In its new study, The Top 10 Critical Human Capital Issues: Enabling Sustained Growth through Talent Transparency, i4cp highlights specific issues that organizations need to address to avoid derailment, and provides actionable strategies that will put organizations on the path to sustained success. These reflect the imperatives to develop deep bench strength in critical roles with highly targeted talent segments, to minimize the loss and ensure the proliferation of organizational knowledge, and to ensure consistent, high quality interactions and communications from a broader group of leaders to achieve desired results.
And according to the Society of Human Resource Management, improvements in the economy are reflected in the actions HR professionals are taking in response to trends with a focus on recruiting, retaining and developing employees. They are updating their approaches to recruiting, linking employee performance and its impact on the organization’s business goals, and putting more emphasis on succession planning and people readiness; many HR professionals also say they are hiring.
Another theme to emerge in the actions HR professionals say they are taking is technology. HR professionals are using social networking sites for recruiting, employer branding and other purposes, updating technology use policies for employees, expanding the use of e-learning, and expanding the use of technology-based employee and manager self-service applications. The importance of legal compliance continues to be a force influencing the actions HR professionals are taking, and many say they are changing organizational policy in response to regulations and changing employment practices to minimize risk.