1.6 - Why HR belongs on the Executive Team

This episode explores the challenges faced by HR in attaining a seat at the executive table, and its shift from compliance to being a crucial strategic function We explore the pivotal role of HR in the current knowledge economy, the impact of HR's historical roots in compliance and governance, and the importance of self-awareness for HR leaders. The episode aims to empower and inspire HR professionals and people-focused leaders to be more strategic.   Key Topics Covered: 1. Why is HR often sidelined in strategic discussions? The episode explores the historical context of HR's role and how this has evolved over time, often leading to HR's exclusion from critical strategic conversations. 2. How can HR professionals become more strategically influential? Fiona and Gemma discuss the strategies, skills, and mindset shifts necessary for HR professionals to play a pivotal role in shaping an organisation's strategy. 3. What is the evolving role of HR in a knowledge-based economy? The episode delves into the changing landscape of work, where people's skills and motivations are central to business success, making HR's role increasingly critical in developing and implementing strategic plans.   Key Timestamps: - [02:15] HR's historical identity crisis. - [03:25] The positioning of HR and people leaders in the C-suite. - [06:08] HR's evolution from personnel management. - [09:11] The impact of the knowledge economy on the HR function. - [13:05] The importance of proactive thinking and participation for HR professionals. - [19:42] How the HR function can influence business strategy. - [22:57] Bringing together the perspectives of HR and strategy. - [28:53] Recognising the integral role of people in business success.   Key Takeaway: The HR function has evolved from its roots in compliance and governance to become a crucial player in business strategy, particularly in the knowledge economy. To be truly strategic, HR professionals must proactively participate in decision-making, challenge existing processes, and emphasise their unique expertise in people dynamics.   Thank you for tuning in to this episode of The Strategic Leader podcast. If you enjoyed the show, don't forget to check out previous episodes and subscribe for more insightful discussions and practical advice on becoming a more naturally strategic leader. If you have questions about  strategic leadership, we'd love to hear from you. Feel free to contact us via www.gemmabullivant.co.uk (Gemma) or www.wearegoodthinking.co.uk (Fiona). Your queries could inspire future episodes to help you become a more strategic leader.