Vencon Research International’s Post

Happy Thursday! Today we wanted to share this in-depth article from Vincent Bérubé, Ben Fogarty, Neel Gandhi, Rahul Mathew, Marino Mugayar-Baldocchi, and Charlotte Seiler at McKinsey & Company about how HR can create a high-return, holistic system for managing talent and increasing employee productivity. Key Takeaway: Addressing gaps in skill, will, and time can cut down on over half of lost productivity alone – and even more gains can be realized if companies can close these gaps before they lead to voluntary turnover. Read more: https://lnkd.in/ecGhUwvG How do you plan to address talent gaps in your organization? #HR #TalentManagement #Leadership #BusinessStrategy

As an HR Leader, I’ve come to realize that our role extends far beyond managing talent and fostering a positive workplace culture. In today’s dynamic business environment, having strong financial acumen is crucial for driving strategic decisions and ensuring long-term success. 1. Financial Acumen: I’ve found that understanding financial principles enables me to align talent strategies with business objectives, optimize resource allocation, and contribute to sustainable growth. By grasping the financial implications of my decisions, I can better advocate for our teams and drive meaningful impact. 2. Long-Term Focus Amidst Short-Term Challenges: It’s easy to get caught up in the whirlwind of immediate concerns, but I strive to maintain a long-term perspective. Balancing short-term needs with long-term goals ensures that I’m not just addressing today’s issues but also paving the way for future success. 3. The Employee Experience: While financial and strategic considerations are vital, I never lose sight of the importance of the employee experience. Our people are our greatest asset, and their well-being and engagement must remain at the heart of my decisions. A thriving workforce drives innovation, productivity, and overall organizational health. 4. Considering All Options: Before making any significant move, I make it a point to explore all possible options. This thorough approach allows me to make well-informed decisions that balance immediate needs with strategic objectives, ultimately leading to better outcomes for both the business and its employees. By incorporating these principles into my HR practice, I aim to enhance our strategic impact and foster a supportive and forward-thinking work environment. #HRLeadership #BusinessAcumen #StrategicPlanning #Leadership

In our annual Leadership Perspective Survey, HR executives from the world’s leading companies share their top priorities, challenges and planned spending for the year. More than 500 CHROs have responded – here’s a snapshot of what they reported. #Evanta #CHRO #HR #thoughtleadership

Every company understands how crucial ROI is. But how many view return on talent the same way? Having the right talent in the right roles—and giving employees the support and opportunities they need to succeed—is critical to success. Excited to share an article I wrote with some incredible colleagues, including Vincent Bérubé, Neel Gandhi, Rahul Mathew, Charlotte Seiler, Marino Mugayar-Baldocchi, and Barbara Tierney, that discuss how firms can craft a high-performing talent system that maximize their return on talent. Read more here: https://lnkd.in/e5jJ6fB2 #mckinsey #productivity #peopleanalytics #workforce #workers #engagement #attrition #humancapital #competitiveadvantage #HR #organizations #leadership

I read an article discussing the evolution of HR from a functional, cost-center to an organization's talent steward. It emphasizes the importance of shifting HR from the backroom to a strategic leadership role, adding significant organizational value. #HR #TalentManagement #OrganizationalValue

⏳ The countdown is on—just a few hours to go! I’m pretty excited to be presenting at the CIPD event later today, diving into the transformative Impact of People Analytics and Insight. We’ll explore not just what it is, but how it can be seamlessly embedded into an organisation to drive meaningful change and align with strategic goals. This session is all about showing how the right insights can empower leaders, shape better decisions, and ultimately create thriving workplaces. There’s still time to register: https://lnkd.in/e4y_mWmm Hope to see you there! #PeopleAnalytics #DataAnalytics #DataInsights

As a Human Resources professional, I've witnessed firsthand how strategic planning serves as the compass guiding companies toward their goals, and here's why it's pivotal from an HR management perspective: 1️⃣ Alignment with Business Objectives: Strategic planning allows HR to align its initiatives with broader organisational goals. By understanding the company's vision and direction, HR can tailor recruitment, training, and retention strategies to support these objectives, ensuring every hire and policy move the company closer to its mission. 2️⃣ Talent Acquisition and Retention: In the war for talent, strategic planning is HR's secret weapon. By forecasting future skill needs and identifying gaps, HR can proactively recruit, develop, and retain top talent. Moreover, by creating a culture that fosters growth and values employees, strategic HR planning boosts retention rates, reducing turnover costs and maintaining a competitive edge. 3️⃣ Adaptability and Resilience: Strategic planning equips HR with the tools to navigate uncertainty and adapt to change. Whether it's technological advancements, industry disruptions, or global crises, HR can anticipate challenges and develop agile strategies to mitigate risks and seize opportunities, ensuring the organisation remains resilient in the face of adversity. 4️⃣ Cultivating Leadership Pipeline: Strategic planning isn't just about the present; it's about building a sustainable future. HR plays a pivotal role in identifying and nurturing future leaders through succession planning, leadership development programs, and mentorship initiatives, ensuring the continuity of leadership and driving long-term organisational success. Connect. Engage. Transform. #hr #hrcommunity #management #hris #success #data #leadership

Discover the strategic advantages of fractional #CHROs outlined in Forbes' recent article. Thrive HR's expert team understands how these insights can drive business success. From setting up solid foundations for start-ups to optimizing talent and organizational structures, our expertise can help your company thrive. Contact us today to learn more about how our strategic HR solutions can propel your organization forward. #HR #Leadership #BusinessSuccess https://lnkd.in/deC8ghP9

𝗪𝗵𝗮𝘁 𝘀𝗲𝘁𝘀 𝘁𝗼𝗽-𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗮𝗽𝗮𝗿𝘁? What do their HR strategies focus on? 🤔 https://aihr.ac/3STP08M ← We’ve analyzed 𝟱𝟬 leading organizations, ranked in the Forbes 500 and "Great Place to Work" lists, to uncover what they’re doing differently with their HR strategies. Over the coming weeks, we’ll share a series of articles diving into these findings and offering actionable steps for your organization. In this first piece, we explore seven key insights: 🔍 Insight 1: Successful HR strategies extend beyond business goals. 🔁 Insight 2: Leading companies adopt either an inside-out or outside-in HR approach — and stick to it. 🏆 Insight 3: Focus areas may be similar, but successful companies excel at execution. 📖 Insight 4: The best HR strategies tell multiple stories, but always deliver a unified message. 📊 Insight 5: Success is measured by metrics that truly matter. ⚠️ Insight 6: Proactive risk management is embedded in their HR strategies. 💡 Insight 7: Even top performers sometimes underinvest in HR, posing long-term sustainability risks. Looking to elevate your HR strategy? We’ve included a section on how to apply these insights within your own organization to stay ahead! 🚀 #HRStrategy #Leadership #HRInsights #Sustainability Leading HR by AIHR

Large companies — those with $500 million or more in annual revenue — are three times more likely to say that gaining leader or stakeholder buy-in for new talent initiatives is a major challenge, according to a Nov. 21 report from Deloitte Private. #humanresources #hr #talent