This excellent article by Deloitte discusses how the Human Resources function can create value for the organization.
The article identifies what constitutes shareholder value, and goes on to identify 10 specific areas through which HR can help the organization create value. These include merger integrations, new market entry, workforce planing, talent management, global mobility, global workforce security, regulatory compliance, governance, change management & global program management.
The article also provides a simple assessment tool to evaluate if your HR function is leading or lagging in the creation of value.
HR That Means Business: Focusing on Value Creation
http://www.deloitte.com/dtt/cda/doc/content/us_consulting_hc_chro_StrategistSteward_Book2_150806.pdf
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