As the landscape of business is changing rapidly, the role of human resources is evolving and expanding. Major events in the global economy have caused disruptions in the realm of human resources.
The role of human resources is vital in any organization because it takes care of all the activities related to manpower. Yet, it is being underrated for a long time.
It has become crucial to look ahead to the changes in the industry and anticipate the possible impacts on business. The HR leaders have a responsibility to recognize and develop the critical competencies which are needed for their ever-evolving roles.
Here’s a list of 4 principles or competencies that every HR leader needs to develop right away.
- Knowledge is power. It is much broader in scope and the HR leaders must demonstrate impeccable business acumen that includes the industry and environment as well. Having good knowledge is crucial to make deliberate business decisions. As the HR professional or leader, you must know why human resources department is important to the company’s core business functions. Take help of a wide range of internal and external resources to learn even more about your company and its operational functions. Get to know about the organizational metrics that are being used to make HR decisions which are aligned with the company’s goals. The great HR leader must leverage the dynamic technology to solve an HR problem. Having good knowledge will show the employees in your company that they can truly trust you. Building such proficiency isn’t a cakewalk, it may need a long time. If you have just started out, then you need to learn more about your current company’s structure and how its business works. Additionally, make it a habit to read the relevant books, materials, and resources. It is more important to know what to say and when to say it to the right people. As you’ll be moving up, it will become important to use your business acumen to help in formulating successful HR strategy. Discover more about HR roles and responsibilities by asking for temporary work assignments. Additionally, try working in different functional areas to absorb the essential knowledge, such as in finance or marketing. Make it a point to ask for valuable feedback from the business stakeholders regarding your skill of decision-making.
- Credibility and Consistency! These two aspects are the important ones that will help you to achieve effectiveness in your role. There are several books and resources on the role of human resources available that offer the necessary groundwork for it. Be open to others’ perspectives. Know when a decision is made in the company, how does it impact the workforce? Get to know about the decision-making process. Having a constant inquisitiveness will help you to know more about credibility and why it’s so important.
- The importance of knowledge for this profession is vital and HR leaders must take it seriously. The role of HR is constantly changing and the HR leaders must stay ahead of the present curve. This means to know more about the upcoming workplace trends, laws, regulations, and not to be reactive but still acting quickly. To maintain such pace, HR practitioners must attend workshops, seminar, and do the necessary coursework to become a voracious learner. Because learning never stops!