Embracing Change: HR Insights from Martin Falkenberg
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When it comes to analysing changes in human resources, few are as well placed to comment asMartin Falkenberg. With over 25 years’ experience at firms such asMobil,Nestlé Waters, and – most recently – as Chief Human Resources Officer at theenvironmental services firm SUEZ North America, he has accrued vast knowledge of the increasingly significant role that HR plays in companies’ practices. We caught up with Martin on the Venari Podcast, where he shared his unique HR insights on this key component of the workplace.
‘There’s been an evolution, over the years, of an increasing focus onHR in connection with business strategy’, Martin notes. But when the pace of change is so fast, in both corporate and global spheres, it can be difficult for firms to ensure their HR policies are up to date with current trends while remaining competitive.
However, despite the shifting HR landscape, some things remain constant – not least theacquisition,development, andretentionof talent. The prominence given to these areas may ‘ebb and flow, depending on the situation in the market', though presently ‘it’s at a high level […] it’s very acute.’
Indeed, HR-related topics are gaining more attention from executives and board members alike, which makes sense when ‘soft’ HR issues, as Martin calls them, have such a bearing on workers’ lives in both professional and personal contexts. He namechecks three as being particularly important:
Diversity, equity, and inclusion (DEI)
Wellbeing
Employee experience
Previously, organisations were ‘focused on making customers feel good,’ Martin says.‘Now, that focus is moving internally, towards our employees.’This encompasses everything from stakeholders expecting firms‘to take a more public and vocal stand’on topics that are important to them, to recognising that staff are ‘not just focused on what's happening at work, but what's happening throughout their entire lives.'
Nurturing employee welfare is not only good for staff – it is beneficial for business. Workers are more likely to put in‘discretionary effort’– i.e., to go above and beyond their duties – in supportive, engaging environments, which can help to give companies a competitive edge. But this is not just about the workplace itself; companies must also demonstrate ‘strong purpose’, ‘fair and competitive compensation,’ and, as Martin puts it, set and provide ‘realistic expectations and sufficient resources to achieve those expectations'. Short-termism in how businesses approach these crucial topics leads to scenarios like theGreat Resignationand‘quiet quitting’.
What advice does Martin give fellow HR leaders to stay agile in the current market? ‘First and foremost, to keep your ears open and listen.’ That goes for the concerns of both employees and stakeholders, in addition to an organisation’s business strategy. Although the world is changing rapidly, Martin regards this uncertainty as something to embrace: HR executives should see it ‘not as a scary thing, but actually as an opportunity and a way to make change and move things forward.’
Last, but not least, Martin encourages HR departments to be brave; things that seem unpopular or unproductive at first can end up helping ‘to drive long-term business success,’ he notes. ‘And so it’s important […] at times to push ourselves and our organisations into maybe uncomfortable places.’
You can download this episode of The Venari Podcast onApple Podcast,Spotify,DeezerandPodbean.
With over 8 years of experience headhunting global leaders,Tim Hartnellworks with Retail, Consumer Goods and Sustainable Packaging companies to identify and engage the very best senior strategic, commercial and operational talent within the UK, Europe and the US. Candidates he sources have typically spent time in top-tier consulting firms such as McKinsey, Bain, BCG, etc.
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Alex joined Venari Partners after spending 5 years at BIE Executive where he was a Director, working with clients to help them appoint transformational leadership teams at C, C-1 and Director level across a range of sectors. Prior to BIE, Alex spent the earlier stages of his career in team management roles focused on specialist markets at Page Group and Brewer Morris, having graduated from the University of Bristol with a Bsc Econ. He leads our Sustainability search practice, which operates across the sectors Venari Partner’s serves: Aviation, Aerospace, Travel, Hospitality, Logistics, Retail, Consumer, Sustainable Packaging, Life Sciences & Healthcare. Having worked with clients across these sectors throughout his career, and with experience delivering searches that enable the implementation of sustainable change, he has developed an excellent reputation across his network. Our Sustainability search practice works with clients to appoint roles including but not limited to: Chief Sustainability Officers Sustainability Directors & Heads of Sustainability, Directors & Heads of ESG Director- level roles with responsibility for Sustainability, Environment, Social Responsibility & CSR Strategy, Innovation, Integration & Operational Implementation Reporting Supply Chain & Procurement Sustainability and climate consulting ESG Operating Partners Alex loves to spend time with his young family, travel and indulge his passion for sport. A long-suffering Spurs season ticket holder, he remains eternally hopeful that better days are ahead, but is experienced enough to know this is unlikely.
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