What HR Needs to do.
Competition from global companies, advances in IT, new knowledge, outsourcing and other changes are forcing organisations both big and small to constantly examine and reevaluate their operation strategies. In this changing scenario, smart organisations are in the process creating new strategic initiatives and significantly revamping their operations. Some of the changes such as new technologies, changing of structures, work redesign, relocation of work force and improvement of work processes are in response to the increasingly demanding and global competitive environment.
These important changes have significant implications for the human capital working in these companies as well as their HR functions. But the key question to ask here is: Are organisations changing their human capital management processes and are they redesigning their HR functions? The human resources function now has the onerous responsibility for a large portion of their organisation’s total expenditures and this portion is growing. Hiring the right HR leaders thus can have a significant impact on the performance of your organisation.