The video lecture by David Ulrich on The Future of HR illustrates HR's journey since inception to the current status and the future trends. Ulrich explains that HR evolved in thinking, from focusing on the administrative systems of work to HR practices and the recent decade involving HR practices linking to strategy. The clip suggests the next step in HR is to explore the external environment, whereby strategy becomes a window of connecting improved job performance due to consideration of external parties like the customers, investors, and government agencies. The net effect involves HR becoming a lever to external factors.
Ulrich's important topics include creating value, considering stakeholders being served, and leadership. The first topic regards HR focusing on creating value more than an activity that essentially brings positive outcomes of quantity and quantity. Value creation ensures improved operations. The second concept regards connecting strategies to stakeholders in and outside of a company. The last concept regards building outstanding leadership from the top transcending to different units within the company. Good guidance by leadership meets internal and external needs for improved operations. The three concepts communicate HR's future to linking strategy to external forces for improved job performance.
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The three concepts are highly significant, given they entail intrinsic elements that would ensure improved HR systems. Firstly, focusing on creating value leads to going beyond delivery on quantity resulting in attaching quality. Value creation shows consideration for other essential factors apart from the basic components of high returns, including ethical and environmental considerations accompanied by corporate social responsibility. Value creation thereby triggers a positive ripple effect involving sustainability and meeting employees' and customers' needs, among other agents (Snell et al., 2017).
Secondly, considering stakeholders facilitates having a strategic plan that meets the wants and needs of internal and external forces who associate with a business operation; this brings an ideal vision and mission that acts as a framework for aligning operations. Lastly, improving leadership to excellent status is integral to any business operation given the leaders' significant role as the integrator of talent and the proper organization. Having exemplary leadership improves job performance and establishment success (Al-Hussami et al., 2018). Therefore, the three salient concepts are highly significant in improving HR systems and, by extension, organization performance.
References
Al-Hussami, M. et al. (2018). The influence of leadership behavior, organizational commitment, organizational support, subjective career success on organizational readiness for change in healthcare organizations. Leadership in Health Services .
Snell, S. et al. (2015). Managing Human Resources. Cengage Learning; 17th edition , 736 pages.
We Are Hexa. (2016). “Dr. Dave Ulrich - The Future of HR.” YouTube , https://www.youtube.com/watch?v=57PmDk73u7I
