The Chartered Institute of Personnel Management  (CIPM), Nigeria’s president, Mallam Ahmed Ladan Gobir has said the nation’s ever-evolving business landscape has made it imperative for organizations, desirous of success, to treat with utmost priority,  strategic management of their workforce.

 

Speaking at the CEO/CHRO/HRD Forum, organissed by the CIPM, tagged: “Strategic People Management: Leveraging Your Greatest for Business Success”, in Lagos, recently, the CIPM boss stated that success recorded by an organization, through strategic and effective  management of  its people, usually goes a long way in differentiating it from the rest.

 

He explained that the theme of the forum stemmed from the need to highlight the essential role that effective people management plays in driving organisational excellence and achieving sustainable success.

 

Using Peter Drucker’s “The best way to predict the future is to create it”, Mallam Gobir explained that the forum also provided the opportunity to explore how practitioners in the Human Resources space  can, proactively, shape the future of their organisations through strategic people management.

 

On the impact of effective people management on business outcomes,  Mallam Gobir, while citing recent studies by McKinsey & Company, stated that companies with highly engaged employees, usually experience 21% higher profitability and 20% higher productivity than their counterparts.

 

The CIPM boss  noted that  leveraging  the people, an organisation’s greatest assets,  is not just a strategy, but a necessity; since talent is fast becoming the primary driver of competitive advantage,  in  today’s world.

 

He, therefore, called on practitioners to reflect on how strategic people management can be harnessed to unlock the full potential of their organisations.

 

Also speaking at the event, the Special Guest Speaker, Ziad Maalouf, also stressed the importance of the workforce to the survival and success of an organization.

 

The Managing Director of Seven-Up Bottling Company  argued that instead of the usual emphasis on the CEO/CFO relationship, there is the need for an organization to also highlight  the importance of the CEO/ CHRO  (Chief Human Resource Officer) bonding.