Article: Building capabilities that matter- HR capability building

premium#Building HR Capability

Building capabilities that matter- HR capability building

A recent dipstick study by People Matters on HR capability building found that 76 percent of CHROs believe that there will be tremendous changes in HR by 2022, but a whopping 66 percent say that they are not satisfied with their current HR capabilities
Building capabilities that matter- HR capability building
“HR professionals must be highly knowledgeable about the marketplace for capital, products, and services.” - Wayne Brockbank Conflicting pressures, competing expectations, creating shareholder value, balancing differing requirements — these are a few of the many things that the HR deals with on a regular basis notwithstanding the disruptive operating environment, the eminence of data, analytics, agility, and innovation.  With unprecedented disruption in all spheres of life, whether political, social or business environment, businesses are continually refocusing, realigning, and responding to such disruptions to cope with the diverse demands. The need for greater capacity and strategic focus in the delivery of Human Resource strategies and processes is all the more crucial. And this, in turn, creates the need for HR business partners to have enhanced competencies for collaboration with other functional heads managers, to comprehend business challenges and oppor...

Topics: Building HR Capability, Strategic HR

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In the next three years, 120 million jobs in the world’s 10 largest economies will need retraining or re-skilling. To adapt to this new environment and help shape it, employees need to embrace continuous learning. Amid these changes, HR needs to not think, act, or be like traditional HR; they need to understand their job is now “human transformation”. In this issue, we will focus on what HR leaders and organizations need to consider today to prepare for tomorrow.

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