HR Priorities for Success in 2023
Baskaran Ambalavanan SHRM-SCP, GPHR, SPHR, PHRca, HRIP
Experienced HRIS Practioner | MBA, SHRM-SCP, SPHR, GPHR, PHRca
As 2023 approaches, I reflect on the challenges and lessons of tumultuous??2022, which brought memorable experiences and difficult moments for organizations dealing with ongoing layoffs and economic uncertainty. Despite these challenges, if you are a soccer fan like me,??there were also some positive highlights, Argentina winning the World Cup after 36 years and solidifying Lionel Messi's status as the greatest of all time. As organizations face uncertain and confusing times with a triple squeeze of inflation, global supply chain constraints, and talent shortages, HR professionals are tasked with finding a balance between cost savings and talent investments, as well as meeting the needs of both the business and employees.
?Operationally, challenges for HR in 2023 are multifold. The role of HR has indeed become increasingly important in recent years, mainly due to the impacts of the COVID-19 pandemic. HR departments have had to adapt and find new ways to support employees and the organization during a time of great uncertainty and change?the challenges facing HR departments in 2023 will likely continue to evolve as organizations navigate an increasingly complex and dynamic business environment. According to McLean HR Trends 2023, HR's involvement in the broader organizational strategy is increasing, and the improved engagement benefits organizations at many levels, as shown in the chart below.
As the above chart shows, when HR functions as a strategic partner, organizations are 1.5 times more effective at quickly adapting and scaling to take advantage of new opportunities and 1.3 times more effective at generating and implementing new ideas. There is no doubt that HR plays a critical role in both employee and organizational success.
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?According to Gartner HR Trends 2023, the following five are HR leader's priorities :
·???????Leader and Manager Effectiveness - 60%
·???????Organization Design and Change Management - 53%
·???????Employee Experience - 47%
·???????Recruiting-??46%
·???????Future of Work- 42%
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HR departments in 2023 will likely have a full plate of priorities and challenges, and the possibility of a recession may add to this. While no one likes a recession, HR must address the issue and help prepare employees and the organization to navigate potential challenges. Layoffs can be demanding and stressful for both employees and HR professionals, but HR professionals must do their best to make the most of the situation. Here are some ways that HR can support employees and help to mitigate the adverse effects of layoffs during a recession:
1.?????Communicate openly and transparently: Nothing works well, like being honest and transparent about the reasons for the layoffs and the process that will be followed. This can help to reduce uncertainty and fear among employees.
2.?????Offer support and resources: Provide employees with resources to help them through this difficult time. This might include information on unemployment benefits, job search assistance, outplacement assistance, and counseling services. In addition, consider?offering additional support, such as mental health resources or flexible work arrangements for those struggling with the stress of the situation.
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3.?????Be understanding and empathetic: HR needs to be understanding and compassionate towards the feelings and emotions of employees being laid off. This can help to create a sense of trust and respect, even during difficult circumstances.
4.?????Foster a sense of community: During uncertainty, fostering a sense of community and support among employees can be helpful. HR can facilitate group activities or support groups to help employees connect and feel supported.
5.?????Focus on the future: While it may be difficult, HR needs to focus on the future and help employees to look toward new opportunities. This might include assisting the employees in developing new skills or finding new job opportunities.
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Overall, the key for HR is to be open, humane, transparent, and supportive during this difficult time. By providing employees with the resources and support they need, HR can help to alleviate some of the stress and uncertainty associated with layoffs and a recession. It is important to remember that how HR handles layoffs can significantly impact the remaining workforce and future hires.
Empathy Strategist? ?Forbes Coaches Council ?Author ?“The CFO who speaks Empathy!” ?Driving Business KPIs while Inspiring Thriving Cultures ?Keynotes, Workshops, Coaching, Retreats ?Fractional Executive
2 年Truth Baskaran : “HR professionals are tasked with finding a balance between cost savings and talent investments, as well as meeting the needs of both the business and employees.” ???????