In addition to being the top-ranked challenge of CEOs globally, Human Capital is closely linked to the next three top challenges – Customer Relationships, Innovation, and Operational Excellence – in that a talented, engaged, and properly motivated workforce is critical to success.
The strategies CEOs are using to meet the human capital challenge center on greater leadership effectiveness, building a performance culture through measurement and accountability, providing workforce training, and raising employee engagement.
The trend is toward a „grow-your-own strategy“.
CEOs in Europe – the STRIM domestic market – see succession planning and rewarding entrepreneurship as keys to success.
The focus currently lies on three product service packages:
- HR controlling (incl. personnel administration and reporting) & workforce analytics,
- strategic workforce planning, and
- talent management.
Dr. Volker Mayer
Gütschstrasse 22, Switzerland-8122 Binz
Tel.: +41 43 366 05 58
Morgenröte 8a, Germany-68305 Mannheim
Tel.: +49 621 7481 742, Fax: +49 621 7481 741
E-Mail: volker.mayer@strimgroup.org
Strategists in the 21st century
Excerpt from an article "Rethinking the role of the strategist. Strategic planning has been under assault for years. But good strategy is more important than ever. What does that mean for the strategist?", McKinsey Quarterly, November 2014, by Michael Birshan, Emma Gibbs, and Kurt Strovink.
How does HR Analytics correlate to business success?
A commentary by Dave Sumner Smith, CEO at Next Dimension Media.
HR Analytics are no longer a ‘nice to have’. They are becoming an essential part of modern business, according to research from the Corporate Executive Board, which shows that more than 90% of HR leaders plan to significantly increase their investment in HR analytics by 2016.