In the previous post, we did 3 important things:
A. Created a vision for the future.
B. Created a portfolio of all HR services
C. Created a linkages map to understand how HR interacts and depends on/supports other functions.
In this post, we will understand how to take strategic discussions using this tool.
Step One: Bases for prioritisation
What matters to your business?
Here are four different bases that you can use, either one by one, or in combination.
This discussion is ideally between the CEO and the CHRO. Other stakeholders may be present, but only if necessary. This is a very strategy-led, focused discussion.
You can either use a simple Red-Yellow-Green format, or you can get more detailed and give weightages to these items.
The first step, of course, is to take the master portfolio and remove what does not belong or is not relevant to the organisation. This step simplifies the visuals quite a bit and is very helpful.
For example, your portfolio, after pruning, might look like this:
Now, of these, we have completely outsourced:
A. BGV
B. Payroll
C. Claims and Benefits
D. Compliance
So, we remove these 4 also. POSH is on autopilot and does not need day to day attention. We remove that too.
Our portfolio now looks like this:
Now, we are dealing with significantly less complexity :)
Base One: Business Needs
This is a no brainer. If we are looking to enter a new country, global employee management will need to come first.
Likewise, anything else that is dictated by business strategy is prioritised.
Base Two: What People Want
This is a more personal prioritisation.
We pay attention to three main stakeholders:
A. What the CEO wants
B. What the CHRO wants
C. What the employees want (as per the last E Sat)
One simple way to do this is to choose 3 colour shades - White if no one selects it as important, pale blue when one person chooses it, medium blue when two stakeholders choose it, and dark blue when all 3 choose it.
Here is an example:
And now, we can clearly see that Employee Information management, RnR, LTM, and Recruitment are our focus areas for this year.
The beauty of this tool is that it is simple and visual.
So as decisions get taken, the tool also looks cleaner.
Base Three: The Urgency -Importance Grid
This is a brainstorming and discussion technique. The CHRO and CEO discuss and finalise the items that go into the four grids of urgent and important.
This base is a little confusing, and we would avoid it for the first time.
Step Two: Fixing outcomes, timelines, and responsibility
Let us continue with our example above.
We want to focus on recruitment, LTM, RnR, and Employee Information this year.
The next step is to simply write out the business outcome we expect each quarter on each of these items. Who will take ownership of these?
The outcome is the criteria for success.
For instance, we take a simple example like Employee Information.
The Quarter wise targets for these in the next two quarters are:
Q1: All employee information streamlined at a single source of truth.
Q2: Zero duplication of information across systems.
Q3: Information lag (the delay between an event happening and the information entering the system) is 2 days or less.
In Q4, with this tab reaching stability, we can deprioritise it.
Step Three: Review and Reprioritise
The ideal is to meet once a month on the HR strategy, so that we know that actions in HR are following our strategy.
Once a quarter, we can reprioritise.
This is a self-sustaining mode of HR operations that keeps HR Ops aligned to strategy.