The president and chairman of council of the Chartered Institute of Human Resources and Strategic Management (CIHRSM), Tein Jack-Rick, has said nearly
Speaking at the professional membership certificate induction ceremony in Lagos, Jack-Rick said nearly a quarter of a trillion dollars has been lost in the last five years due to “regretful turnover caused by unfit workplace culture, more than ever board and executive teams appreciate the impact that intangible assets like human resources play in winning talent and in the market.
“But they often do not know how to act which is why historically, handling organisational culture has been passed to HR functions that have not had the data, resources nor sufficient influence to properly measure and manage it.”Jack-Rick in his opening address stressed the important role of human resources in helping to drive top-down culture change in an organisation.
“Now as one of the managers as consultants in house or external recognising the key role function it can play in connecting people across the business and actively shepherding a corporate culture that is fit for both the organisation’s strategy and risk tolerance.”He noted that consulting skills present HR with an exciting opportunity to not just define culture and how it is measured, but also to help set the tone at the top and deliver strategic values at a boardroom level.
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