New-Age HR Leadership Skills to Lead in a VUCA World
New-Age HR Leadership Skills to Lead in a
VUCA World
Volatility, uncertainty, complexity and ambiguity have always existed in every business and
every function.
New technology comes in and disrupts the markets overnight. New competitors emerge from
unexpected corners. In order to operate successfully in a world where everything is fast-moving
and complex, leaders often feel they have to run to stay where they are. They are also expected
to devise a strategy to manage and mitigate VUCA.
What does VUCA mean to the leadership?
The concept of VUCA is not new. We deal with it every day. The pandemic only aggravated the
situation, so the leaders need to seek answers to these questions in order to deal with it
effectively:
How should we deal with VUCA? How predictable is it? How was it handled in the past? Is the
strategy relevant today? How can we leverage human capital and technology to handle the
situation? After finding the answers, the concerned stakeholders have to patiently and
consistently move towards the goal of addressing the challenge, be it volatility, uncertainty,
complexity or ambiguity.
What’s the best way to implement strategic workforce planning?
Outline a unique strategy to reach the organisational goals. This includes the short-term goal,
long-term goal, and investment required for the same. You also need to know how you got to
the current position and where you want to go. Once you get started, aim to achieve some
progress every day. What’s more, you need to simplify the work with technology and assign
tasks smartly to maximise productivity.
What are the challenges of strategic workforce planning?
The overall strategy must be communicated in such a way that people understand it and
become committed to it. This is often a challenge. Preliminary and frequent discussions are
essential for sustenance and success. People may not always have the time for the same.
After the strategy has been rolled out, progress should be measured with the right processes
and tools. No doubt, this is another ordeal. The entire process can be challenging if there are
flaws in planning or execution.
What is employee engagement, and how important is it?
Employee engagement is not about tapping everybody every day and asking, Are you happy?
Are you fine? It evolves from practices, situations and how communication and execution
happen. It is important to ensure that an engagement initiative improves an employee’s sense
of belongingness and commitment. A committed employee is likely to be more productive. This
commitment is also essential to make any engagement initiative successful. Simply put,
employee engagement is not a one-way street! It requires the efforts of both employer and
employee.
What is the new-age structure for an organisation?
It is a triangle consisting of people, technology and wellness. Organisations should invest in
human capital and encourage everybody to rise through the ranks. The second component is
technology. The leaders should adopt the right technology, automate processes and maximise
efficiency. The third component, wellness, is much more than mental wellness. It is about
ensuring holistic wellness and building an ecosystem where everybody feels mentally and
physically healthy.
What strategies should HR adopt for a sustainable learning framework?
The first step is to create employee buckets based on their expertise and experience. Then they
must put together a set of processes to help them realise their dreams, keeping the
organisational goals in mind. Monitoring progress for continuous improvement is the next
logical step. But it requires the deployment of the right kind of programs and tools. Only then
can they gauge the impact and sustainability of the strategy.
How important is HR Analytics in today’s environment?
Ten years ago, HR quantified only administrative tasks (e.g., Number of people interviewed,
onboarded or trained). Now it is a lot more advanced. Analytics is used to calculate the cost of
hiring, employees’ contribution to the organisation and more.
As the custodian of human capital, HR has now become responsible for employee retention
and productivity. Analytics can enable them to draw the right insights for handling these
challenges while contributing to the growth of the organisation.
What are the proven ways to retain an employee?
First, we need to understand why it has come to this stage and ensure that it does not get
repeated. The next step is to try and retain the person by offering what is possible. Lateral
moves, reskilling and wellness programs are some of the ways that can help retain an employee.
Read on the greytHR blog.
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