Change the way performance is measured in line with strategic goals, states Margaret Harris.
The human resources (HR) wings of international companies have realized that they have to transform themselves to become more business-focused, but may be that need to be done more rapidly.
Findings like these have come out from a recent Deloitte Consulting survey which surveyed 150 companies and where overwhelmingly 85% said that they would revamp their HR functions but not doing it fast and not making it a vital part of their company’s business strategy.
As per the survey:
Revamping HR is still mostly about savings, systems and processes, despite demands from the C-suite for HR function to support overall business objectives to meet challenges of an increasingly competitive business environment.
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