An HR Market Update, Part 1: Assessing Human Resources' Role as a Strategic Corporate Asset
This three-part Perspective series presents and analyzes the findings from a 2008 EquaTerra and Human Resource Executive® magazine market research study. This study assessed the current state of human resources (HR) organizations and their progress and success in performing as a strategic corporate asset. The study assessed the realities of HR transformation as a means to make HR groups more strategic, how organizations are pursuing HR transformation, and the role alternative service delivery models – like shared services or information technology and business process outsourcing (ITO/BPO) – are playing in enabling transformation. The study was a follow-up to a similar research effort conducted in 2005.
Part One of this study assesses HR’s role as a strategic corporate asset and identifies the activities HR groups should prioritize to become more strategic.