Mergers, HR and Social Technologies

Image

We are heading into another era of M&A activity.  Just look at all the Big Data companies fighting for market share.  For me, feels like Déjà vu from the 1990s and I hear the Pac man chomping up those little fruits, ahem, I mean companies now.

So the question I’m asking myself is, “How many of your People organizations are leveraging the insights from their tools?  How many are taking the talent analytics, performance data and collaboration metrics?”

According to Talent Management Magazine, “Successful companies begin by recognizing that people-related decisions present the most difficult variables in almost any transaction and pose the greatest risks, such as turnover up to 60 percent, or lingering cultural issues that cripple productivity. They beat the odds by carefully managing human capital to transform two groups of people into one functioning company.”

I’ve seen some progressive organizations taking the data from their enterprise systems to help them identify hi potential talent, which is laudable.  Why not take it a step further and allow these same individuals the opportunity to innovate on the merger and acquisition.  It becomes more about mentorship and learning than it is transactional.  Yes, there are financial and transactional tasks that need to be completed, of course.  But with all the human capital work streams and risk, why not invite new thinking to the process versus hiring an external consulting firm for all roles relating to the acquisition?  Fresh approaches can feel risky, but they could also reap big rewards. 

At a minimum, we can find ways to incorporate employees with strong relationships to help request feedback and spread information throughout an organization. 

Talent Mobility Summer Checklist

Read the Signs

I recently experienced a massive failure in a global talent mobility program. How can this be true you ask when we live in a world where great talent is critical to business success?  Because we get comfortable.  Which is why I encourage fellow talent professionals to consider adding a review of your talent mobility program to your summer checklist?

Often we put away our winter clothes and pull out summer clothes this time of year.  Which is why we absolutely should take the time to pull out all the vendors in our ecosystem to review them as we would our summer wardrobes? 

Ask ourselves the difficult questions: 

Do they still fit my talent acquisition objectives

Are they current with the times? 

Do they allow me to realize goals?    

I know, I know.  You are thinking, oh no, I’ve invested countless hours to establish these relationships, these rates and the overwhelming task of re-establishing them sounds daunting.  Don’t fear.  It may not be necessary to re-establish vendors.  In many cases, it may just require re-negotiations or real time adjustments and feedback sessions that are in alignment with your talent management programs. 

Talent Mobility Checklist

  1. Review quantitative surveys from past 12-18 months from vendors
  2. Review qualitative data
  3. Check in with current mobility clients and ask them about from past 12-18 months from vendors
  4. Reach out to employees who have left the organization in the past 6 months who had mobility packages and interview them yourself or a trusted delegate
  5. Call your mobility coordinators yourself to assess if they pick up the phone and/or how long they take to respond back to you? their experiences to better understand any areas they have opportunities for process or vendor refinement
  6. Review the approach your vendors are taking with issues and their resolution
  7. Check in with spouses or domestic partners of a cohort of recent mobility clients to gather spousal feedback on the programs
  8. Look at industry data and compare against your programs to assess gaps and/or opportunity areas
  9. Review financials with your vendors for the past few years to bench against industry rates to ensure you are in alignment and/or where you see opportunities
  10. Test out a mobility experience yourself from start to finish to live the entire experience as if you were your own talent

Change Management, a required work stream in Social Business

The Fremont Troll
The Fremont Troll
Break through results can only be realized in Communities if your social business strategy approach includes this work stream. Often the time and resources needed to do this right are overlooked or perhaps simply nebulous because we have to deliver on today’s results. It is so hard to insert the argument if your company views the effort as another tool rollout. So, just a few thoughts this morning around key activities in the change management work stream:

1. Do engage with HR to create the conditions or the environment for your program or organization to achieve results. Call it culture change or innovation – but do engage with HR.

2. Share key industry research, white papers or blogs with leadership over time so that they can learn from their peers outside of your organization.

