Stay informed and ready to meet both everyday challenges and long-term planning and policy-making goals, with focused news, practical information, and strategic insights on all HR-related...
Jan. 23 — One approach to human resources is that it can be split into two departments: one strategic and business-focused, and the other administrative. Not so fast, says Dave Weisbeck, chief strategy officer at Visier, a Vancouver, Canada-based workforce analytics and talent management firm. Employers can benefit from and thrive with a single HR department focused on both administrative and business duties, he said during a Jan. 21 webinar sponsored by Visier.
During “The Case Against Splitting HR: How to Become a True Strategic Advisor,” Weisbeck explained that in the split version of HR, one function would oversee administration, primarily managing compensation and benefits, and would report to the chief financial officer; the other function would manage leadership and organization, with a focus on improving the talent capabilities of the business, and would report to the chief executive officer.
Weisbeck said that CEOs recognize the critical importance of a well-planned talent strategy but find that when they try to engage HR in more discussion about the talent side of the business, it can be “too heavily process-oriented in things like running benefits, handling surveys and labor relations.” In other words, he said, HR can “struggle to relate to the business.”
But this doesn't need to be the case, Weisbeck said. “When you put in place great HR teams that are effective at implementing the right HR programs, we know it leads to businesses that work,” he said. “What organizations struggle with is making it consistently effective.”
Moreover, Weisbeck said, the two major functions of HR can complement each other to make the department more effective. Linking staffing levels to sales goals or production targets, for example, allows HR to forecast productivity and align with business goals, he said. HR is thusly leading the organization from an administrative and talent management perspective. “So HR should constantly be living in those two worlds of when and how many people the organization needs and how much they cost,” Weisbeck said.
He said that data-driven HR departments are more likely to play a role in strategic decisions because analytical data helps HR understand the complex talent needs of the business.
Weisbeck concluded, “If you can bring that kind of analysis—here are our expected total labor costs, here is where our forecast is, here is where we expect to end the year, here are the changes we think are right and appropriate to get us back on track—the business will stop thinking HR is just delivering another head count and will start to engage in a conversation about HR's role in really impacting the business.”
To contact the reporter on this story: Caryn Freeman in Washington at email@example.com
To contact the editor responsible for this story: Simon Nadel at firstname.lastname@example.org
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)