The HR function is often viewed as alien to the organisation’s strategic plan, though there is a feeling of unanimity of its larger role in executing strategies. The role of HR during a turnaround is not definitive in context and application. The major role played by the
HR team is that of a coach to the intervention team, facilitator to the employees in adapting change and bulwark for the leadership, devising an exit strategy once the objectives are realised.
Thought leaders DiFilippo and Waldt stressed HR professionals need to be visible to all the employees during difficult times. Although they are merely the messengers, HR staff members often bear the brunt of the blame for reductions in force. But the worst thing they can do is to stay hidden in their offices or walk around looking sombre. Instead they must demonstrate that they are available for questions, are responsive to people’s needs and are continuing to do their jobs in an optimistic way. Another reason to be walking the halls is to listen for rumours and to put an end to them before they go too far. The other important aspect HR may take care of is that of delivering strong messages to the fence sitters as satisfactory underperformance. How a company handles a turnaround can make all the difference when it comes to the business moving forward productively as per the devised strategy of turnaround. The biggest concern for the HR team during this difficult time is to overcome challenges such as talent flight or poaching of talent by opportunistic headhunters and rival companies. Recruiting new talents with the right skill sets for turnaround option is another major challenge for the HR team.
The focus of HR should be to attract the talents who are willing to take risk and script success stories in the form of intrinsic rewards. Read more...
HR team is that of a coach to the intervention team, facilitator to the employees in adapting change and bulwark for the leadership, devising an exit strategy once the objectives are realised.Thought leaders DiFilippo and Waldt stressed HR professionals need to be visible to all the employees during difficult times. Although they are merely the messengers, HR staff members often bear the brunt of the blame for reductions in force. But the worst thing they can do is to stay hidden in their offices or walk around looking sombre. Instead they must demonstrate that they are available for questions, are responsive to people’s needs and are continuing to do their jobs in an optimistic way. Another reason to be walking the halls is to listen for rumours and to put an end to them before they go too far. The other important aspect HR may take care of is that of delivering strong messages to the fence sitters as satisfactory underperformance. How a company handles a turnaround can make all the difference when it comes to the business moving forward productively as per the devised strategy of turnaround. The biggest concern for the HR team during this difficult time is to overcome challenges such as talent flight or poaching of talent by opportunistic headhunters and rival companies. Recruiting new talents with the right skill sets for turnaround option is another major challenge for the HR team.
The focus of HR should be to attract the talents who are willing to take risk and script success stories in the form of intrinsic rewards. Read more...
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