What is ISO 30408 – Human resource management human governance about?
ISO 30408 is an international standard that focuses on guidelines for human resource management. ISO 30408 provides guidelines on tools, processes and practices to be put in place to establish, maintain and continually improve effective human governance within organizations.
Note-
ISO 30408 does not address relations with trade unions or other representative bodies.
Who is ISO 30408 - Human resource management human governance for?
ISO 30408 on human resource management human governance is useful for:
- HR administration
- Managers and government officials
- Team leaders
Why should you use ISO 30408 - Human resource management human governance?
All organizations have governance. Governance refers to the system by which organizations are directed, controlled, and held accountable. Governance defines rules, systems, processes, and behaviour. To be effective, a governance system needs to consider the whole organization in all its dimensions. ISO 30408 promotes confidence in both present and future stakeholders (employees, investors, shareholders, customers and other interested parties) in the long-term viability of the organization. ISO 30408 contributes to strategic decision-making by creating responsible, accountable, well-managed and value-focused organizations.
ISO 30408 refers specifically to the system or systems by which people within an organization are directed and held accountable. The governance of people is as important as the governance of physical assets or financial capital, and how this is done is instrumental in promoting appropriate behaviour within an organization.
By aligning ISO 30408 with strategic planning, the organization can
- Respond to organizational, regulatory, and operational needs
- Anticipate and manage human resource risks
- Ensure associated costs are managed and the value of such investments is measured
- Develop an organizational culture that reflects its organizational values
- Optimize overall performance
