Acrede Accolade October 2013 Oct. 2013 | Page 7

Does your organisation really have a workforce strategy? B A workforce strategy is critical to making the most effective decisions about managing people, performance and risk, but according to expert Colin Beames, very few organisations actually have one. eames, the director of Advanced Workforce Strategies (http://advancedworkforcestrategies. com/), says given that people management can amount to 30-to-80 per cent of an organisation’s costs, the business case for developing a workforce strategy would appear to be “overwhelming”. Too often, however, business goals, plans and strategies are developed without any accompanying detail describing how people will be managed and assisted to achieve what the business has set out to do. Beames says in a recent HR Daily webcast (http://www. hrdaily.com.au/nl06_news_selected.php?selkey=2751) that while many organisations have bundles of HR policies and practices, and some undertake a form of workforce planning, succession planning and talent management, this is very different from having developed an integrated, whole of workforce strategy. A workforce or human capital strategy is an important form of asset management, and is the sum of actions taken to acquire, retain, develop, motivate, and deploy human capital in the service of an organisation’s mission - it goes “well beyond” workforce planning, he explains. Further, a workforce strategy shouldn’t be confused with an HR strategy, which is focused on transactional, policy and process functions, he says. Signs that you don’t have a strategy According to Beames, factors that suggest your organisation might not have an effective workforce strategy include: • applying a “one size fits all” HR policy approach, by paying all employees at the market midpoint, for example; • using the same recruitment process for all positions; • adopting the same employment value proposition (EVP) for all roles; • reporting turnover only for the workforce as a whole; • segmenting the workforce on an organisational level or job/salary level basis; • using the same performance management system and forms for all roles; and • not defining a methodology for identifying critical roles, or those that should be outsourced. These practices are “a recipe for mediocrity”, he says, and can indicate that an organisation is not differentiating its workforce roles sufficiently. “They indicate a complete lack of understanding of how the characteristics of roles vary and their importance to the execution of the business strategy and business outcomes.” Two guiding principles Beames says two principles should guide development of a workforce strategy. Original story found here: http://www.hrdaily.com.au/ nl06_news_selected.php?act =2&stream=All&selkey=2756 &hlc=2&hlw= The first is workforce segmentation, which includes identifying various role categories (critical roles, specialist roles, those roles suitable for outsourcing, and so on) and differentiating HR policies and practices for those various roles. “Segmentation is the key to treating workforce assets as a portfolio that can be managed and analysed,” he says. The second principle is strengthening organisational critical capability and the core competencies con ????????????????)????????????????????????????????????????????+?qQ???????????????????????????????????)?????????????????????????????????????????????)?????????????????????????????t???????) ????????????????????????????????????????)??????????????????????????????????????????)???????????????????????????????????????????)!??????????????????????????????)????????????????????????????+??$?????????????????????????????????(?????????????]??? ??????+??$???????????????????????????????)??????????????????????Y@?+??$???????????????????????????????????(?1?????????M???????????????????????????????)?????????????????????????+??$??????????????????????????????????????????????)!H?????????????????????????????????????????)?????????????????????????????????????????)??????????????????????????????????????????)U???????????????????????????????????????)???????????????????????????!H????????????)???????????????????????????????????????)????????????????????????????????????!H)??????????????????????????????????? ????????+?qQ???????????????????????????????????????)?????????????????????????????????????)???????????????????????????????????????????)??????????????????????????????????t????????()???????)= Q= H?????((?((0