Most of the businesses
that we connect with these days are busier in making dramatic changes in their strategies
for recruiting, aligning, managing performance, talent management, and taking decisions
on remunerations.
But what the CEOs and
other top management officials are concerned about is what they can do to bring
this change. Everybody understands it clearly that “PEOPLE” are the valuable
assets, but they are lagging behind in finding strategy that can help their HR
members to UNLOCK the talent of their existing TALENT POOL.
Ironically, despite of
showing such proactive concern, in many companies, HR departments lack support
from top executives and get restricted in deploying those approaches that they
desire to bring in.
Thus, the CEOs of the
companies must understand the POWER of its talent and must work on transforming
the HR departments into the DRIVERS of REVENUE. HR people can use the modern
technology to achieve new insights, make decisions driven by data facts and engage
more with employees to enhance productivity.
Today’s young digital
workforce cannot be tamed to work like the 70s clerks with no knowledge about
technology and its use. To retain such talent, you need to keep all the technology
in hand and provide them the best of working condition and “working style”.
Apart from the attractive packages, what keeps a young employee adhered to the
organization is the techno-savvy environment. Like for example, they would like
it if you have all-automated HR software that takes care of all
employee-related functions from hire to fire.
So, now its upto the
CEOs whether they are ready to bring in that HR transformation that can help bring
this dynamic, avid and technology driven workforce and make your HR department business-centric
and data-driven revenue generators.