a better hr · a better hr making your team stronger & adding strategic value michael walters...
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A BETTER HRMAKING YOUR TEAM STRONGER & ADDING STRATEGIC VALUE
MICHAEL WALTERSEVP, HUMAN RESOURCESGENOA HEALTHCARE
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DISCUSSION TOPICS
Onboarding
HR Function
The Business People Data
Your Team
HR Strategy
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1. HOW TO ONBOARD
ONBOARDING FOCUS AREAS
1) Learn the business
2) Build relationships
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2. EVALUATING HR
HUMAN RESOURCES FRAMEWORK
Business Partners
Organizational Development
Recruitment
Payroll Benefits Comp Systems Metrics Compliance
Business Strategy
Fou
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• Employee Relations• Coaching• Field Interface
• Training Programs• New Hire Orientation• Employee Development• Management & Leadership Excellence• Talent Management
• Workforce Planning• Sourcing/Hiring/Offers• University Outreach• Intern Programs• Onboarding Process• Employment Branding
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HR HIERARCHY OF NEEDS
Secondary Primary
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3. EVALUATING THE BUSINESS
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HOW DOES YOUR COMPANY MAKE ITS MONEY?
How does this impact your people strategy?
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P&L MECHANICS
Revenue
- COGS
GROSS PROFIT
- Operating Expenses
OPERATING INCOME
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Grow through volume or price increase
Drive down costs
Also impact through product mix
Maximize
Decide: Invest or Optimize
WHAT IS THE BIGGEST OPPORTUNITY/ CHALLENGES THIS YEAR?
How does this impact your people strategy?
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Business Model
Opportunity/
Threat
HR Strategy
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4. EVALUATING DATA
TURNOVER
Rate of turnover
Be specific.
Which populations are most important to your business?
• Is it improving?
• Compared to competitors?
• What type of turnover?
• Why are they leaving?
• Who is leaving?
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5. EVALUATING & LEADINGYOUR TEAM
HIRING
1) How strong is their business sense?
2) How well can they develop relationships?
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Intellectual Curiosity Self Awareness
OHIO STATE STUDIES
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ALIGNMENT
• Publish
• Three Rocks
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6. CONTINUOUS IMPROVEMENT
IMPORTANCE OF STAYING CONNECTED
• Quarterly Report Outs • Annual Business Review
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TIPS FOR MANAGING EXECUTIVES
• Phones
• Matter of Convenience
• Morning time
• Travel days
• Get Decisions in Person
• No Surprises
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COMPETENCY BASED MODEL
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FINAL THOUGHTS
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FINAL STRATEGIC THOUGHT
What does your business need?
Go do that.
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