do it every day.
But do we apply the same process to our strategic goals?
We have been discussing innovations in the HR Tech space. Key benefits include the reduction in costs, raising productivity and improving employee retention amongst many others. Overall, one of the biggest advantages is that it helps HR become far more strategic. A strategic HR function entails increasing employee productivity and using HR to implement strategies over a period of time with the agenda of creating an organization ready for the future.
How does AI help formulate a Strategic HR function?
As unemployment remains at record lows, Cielo’s new Talent Acquisition 360 study finds that the competition for talent is causing major shifts in corporate strategy, as well as significant disagreements among business functions regarding their companies’ approaches to finding, recruiting, interviewing, and hiring new employees.
Many organisations embarking on an enterprise-wide transformation to agile working, struggle to sustain or scale the benefits they initially achieve. The journey towards agility is a marathon, not a sprint, and it requires continued commitment, at all levels of the organisation, to ensure agile ways of working stick.
The first six to 12 months of introducing agile throughout an organisation will result in visible improvements in speed to market, productivity, efficiency and employee engagement.
Large corporates are, at best, 30% efficient in delivering change. From launching a loan product to landing a new bakery range on a supermarket shelf, big organisations are failing to deliver change at pace and realise value from it.
One leading credit card provider told us they’d last delivered a major new product eight years ago. ‘We were the leader in the market,' said the project manager. 'However, others have caught up and now we’re struggling to respond.’
'It takes us two years to do what our competitors can do in two months.' MD - FTSE100 organisation
You’ve probably heard it said that change is the one constant in business currently, and that’s true, it’s also true for our lives outside of work.
Many people will say they don’t like change, it makes them uncomfortable or it’s something they fear, but if you break things down a little, you’ll find that we all deal with change on a daily basis.