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The top B-school in India - SOIL Institute of Management throws light on the key qualities of a successful HR manager.
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KEY QUALITIES OF SUCCESSFUL HR MANAGER SOIL Institute of Management
KEY QUALITIES OF SUCCESSFUL HR MANAGER Table of Contents • Transcending Traditions • Best Practices • Strong Ethics • Communication Skills • Humanity • Collaborations • The SOIL Experience • FAQs SOIL Institute of Management
KEY QUALITIES OF SUCCESSFUL HR MANAGER SOIL Institute of Management
KEY QUALITIES OF SUCCESSFUL HR MANAGER Most youngsters view the MBA as the gateway to a consulting, marketing, or investment banking career. The lure of the megabucks influences these career choices and a career in Human Resources (HR) can sometimes take a back seat. The popular perception is that HR is a socially oriented role with little or no challenge for the management practitioner. The truth is far from this. HR offers a compelling and competitive scenario for professionals as businesses look to harness and manage workforce talent, key to their long-term strategic vision of success. Things are, thus, changing as the HR function evolves from the traditional roles of compensation and conflict management to one that looks at “human capital” and the management of intangibles. SOIL Institute of Management
KEY QUALITIES OF SUCCESSFUL HR MANAGER The HR professional is now an integral part of the organizational business strategy and has a respected voice in top management decision-making. The new breed of HR professionals, who understand not only the talent-management processes but also strategy and business models, are the need of the hour. The transformed function of human resource management requires professionals to have a composite picture of how organizations operate and an understanding of the relationship between HR strategy, business strategy, and leadership skills required to run an organization. The huge cost of finding and hiring talented manpower, and the large notional cost of unrealized productivity due to a disengaged workforce, are stark realities that face businesses. As the stakes become higher, the notion of HR undergoing a transformative change to become a strategic function is a reality. SOIL Institute of Management
KEY QUALITIES OF SUCCESSFUL HR MANAGER Summary – The truth is far from popular perception is that HR is a socially oriented role with little or no challenge for the management practitioner. As the stakes become higher, the notion of HR undergoing a transformative change to become a strategic function is a reality. SOIL Institute of Management
Going Beyond Traditional Notions A worker possesses different characteristics in various work situations and as such is both a social and economic entity. Thus the management of human resources requires a grounding in both economics and the behavioral sciences. To be effective in human resources management requires the professional to possess a combination of views and strengths in the management of organizations and industrial relations. Watch Complete Video here SOIL Institute of Management
Going Beyond Traditional Notions The combination of fields goes beyond the traditional definition of the human resource function. A successful HR manager has a grounding in management theory, social sciences, political science, and comparative political economy. He or she should have awareness of economic and institutional trends across the business landscape, factors that affect economic and organizational performance, and trends in job quality, and employment relations. Success is often dependent on imbibed and realized innate skills. Before we go ahead, let us take a look at some of the qualities that can define a successful HR manager. SOIL Institute of Management
Going Beyond Traditional Notions Knowledge of HR best practices – The HR manager should have a thorough understanding of functions such as Recruitment, Training, and Development, Compensation Management (including Employee Benefits and incentives), Performance Management, Compliance, workplace Safety, Career Management, etc. Besides, he or she should be willing to show a keen awareness and willingness to stay updated with the latest trends in the field. Strong Ethics and Honesty – Since the HR Manager acts as a conduit between various internal stakeholders of the organization, an ethical approach is a prerequisite. HR managers must be trustworthy and show integrity in handling sensitive information. This will help them earn the trust of both employees and management, and create a strong bonding for success. SOIL Institute of Management
Going Beyond Traditional Notions • Communication and presentation skills – Interacting with a diverse set of stakeholders including management, staff, and job aspirants require the HR Manager to be a good communicator. Whether interviewing applicants, working on conflict resolution, interacting with management, or discussing new policies and procedures with the workers, requires communication skills. Good listening skills are also an important part of communication. Since HR Managers are the interface between the employees and management, listening skills are important faor HR managers to avoid miscommunication and misunderstanding. Besides, presentation skills engage audiences on both sides and help positively deliver the message to all stakeholders. 03. SOIL Institute of Management
Going Beyond Traditional Notions A Humane Approach – Organizations in the past have traditionally viewed employees as resources rather than human beings. A skillful HR Manager should look to embalming the philosophy that “Humane Resources”. Effective HR skills require looking out for the physiological and psychological needs of the people in the organization and taking a kind and understanding approach to handling situations. A human-centric approach goes a long way in winning hearts and minds and will ensure sustained organizational success and earn trust, respect, and rewards for the HR Manager. 04. SOIL Institute of Management
Going Beyond Traditional Notions Collaboration skills – Organizations can flourish if they encourage their employees to forge strong bonds and create successful collaborations. The prevailing paradigm is witnessing a shift from cutthroat competition and toward collaboration. There is an urgent need for collaboration and collaborative teams to get work done. Organizations are looking to create a culture of respect, trust, and tolerance for divergent opinions. This motivates employees to find the best solution and fosters inclusivity of ideas and a sense of belongingness. HR managers should be able to collaborate and work with the HR team, senior managers, executives and other employees by being open to suggestions and questions. By appreciating perspectives, HR managers can lead policy initiatives that are fair, inclusive, and valuable. 05. SOIL Institute of Management
Going Beyond Traditional Notions Summary – To be effective in human resources management requires the professional to possess a combination of strengths mentioned above, in the management of organizations and industrial relations. SOIL Institute of Management
HR Skills – The SOIL Experience Imbibing the key traits of a successful HR manager requires a deeper understanding of the discipline, one that goes beyond conventional functional learning. In addition to core HR principles, professionals need exposure to the full spectrum of human capital management concepts, including talent acquisition and retention, employee motivation, change management, and organizational culture. Students should be aware of key HR practices, including talent management, rewards, performance management, training and development, and employee relations. Finally, they should be exposed to the key soft skills that are assuming increasing importance to HR like diversity, empathy, inclusion, principled leadership, and corporate social responsibility. SOIL Institute of Management
HR Skills – The SOIL Experience Effective HR managers succeed when they can identify and harness the differences among people, challenging them to excel in their way. This requires a confluence of leadership skills with functional management. SOIL Institute of Management’s PGPM one-year MBA in HR focuses on developing HR Leaders with a global perspective who are equipped to handle the workload of an HR professional across industries, geographies,, and varied situations. The key component of the SOIL’s one-year MBA in Human Resources allows one to develop a high level of self-awareness and recognition of leadership style. The curriculum and program components are designed to ensure that learning is not a passive experience. Students engage, question, research, iterate, and strategize business and HR concepts into realization. SOIL Institute of Management
HR Skills – The SOIL Experience A decorated HR pioneer and a recognized thought leader in Human Resources, Anil Sachdev founded the SOIL Institute of Management and maintains a healthy relationship with the top practitioners and leaders of India in the HR domain. SOIL’s one-year MBA in HR management presents an opportunity to explore the critical areas of human resources with knowledge and understanding of the key functions of management and business. Summary – Imbibing the key traits of a successful HR manager requires a deeper understanding of the discipline, one that goes beyond conventional functional learning. SOIL Institute of Management’s PGPM one-year MBA in HR focuses on developing HR Leaders with a global perspective, equipped to handle the workload of the profession across industries, and varied situations. SOIL Institute of Management