Today’s business world is operating in a highly dynamic and fast-paced environment called the VUCA World. The acronym stands for volatility, uncertainty, complexity, and ambiguity. This complex flux can be attributed to geographic, demographic, economic, political, technological, and many other paradigm shifts happening across various industries.
We at Culturelligence are focused on introducing agility at the root level. This progressive change in HR occurs when agile practices are being implemented in the HR functional areas.
Agile Solutions In HR Functional Areas
From Recruitment To Agile Talent Acquisition
Traditional recruitment and hiring practices are becoming strategic, proactive, and agile. Companies are adopting Agile HR practices to improve their recruitment function. Agile talent acquisition requires the teams to prioritize requisitions, use growth-hacking techniques to source and assess talent, use visual boards to foster transparency, operate as collaborative partners and participate in retrospectives for continuous improvement.
From Performance Appraisal Management To Iterative Performance Feedback
Agile performance management makes it much easier and more comfortable for managers and team members to recognize career development opportunities that benefit both individual and corporate goals. Many companies adopt agile methodologies in managing their projects – shorter project cycles and multiple managers. Hence, annual performance appraisal management is no longer relevant, and companies need to adopt an ongoing and iterative performance feedback cycle.
From Traditional Learning & Development To Learning Sprints & Micro learning
When Agile HR is a goal for the future, one benefit for employees is that they can master skills or concepts via Microlearning. Learning & Development (L&D) is becoming agile and learning in sprints is becoming the norm. Curated content, online/video learning, design thinking principles, and data analytics foster learning agility.
From Conventional Standardized Rewards To Agile & Personalized Rewards
Deloitte Human Capital Trends Report 2018 highlights the importance of transitioning from conventional standardized rewards to a more personalized and agile reward. According to research by Globoforce, "employees who receive regular small rewards are eight (8) times more engaged than employees who receive annual raises."