With the changing times and new recruitment age, many organisations need to set up a culture of innovation at workplace. This would require reinventing HR from the scratch. Starting out with little to no expectations, considering the ever changing business dynamics and company demands for best talent, HR professionals should be able to strategically analyse, reinvent recruitment methodologies and think innovatively.
Drawing inspiration from the success of Netflix Culture Deck, every professional has a learning to imbibe, and implement the strategies to accommodate and blend it carefully with different industries and organisational framework.
The problem with most organisations towards reinventing HR is they would not like to think out of box and innovate. According to Netflix CEO Reed Hastings, “Why aren’t companies more innovative when it comes to talent management? As a society, we’ve had hundreds of years to work on managing industrial firms, so a lot of accepted HR practices are centred in that experience. We’re just beginning to learn how to run creative firms, which is quite different.”
Patty McCord from Harvard Business Review as carefully puts across, “People find the Netflix approach to talent and culture compelling for a few reasons. The most obvious one is that Netflix has been really successful: During 2013 alone its stock more than tripled, it won three Emmy awards, and its U.S. subscriber base grew to nearly 29 million. All that aside, the approach is compelling because it derives from common sense.”
“Two overarching” principles clearly define Netflix’s unique talent management philosophy. They are:
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Some key takeaways to learn for HR managers – on how Netflix managed to attract, recruit, retain and manage talent within the organisation:
Instead of cheer leading, HR managers should think like business people and focus initiatives to answer these questions: What’s good for the company? How do we communicate that to employees? How can we help every worker understand what we mean by high performance?
If you as a HR manager have been mimicking other companies’ best practices (many of them antiquated), which is how almost everyone seems to approach HR. Then it’s time to influence change and challenge the traditional pathways. Go unconventional to carefully blend best HR practices with organisational workings and build an innovative HR team for creative workspaces.
Also read: The New Face of Human Resources
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