What must HR managers do to transform HR into a strategic, value-added function in the organization?
What must HR managers do to transform HR into a strategic, value-added function in the organization? 4-5 pages and many references:21
There are several actions that HR managers must take to transform HR into a strategic, value added function. For transforming HR into a strategic, value-added function it is necessary that HR becomes a strategic partner. It should become a part of the strategic process and actively support the strategic goals of the company. In order to achieve this, the Hr has to be business savvy. It must understand the business strategy and should be aware of what contributes to the bottom line. The HR actions must align with the strategy of the firm. For this the HR has to continuously check the strategic goals and objectives of the organization and take such steps that will support the strategic goals of the organization. The HR must remain accountable to the organization, must monitor its own performance, and improve its support to the strategic direction. Further, HR must manage talent. It should align the talent with the strategic goals of the organization. HR must monitor and increase knowledge transfer, enable the firm to leverage technology transfer, and provide the organization with flexibility required to make a global organization successful.
There are reasons why managers should take effective steps to transform HR. The reason is that companies now more than ever require support from the HR. This support is required because human resource has become ever more critical for attaining competitive advantage or even surviving in the competitive environment. The HR function is under glare and questions are being raised about the effectiveness of the HR function. HR needs examine the risk of key employees leaving the company, the moment the labor market becomes stronger. The HR managers need to set the tone for ...
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