It means that a company or entity transforms the nature of its HR function and processes – from administrative to business relevant. From document-based exercises to key business/HR actions. HR officers become HR professionals who collaborate with the rest of the teams to deliver the business strategy. The HR function reforms its aim and tunes the talent management objectives to the strategic business objectives.
For smaller organisations, with devolved and more informal HR responsibilities, it means exploring more sophisticated HR management practices. Rather than viewing this as an additional burden, smaller entrepreneurs should understand that HRM is synonymous with growth. For example, performance management should become the ongoing process that develops talent, quantifies the progressive skills-acquisition and highlights great performance.
Transforming HR is a process that re-invigorates the HR function and its team members. Importantly, the HR team needs to be exposed to the organisation’s competitive landscape, business targets and the roadmaps to win over competition. This knowledge must be shared across the HR team who collectively design and execute HR practices that impact the business.
HR transformation shifts the onus of business targets across the whole organisation, including HR. The execution of a strategy requires shared accountability across all business units.
HR metrics will need to be over-hauled. This applies to large, medium and small organisations alike. The success measures need to be re-defined on the basis of the business challenges. Consequently incentives, compensation and performance ratings have to be linked back to these business challenges.
Irrespective of the size of your organization with these suggested changes technology-enabled analytics and performance management tools are essential.
HR Transformation is not about fire fighting or simply introducing cost-efficiency measures. It is about supporting the organisation’s big picture targets. It means addressing business issues through talent management. Developing human capital according to the business strategy. Training the HR practitioners to be more analytic and relationship-focused, and tuning HR tactical operations to work that is strategically relevant.
Creative Talent Solutions is a business partner that provides HR Transformation Consultancy. We help you build an HR function and processes that create strategic value. We provide training for your HR practitioners to become strategic relationship managers. We can show you cost-effective ways of exploiting technology, including your current applications, to manage better your organisation’s human capital. Contact us on firstname.lastname@example.org or call (+356) 99 785 789 or (+44) 7764 44 7705.