Paul Carney on Transforming HR: Building Foundations and Adopting AI
In the rapidly evolving world of business, Human Resources (HR) plays a critical role in ensuring that organizations not only survive but thrive. In the latest episode of the Talent Development Think Tank podcast, Paul Carney, Chief Human Resources Officer at Carter Bank and Trust, shares his journey of transforming HR from the ground up and his innovative use of AI to enhance HR functions.
Here's a guide based on his insights for building solid HR foundations and adopting AI effectively in your organization.
Lay the Groundwork with Core HR Functions
Paul Carney's first task at Carter Bank was to establish basic HR operations. If you're starting from scratch or revamping your HR functions, begin with the essentials: create clear job descriptions, implement structured performance reviews, and set up a leadership development program. For Carney, this meant hiring a VP of Learning and Talent Development to spearhead these initiatives.
Establish Critical Competencies and Core Values
Tracking competencies and core values is crucial for performance reviews and overall organizational culture. Carney developed a 'greatness worksheet' to keep this process organized and actionable. Identify key competencies relevant to your organization and ensure these are integrated into your HR processes for consistency and alignment with business goals.
Facilitate Programs to Develop Future Leaders
Carter Bank has implemented various programs, such as emerging leaders programs and disc training, to develop their talent. These initiatives are pivotal in grooming future leaders and promoting team collaboration. Consider introducing similar programs tailored to your organization's needs and culture.
Immerse Yourself and Your Team in Business Operations
To steer talent development effectively, understanding the intricacies of your business operations is vital. Paul Carney emphasizes this approach as it helps in anticipating future skill requirements and aligning HR strategies with organizational goals.
Find Champions for AI within the Organization
Integrating AI into HR functions starts with finding people within the organization who are passionate about AI. These champions will help spearhead small projects that showcase the potential of AI, enabling learning and growth through these initiatives.
Leverage AI for Practical Tools and Solutions
Paul Carney suggests beginning with simple AI applications, such as generating a meal plan or enhancing existing HR programs. The key is to start experimenting with AI tools to understand their capabilities.
Utilize AI for Data-Driven Insights
Incorporate AI to analyze data and improve engagement and turnover rates. For instance, Carney's implementation of a management development program at Carter Bank led to a significant reduction in turnover rates, proving the efficacy of data-driven strategies.
Encourage a Growth Mindset and Continuous Learning
Transformations, especially those involving technology, are often met with resistance. Carney overcame this by continually reinforcing the value of these changes and engaging long-time leaders. Promote a culture where experimenting with new tools, like AI, is encouraged and supported.
Build a Business Case for AI Adoption
For conservative organizations, building a strong business case for AI is essential. Start with small, manageable projects that can demonstrate the tangible benefits of AI, gradually gaining buy-in from key stakeholders.
Connect and Learn from Experts
Paul Carney invites professionals to connect with him on LinkedIn and subscribe to his 'Promptly HR' newsletter for more insights on HR and AI. Similarly, surrounding yourself with a community of experts and continuously learning from them can significantly enhance your journey in transforming HR functions.
In conclusion, transforming HR by laying a solid foundation and integrating AI is not only feasible but essential in today's fast-paced business environment. By following these steps and learning from industry leaders like Paul Carney, organizations can build robust HR functions that are agile, data-driven, and future-ready.
Paul Carney helps leaders harness the power of people as the Chief Human Resources Officer at Carter Bank & Trust, a $4B community bank with locations in Virginia and North Carolina. He is an accomplished author and speaker and has more than 30 years of experience in business, IT, and as a human resources professional and career advocate.
Paul often explains that he is a business person who manages HR while being a trusted advisor to his business partners. He wrote and published his first book, "Move Your Æ(ash): Know, Grow, and Show Your Career Value" in 2018. Paul has been designated a Certified Artificial Intelligence (AI) Expert™ and Certified Prompt Engineer™ by the Blockchain Council.
Paul and Lisa, his wife, live in Oak Ridge, NC, and have achieved their Level 2 Award in Wine. They enjoy spending time with their two adult children, visiting the beach, and stopping at wineries along the way.
Listen to the podcast episode here:
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