A key success factor for any organization is a strong and competent human resource department that understands its roles and responsibilities and has the strategic capabilities to support senior leaders in hiring, developing, and rewarding the right mindset, behaviors, and skills throughout the organization.
Behaviors and skills need to be continuously updated and developed; shifting the focus from managing human resources to managing human potential and guaranteeing employability
Organizations and jobs are constantly evolving, and fortunately humans are highly adaptive. This explains why such concepts as lifelong learning and employability are keystones of resilient organizations and societies. The building blocks of any modern organization must therefore be competency-based management, where people are not only recruited based on their current skill set, but primarily based on their growth mindset and future skill development potential.
The right learning and development and performance management practices can enable continuous improvement and change at the individual, team, and organizational level
Organizations cannot promise jobs for life; however, they can ensure employees maintain useful skills for future employability. Indeed, social responsibility means giving people from divers backgrounds the opportunity to learn, grow, and contribute. An effective performance management system that ensures regular and useful feedback, and an appropriate learning and development policy that facilitate growth, are the heart of human potential management.
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