Ask Liz Ryan HR

Ask Liz Ryan HR: Human Resources for the new millennium

It has become a sad cliché: "Our People are our Greatest Asset." That hackneyed phrase doesn't mean anything in particular, so it's an easy bit of boilerplate to stamp on hallway posters and marketing brochures. When certain employers do elevate their talent-retention and team-welfare initiatives to the level of strategic priority, it's obvious.

Google (BusinessWeek.com, 10/25/07) (GOOG) is a hot stock, but it's even hotter as a desirable workplace because of the attention paid to hiring and keeping the best folks on board. When companies talk about valuing talent but don't put that talk into action, it shows. As a business leader, there are easy ways to gauge whether the happy talk about employees has a basis in reality. Here are our Top Six not-walking-the-walk red flags:

1. The talent chief is a half-chief.

If the human resources leader in the organization isn't at the same level as the rest of the E-staff—whether that's executive vice-president, senior vice-president, or chief [whatever] officer—the "greatest asset" language is a lie. Why would a company that values talent demote its top people officer relative to the rest of its leadership staff? Talk is cheap. If your company values talent, it will bring on an HR exec with the experience and wherewithal to operate at the same level as the rest of the leadership roster

To read the full story on BusinessWeek.com, please click here

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