3. Do what your mother told you when you were young – LEAD BY EXAMPLE. Requires a lot of effort, but do work across the organization and departments to encourage cross pollination.

4. Document, post, comment and work out loud in an open forum so that anyone in the organization can find your work at their moment of need. Yes, work out loud.

5. Invite, extend, flex and don’t let the trolls get you down.

As leaders of change programs, we must be continuous learners ourselves. What this means is that we should always ask for feedback, modify, pivot and adjust and adapt along the way. We extend invitations for new conversations and possibilities along the way, while making sure we don’t let any turkeys get us down. Most importantly, work across the organization with your approach so that this new social business program encompasses people, process and technology. If you hire vendors, encourage them to partner alongside the strategy, design, build and engagement work stream so that you can create the conditions that will allow you to realize the business objectives outlined as a part of your effort. And yes do consider thinking about Digital Disruption and Leapfrogging as concepts in your approaches.

People, Pull and the Possibilities

With all the new tools that foster serendipity and real time feedback, do we really need HR? 

It will be curious to see how HR organizations use their charter to further contour and shape cultures by partnering with functions within organizations.

I recently shared how I believe that if we in the field of “People” don’t invest more in acceleration versus deceleration in the field of HR, we will work ourselves right out of a job.

The purpose of organizations in some cultures is to connect them to their societies and physical communities.  This is more true today than ever with the powerful social networking tools sprouting up all over the HRIS ecosystem.  Which is why I am advocating HR becoming an accelerator and do hope that they will become an enabler versus something that is slow, behemoth and/or an engine that protects and creates more silos.

The danger is certainly real to use these tools to create more silos and inadvertantly focus less on people.

Recently I saw a demo of an HR vendor who told me they have ‘communities’ and when I asked several foundational questions about what the charter, purpose and cultivation plans?  The sales representative responded with a retort that took me back to the ole’ client/server days where the value was in the ‘push’ information.

Which is why I believethe time is now to think about the People, the PULL and Possibilities.  With the new social tools, we have an opportunity to harness the power of real time peer feedback and accountability all the while fostering candor, transparency and honesty.  If we empower people to be courageous, provide the with processes and tools along with a culture that embraces asking tough questions of one another and management, imagine where could we be?

Lastly, as someone who thinks about social learning and culture, I believe we have a a huge charter ahead of us, with  much work to do especially with the advent of texting and such with our youth.  We must not take our foot off the importance of in person communications that are foundational to healthy feedback, debate and sharing.

The time is now.  So let us POUNCE together!

Engaging HR in the community

Trying to get those HR ‘types’ to engage with your community program?  Feeling frustrated as they are always too busy with annual review, performance planning, executive meetings or leadership programs?  Tired of feeling left out if you don’t fit into those activities or timeframes?  I personally have worked with HR organizations that have traditional cycles that are like clockwork.  They are hard wired into their brains indeed.  It can feel hopeless if you need their connector or link to a formalized Employee Resource Group if you are launching, for example a Women in Leadership Network.  If they are too busy working on the Executive Bonus, don’t fret.  Here are some lessons learned that you may find helpful in your journey with HR.

1.)     Know the HR program calendar and cadence.  What I mean by this is that you ask someone in that organization directly that question or you infer this through the calendar and programmatic activities that you are aware they work on, such as annual holidays, compensation and benefits, end of year bonus, review and new leadership programs.  Just to name a few.

2.)    Clarify their KPI and CSFs.  It’s important to understand what key performance indicators and critical success factors are for their organization.    These will be important nuances and openings for you to align with in the future.

3.)    Build relationships.  If you have been at your company for a zillion years or just don’t respect HR.  Think again, they have a very tall order to get you paid, ensure you have benefits, incentive programs, training and a myriad of other areas in their portfolio.  They are actually way busier than you could ever imagine.  So, start to have empathy and look to understand all the facets of work they do.  For example, if you are in IT and love analytics.  Why not volunteer to attend one of their Lunch and Learns or IT meetings to help them define key data elements and challenges.  Perhaps you could simply ask someone in the department to lunch and ask questions about what keep them up at night.  Their top programs.  Listen and learn.

