This report explores successful transformation of human resources from a traditional, transactional function to a strategic, value-added one. It describes how HR managers need to become business partners, how a shared services system is vital to the revamped HR function, and how attention to talent management and measurement systems will ensure lasting results.
It’s the Journey That Matters: 2005 Strategic HR Transformation Study Tour
It’s the Journey That Matters: 2005 Strategic HR Transformation Study Tour
People and Culture
$800.00
As today’s organizations undergo unprecedented competitive and structural change, the human resources (HR) function must make a significant impact on the strategic renewal process by transforming itself from a traditional, transactional role to a strategic, value-added one.
A study tour of four leading North American companies revealed the keys to successful transformation:
- The managers of the HR function must become strategic business partners with the line managers and executives in an organization’s business units.
- A shared services system (incorporating a computerized human resources management system) saves costs and improves efficiency.
- An effective talent management system attracts, trains, develops and motivates the people essential to future corporate success.
- Succession planning identifies and cultivates future organizational leaders.
- Measurement systems, such as balanced scorecards, Six Sigma™ and employee surveys, helps track success.
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