Emerging role of hr as a business partner

Emerging Role of HR as a Business Partner

M/s Sneha Sankpal

Expectations from HR leaders

• Business Savvy• Align HR Strategy with Business Strategy• Change Catalyst• Help Biz leaders to achieve objectives effectively• Acts as a Line Management Peer• Take Ownership• Strong Bench Strength

Centers of Excellence as Business Partner• Risk management• Critical Talent Management and Retention Microsoft UK focuses attention on it’s A list, top 10 percent,

performers, regardless of role and level.• Recruiting Effectiveness Companies where career advancement is based on talent

more than tenure and age will compete more successfully in their markets

• Productivity

Contd..• Performance Management System

• Compensation and Pay Equity

• Training and Development

Significance of HR Analytics to HR Leaders

HR analytics demonstrates the direct impact of people data on important business outcomes and helps in• Calculation of ROI• Show results along with HR activity completion • Give evidence-based advice

HR Tools• Dashboards• Business intelligence • Regression Analysis• Process Analytics • Human Resource Information Systems• HR metrics

Dashboard

Business Intelligence

HR Tools contd..

• Regression Analysis :connecting survey items to turnover intentions.

• Process Analytics : Connect Individual HR Processes with important business outcomes

• HRIS: Automate HR Processes• HR metrics : Quantify the cost of HR processes and

measure success or failure of employee programs

Emerging Roles of HR leaders• Assess the needs of the customer • Sound knowledge of HR metrics and analytics • Organization restructuring and its assessment• Talent Management and Retention• Customer focus• Challenging the business, instigating and leading

transformation projects • Assists senior management in Management development

and 360 degree feedback • Drives increased productivity

Thank You