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Want to become strategic? Know the 3 projects to tackle

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in Best-Practices Leadership,Firing,HR Management,Human Resources,Leaders & Managers,Leadership Skills,Management Training

Only 23% of execs say HR plays a key role in shaping company strategy and affecting operating results, says a new Deloitte survey.
    The key for you: “Pick a project that impresses executives, impacts the bottom line and makes good use of your time,” says Dave Ulrich, co-founder of the RBL Group and a University of Michigan business professor.
    To increase your value in the most time-efficient manner, Ulrich advises, focus on the following three areas:
    1. Develop leaders. Leadership development is the top people-management issue for company success, according to the Deloitte survey.
    Implement a four-step process: (1) Sit with top executives at a half-day session to develop a definition of a “good leader.” (2) Assess with execs whether the organization’s leaders meet that definition. (3) Develop a strategy to improve leadership through coaching, mentoring and job assignments. (4) Implement a way to measure the results.
    2. Become involved in even the smallest acquisitions and expansion projects. Show that you can quickly deliver top talent wherever the company needs it. Provide ready answers to such questions as: What talent is needed to run the facility? How will we find the people? Which employees should relocate to help launch the new facility? How long will it take? How much will it cost? 
    3. Develop a program to retain top employees. Conduct exit interviews to determine why people leave. Categorize employees by their job titles, performance levels and reasons for leaving. Cross-reference each category according to the departed employees’ bosses. Use the data to create a retention program that addresses the top reasons employees leave.

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