DOES A CHIEF HUMAN RESOURCES OFFICER COMMITS THESE FIVE MANAGEMENT MISTAKES?
It is often said that “Customer is God”. However, in the eyes of managers, their employees are their true God. Accordingly, employees should be put first in order that customers may get the opportunities to become god!
“Employees are the most valuable assets of a company”. Every business knows this quote by heart, but few of them think the opposite: While every company has their own “the most valuable assets”,whyare some companies strong but the others weak,and some companies sustainable but the othersdifficult and unlucky?
There is no doubt that human resources is the central story of every business of all time! In particular, in an era of variations, changes and sprawl like the current crisis, this story has to be told, reviewed and even rewritten so that each business can quickly escape the “misfortune”of crisis and soon enter the “prosperity”.
And the main character of the human resource story in every business is Chief Human Resources Officer (referred to as “CHRO” or CPO – Chief People Officer).
CHRO is not only a “position”, a very high position in the company, but also a “career”, a professional “career” in societythat requires a methodical and systematic training for success.
In the trend of continuous development around the world today, if Vietnam wants to keep up with this trend, the role of a CHROshouldbe recognized positively. The pivotal point of the specialization of a CHRO directly affects the survival and sustainable development of a business. Nevertheless, how many of the currentCHROs understand this? How many percentages of CHROstruly know their role to make decisions and actsappropriate with this understanding?
It’s so simple. Anyone who used to act, or is acting, as a CHRO see if you have committed these 5 management mistakes:
– Fail to involve in the strategy development (Fail to know thatthe involvement of a CHRO is required, or not permitted to involve indue to obtaining no trust from the executive);
– Neither understand exactly nor able to deploy the linkage between strategy formulation & implementation and the human resource management system;
– Fail to build a thorough corporate culture, fail to create the business’ own identity;
– Develop human resourcepromotionpolicies with notogetherness as well asfailure to really promote the learning & development along with the business’ development;
– Always busy with dozens of job affairs (Due to failing tofulfill the 4 main tasks above).
Once the majority of Vietnamese CHROs do not commit these 5 management mistakes, their businesses will surely grow rapidly, Vietnamese workers will earn high incomes, and our country will develop.
In order for Vietnam to integrate into the development trend of the world, Vietnamese workers to enjoy the most benefits from such integration, minimizing their anxieties and disorientation of jobs, a methodical and professional orientation is essential. With the mission of “Human development, business development, country development”, Balance experts,who have held the positions of Chief Executive Officer, Chief Strategy Officer, and Chief Human Resources Officer,have developed the FIRST career selection and practice tool in Vietnam to help the CHROs get the most standard practice tool for themselves, and also apply in their businesses for recruitment, training, and development oftheir employees.
For the first time in Vietnam, there is a professional capacity assessment tool, which helps businesses to have specific tools to filter candidates effectively, minimizing the candidates’ self-presentation of their ability to solve the jobs, which takes time to filter and read job applications, filter interviews, etc.
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More specifically, in the book You Are a Millionaire – Career Selection and Practice Tool – a system of KPIs (Key Performance Indicator) for the functional departments are defined in a specific and exact way with the focus on performance of each positions in the business.
In order to play a part in the strong breakthrough of Vietnam’s development, the synergies of stakeholders are necessary, in which the CHRO plays a very important role, and obviously Balance has done the same with specific actions, including the career selection and practice tool, methodicalcapacity assessment tool, the KPIs, and so on. Anyone with a need for capacity assessment can try it or just has to pay a very basic fee – Because this is an action contributing to the development of Vietnam.
Shares of the author of the book You Are a Millionaire – Career Selection and Practice Tool – Ms. Huynh Thi Thu Hang, who is also a Consultant in Business Administration, Strategic Management, and Human Resource Management of well-known corporations and businesses such as ABBANK, XLE, SAIGONHEAT, MEDSON, SFC, BKC, VIETUC, Hoang Duc, etc. and some Universities and Colleges.
Source: Human Resource Management System (Balance Training & Consulting Co., Ltd)
