Why Should Companies Take a Holistic Approach To HR?
October 22, 2021
The phrase "workplace" is used to indicate a place where you showed up, left your personal life at the door, carried out your shift, and then left it all at the door again before clocking off. To put it simply, most organizations have changed and no longer function in this way; human resources departments have also begun to implement steps to adapt to this shift in the tide. The holistic approach to human resource management was born out of the necessity to redesign an organizational culture.
The phrase “workplace” is used to indicate a place where you showed up, left your personal life at the door, carried out your shift, and then left it all at the door again before clocking off. There was a clear line between personal life versus work, not just in the minds of the employees but also in the minds of those who supervised them. There was a sense of alienation from the organization as if you were merely doing your job without feeling like you belonged there. To put it simply, most organizations have changed and no longer function in this way; human resources departments have also begun to implement steps to adapt to this shift in the tide. The holistic approach to human resource management was born out of the necessity to redesign an organizational culture.
What is a holistic HR approach?
The holistic HR approach focuses on the individuality of the human capital by striving to engage with the staff to understand them on a personal level, learn about their ideal, and understand how to reshape the organization to fit into that ideal. Human resources specialists describe it as a strategic approach to attracting, retaining, and developing a highly dedicated and competent staff to fulfill the company’s goals.
Why should businesses adopt the holistic HR approach?
1. The requirement of the workforce has changed
Originally, businesses saw their employees as a labor resource, focusing on their capacity for executing certain roles and activities.
The nature of labor has changed as a result of scientific advancements and new technologies: employees now require a greater degree of education, as well as a variety of skills and talents. Employees are more prepared to take part in decision-making. Smart production systems are put in place to achieve these goals and generate the necessary flexibility and capacity. Processes that are simple and boring are being automated, while skillsets required of human resources grow increasingly complicated and interconnected. In other words, employees must be able to do tasks that are not in machines’ capacity. As a result, using the traditional HR approach to manage the human labor force is no longer valid.
2. The attitudes of individuals who work in the company have evolved through time
Shifting in employees’ social attitudes and demographics generates the need for change. In recent years, Gen Y, who seeks personal development, appreciation, and a sense of meaning, are becoming leaders of the workforce. And Gen Z, who holds up a value-driven approach to their careers, are entering workplaces. The two developments prove that a change in HR approaches to human management is needed.
Furthermore, there’s an increasing demand in making knowledge become the workplace’s lifeblood. Driving the flow of relevant knowledge makes the work environment energizing, efficient and effective. Although money awards are essential, other talent management and development parts can guarantee that talents are placed on expedited career paths and receive prospects for advancement. Thus a holistic approach is a perfect replacement to meet those needs.
3. In a result-driven environment, a holistic HR approach can deliver concrete results that contribute to the strategic objectives of any business
A holistic HR strategy may be utilized to meet the needs of both parties, allowing the company to evolve while the workers are satisfied. Some tactics of the holistic HR strategy include compensation and benefits schemes to reward at competitive levels on the market, performance management frameworks to administer KPIs linked to bonuses to boost increased performance, along attractive health and wellness programs. With specific data produced from every step of HR activity, business leaders can use the data to make well-informed decisions, timely driving HR strategies towards the common goals of the whole business.
If you are interested in developing a Holistic HR and want to find someone who can help your company achieve this goal, please contact Talentnet to learn more. Talentnet is the leading HR consultant firm in Vietnam, which uses state-of-the-art technologies with high protection, profound knowledge of labor law, and relevant HR solutions, making it a perfect human resources collaborator for long-term collaborations.
Which is the key determinant to your decision of adopting the holistic HR approach?
There is a shift in workforce requirements
There is a shift in attitudes of the workforce
There is an increasing demand from the management for a result-driven HR approach