Balancing Judgment and Discernment

The frugality of the situation and their inter-changeability remains the driving force to strategy. Even though, it is defined, as a set of planned actions over a period, to achieve the desired result.  Organization mirrors this, as the business target to reap the profit. The business goal percolates to every function, over arching with one organization goal. HR functions identify the people factors in this goal. The strategy set for the year drills down to individual functions connecting the business units. Connecting different requirements put the functions on the same page. For instance, the broad-banding of a strategy, such as building agility, would echo for recruitment with greater in-house expertise, where as payroll may require errors free, as its prime target.A case as shared as below in ‘Concern’, surfaces the tip of an Ice berg, with the challenges in Strategic HRM. This is a part and a parcel of talent management. Every organization aims to hire the best talent and retain them with best compensation. Hitherto, the gap between perception and reality edges employee dissatisfaction.

Concern: Recently we have hiked the salary of one of our employee after reviewing her overall performance. However, she is not happy with it.  She is been expecting more. Every day she reminds to negotiate an increase in her salary. Please help on how to handle this situation.

The case facts:

  • The compensation planning allocated hikes to each grade and rank, attenuated by the performance standards.
  • The employee is presented with the hike , which do not match the expectations.
  • Ordeal of negotiations for another hike lengthens decision making.

Looking glass

Logical thinking coupled with practical situations brings in the solution.  Three dimensions that attributes to strategy are as discussed below:

  • Goal Setting: The objective may be defined, as being the market leader by the next financial year. This is calculated in terms of business target. Mostly it’s an increase in the market share through either takeovers or increase in the production. This configures the goal setting for each function. HR functions for such a growing firm would strategise to designate responsibilities, to facilitate the expansion.
  • Budget Allocation: The sum total of the spending is divided into investment in terms of benefits and other operational expenses. Compensation is identified as the value returns on the services received from the talents. This is chiefly governed by the business requirement such as higher spending on research, leading to planning for larger markets share, amid higher supply chain. The HR budge would impact with an alignment to the market is weighed to offer a competitive compensation.
  • Leadership alignment: The backbone of the success to planning lies in the hands that delivers it. The leadership team designated to set the strategy and prepare budget are accountable for the business units.  The talent planning may be chaired by a CHRO , however the insinuations are contributed by the business leaders. Communication overarching the environment balances the transparency, strengthening trust.

Balancing Act

Judging a situation with logical findings would require a non-attached discernment. In our member’s case, different implications from three dimensions as discussed had lead to the dissonance. The disbursement of the hike matched the top-down judgement, but missed on the discernment.

Future of work
Future of Work
  • Individual perception of performance and result: A contribution by an employee is valued. It results with rewards when they were aligned to the organizational goals. Dashboards and performance scorecards actualise with grades for each contribution, to ensure the alignment. However, the gap of expectations widen when the employee in question weighs every contribution for a material reward. A pat on the back received for managing an expert escalation would culminate to incentive, if that escalation results with client retention and revenue returns. The excellence of the employee would be best utilized by an higher level responsibility, when appropriate.
  • Communication: The guidance to an employee reverberates intently, with the shared views and thoughts from it leader with appropriate feedback. Transparency calls for its price. It pushes the leadership to share the confidential often sensitive information. This rings the choice to jump the boat or follow the captain.

Pen-ultimately, the priorities of choosing and aligning will glue the individual to the entity. Solution to the decision maker remains in acknowledging the human concerns with judicial treatment through strategies and communication. Employee championship is intertwined with business partnering through change management and administrative expertise.

If you have any HR Query or any query on Future of Work, Employee Engagement, Talent management, Women Empowerment, Retention or Business Strategy please write to me in here. Looking forward to learn more while finding solutions for you.

Nabomita is the Founder to Nabomita.com. She is the Top 100 Women Achiever Awardee, awarded by Government of India , TEDx Speaker, Quoted on ForbesUS, one of the Top 20 HR Influencer in Social Media as declared by SHRM India and one among the Top 100 Technology Influencer in India. Connect with her on @nabomita_smiles , Facebook Page and Google+

This article have been published on Business manager , October issue 2015. This issue covers different areas of Strategic Management.

Being an Entrepreneur

Have you ever build a company entirely on your own, right from the scratch ? Does your story includes restarting , yet carrying your strengths from one venture to another?

When you look back at your journey, do you too find the dots connecting? Yes, you have a long way to go and that’s what the dots are guiding you to?

How were you as a child and how did that shape you? Were you an extrovert or an introvert? Will, I guess I was an ambivert and still remain so! Did the small incidences from your life shape your behaviour, choices and your life?

Did your lows and highs have a similar story that can match many around you? If you have taken the road less travelled, did it feel different or obvious for you?

If you had to summarise in three points what would it be? For me, its

  1. Curiosity
  2. Being ever-amazed
  3. Hard work, of course !

I was honoured to have been invited by Sampath Iyengar, Chief Visibility Officer at The Indian Networker, talking about who I am, my journey as a professional and few lessons that I picked on the way.

It was great fun as Sam kept asking witty question I was least expecting, putting me to my wit’s end!

21728910_3078302942207314_1357883451787271917_o

Interestingly few areas of my life that probably even I ignored, came up while talking to Sam. I must add, loved reflecting, in such a witty and a joyous way!

Let me know if your story sounds similar ! I am waiting to hear that.

Raise a cause !

Do you wish to be heard on issues that are close to your heart ? How about raising a cause to the highest authority in your country? Ministry of Women and Child Development invites you to be an Agent of Change and raise a cause. Wondering how would this work? Here’s more on this :

Union Minister Smt. Maneka Sanjay Gandhi has been the using the power of Social Media to reach out to citizens, both to resolve the issues related to women & children as well as to get new ideas from them as to how to make lives of women & children better. In its latest citizen-driven campaign, Ministry of Women & Child Development, has solicited volunteers to raise ‘causes’, which they want the Government to take up.
Citizens are invited to be Change Makers in promoting the interests of Women and Children in India. Let’s unlock the unique power of social crusaders among the people of India.
Ministry will collate the issues raised by people over a month-long Social Media Campaign. All the causes will then be screened by an expert panel comprising the concerned stakeholders and the Union Minister herself. The selected issues will be taken up by the Ministry of Women & Child Development to be addressed at policy level. Not only this, the ‘Top Agents of Change’ will also be duly acknowledged and rewarded by the Ministry.
The campaign can be followed on Facebook & Twitter of @MinistryWCD under the hashtag #WCDAgentsofChange. How to Raise a Cause?
1. Follow us on Facebook & Twitter at @MinistryWCD
2. Look for our Daily #WCDAgentsofChange Post on Facebook/Twitter
3. Post an issue that you want to raise in Comments/Reply on the #WCDAgentsofChange Post on Facebook/Twitter
4. If you want to post a lengthy matter, send an email at wcdagentsofchange@gmail.com
So what are you waiting for ? Join the discussion in here