Tag: human capital

Building Lasting Corporate Strategy In A Short-Term World
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Too many business leaders are focused almost exclusively on the here and now, the short-term, and the next quarterly report to shareholders.

Too many organisations have little to no institutional memory and further confound that condition by failing to prepare for the transfer of institutional knowledge to a new generation of leaders.

Too few leaders are focused on the long-term.

Yet, while lingering economic uncertainty has forced many short-term decisions, at the heart of corporate strategy is a commitment to do what's right for the organisation - be it measured in financial or human capital terms - over the long run, measured over a period of years. The essentials of organisational culture and consumer value, after all, are measured over decades, not minutes nor even months.

As the question of global sustainability grows ever more closer to corporate balance sheets, corporate strategy must also be sustainable. Given the complex business, societal, government and natural challenges standing in the way of progress and growth, there is no room for short-termism.

Decisions today, if they are made with corporate strategy and sustainable value in mind, should be felt years from now and measured in business gains and investor confidence over the long run.

"Americans Don't Know How Capitalist China Is"
hbr.org
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"A decade ago its retail-goods market was about $1.8 trillion - less than half that of the United States. In 2019 that market reached $6 trillion, surpassing the U.S. level of $5.5 trillion. Even now China's private consumption represents only about 39% of its GDP - way below the U.S. level of 68% and the world average of 63%. That leaves much room for growth and many opportunities for investors, particularly in businesses that cater to consumers."

A fascinating interview with Weijian Shan, CEO of PAG, a $40 billion private equity firm based in Hong Kong.

Read ""Americans Don't Know How Capitalist China Is"" leadership insights

People Are Critical To Success
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The best business minds of our times have understood that people are critical to success.

A great HR leader is arguably still the most valuable person in an organisation. What has changed is the function of the CHRO role in today's age of disruption. On top of navigating the complex challenges of the labour market, the modern CHRO has to tackle critical issues such as changing demographics, the speed of change and the corresponding role of technology while also managing workplace culture and employee engagement.

Some of the more specific challenges facing today’s CHRO are:

  • Dealing with alternative workforce arrangements.
  • Creating effective teams when there are multiple generational cohorts.
  • The increasingly high-tech world of HR.

The good news is that boards of directors have and will increasingly view the CHRO as critical to long-term business sustainable success. However, as their role continues to rapidly evolve, CHROs will require new and broader skill sets that allow them to tackle the changes and challenges of today's disruptive times.

Insights from "The New Role of the CHRO in the Age of Disruption" by Darren Raycroft #hrexecutive #humancapital #hr #chro #humanresources

Coming Down the Mountain: Coming Out Of This Crisis Stronger
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Breakthrough technology, uncertainty and the unprecedented and ever-increasing speed of change demand an organisation that is a fit for the challenges of the 21st century. We are describing not just a better, but a very different kind of way to operate. An organisation built to change; one where disruption, agility and speed of learning dominate the leadership conversation.

Which brings us to the COVID-19 crisis. A crisis has three stages. Stage one: acceptance. Stage two: survival. Stage three: growth. And the winners will be? Those who come out of this crisis stronger.

Amid the veritable avalanche of "me too" advice on how to get through this crisis it is easy to overlook two central questions:

  1. "How will your business come out of this stronger?"
  2. "As a leader, how will you personally come out of this stronger?"

"Part One: Coming Down the Mountain" looks at how to come out of this crisis stronger:

  • The Three Stages of Crisis
  • Letting Go of Our Past
  • Following a Script From a Different Century
  • The New Normal
  • Coming Down the Mountain
  • Why Culture Matters
  • Next Steps
  • Appendix one: 3 X 3: Crisis, Culture and Change
  • Mindset Assessment: Will You come Out of This Crisis Stronger?

Download your complementary copy today »

Leadership: Moving Beyond The Crisis
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"Leadership: Moving Beyond The Crisis" is a complementary book series, specifically aimed at enhancing how leaders respond to times of crisis.

The books cover concepts such as how to come out of this crisis stronger, culture, leadership agility and learning, what makes great teams. Also included are essential skills to enable us to start having conversations about moving forward while taking appropriate actions.

Download "Leadership: Moving Beyond The Crisis" »

Read on for more information about the book series:

Or, Download Now

Coming Down the Mountain

Part One, Coming Down the Mountain, looks at how to come out of this crisis stronger:

  • The Three Stages of Crisis
  • Letting Go of Our Past
  • Following a Script From a Different Century
  • The New Normal
  • Coming Down the Mountain
  • Why Culture Matters
  • Next Steps
  • Appendix one: 3 X 3: Crisis, Culture and Change
  • Mindset Assessment: Will You come Out of This Crisis Stronger?

The Culture Conversation

Recognising, as we move forward, how important organisation culture is, Part Two outlines the Culture Conversation:

  • The Culture Carriers
  • Look, Listen, Learn
  • The Building Blocks
  • Culture Is A System
  • Is the Organisation Managing Its Culture?
  • What Makes the Business Special?
  • One Culture or Many?
  • Measurement
  • Strategy Versus Culture
  • A Team of Teams
  • Without Leadership You Ain't Got Much
  • The Orxestra Change Model
  • Culture Assessment

Leadership, Learning and Agility: The Way Of The Dolphin

Part Three explores the need for leadership agility and what that implies: Leadership Agility and Learning - The Way of the Dolphin:

  • Agility is a Way to Think
  • Bass and the Shark
  • Agility and Speed of Learning
  • The Way of the Dolphin
  • Conclusion
  • Assessment: How Good a Coach Are You?

