Clive Sexton's Journal
Clive Sexton
Director, Impact Executives
Global Interim Management provider
clive.sexton@impactexecutives.com
+44 (0) 20 7333 1559
Does Bad HR EQUAL a Bad Business?
Approximately
25% of our Interim Management placements by function are HR or Human
Resource related, not surprising you might say as where there is BPR,
change and re-structuring, there are people issues to be resolved.
However a new report by consultancy Accenture paints a bleak picture of
HR management in most companies: according to their latest survey, only
14% of senior executives report the overall workforce skill level of
their organisation as industry leading. What are the other 86% doing?
Even
more worrying, just 20% of respondents said the vast majority of their
staff understood their companies' strategy and what was needed to be
successful in their industry. Even in functions they deemed critical -
sales, customer service, finance and strategic planning - executives
didn't seem convinced about high levels of performance.
Such
shortcomings, the research suggests, is partly linked to a series of
poor HR practices. Only 36% of executives said they tailored their HR
and training to each function's needs. About half of them also said
they didn't evaluate the impact of their HR or training against
profitability, revenues and sales.
These
findings are surprising, particularly in the light of a looming talent
shortage, with the retirement of the baby boomers. "The lack of
essential skills is a vital issue for senior managers," says Peter
Cheese, global managing partner in Accenture's human performance
practice.
"A
company's ability to manage its workforce strategically and develop its
capabilities will set it apart from its competitors," he continues.
Those companies that achieve high performance in their three most
critical functions, are the ones likely to become industry leaders.
The
keys to success, according to the report, are: measures that gauge the
impact of all HR-related activities in their key functions; tailoring
HR issues to each department's needs; and considering HR as a strategic
element of the company. Now those 86% know what to do.
What do you think? Link to original article:
I am shortly
on holiday and I do not intend like some bloggers to post you photo's
from the beach. So apart from this double posting and one I have
prepared which will be posted in my absence, I shall leave you to
reflect on how fast our world is changing. Click on the links in the
text below, are you one of the new addicted...a Master of the
Youniverse?
MASTERS OF THE YOUNIVERSE are now officially addicted to online access, the fuel that keeps the YOUNIVERSE going, a phenomenon which Trend Watching dubbed ONLINE OXYGEN a while ago. How connected and addicted are consumers? Well, consider the fact that 812,000,000(!) human beings are now online worldwide (Internet World Stats, September 2004), with Asia claiming most users, and China, with close to 100 million ONLINE OXYGEN addicts, boasting more online citizens than any other nation except the US. The word 'amazing' would be an understatement. Which also goes for the fact that close to 100% of all teenagers in countries like The Netherlands, South Korea and the US rely on online oxygen to shape their budding YOUNIVERSES.
I found this on
TRENDWATCHING.COM, which publishes a monthly newsletter about global
consumer and marketing trends. You can find the full article at: http://www.trendwatching.com/
I will catch up with you again in early September, meanwhile enjoy the Summer!
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