03: 5 Ways HR can be a True Business Partner

It’s frustrating but support functions are often perceived as a nuisance that hampers production and slows down progress.

Fortunately, times are changing. According to a 2016 study, 70 percent of HR leaders have increased the amount of time they spend on business projects in a leadership capacity.

Human Resources (HR) is no longer just an administrative function within organizations. It has evolved into a strategic partner that plays a crucial role in driving business success.

The truth is that the onus is on you to change that perception so that the management team accepts you and your role as a vital part of the business.

As an HR professional today, you have more opportunities than ever before to work as a strategic partner in your organization—if you know how to seize those opportunities.

But how do you become indispensable and a true business partner in any organisation?

In this episode, I will examine five key areas where your can truly step up and become a valuable business partner.

Find the full transcript for this episode and other resources for women leaders at https://womenleadersunlimited.com/episode-3-5-ways-hr-can-be-a-true-business-partner/  

Juanita is a Transformational Coach for Women Leaders.
She helps women executives in male dominated fields overcome imposter syndrome, gain recognition and claim their space as a true business partner.

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Transcript

5 Ways HR Can Be a True Business Partner

It’s frustrating but support functions are often perceived as a nuisance that hampers production and slows down progress.

Fortunately, times are changing. According to a 2016 study, 70 percent of HR leaders have increased the amount of time they spend on business projects in a leadership capacity.

Human Resources (HR) is no longer just an administrative function within organizations. It has evolved into a strategic partner that plays a crucial role in driving business success.

The truth is that the onus is on you to change that perception so that the management team accepts you and your role as a vital part of the business.

As an HR professional today, you have more opportunities than ever before to work as a strategic partner in your organization—if you know how to seize those opportunities.

But how do you become indispensable and a true business partner in any organisation?

In this episode, I will examine five key areas where your can truly step up and become a valuable business partner.

Find the full transcript for this episode and other resources for women leaders at womenleadersunlimited.com/3.

# 1. Align HR Strategy with Business Goals

The first way you, as an HR leader can become a true business partner is by aligning HR’s strategy with the overall goals of the organization. 

Make a concerted effort to understand the organization's strategic objectives and work towards developing HR practices that support those goals.

This includes ensuring that the hiring process is aligned with the required skill sets for success, establishing performance management systems that align with business objectives, and creating a culture that promotes employee engagement and productivity.

# 2. Develop Strong Talent Acquisition Strategies

The second way you can be a true business partner is through developing strong talent acquisition strategies.

By understanding the skills and competencies necessary for success in various roles, you can attract top talent that aligns with the company's values and objectives.

This involves implementing effective recruitment processes, utilizing data-driven methods to assess candidates, and fostering relationships with potential candidates.

# 3. Foster Employee Development and Retention

The third way to become a true business partner is by developing and retaining talent. 

By providing employees with opportunities for growth and development, you can ensure a steady pipeline of skilled individuals and reduce turnover rates. 

This includes implementing training and development programs, creating career advancement opportunities, and fostering a positive work environment that promotes employee satisfaction and engagement.

# 4. Enable Effective Performance Management

Another important way you can be a true business partner is by enabling effective performance management.

As an HR Leader you should collaborate with managers to establish performance expectations, provide feedback and coaching, and recognize outstanding contributions.

By implementing a transparent and fair performance management system, HR can drive individual and team performance, ultimately contributing to overall business success.

# 5. Embrace Data-Driven Decision Making

The final way I want to mention today - is to embrace data-driven decision making. 

You should leverage data and analytics to gain insights into workforce trends, identify areas for improvement, and make informed decisions. 

By effectively analyzing and utilizing data, you can proactively address challenges, drive organizational change, and align HR practices with business needs.

And there you have it — five ways an HR Leader can be a true business partner:

·         align HR strategy with business goals

·         develop strong talent acquisition strategies

·         foster employee development and retention

·         enable effective performance management

·         embrace data-driven decision making.

In following episodes - I will elaborate more on each of these areas - so STAY TUNED!

Remember, HR has the potential to be a true business partner within your organization, driving business success through its practices.

 Can you think of more ways you - an HR Leader - can be a true business partner?

I’d love for you to share it.

Remember: You are powerful and unstoppable and it’s time for you to show it!