HR is central to creating dynamic business teams

first_imgHR has a critical role to play in helping employers adapt to the rapidlychanging business environment, claimed Lloyds TSB chairman Maarten van denBergh at a seminar last week. Van den Bergh said that increasing globalisation, the decline in the stockmarket and the growth of Europe as an economic entity had irrevocably changedthe UK business climate. He explained it has created a younger generation ofself-confident, ambitious staff that are demanding challenging multi-companycareers on high remuneration. “HR can be a catalyst for change in enabling organisations to recruit,motivate and retain the best of this generation,” he said. It will alsoplay a central role in developing the leadership needed to run a dynamic modernbusiness, he added. Firms increasingly need a broad base of talent, he said. “If yourcompany is going for revenue growth, you need different people from those thatare trying to create cost efficiencies,” he said. At the Michael Page Human Resources Seminar, he warned against a consensusstyle of management. “If the board thinks the same, it will be bad newsfor the company. You need people who have imagination and vision for growth,and different, analytical skills for cost cutting. Diversity is an importantissue.” Effective training, mentoring and career review strategies are essential.”A major challenge for HR is keeping staff motivated. You have to investin them in order not to lose them,” he said. Comments are closed. Related posts:No related photos. HR is central to creating dynamic business teamsOn 5 Mar 2002 in Personnel Today Previous Article Next Articlelast_img

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