Human resources, very much in the news throughout the month of October. Making the HR News headlines: social capital, why talent matters, and issues involving well-being. Here’s a look at the best 5 HR articles from October 2018.
- Social Capital: The Next Frontier for HR
“There should be little doubt that human capital is a firm’s greatest asset. However, this isn’t enough. Organizations must also ensure that individuals are relationally positioned for optimal success.” Michael Arena, Chief Talent Officer, General Motors
In other words, according to Arena, bringing in the best people is only part of the solution. Firms must also bring out the best in people. That’s why social capital must be embraced by HR professionals.
Throughout the piece, Arena breaks down the two primary aspects of social capital and how they are relevant to HR practices. He also goes into detail on how to use the information effectively. To read the whole article, click here.
- Talent Matters to All Stakeholders
There is no question that talent matters to an organization’s success. Talent (workforce, people, competence, skills) has been the bailiwick for HR, captured in the maxim, “war for talent.” This talent emphasis has led to innumerable innovations in how firms bring people into the organization, move them through the organization, and appropriately move them out of the organization.
In this piece, HR thought leader Dave Ulrich takes a closer look at the stakeholders involved and their perspective on talent.
Read the full article here.
- A Truly Great Boss is hard to find, difficult to leave, and impossible to forget
Author Bridgette Hyacinth starts off the piece with a quote from the Michael Scott, a character from The Office.
“Would I rather be feared or loved? Easy, both. I want people to be afraid of how much they love me.”
It’s a funny line, but in a lot of ways it is a true statement. Hyacinth says, “Good bosses can make work meaningful and interesting even in a bad company. They make work feel like a home away from home.”
In the article, Hyacinth discusses what a good boss looks like according to some recent data and speaking from her own past experiences.
Check it out on LinkedIn here.
- Well-Being Around The World: How HR Departments Are Jumping Into Action
In one of his most recent pieces, Josh Bersin discussed a recent round of international travel. During that time, much of his focus lay on sleep, exercise, and diet. That led him to consider the how the globe is managing well-being from an HR perspective.
He reports on three specific findings related to the geographical connection to well-being, the prevalence of corporate well-being programs, and the necessity of moving away from programs to viable solutions.
Click here to read the article.
- Talent Management is the next big business strategy
Talent management is the key to business success. It’s a strong statement that is beyond contestation. Why? Numerous studies show companies offering top talent a chance to grow and develop professionally translates to high success in recruitment and retention. Talent management itself is a commitment from an organization to recruit, hire, retain, and develop employees.
In this article, HR Exchange Network editor Mason Stevenson breaks down talent management into smaller pieces, first looking at the strategy as a whole and who owns it, then looks at associated processes. Then the article turns to the effectiveness of talent management and then, finally, it’s connection to the business strategy.
You can read Stevenson’s article here.