Human Resources as a Strategic Business Partner Mile High Adventure – Ascend the HR Summit Mile High SHRM Chapter 2015 HR Conference Amy Shoemaker, Founder January 23, 2015 Invitation to Executive Suite Tell me What I CAN do! Bring Solutions, not Problems Help me Grow the Business What can you Stop Doing? What can you do at A, B, C level? Discussion: If you received this feedback, how would you respond? Competencies to Get Invitation Acumen: Business Financial Strategic Influence Visibility Trust Relationship Management Succession Planning Business Case Turnover - most costly drain on bottom line 60% leave when economy improves 45% job satisfaction 72% leave, not recognized Saratoga Institute Survey Impact on Business of HR Support Employee and Business Results Increase Profit Revenue Retention Performance 0 5 10 15 Corporate Executive Board, Leadership Council 20 25 30 Effectiveness of HR Strategic Partnership Corporate Executive Board HR Neutral HR Ineffective HR Effective Mgr Effective 0 10 20 30 17,000 managers; 3,700 HR Professionals 40 50 60 70 80 Competencies to Get Invitation – Business Drivers Acumen: Business Financial Strategic Influence Visibility Trust Relationship Management Succession Planning Language of Board Room Industry Data and Market Trends Organization Lifestyle - Compensation Start Up – lower salary & % of business; tech High Growth – pay above market for talent; RSB unknown to #2 market share in 2 years Stable – at market or slightly below; manufacturing Decline – lower salary and merit increases to avoid reduction in force; newspaper Competencies to Get Invitation Business Leaders Come for Advise Prior to Action Valuable Ideas and Solutions Acumen: Business Financial Strategic Challenge Status Quo Influence Visibility Trust Relationship Management Succession Planning MBWA Change Competencies to Get Invitation HR Department Brand Meeting before the Meeting Acumen: Business Financial Strategic Influence Visibility Trust Future Talent Support Your Idea Neutral Against Your Idea Relationship Management Succession Planning Human Resource Department Brand Share with 3-4 participants: What is your Human Resource Department’s Brand or Reputation? • What are your Strengths and Opportunities? What impact does your organization needs have on your HR Department priorities? What would you like your brand to be? How do you close any gaps? Competencies to Get Invitation Acumen: Business Financial Strategic Questions to Ponder: 2 ideas that came to you 1 thing you will try as a result Influence Visibility Trust Relationship Management Succession Planning HR as a Strategic Business Partner Amy L Shoemaker, PHR, EMBA, Certified Master Coach President and Owner Amy Shoemaker Partnerships, LLC amy@shoemakerpartnerships.com Website: www.shoemakerpartnerships.com Phone: 303-993-2364