Thursday, December 23, 2010

Development in the Role of Human Resources Leadership

In order to be recognized as a successful HR leader, there are three roles you must manage. 
  • first is the ability to implement organizational strategy. 
  • second is controlling the strategic planning process by sorting through the positive and negative outcomes associated with making a decision. 
  • lastly, one must manage the formulation of a strategy to protect against the negative effects caused by unexpected outcomes.
Have you and can you manage these key roles?

from EzineMark.com

Happy Holidays and Festive New Year!

I want to wish you all a very happy holiday season and prosperous new year

Thursday, December 16, 2010

New Ideas and Innovation From Human Resources

I woke up in the middle of the night thinking when was the last time you, the HR leader, came up with a new innovation or idea that led to increased revenue for your company?  I don't mean reductions in staff or reorgs that led to decreased fixed costs but real innovations or ideas that the company took on that grew the revenue stream.

So what do I really mean, well, it could be a new product line, a technology innovation, product redesign, production change that led to faster to market achievements. The things that most HR people do not get involved in on a daily basis. I have said early on in my career that HR is a revenue stream not a cost center. When I first mentioned that at my first HR job in Boston most people thought I was nuts.

I think it is incumbent for all HR practitioners to be so involved with the business that they provide daily input into the operations that lead to revenue gains. This is what the senior executive team looks for and most important the CEO of his team. So, I will ask the question again "when was the last time you provided a new idea or innovation that led to increased revenue and profit". This is part of your job!

Wednesday, December 15, 2010

Talent Edge 2020: Blueprints for the New Normal

As companies worldwide struggle to move beyond the great recession of 2009, many business leaders are adjusting their talent strategies to meet the shifting demands characterized as the “new normal.”

While the inclination may be strong to revert to strategies that served them well prior to the economic crisis, many executives seem to recognize that the forces shaping future talent needs, such as globalization and an aging workforce, continued to accelerate during the downturn and now require new talent strategies to position their companies for success.

To bring these issues into clearer focus, Forbes Insights and Deloitte launched Talent Edge 2020—following in the path of the 2009-2010 survey series, Managing Talent in a Turbulent Economy. Based on a survey of 334 senior executives, this first Talent Edge 2020 study aims at exploring talent strategies, concerns of global companies, and unfolding employee trends as companies confront a fresh set of challenges that could influence the next decade and beyond.
 

To download a pdf of the study, please fill out the following information. The report will appear in a new window. If you experience any trouble, please send an email to: insights@forbes.com.



a reprint from Forbes Insight

Sunday, December 12, 2010

Sharing Knowledge

I just spent a week in Mexico at a great resort and had a lot of time to think. There was a global environment conference near Cancun where thousands of people were sharing their knowledge on how to save the environment.  So began my thinking process. 


There are a lot of retired practitioners of HR that have faded away or just left business totally to spend time playing golf, sailing, reading, tennis or some other athletic sport. But what they have not done is passed all that great business knowledge on to the next generation of HR practitioners. What a shame that is to not share that great knowledge. 


I am sure there are those who will say that business has changed, technology has passed them by and I say to that, not so. Dealing with people, executives, managers, and other policy related items have not changed and that is the rub. 


So my challenge to you is find an avenue for passing on your HR and business knowledge. Get involved, I have through my blog and a local community college

Thursday, December 2, 2010

LinkedIn Thinks Publishers Need Yet Another “Share This” Button

It’s no secret that professional social network LinkedIn is actively working on making its platform more socially connected. In the past year, the company has launched a deep integration with Twitter, the ability to follow a contact or company, a better groups functionality and enhanced sharing on the site. And a few months ago, the professional social network launched LinkedIn Signal, which allowed users to apply the professional social network’s filters to Twitter’s firehose. Today, the network once again adding another social feature with the release of a brand new official Share button.

Similar to the Facebook Like button or the Tweet button, publishers can now embed a branded LinkedIn share button with a few lines of code onto their sites. The “Share on LinkedIn” button will allow readers to share content (i.e. news, white papers, presentations) with your professional social network on LinkedIn.

If you click a LinkedIn Share button on a publisher site you’ll be asked to login with your LinkedIn account, and then you’ll be able to share a URL (with the network’s shortener) in your status update box. The button will also show how many shares have been made for a particular piece of content.

At launch, Bloomberg.com, Forbes.com, and SiliconValley.com will be integrating the new button. The network initially rolled out the Share button on the Huffington Post a few months ago. A universal Share button definitely makes sense for the professional social network, whose members tend to share content like news and presentations with contacts. Developers has created WordPress-plugins to add similar functionality in the past, but an official Share button from LinkedIn gives both publishers and the network compelling data on what type of content readers are sharing with their professional contacts. But with the growing number of “Share This” buttons on the web (Tweet, Like, Buzz, Digg), the “Share” real estate on blogs is growing competitive. Not every publisher will want a plethora of share buttons populating their site.


Of course this is part of LinkedIn’s broader strategy of bringing LinkedIn to any sites or platforms that people may use in their professional life, including Twitter and now blogs. The big question remains as to whether LinkedIn will plug-into Facebook’s social graph. CEO Jeff Weiner said recently that a social hookup with the world’s largest social network would depend on the value of the integration.


a reprint from Tech Crunch

The Art of the Deal - Not Trump

I thought it would be important to mention the art of the deal when talking about mergers and acquisitions. There is an important part that HR plays that really is not talked up in the media or among executives. That is "the final say in a deal".


If you look at the posts I have made over the years on M&A activities you will see a consistent pattern. That is that the lead HR person really looks at balance sheets, agreements, policy contracts, and the like in a totally different light that say the CEO, the finance team, the legal team. Yes, a different light than the legal team!!!. 


Since we are driven to understand the written relationship between people and the business we have to look at these thing differently. My feeling is that the lead HR acquisition person should lead the due diligence team and not the legal team or finance. Why, they MISS things, yes they MISS things. So the next time you are on a DD team stand up and take the lead, show your stuff, and make the M&A process a success. 


So, are you on board with this or do you see it a different way? Let me know.