developing national and organisational human capital presentation at atd mena
TRANSCRIPT
Developing Human Capital
@JonIngham #atdMENA
HUMAN CAPITAL
NATIONAL HUMAN CAPITAL
“Human Capital - the greatest asset of the nation” - Ibrahim Al- Moaiqil, Director General HR Development Fund
ORGANISATIONAL ROLE IN DEVELOPING NATIONAL HUMAN CAPITAL
§ Legal requirements § Corporate Social
Responsibility § Market forces
BASIS FOR COMPETITION
Competitive Positioning
Core Competencies
Organisational Capabilities
MCKINSEY – BASIS FOR COMPETITION
§ Organisation Health (Beyond Performance) § An organisation’s ability to adapt is crucial § What can’t be replicated is the ability to grow from
within ie better health § The health side is very much about me § How well do we align people on where we want to go? § How do we renew ourselves along the way?
EVOLUTION OF HR/L&D / 1
Ac$vi$es
Personnel / Training
EVOLUTION OF HR/L&D / 2 (ADDING VALUE)
Personnel / Training
HRM/HRD
Ac$vi$es
Business Results
EVOLUTION OF HR/L&D / 2 (ADDING VALUE)
Personnel / Training
HRM/HRD
Ac$vi$es
Business Results Outcomes
EVOLUTION OF HR/L&D / 3 (CREATING VALUE)
Personnel / Training
HRM/HRD Business Results Outcomes
Ac$vi$es
HCM/HCD Business Impacts
HCM&D NEEDS A CHANGE IN DIRECTION!
Personnel / Training
HRM/HRD Business Results Outcomes
Ac$vi$es
HCM/HCD Business Impacts
REMEMBER RAM CHARAN?
Personnel / Training
HRM/HRD Business Results Outcomes
Ac$vi$es
HCM/HCD Business Impacts
FINANCE ARE FROM MARS
HR ARE FROM VENUS
HR-‐LO
HR-‐A
CAPABILITIES FOR HCM&D / TALENT DEVELOPMENT
• HCM (Outcomes) – Focus on people – Language of people – Psychology,
sociology, anthropology
• Today’s HR (Impacts) – Focus on business – Language of business
(finance) – Decision science
HCM & TALENT DEVELOPMENT
§ Talent management refers to any activity or function which increases the health, wellbeing, engagement, capability, diversity and any other qualities of people to do their work
§ Training = Industrial Era
§ Talent Development = Knowledge Era
HCM & TALENT DEVELOPMENT
Talent refers to one or more of:
§ Everyone
§ People in particular roles or levels
§ People with particular skills
§ People in whom investment will provide a disproportionate return
§ People most closely connected with human capital required by organisation
HCM & TALENT DEVELOPMENT
Talent - watch out for:
§ People who shout the loudest
§ Narcissists and sociopaths
§ Human vs social capital talent (eg connectors and network brokers)
§ Results that are due to communities not individuals
§ Factors in the rest of the organisation (McKinsey 7S)
§ Complexity!
QUESTIONS / FOR FURTHER INFORMATION
• Questions? • And for more information contact:
– www.joningham.com – www.strategic-hcm.blogspot.com – www.linkedin.com/in/joningham – @joningham – [email protected] – +44 7904 185134