Emerging role of hr as a business partner

  • Published on
    23-Aug-2014

  • View
    118

  • Download
    3

Embed Size (px)

DESCRIPTION

Role of HR as a strategic business partner

Transcript

  • 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 its 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