2018 - Year of Research

Dear Friends

I dedicate the year 2018 to research. Research in the area of

•          Training needs analysis
•          Training evaluation
•          HR process benchmarking
•          Performance measurements
•          Assessment centers
•          Evaluation of HR processes and practices
•          HR analytics
•          Artificial Intelligence (AI) in HR

Happy to share that, HR is playing an active role in the above areas with the Evaluation of HR, HR analytics, and AI slowly in the rise.

Below are some capabilities and competencies required by HR professionals to scale up in the above areas drawn from the various professionals interviewed from across the organizations.

•  The Vision that is aligned with the vision of the company

Align the vision of HR with the company CEO that includes profit, market share, new business growth, and company culture.

Once HR is able to close the gap between the company vision and the employee expectations, the direction is clear.

• .    The  evaluation and measurement

Peter Drucker said, “All that gets measured, gets done”. To implement evaluation and measurement metrics in place is the key. An evaluation that is transparent. Of course, this is also a part of company culture. Is HR measuring the training programs, processes, initiatives, and employee engagement programs? This will also position HR as a core department.

• .      Change in mindset 

Before changing the mindset of the employees, a critical question that HR can ask themselves is HR measuring the investment the company invests in an employee.  How can HR be more accountable?

• .      Understand the market

Can HR understand the market, the competition, do benchmark and research studies? Apply best practices? Identify and retain the talent.

• .      Empathy

After all, we are all humans and hence human element in whichever department we are – marketing, production, HR, purchase, finance, legal, we are dealing with humans. Can we empathize with our colleagues by understanding their problems, issues, challenges they face? So they become productive. Try to have employee friendly policies where productivity, equal opportunities, transparency, and work ethic is the norm.

6.   

•     Invest in Skill Development

Yes, companies do invest in people development. Are we investing in our skill development? Develop the skills required to be one step ahead of the industry. Creative thinking skills, Critical thinking skills, analytical skills, technical HR skills, HR analytics, softwares (SAP, SPSS, R), technology, basics of finance, basics of statistics, and most important develop a free will to listen to employees.

Happy New Year!

With Gratitude

Sonali Wagle

contactus@exponentialadvisory.co.in

wagle.sonali@gmail.com