Dynah
A. Basuil, PhD, discusses the future of the role of human resources
at the HR Leaders’ Huddle.
The
human resources industry is experiencing a major sea change, brought
about by the various challenges and needs of a growing pool of
younger, higher-skilled workers, as well as new business trends. For
HR to create value, it must respond to this change as a strategic
partner for their companies, informing and influencing long-term
business decision-making.
To
help HR professionals get into this strategic mindset, recently at
the New World Hotel Makati, JobStreet.com
Philippines in collaboration with the Asian Institute of Management,
hosted the HR Leaders’ Huddle, which sought to outline how HR
divisions can evolve into business partners and drive better
organizational performance. JobStreet brought together HR
professionals in an environment that allowed them networking
opportunities, as well as the chance to learn about this budding
trend in the HR world.
The
HR Leaders’ Huddle was headlined by the presentation of a paper by
Ms. Dynah A. Basuil, PhD, Professor at the Leadership and People
Management Department of the Asian Institute of Management. Entitled
“On the Right Track? Human Capital Management in the Philippines,”
Ms. Basuil’s presentation highlighted the changing landscape of the
workforce and how it affects HR as a whole.
Ms.
Basuil noted that in the last ten years, the workforce of the
Philippines has increased by 20.7% or almost 7 million, and the
composition of this workforce has experienced a major shift towards
high-skill workers, with 63% more higher-skilled workers in 2017 than
in the last decade. She also underscored that much of the new workforce
is represented by Millennials as well as Generation Z youth, who have
unique needs and attributes compared to the previous.
According
to Ms. Basuil, this creates a need for HR to change their practices
in how they deal with younger workers, who want to be more engaged,
and be assigned work that is customized to their talents so that they
can better apply themselves to their jobs.
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Present
during the event are the following: (from left) host
and facilitator, Brian Quenbengco; Jobstreet.com’s Sales Director,
Noelle Gonzales; SM Investments Corporation’s Vice President of HR,
Facilities and Admin,
Joann
Hizon; Century Properties Grp, Inc.’s Head for HR & Admin,
Ritchelle Cordero and JobStreet.com’s Sr. Sales Supervisor, Paul
Andrew C. Tuazon.
|
She
also shares that there is a measurable change in HR function, with a
decrease in record-keeping and providing of HR services, and an
increase in strategic partnering, developing HR systems, auditing,
and controlling.
What
does being a strategic business partner look like, then, for HR
professionals? These and other questions were explored in a panel
discussion that talked about Ms. Basuil’s work, which was composed
of Mr. Robin Bradshaw, Country Manager of Cathay Pacific; Mr.
Ritchelle Cordero, Group Head for HR and Admin at Century Properties
Group, Inc; and Ms. Joanne Hizon, VP for Human Resources at SM
Investments Corp.
These
seasoned HR professionals agreed that being part of their company’s
initiatives from the very beginning, rather than just being an
afterthought, is the key for HR professionals to be strategic
partners.
JobStreet
Sales Director Noelle Gonzales said that the paper and HR Huddle are
only the first step in their goal to help partner companies and
jobseekers participate in a new strategy-centric Human Resources
landscape, in which HR is a strategic business partner. “You heard
our panelists talking about the importance of data for HR
professional, and that’s where we’re going to be focusing our
efforts to help serve the industry. We’ve disseminated a lot of
information, mined from JobStreet’s treasure trove of
raw data, and we aim to share that with our partner companies’ HR
people, providing whatever helps them whether short-term or in the
long run. Through our data analytics product, launching very soon, we
can provide everything from data in particular demographics, to
perhaps hiring requirements for the next couple of years.”
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