IHRM’s Council today announces a change in the institute’s name to the Maturity Institute, with immediate effect. Paul Kearns, Chair of the Council, explains the thinking behind this change.
“The concept of management maturity can be traced back at least to the original, IT industry’s Capability Maturity Model and the term ‘maturity’ has now gained widespread acceptance as a set of values and principles that together offer a crucial doctrine for progressive management.
When IHRM was first launched in February 2013 we set out to demonstrate that general management views as to the importance of human capital in strategic thinking and practice is highly indicative of the organization’s level of maturity. We have also collected mounting evidence of a direct connection between maturity, organizational performance and societal value that can accurately predict future success or failure. Of course, the HR function can and should play a significant part in influencing the maturity level of board members and executives so when IHRM was originally christened this was reflected in the name chosen.
Since then, the Council members have regularly asked themselves the question of whether this places the emphasis where it is most needed – in the boardroom. This on-going debate has evolved over the last 18 months in line with significant developments within IHRM, including the approval of OMR (organizational maturity ratings) that offer a much deeper and broader analysis of organizational maturity and its implications. This new analytical method has in turn engendered increasing interest and excitement amongst the financial and investment communities.
In view of this, it was decided that the time is now right to simplify IHRM’s name and, at the same time, put the correct focus on mature thinking throughout the organization, rather than from a specific, functional perspective. The Maturity Institute will therefore continue, as before, to actively seek out the very best talent within and outside the HR community to provide the highest standards of professional development for those wanting to join this emerging discipline.”