The HR Standards Navigator
Shared Purpose & Collaborative Engagement Framework
• Operating as Many…Performing as One
From being Visible to Visionary
HR Management and HR Audit Management System
The HR Management and HR Audit Management System enables HR professionals to internalise the Shared Purpose & Collaborative Engagement Framework.
The HR audit model underpins the HR Management System Standards together with the integrated human capital reporting philosophy to ensure human capital management is aligned to organisational objectives.
The HR Management Standards are grouped into 4 broad themes. You can use the Standards Navigator to browse through the themes and view implementation considerations and links to resources for each of the Standards.
It is estimated that 70% of a company’s valuation is derived from its intangible assets, i.e. its workforce and the knowledge/skills it possesses. Thus it is imperative that we accurately measure and assess such intangibles in order to effectively manage them. Ultimately, organisations will likely use additional metrics to the proposed standards for their planning activities.
The FWCI’s HR Management Standards set the stage for developing processes that are clear and applied consistently so that expectations in performance and relationships essential to an effective workplace are promoted.
The Standards reinforce compliance but also provide a rationale as to why organisations should do more than the minimum.
They are designed to support decision makers in the development and implementation of effective HR policies and practices. They provide managers with information to establish practices that encourage and support employees in their current and future work.
By implementing the Standards, organisations make a commitment to excellence. Organisations can use these Standards to evaluate their current HR policies and practices and determine where there is room for improvement.
The Standards support organisations in identifying areas for improvement and to make a clear link between employee performance and organisational results.
The overall aim is to:
- Reinforce compliance with legal requirements;
- Contribute to a fair and equitable work environment, and support caring and positive approaches to working with employees;
- Act as a foundation for organisational improvement and provide tools that will build organisational effectiveness
Operating as Many…Performing as One
A framework for the Next Generation Enterprise
Organisations that outperform others understand that high performance is a journey that requires a commitment to monitoring and measuring improvement and excellence
- Develop strategies to improve performance
- Take action to improve performance
- Monitor and improve performance
Implementing the Standards
Organisations will need to determine in what ways they can achieve the Standards given their current operations and available resources.
Achieving and maintaining the Standards:
Assess your organisation’s current policies and practices against the Standards, and identify who needs to be involved in assessing existing policies and practices and developing plans to address gaps by:
- Reviewing current HR management policies and practices compared to the Standards to identify gaps.
- Identifying those Standards that are critical to the organisation’s current operations.
Communicate your organisation’s commitment to the Standards with the appropriate target audiences.
- Develop clear messaging that presents the impact that the Standards have on your organisation, the changes that have been made and the reasons why you are aiming to achieve these Standards.
- The purpose is to create awareness of the importance of HR policies and practices and how the Standards can support the organisation in establishing appropriate policies. This will also ensure individuals are aware of changes in HR management policies and practices and provide support throughout implementation.
Develop a one-year plan that targets the Standards your organisation plans to implement.