The Missing Ingredient
Our newsletter last month, Five Ideas for the (Re)Evolution of the "People Side of the Business", seemed to strike a chord with many of our readers, with the virtual equivalent of a lot of head-nodding going on. It boils down to this - although CEOs proclaim that "people are our most important asset," many HR departments find themselves unable to play a significant part in translating these words into reality.
The lessons we've learned in this regard from working with clients around the globe are:
- Some HR departments rely so heavily on benchmarking that they're almost guaranteed to stay average.
- Others get too caught up in the flavor-of-the-month.
- Many are so busy putting out fires and managing lots of "urgent" activities that they have no time to address what's truly important.
- And that annual employee engagement survey? Too often the only thing that comes out of it is a big data dump with no real impact.
- As a result, HR frequently finds itself pigeonholed as non-strategic and even out-of-touch.
Does any of this sound like your organization? Why? What can you do to set your organization - and your HR department - on a new path?
In our experience, most likely the missing ingredient is analytics.
In an era where business intelligence is an increasingly vital competitive advantage, ignoring analytics represents a lost opportunity and possibly a very real business risk.
So we'll be exploring this topic with discussions of analytics "how-to's" (and "how-not-to's") in upcoming newsletters - stay tuned!
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Complimentary McBassi Webinar: It Pays To Be Good!
If you want to know how Disney, FedEx , Cisco Systems, IBM, Kraft Foods, P&G, Travelers, and other companies are making "goodness" pay off, join us on March 13, 2012, at 2:00 p.m. EST, for a dynamic webinar with authors Laurie Bassi (Good Company and HR Analytics Handbook) and Jim Shaffer (The Leadership Solution), facilitated by Dave Basarab. You'll leave with:
- Hard-nosed evidence that good companies outperform their competitors.
- Insights into the convergence of forces giving rise to the new rules for business success.
- The strategic framework to integrate the good company principles and practices into ongoing efforts to improve your company's performance.
- Ways to sustain the gains rather than create just another "program of the day."
Register now - space is limited! |
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Fun new animation of the Good Company Story
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