Great Organisations Are Built Around Great Teams

Drawing on the reality that tomorrow's organisation will be a team of teams, Part Four examines what it means to be an outstanding team - Great Organisations Are Built Around Great Teams:

  • Who We Were is Who We Are
  • It's All About Culture
  • Organisational Lessons from Nature
  • The Organisation of Tomorrow
  • Building a Great Team
  • Team Assessment

When the Trees Get Bigger and the Forest Gets Deeper - It's Time To Sharpen Your Saw

Part Five moves beyond leadership as a philosophy and drills down into essential skills - When the Trees Get Bigger and the Forest Gets Deeper, It's Time to Sharpen Your Saw:

  • Are You The Leader They Need?
  • Assessing Your Organisation's Leadership Balance
  • If Ever There Was a Time to Listen - It’s Now
  • The Listening Tree
  • To Lead Is To Care
  • 50 Ways To Say You Care - In a Covid World
  • If You Are Not Living Your Own Story, You Are Living Someone Else's
  • Resilience Assessment

Download your complementary copy of "Leadership: Moving Beyond The Crisis" from TRANSEARCH Downloads.

3 Key Lessons Learned From Covid-19
transearchusa.com
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TRANSEARCH USA surveyed nearly 100 companies in 10 diverse sectors to assess the response of American companies to the sea of changes triggered by the pandemic. Chris Swan and John Ryan present key findings to help you learn what your company can do to conquer the crisis and emerge stronger than before.

Key results:

  • 50% of employees will continue to work from home post-pandemic.
  • More than 45% of respondents want their leaders to improve Emotional Intelligence skills.
  • 30% of organisations will focus on attracting new talent after the pandemic.
  • The top three 'human capital priorities' will be improving organisational agility and flexibility, retaining current talent and succession plans.

Read "3 Key Lessons Learned From Covid-19" leadership insights

The Key Challenges and Opportunities in Human Resources - A Study by TRANSEARCH Romania
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"Never let a good crisis go to waste" as Winston Churchill famously said. COVID-19 and the impact on people, operations and business give us an impetus to develop fresh ideas in Human Resources and to review Leadership Skills.

During the last weeks we received valuable feedback from our clients and candidates; their approach to the ongoing changes, and how they intend to come out of this crisis even stronger!

We are delighted to share our findings with you. The original survey was conducted distributing a questionnaire; to over 300 CEOs, Managing Directors and Human Resources Managers in Romania and across Europe.

Key Findings:

  • Maintaining efficiency while working from home
  • Maintaining motivation and engagement
  • Improving organization's agility and flexibility
  • Leading through change with an entrepreneurial spirit underpinned by emotional intelligence
  • Need for profiles in Automatization/Robotics, Digitalization and Transformation/Change

For more information please visit TRANSEARCH International Romania on LinkedIn.

Wildcard for Growth
transearch.com
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"If your TRANSEARCH team hadn't been diligent while also positively stubborn in its pursuit of the right, lasting solution for our company, we simply would not be where we are today…

You have now proven how a search firm can truly become a trusted partner. Thank you."

Read the challenge, action, impact and client perspective of introducing a C-level 'wild card' into the board's deliberations about achieving its commercial goals.

Read " Wildcard for Growth" leadership insights

Diversity, Equity and Inclusion 4.0
weforum.org
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"Successful organisations are powered by the diverse opinions, skill sets and life experiences of their employees. To tap into the full potential of human diversity, organisations need to hire diverse talent and create an inclusive working culture underpinned by a fundamental sense of belonging, fairness and equity, enabling people to bring their 'full self' to work."

Read "Diversity, Equity and Inclusion 4.0" leadership insights

If you are a top executive, you don't owe it to yourself to be coached, but you do owe it to all of those whose lives you touch
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If you are a top executive, you don't owe it to yourself to be coached, but you do owe it to all of those whose lives you touch. The coaching conversation must be informed by the emerging economic environment, tomorrow's customer's needs, and the business strategy. A number of coaching disciplines are common:

  • Coaching is about framing the conversation such that the coachee finds their own way (power to).
  • What the coach believes, the coachee will perceive. The coach must therefore work from the belief that the agreed outcome will (not might), could or should happen.
  • An experienced coach learns how to work from a beginner's mind.
  • To coach is to listen in the way the coachee has always wanted to be listened to.
  • To coach is to help connect the coachee with their own story, ask great questions, introduce a new metaphor, share a compelling story, open the door to best practice and personally model the behaviour being sought.
  • Coaching mastery draws on a robust coaching model, meaningful executive experience, cultural relevance, interpersonal sensitivity and mental agility.

Insights from "Coaching the CEO" by John O. Burdett, Leadership advisor to TRANSEARCH International.

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