4.)    Ask questions.  Taking someone out to lunch is brilliant so that you can ask questions either you wonder about that may be tactical or strategic.  Either way, they generally are open to this and will either point you to a lunch or learn event, an open door event or perhaps another person better skilled to answer your query.  Don’t get frustrated, just keep opening doors.  Eventually you will get your answer and learn about your organizational culture and structure more intimately along the way.

5.)    Provide an Offer.  No we aren’t talking about making an offer on a house, what I mean is that after all your ‘listening’ to understand the breadth of their portfolio and challenges, you may hear they have a need to identify a way to get our a program message through an online community.  Now we are talking.  You could offer to either setup the community, be a core team member, leader or better yet, just a facilitator.  Perhaps you could even do the business analysis for a site migration.  Who knows, but there is likely a need for your passion and competencies for communities hitching up with HR.  It just may not be the linear path you originally envisioned.

6.)    Keep an open mind.  This is why it’s so important to suspend judgment and keep an open mind.  I know most of us in the community business are fast talking, fast paced balls of passion.  But there is purpose in stepping back to listen, learn, be strategic, let our minds wander, wait and offer with an eye to being open to new possibilities.  This will only happen if we sit quietly and wait.  Our timeframe may be urgent, but there are other organizations that are building blocks to running the larger business so we must stop and think about not pouring more sugar into the pot, but rather consider a slow teaspoon of sugar in the different batches we cook.

7.)    Show Empathy.  This is an absolute must in our field and is critical to social business as Bill Cripe outlines in this article.

8.)    Feedback.  The only way we evolve is to provide it in small doses.  Be thoughtful in presenting the feedback, consider using one of many feedback methodologies, but don’t settle on not sharing your input.  It’s just not worth it to NOT give it.  We don’t evolve if we don’t give it.

People ARE the experience

Secret Ingredient

In talking with Nancy Long, Chief HR Officer at Hitatchi Data Systems, One of FORTUNE’s “100 Best Companies to Work For recently, not only did I get goose bumps,  but found myself going on a journey with her.  Think global amusement park meets data solutions.  Wow, her inspiration is contagious and exhilarating.  Yet I also found it quite humble in that she has an earnest commitment to people as the base ingredient for her success in the people business.

As a foodie, I approach conversations thinking about the ‘secret sauce’.  What she shared with me was that over her career her secret ingredient is/are:  PEOPLE.  People are paramount for this tireless leader in the PEOPLE business who truly embodies this guiding principle.  Wow!  She is onto something to create recipes using PEOPLE in every dish.  She has talent at the forefront of the portfolio in her strategies and how she leads organizations who create winning cultures.  Nancy shared, “our leadership throughout HDS at all levels has done an amazing job rallying, supporting and motivating our people.  We have won several pieces of recognition, locally and globally.  Last year we won “most clued in leadership team in Silicon Valley” which was a HUGE accolade for us!

So how ‘secret’ is this ingredient I asked myself?  Well, after searching Google , I found over 12,590,000,000 results and over 6,839 results when searching Harvard Business Review .  The concept of people isn’t a secret. It’s the ‘art’ of creating the winning cultures that seem to be difficult to realize.  Nancy is like many great collaborative artists, she shares her masterpieces, she invites us to learn from her and receive sustenance we yearn for in the workplace.

In summary, I believe we can all learn from this extraordinary leader to embody the PEOPLE business in every sense of the word.  We must build people talent acquisition strategies that are created by the people, for the people and with the people.  We must use the P ingredient in all our creations, whether they are pastries, pipelines or partnerships.  Indeed this thrilling ride is something you can experience.  All it requires is laser focus on PEOPLE.