One of the favored questions going around the vendor circles the last few years is \u201cWhat keeps you awake at night?\u201d\u00a0 Obviously they only ask this when they are in front of VP\u2019s of HR or C-suite executives, but the answers really do exemplify what\u2019s going on in a person\u2019s head.\u00a0 The old question of \u201cwhat\u2019s most important to you\u201d never really struck a cord because it was all to easy to state the obvious politically correct answer \u201cmy people are the most important to me.\u201d\u00a0 The new question addresses the key factors that will drive the company to failure if not addressed.<\/p>\n
A study by Accenture shows that the war for talent can no longer be dismissed as just another management cliche.<\/p>\n
Identifying, retaining and replacing those people who breathe life into an organisation is now a “burning obsession among chief executives”, says Peter Cheese, global managing partner at the company\u2019s human performance practice, and affects business leaders in India just as much as those in the UK.<\/p>\n
“More than 60% of the respondents to our annual survey of chief executives said that the inability to attract and retain the best talent is now a key threat to their business, outstripping the issue of low employee morale,” says Cheese.<\/p>\n
“While the relationship between HR and senior management is improving \u2013 particularly in IT, telecoms and financial services \u2013 we believe that chief executives and financial officers need to empower and champion HR more effectively, so that people issues rise to the top of the business agenda.”\u00a0 ((Personnel Today.\u00a0 May 22, 2007.\u00a0 “What keeps CEO’s awake at night?”\u00a0 Retrieved from personneltoday.com<\/a> on June 10, 2007.))<\/p><\/blockquote>\n
We in HR know that talent is critical.\u00a0 The \u201cold answer\u201d of people being the most important was a true statement, even if it was not a heartfelt response.\u00a0 What mystifies me is that having the right talent is now more important than having engaged talent.\u00a0 The whole idea of attracting and retaining talent has the essential ingredients of employer branding and employee engagement wrapped up in them.\u00a0 Without good talent, branding and engagement, none of the three exist \u2013 it\u2019s all or nothing.\u00a0 (I could draw one of those circle diagrams, but I\u2019m too lazy).<\/p>\n
The other thing that I find encouraging but also annoying at the same time is that CEO\u2019s and CFO\u2019s are now feeling the need to empower and champion HR leaders.\u00a0 The attention from the top down is great, but why are HR leaders not being more proactive?\u00a0 I honestly firmly believe that we have a long way to go before HR is a real contributor to the organization\u2019s overall strategy.\u00a0 What it comes down to is that we in HR are keeping our CEO\u2019s up at night be not stepping up to the plate creating cross functional teams that address branding and engagement.\u00a0 We\u2019re not creating long term strategies to build the workforce that the CEO\u2019s are satisfied with.<\/p>\n
At the end of the day, what\u2019s keeping the CEO up at night?\u00a0 HR is.<\/p>\n","protected":false},"excerpt":{"rendered":"
One of the favored questions going around the vendor circles the last few years is \u201cWhat keeps you awake at night?\u201d\u00a0 Obviously they only ask this when they are in front of VP\u2019s of HR or C-suite executives, but the…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[8,20,16],"tags":[],"class_list":["post-752","post","type-post","status-publish","format-standard","hentry","category-strategies","category-talent-management","category-workforce-planning"],"_links":{"self":[{"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/posts\/752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/systematichr.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=752"}],"version-history":[{"count":0,"href":"https:\/\/systematichr.com\/index.php?rest_route=\/wp\/v2\/posts\/752\/revisions"}],"wp:attachment":[{"href":"https:\/\/systematichr.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/systematichr.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/systematichr.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}