We often hear
generic statement like "HR MUST ADD VALUE TO THE BUSINESS..." The
aim of this book is to highlight the value of 'human capital' as a strategic
tool for business competitiveness. In the era of the fourth Industrial
Revolution (also known as Industry 4.0), the Human Capital Function needs to
secure an acclaimed role as an agile function; overstepping operational hurdles
to become a strategic partner… thus a recognized contributor to the business
bottom-line.
Some
companies attempt the HCM function's turnaround in a piecemeal or sporadic
manner; by adopting myriad ideas or fads. This trial and error approach needs
to be replaced with (what this book elucidates) – the HCM 4.0 BUSINESS CENTRIC
MODEL; which structures disconnected ideas into a cogent model; to dovetail
seamlessly with the business strategy.
This book
gives a practical framework which enmeshes the discordant HCM processes and
practices into an holistic HCM Master Plan. The Model guides the way to the HCM
function becoming business centric – first by being outward-looking to be in
touch of the market conditions; and then inward-centred to gauge the
organization readiness level to address hardcore business issues. All this can
become real only if functional/business managers are co-opted as stakeholders.
HCM needs to revamp the function and embrace the norm of "management-by-
measurement" and acquire the new competencies and mindset HCM
professionals need to be abreast with changing times
THE AIM OF THIS
BOOK
In the last decade some companies have attempted
partially and piecemeal to adapt myriad ideas about strategic HR. Some companies through trial and error have
found some byways to implement them.
The breakthrough needed is found in the HCM 4.0 BUSINESS CENTRIC MODEL espoused
in this book.
It aims to take
the human dimension
of organizations to a
holistic strategic level. This book
has a practical roadmap to transform clichés like ‘people matters’
and ‘people are our
#1 asset’ into
a tangible business plan, make talent a competitive advantage, and significantly make contribution to the strategic
growth of their organization. Many authors and practitioners have
espoused individual elements but the key is to these
disconnected ideas into a cogent model.
KEY FEATURES OF
THE BOOK
I have drawn many lessons
from my consulting experience. I got the
opportunity to work with company
directors and owners of diverse business sectors. They are all street-smart
businessmen from whom I learnt several
business ideas from them. I in
turn had to debate and discuss my big idea that the LAST competitive
advantage in a rapidly changing business world IS THE HUMAN RESOURCE
EDGE. I owe them a ton of gratitude for
getting the chance to implement my ideas in their enterprise; and refine my own
learning.
HCM 4.0 is a robust framework, which takes us
to the strategy journey from concept-
development of the master plan; alignment to business strategy. It interlinks
environmental analysis with analysis of the firm - the two hemispheres of
strategic management. It guides moving
away from the traditional inward looking approach - at operations and best
practices and crossing the chasm to be
outbound looking at the markets and external challenges in the changing
business environment.
CEOs in todays scenario of cost crunching; are compelled to ask for more measurement
and accountability. Consequently the HCM function is under pressure, internally, to show REAL
VALUE. In response HCM leaders are
on a sticky wicket. A probable reason could the HCM function has
never highlighted its contribution to
creating business value; added except in trendy, unquantifiable, and wannabe terms. the model
directs to Management-By-Measurement - to give it a real-time base sing
principles of evaluation.
Finally HCM 4.0 MODEL hits upon the
tricks and tactics of execution.. Each part
of this book gives steps to design,
manage, and implement
the model. The aim of this model is to approach the subject from a practical angle. . Each segment of the model involves a roadmap for ‘’getting things
done’’ this book is most application based every concept is
linked to practical application. I have
tried to share experiences and insights into how
every HCM manager needs to wrestle with complex issues
and
helped
turn
ideas into action
Numerous examples of human resource practices are provided throughout the book,
which can be practiced across the spectrum of industry; by companies both small
and large.
BENEFITS TO THE READER
The New and improved HCM
4.0 MODEL needs HCM professions who are commercially adept and are able to move
ahead of the blind curve and anticipate business challenges. The book addresses the issue the new competencies HCM professionals;
who need to acquire the ‘business
centric’’ mindset which can enable all senior HCM professionals to discuss
eyeball to eyeball with the counterparts in the functions.
Here is a chance for
Human Resource managers (who aspire to be
serious practitioners) to learn strategic ways of
managing human resources They need to understand
why a strategic
approach is necessary. It will also help them define
a coherent framework; new and enriched
roles in the
process to , execute the HCM master-plan and deliver results . This book will be a help to senior managers , who must support HC strategy and take the lead in developing it, The
functional managers need to be in harmony with the
HCM strategy to support
it, provide resources for it,
and constantly reinforce and adjust it .
CONTENTS –
Part I - HCM 4.0 MODEL BLUEPRINT ON THE DRAWING
BOARD
1: HCM 4.0 Writing a New Mandate —Becoming Strategic and Proactive
2: Aligning HCM 4.0 Plan to Business Strategy— An Holistic Approach
3: HCM Master Plan Summit —A Comprehensive Exercise to Turnaround Your Function
4: HCM 4.0 Model Inward/Outward Approach
5: Company-wide Cross-functional Approach —Line Manager's Role in HCM 4.0
Part II - HCM 4.0 EXECUTION AND THE ART OF MAKING
THINGS HAPPEN
6: HCM 4.0— Strategy Execution: Changing Gears—From Planning to Execution
7: HCM 4.0 Implementation —Pitfalls and Precautions
8: Key Deliverables of HCM 4.0 Value Proposition
9: How to 'Sell' the HCM 4.0 Value Proposition?
10: HCM 4.0 Sharpens the Strategic Edge —Carving Out Its New Role Space
Part III - HOW TO WIN CREDIBILITY FOR THE HCM 4.0
MODEL?
11: HCM 4.0 Management-by-Measurement
12: The Evolution of Management-by-Measurement
13: Management-by-Measurement — Charting the Course Step-by-step
14: Sample List of Strategic Metrics —Helping HCM 4.0 to Prove its Worth
Concluding Agile HCM 4.0—Embrace Disruption
LIMITED COPIES IN PRINT –
BUY ONLINE
Website Link - https://www.himpub.com/BookDetail.aspx?BookId=8926
Amazon Link - https://www.amazon.in/dp/9356936099?ref=myi_title_dp
With Best
Wishes
Dr Wilfred
Monteiro
No comments:
Post a Comment