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Maximum HR: Strategic Partnering HR Tampa October 25, 2019

Maximum HR: Strategic Partnering · Maximum HR: Strategic Partnering HR Tampa October 25, 2019. ... analytics §Apply approaches to align human resource strategy to the business strategy

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Maximum HR:Strategic Partnering

HR Tampa October 25, 2019

Key Learning Objectives§ Enhance your understanding of business

analytics§ Apply approaches to align human resource

strategy to the business strategy§ Learn practical tools and techniques to

enhance your personal credibility as a business partner

Two – Minute Partner Exercise§ Who influences you?

§ Who do you influence?

The true measure of leadership is influence - nothing more and

nothing less.

John C. Maxwell, Leadershift

Be Invited To The TableBecome a Credible Activist§ Establish credibility at all levels of an

organization§ Build trust by following through on commitments§ Have a point of view§ Demonstrate perseverance§ Keep up to speed on innovative HR practices§ Be an exceptional communicator with the ability

to frame complex ideas in simple and useful ways

Source: Victory Through Organization

We live in a world awash in information. Having access to information doesn’t give

you any competitive advantage.What gives you competitive advantage is

being able to curate that information, distil that information and say, ”All of of this is

noise, but this part is signal.” It is the ability to create clarity by

curating information.Daniel Pink, author

Business Measures In Reality

ü What is being tracked by the CEO / CFO?ü What measures are discussed in

meetings on a regular basis?ü What is being reported on to the board?ü What is middle management being

evaluated on?

Customer

People

Financial

Metrics

CEO’s Perspective:Talent Critical to Success

Source: C-Suite Challenge 2019, The Conference Board

Attracting and retaining talent

Developing next gen leaders

Aligning comp with performance

62%

41%

28%

Business AnalyticsSales/Revenue

• What leadership activity or behavioral economic variable best predicts real sales increase?ü High Customer Engagement/NPS

• What best predicts customer engagement?ü Employee Engagement/eNPS

Engagement Stuck…per Gallup0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

ENGAGED

NOT ENGAGED

ACTIVELYDISENGAGED

People/Business Metrics§ Revenue per Employee• Productivity

§ Average TTF: Time to Fill• Lost revenue per vacancy

§ Turnover Rate: # terminations / average headcount• Cost of Turnover per position• Turnover by Manager

11111111111

222222222222

3333

44444

555555

6666

77

88

99

0 1 2 3 4 5 6 7 8 9 10

Turnover by Manager10 leaders with the highest turnover

represent 43% of all terms

Gallup research shows that a mind-boggling 70% of an employee’s motivation is influenced by his or her manager.

Double the number of great managers and reduce the number of lousy managers by 50%

What is the lever to create change?

Source: It’s The Manager by Jim Clifton and Jim Harter

CASTLE Model

§ Control § Aspirations§ Strategy§ Tactics§ Leverage§ Evolution

CASTLE Model§ Control – Mastery of the Financial

Performance of the Business

§ Aspirations§ Strategy§ Tactics§ Leverage§ Evolution

CASTLE Model§ Control – Mastery of the Financial

Performance of the Business

§ Aspirations – Vision, Mission, Values, Long-Term Goals

§ Strategy§ Tactics§ Leverage§ Evolution

CASTLE Model§ Control – Mastery of the Financial

Performance of the Business§ Aspirations – Vision, Mission, Values, Long-

Term Goals

§ Strategy – A plan for the business to focus

§ Tactics§ Leverage§ Evolution

CASTLE Model§ Control – Mastery of the Financial

Performance of the Business§ Aspirations – Vision, Mission, Values, Long-

Term Goals § Strategy – A plan for the business to focus

§ Tactics – The ways to achieve the strategy

§ Leverage§ Evolution

CASTLE Model§ Control – Mastery of the Financial

Performance of the Business§ Aspirations – Vision, Mission, Values, Long-

Term Goals § Strategy – A plan for the business to focus§ Tactics – The ways to achieve the strategy

§ Leverage – Build a business that is sustainable

§ Evolution

CASTLE Model§ Control – Mastery of the Financial

Performance of the Business§ Aspirations – Vision, Mission, Values, Long-

Term Goals § Strategy – A plan for the business to focus§ Tactics – The ways to achieve the strategy§ Leverage – Build a business that is

sustainable

§ Evolution – Continuous learning and change

CASTLE Model§ Control – Mastery of the Financial

Performance of the Business§ Aspirations – Vision, Mission, Values,

Long-Term Goals § Strategy – A plan for the business to focus§ Tactics – The ways to achieve the strategy§ Leverage – Build a business that is

sustainable§ Evolution – Continuous learning and

change

Enhance Your Personal CredibilityEducate yourself about other areas of the business

Be curious. Ask questions to

learn and lead.

Add value to people, help leaders stretch

to their potential

Show HR initiatives’ impact on the bottom line

Ask yourself:

Where can I add value today?

“Life is a like a ten speed bike. Most of us have gears we never use.”

Charles M Schulz

EMAIL:

[email protected]

VISIT:

www.merbachandassociates.com

TEXT/CALL:

407.948.0321

For more information

Sherri Merbach

HR Tampa October 25, 2019