Top Executives: People Issues Are Strategic, But HR Not Addressing Them

“Aligned at the Top,” a new global study conducted by Deloitte Touche Tohmatsu and the Economist Intelligence Unit (EIU), reveals that while executives and HR leaders both view people as an issue of strategic importance, there is also an increasing tension between company needs and HR's ability to deliver.
The study, which surveyed 531 senior business executives and HR leaders representing every major industry and region, suggests that most HR functions are still transforming themselves — or thinking of transforming themselves — from administrator to strategist, and many have yet to develop the capacity and capabilities required to tackle their company's current and future strategic challenges.


Excerpt:
Although senior business executives viewed people issues as strategically important, they are not confident that HR is ready for the challenge. In fact, only 25 percent felt that HR "plays a crucial role in strategy formulation and operational success."

Read the study report:
http://www.deloitte.com/dtt/cda/doc/content/us_consulting_alignedatthetopsurvey_v2.pdf

Balanced Scorecard Collaborative

The most comprehensive source of education and information relating to Balanced Scorecard can be found at the Balanced Scorecard Collaborative website: www.bscol.com

How can the corporate organization create synergies across business units?

I recently read a good article on corporate strategy:
"The Corporate Scorecard: Making the Whole Greater Than the Sum of the Parts" by David P. Norton.

The article provides a few good examples and case studies relating to different corporate strategies in multi-business-unit organizations. It discusses how the corporation strategy needs to create synergies between it's business units and support units.

The article can be purchased at:

https://www.bscol.com/bsc_online/resource/bsr/index.cfm?id=45B1F123-B7B0-419F-84B3989B42B7756E