Competencies can also play a key role in this transformation and how you use these future competencies will impact your organization’s success in 2021 (and beyond).
2020 has certainly been a year for the record books. Few people could have truly predicted the effect of the COVID-19 pandemic on the business world. Yet, its impact has been felt by many. Your city knows it. Your employees know it. You know it.
We can’t change the past but we can prepare for the future. Your employees are one of the greatest assets to your organization but only if you can help refine them in a quality workforce. This requires quality leadership and vision.
This blog post will help highlight the future competencies that can positively impact your organization (through its HR department) in 2021.
In a hurry? Jump straight to your section of interest by clicking on a link (see below).
Article table of contents (jump to a section):
1. What are Future Competencies?
2. 4 Leadership Competencies Your Managers and Leaders Need In 2021
3. Why Visioning is The Most Important Competency for 2021i. Definition of Vision competency
ii. Example of Visioning Leadership in HR
iii. What You Need to Know about Implementing Change competency in HR
4. 4 Tips for Implementing Digital Transformation and Process Change in Your Organization
5. 3 Key Metrics to Measure Operational Efficiency in HR
6. 2 Critical Leadership competencies HR Professionals Need for Senior Leadership in HR
7. Next Steps
Future competencies are competencies which have been identified as critical to an organization’s future success (relative to the current competencies the organization has). This represents an aspirational perspective on how an organization uses its competencies and the results of applying these “future” competencies is usually seen months after its implementation.
On March 16 of this year, all HRSG employees were sent home to work remotely due to the COVID-19 pandemic. Our company was in a good situation because we were set up to work remotely and were accustomed to doing so.
In the first 5 weeks after this, I researched more about the experience of other leaders and I identified a critical question which every organization should ask itself: What are the most important competencies for leaders and managers?
Below are the 4 most important Leadership Competencies (in my opinion) that both leaders and managers need for success in 2021:
In a 2019 survey of CEOs and Senior HR people, KPMG cited critical challenges facing HR that need to be addressed. In fact, HR’s future is dependent on addressing these challenges and modernizing its approach or it will become irrelevant and obsolete.
What are some of these challenges?
Whether has to do with HR Strategists or Heads of Operations, applying the Vision competency (also known as Visioning) is more critical than ever to anticipate challenges of the future and determine how to address them.
Just look at the challenges the Pandemic has created. HR needs to step back, understand the impact of the pandemic on the business and how this is going to affect people. HR needs to think both short term and long term when creating a solid plan.
Take for example “Managing Remote Teams” – this need is not likely to go away as business realizes that employees may prefer to work remotely and the company could save money on real estate leases.
Vision - The ability to step back from one’s daily routine, explore ideas for the future, regard the facts from a distance and see them in a broader context or in the longer term.
Let me talk about one of my clients, who has done a brilliant job of demonstrating Visioning in their HR Leadership. This was a small organization of a few hundred employees operating in the public sector.
The Head of HR Operations was faced with a big challenge: How to address a shortage of leaders facing them in the next 3 years; this amidst a modernization agenda being implemented within the company.
The Head of HR could have done the easy thing…hire according to experience and promote the people perceived as the most talented. But she did something different. Her vision was to build future leaders to lead their transformation; leaders equipped with the competencies needed to drive change.
She recognized the need to build an internal pipeline of future leaders. Her strategy was to:
Three years later, the organization is changing, modernizing and has created much more value to its customers. This all started with Visioning.
This short video explains the basics when it comes to the Implementing Change competency and using it in your organization. Watch it to learn more.
Want to learn how to recognize & nurture leaders in your organization?
Fill out the form below to access our Competency-based Transformation Leadership Guide today!
Let’s look at the key HR leadership competencies that companies are looking for. I picked a few that are important to focus on as you develop in your career.
Vision and Strategic Thinking – Many HR people are in very operational roles like recruitment and training management that don’t allow for exposure to more strategic projects. Think of how you can volunteer for a project that involves change and longer-term planning. Maybe you can shadow someone in your organization who is involved in these kinds of projects.
Data Analytics – This is typically a weakness for HR that will become more and more important. You don’t need to become a data scientist, but there are some key skills and knowledge you should develop.
Focusing on the right competencies of the future can help position your organization’s workforce for success in 2021. This involves having the right leadership and vision in your HR department. That leader or manager would also need a plan to positively transform their current HR processes as well as upskill themselves.
Tap into the right competencies (especially the Visioning or Vision competency) and unlock the quality hidden in your workforce.
Have questions about competencies of the future?
Take a look at our recent webinar (December 8, 2020) titled "Using competencies to assess skills of the future". During this webinar, HRSG's Lorraine McKay and Emrah Eren were joined by Eric Shepherd, author of "Talent Transformation: Developing Today's Team for Tomorrow's World of Work," as they provided key insights -- and actionable tactics -- to help managers and HR professionals assess and empower their talent in the coming years.
Video Link: Watch This Webinar
Post last updated: November 12, 2020