Sunday, February 6, 2011
Core, Common, Critical - Understanding Where to Invest Human Capital Development Resources
Whether you are human capital development resource heavy or light...knowing where to apply resources to have the biggest impact on organizational performance is a critical business skill for Human Capital Management (HCM) leaders. One approach to take is the defining of Core, Common, and Critical skills...
Whether your HCM governance structure for your organization is centralized, decentralized or federated...this approach can enable informed resource decisions and drive closer integration across aspects of the organization that may not have existed before.
To gain the buy-in of all parts of the organization involved...it is recommended that you determine the Core skills needed to achieve current and future business results. This not only gives you the HCM leader understanding of what the organisation is doing and why, you are better positioned to support it as an individual component. A key piece of this effort is to ensure that the findings are validated by the unit's leaders to ensure that the right skills are drawn out for it to succeed.
By conducting this with each individual unit within the organization...you are in a position to aggregate findings across the organization and identify those set of skills that are Common across the entire organization. While this is a great data point...it is not the complete answer.
After identifying these Common skills, you must work with organizational leadership to understand the business strategy and identify the Critical skills that will drive superior organizational performance and business results. By understanding what these Critical skills are, we are better prepared to measure their impact and make the right set of resource decisions.
While this process is not rocket science...it can be easily repeated to enable organizational and business success.
Nuff Said!
Cheers,
Keith
Twitter: JKeithDunbar
LinkedIn: http://www.linkedin.com/in/jkeithdunbar
DNA of Human Capital: http://dna-of-humancapital.blogspot.com/
The opinions or views expressed here are mine alone and do not represent the views of the Department of Defense or the Defense Intelligence Agency.
Labels:
business strategy,
HCM,
leaders,
skills
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment