102 | Boosting your strategic knowledge to step up in your HR role

Build your confidence and knowledge about strategy with this episode of HR Coffee Time. Fay talks you through the key takeaways from Richard Rumelt’s modern business classic, “Good Strategy, Bad Strategy: The difference and why it matters.”Not only will this help you create more powerful People and HR strategies, but it will also help you understand how to craft and contribute to the overarching strategy for the whole organisation you work in.This episode will be helpful for you, no matter which role you’re ultimately aiming for, but it will be especially useful if you’d like to move into a Board-level role (or are already in one).Ideas shared in the episode, include:The kernel of good strategy is made up of:A diagnosis that defines or explains the nature of the challengeA guiding policy for dealing with the challengeA set of coherent actions designed to carry out the guiding policy9 sources of power:LeverageProximate objectivesChain-link systemsUsing designFocusGrowthUsing advantageUsing dynamicsInertia and entropy Useful LinksConnect with Fay on LinkedInFay’s website: Bright Sky Career Coaching Buy the Book Recommendation(Disclosure: the book link is an affiliate link which means that Fay will receive a small commission from Amazon if you make a purchase through it)Good Strategy, Bad Strategy: The difference and why it matters, by Richard Rumelt Other Relevant HR Coffee Time EpisodesEpisode 26: How to be strategic in your new HR leadership roleEpisode 61: The 4 pillars that will help you be strategic in your HR roleEpisode 77: How to create an effective DEI strategy, with Metra RoweEpisode 98: HR insider insights: how to create a powerful people strategy for an SME, with Kelly VincentLooking For the Transcript?You can find transcripts for all episodes on the HR Coffee Time section of the Bright Sky Career Coaching website. Rate and Review the PodcastIf you found this episode of HR Coffee Time helpful, please rate and review it on Apple Podcasts or Spotify. If you're kind enough to leave a review, let Fay know so she can say thank you. You can always reach her at: [email protected]. Enjoyed This Episode? Don't Miss the Next One!Be notified each time a new episode of HR Coffee Time is released and get access to other free career tips, tools and resources by signing up to receive the free weekly HR Coffee Time email. Mentioned in this episode:Join the Inspiring HR Leadership ProgrammeBuild your confidence, credibility & impact through the Inspiring HR Leadership Programme. The next cohort is now open for booking. Inspiring HRHelp That’s There when It’s Needed MostMenopause, grief, ADHD, relationship breakdown... Every day, employees dealing with these situations are turned away by their EAP because they don't qualify for counselling. When someone finally asks for help, they deserve better. Visit Kara Connect, where no employee is ever turned away. Kara Connect