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
Top 10 HR Investment Areas 2013/2014
Few weeks ago Marc Coleman - HR Tech Europe - has carefully drilled down into the Key HR Investment Areas in Europe:
European HR Investment #1: Talent Management
Bridging the Strategy-to-Performance Gap
Written by Bruce Nixon, CEO of Holocentric
A study found that executives typically deliver only 63 percent of their strategy’s potential due to breakdowns in planning or execution. Even the greatest strategies struggle if executed improperly.
The costs of strategy failures for a business can include confusion among the workforce, disparity between the organisation’s vision and its day-to-day operations, misuse of resources and waste of time and money.