In these challenging times how can HR step forward and add strategic business value around the Board Room table?
The one constant in all business organisations is change – and much of it currently is strategic. It may be identifying and implementing cost savings, a merger or acquisition project, turning around a failing business unit, exploiting new markets or other customer related projects. Whilst this all can make good business sense it will involve much time and effort to move such change related projects forward quickly and effectively. Often the HR function is only expected to contribute operationally with people related issues arising from such strategic projects, such as redundancy or re-training.
The business challenge for most Executive teams is how to move forwards with the strategic change initiatives without the existing management team taking their eye off the day to day business challenges and objectives.
Here is a perfect opportunity for HR to add measurable value to the strategic change agenda, by proposing the hiring of an Interim Executive(s) to project manage some / all of the significant change related projects.
The Corpex Group has c. 1000 dedicated and talented Interim Executives who can lead and deliver projects including:
• Turning around a failing business unit / troubleshooting
• Identifying and delivering cost savings
• Preparing a business for sale, merger, acquisition or takeover
• Identifying and opening up new markets
Interim Executives are a cost effective and flexible strategic resource, and increasingly organisations are recognising the benefits of deploying their skills and expertise including:
• Importing and hiring experience quickly
• Project delivery and outcome focused, so the Interim Executive is not distracted by corporate politics etc
• Hands-on with full responsibility, recommends and implements based upon practical and proven experience
• Will coach, mentor and share wisdom with your existing staff