Not Human Capital, but People: From HR to People Management
HR 2030: Daniel Bauer on the shift from human resources to genuine people management, and why people are the key factor for success in the future.
Have you ever thought about strengthening your management team with athletes? Or what valuable skills refugees and asylum seekers in particular can bring to the table? Many companies tend to think conservatively when it comes to lateral entrants. They rarely look “out of the box”. Yet there are also attractive solutions beyond related professions and reactivated retirees. We would like to give you some food for thought with this article from our newsroom. In the Valdivia Future series, we regularly present new or unusual ideas on corporate governance and HR management.
Combating the skills shortage with career changers
By 2030, the number of applicants per vacancy could fall to 0.38, according to a recent study by the job platform Heyjobs1 . Career changers are part of the solution — many companies have already recognised this. Nevertheless, the advantages of this personnel resource are often underestimated:
Future opportunity Basic skills
But where could the future top performers come from? After all, obvious groups such as foreign skilled workers, related professions or pensioners are not inexhaustible.
The solution to the riddle is “basic skills”. This refers to personality traits that someone brings with them from their previous development or career. They can be a prerequisite and even an asset for the tasks in your company. Examples:
The idea behind it: You are looking for people whose mindset matches your requirements, but for whom there are no direct development prospects or career opportunities in their current positions.
“Out of the box” will become the standard by 2030
At least that is the view of a study by the University of St. Gallen and PricewaterhouseCoopers2 . Compared to the pre-corona era and even today, in six years’ time, visionary thinking and a willingness to experiment will experience the greatest increase in importance in HR alongside analytical skills.
According to the same study, employee training and transformation and change management will also become significantly more important by 2030. In short, the difference between the integration of non-specialist staff and the reorganisation of existing staff will therefore become smaller; the tasks of tomorrow will require retraining and further training for everyone.
From lateral entry to a culture of diversity
In order to attract lateral entrants to strengthen the workforce in the long term, the entire company should adapt to this strategy — also to the benefit of your core workforce:
Last but not least, a climate of mutual understanding is important. The new colleagues should develop respect for the challenges and achievements of the existing staff — and vice versa. For example, create forums and events where newcomers can talk about their previous work and experiences. This will break down prejudices and help everyone involved to better recognise the opportunities that the new diversity offers them.
Footnotes
(Image source: istockphotos.com)
HR 2030: Daniel Bauer on the shift from human resources to genuine people management, and why people are the key factor for success in the future.
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