The CEO (a
sponsor and well wisher of HCM 4.0) provides the challenge
for integrating human resource considerations to meet the needs of the business. In order to achieve true alignment, you need to get
everyone at the table to put the minds together. A best practice is to have a HCM 4.0
review meeting; maybe offsite spread over two or three days.
Here
HCM 4.0 team has a meeting focused
entirely on the company strategy implications and how HCM 4.0 can be a fitting
complement to it . HCM 4.0 Strategy review meetings keep the top management
informed of what is going on within every level of the organization. It becomes a forum for facilitating the
identification and subsequent adoption of opportunities for improvement. There
are a lot of good ideas that come from discussing key issues more broadly
across the organization. It is
then minds and hearts work together!
THE MAIN AGENDA:
A HCM
4.0 strategy Summit not involve any discussion about operations. In strategy
meetings. the discussions must provide
insight, information, and recommendations to turnaround and become business
centric; these may be listed as:
1.
A fundamental transformation of HCM 4.0 starts with a definition of HCM
4.0 value—who the receivers are and a clear statement of what they will receive
from HCM 4.0 services. HCM 4.0 value for customers will require that HCM 4.0
professionals answer the question “…How do customers and other key
stakeholders—investors, managers, and employees—benefit if they spend time with
HCM 4.0 professionals or adapt innovative HCM 4.0 practices?...”
2.
The HCM 4.0 leaders should chart out a cause-and-effect description of how people
create business value. The central question to create alignment: what does this long and comprehensive
definition of “strategy” in its generic form mean to the human resources
function in the company?
3.
HCM 4.0 summit can outline the system (both operationally with its consequences and solutions) It can examine the implications and
acceptance of strategic initiative which
conflict with sacrosanct HCM 4.0
policies.
4.
A HCM
4.0 strategy review meeting helps to create Agreement on the key
issues/thematic areas for action and the specific TASKS related to those themes, develop guiding principles and ensure that the parts can be built into a meaningful whole. HCM 4.0 summit can also ill resolve contradictory strategic intents like
higher performance standards (contribution) and reduced headcounts
(composition). This may clash with the professed value of a fair employer code .
5.
When winning areas have been identified, best
practices can be shared and implemented throughout the organization.
Conversely, once neglected areas are brought to attention, we can decide if
they need additional resources (either financial or human) to alter or invest
in their strategy.
With best wishes
Dr Wilfred Monteiro
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