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I believe that to tackle unprecedented talent shortages, traditional strategies alone won't cut it. The key lies in equity and inclusivity. They are not just moral imperatives; they make business sense too. In my latest Forbes column, I discuss how ingraining equity into business practices can directly address the need for finding and retaining the best talent. Here’s a quick look at four key ingredients for making equity a business success: 💡 Mindset of flexibility 💵 Equitable pay and transparency 👐 Inclusive hiring practices 💪 Empowering Business Resource Groups (BRGs) For the full story, check out my piece here: https://lnkd.in/d7WVfF2M I’d love to hear your thoughts on how we can further integrate these practices into our daily business operations! Let me know in the comments 👇

What I revisited this week: CHANGE As a Consultant, I've led companies large and small through significant HR changes. This journey goes beyond routine adjustments, requiring thoughtful leadership from both Executives and team members. But can we REALLY be thoughtful in today's world of work? Being thoughtful at work involves removing biases, and demonstrating consideration, empathy, and conscientiousness in your interactions and decision-making. It goes beyond simply completing tasks and includes a mindful approach to how your actions impact others and the overall work environment. Throughout my experience, I've always found that the most successful outcomes are very practical: 🌊 Limited waves. We want smooth transitions. No news is good news. 📞 Open lines of communication. When teams are burnt out, it shows. This is when you have to remind everyone that no question is a dumb question. The more you serve, the more they adopt. 💻 Systems and processes. There have to be effective systems, processes, and ways to measure success/outcomes. What is the ROI? And in today's world of work, ROI includes finding ways to measure both tangible and intangible results. True change creates a workplace where everyone's perspective is valued and organizational efficiencies are maximized. Are you having a hard time making true change in your organization? Let's talk: https://lnkd.in/gefSz7jv #humanresources #hrconsulting #hrtransformation #changemanagement #femaleceos #femaleceo #femalefounders

In the intensely competitive business landscape of today, an organization's long-term success and growth are inextricably linked to its ability to attract, nurture, and retain top-tier #talent. https://lnkd.in/gQerX6zx

Curiosity is a super power in HR. Fact. In the old days, we would look to what the people before has had done, make it a little better and be done with it. Now heart-led HR leaders are tearing up the rule book, reinventing all People processes and setting their imaginations free. At the heart of that is listening, learning and being open to growth, just like Merita Ramadani shares here. ✳️ Ps. This is a clip from my recent interview series with phenomenal women in HR, Women Who Lead. If you're in HR, follow me (Ruth Penfold-Brown) for more videos like this ✨

We've heard enough about managers being one of the top reasons for an employee to quit. However, they are imperative for employees to stick around and succeed. inFeedo's people-science backed report on middle managers sheds light on how organizations can empower their middle managers for a future-proof and successful business. My favourite insights from the report: 👩 Female managers are less likely to have longer tenured employees as reportees, setting them up for slower progress in comparison to male managers 🌱 Gen Z managers need extra love & care. They are more disengaged and this is impacting their teams as well (25+ difference in engagement score between highly engaged vs disengaged employees reporting to Gen Z managers 🤯 ) 🙋♀️ Managers overseeing individual contributors report more disengagement than those managing other managers (is a wider span & larger role responsibilities the answer to engagement?) Looking forward to hearing your thoughts and experiences on empowering middle managers in the comments below! Let's continue this conversation and drive positive change together. Download the report here - https://bit.ly/3V4ZkN9

➡️Inclusivity is not just a moral commitment; it's a strategic driver of organizational success in a globalized landscape. A diverse and inclusive workforce enhances creativity, innovation, and problem-solving. 🔹Organizations that prioritize inclusivity are better equipped to navigate the complexities of the global marketplace, fostering an environment where employees feel valued, empowered, and motivated. 👉As organizations navigate the global talent landscape, embracing inclusivity becomes a strategic imperative. Beyond recruitment numbers, inclusivity is the key to attracting and retaining top-tier talent. ✅ By implementing thoughtful strategies that consider cultural nuances and foster a deep sense of belonging, organizations can position themselves for success in the diverse and interconnected world of global talent acquisition.

Some interesting insights as our team announces the launch of the Global CHRO Turnover Index with the Q2 2024 Report. This comprehensive report offers valuable insights into the trends and dynamics of CHRO / CPO turnover within the global landscape of public companies. Here are two key highlights from the report:   * CHRO turnover declined in Q2 2024: The report indicates a stabilization in CHRO turnover, with only 39 global public company CHROs stepping down in Q2 2024, down from 50 in Q2 2023. This trend suggests that organizations are prioritizing continuity and retention of their CHROs amid market volatility and talent shortages.   * Gender diversity among CHROs at the largest scale companies is increasing: In Q2 2024, out of the 25 CHROs appointed, 14 were women, marking the highest percentage of women CHROs since 2022. While gender diversity has improved across most indexes, there remains a need to achieve true gender balance, particularly in the Nikkei 225 and Nifty 50 indexes. To gain deeper insights and analysis, we encourage you to review the complete report. It delves into aspects such as internal CHRO appointments, the decline in first-time CHROs, and the growing preference for experienced leadership in navigating complex challenges.

There are many elements that make a business successful, but many would argue that the key to that success lies in the strategy on which the day-to-day practices are based. Those practices are all undertaken by employees, so although something that is often left to chance, a strong talent strategy is surely a building block that shouldn't be overlooked. At its most basic, it should address why and how an organisation must attract, develop and retain talent, but a truly effective strategy will be expanded to include empowerment and experience while improving diversity and inclusion. Learn more here: https://bit.ly/4aBQyvt #Invenias #TalentStrategy

Retaining talented employees isn't just about keeping skills in-house; it's about fostering a culture of growth, loyalty, and innovation. When top talent stays, they become the driving force behind a company's success, shaping its future and amplifying its impact. #EmployeeRetention #TalentManagement

  🌟 Reflecting on an insightful discussion at the 3rd CHRO Confex & Awards 2024! 🌟   Honored to have been part of a dynamic panel exploring "The Future of Talent Acquisition: Innovative Strategies for Finding and Retaining Top Talent." Engaging with like-minded HR leaders sparked crucial conversations on the pivotal role of diversity, equity, and inclusion in talent acquisition.   Together, we delved into how employers can attract top young talent by building a work environment that prioritizes flexibility, recognition, inclusivity, and openness. We also spoke about the importance of leaders taking ownership and driving diversity, equity, and inclusivity in the workplace. None of these are easy to do nor something that comes naturally to many organizations, hence, we, as leaders, need to make a conscious effort to build these into the core of our work culture.    As HR leaders, fostering a diverse, inclusive, and equitable workforce is not just a priority anymore — it should be our mission. This conference served as an invaluable platform to exchange ideas and insights, driving us closer to our goal of nurturing talent and building a workforce that is future ready.   Let's continue the dialogue and action towards a brighter, more inclusive future for all!   #TalentAcquisition #DiversityandInclusion #Equity #CHROConfex2024 #BuildingFutureReadyTeam 💼🌍