Wednesday, February 13, 2013

A New Mandate For Hr

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Article Summary

The article talks about the sack that is falld for the Human Resource divisions of organizations. It mentions that the HR field should be involved with an entirely new role and agenda that focuses not only on traditional functions like staffing and compensation, but more importantly on outcomes. It advocates the need for HR to be an constitutional part of the organization and deliver results that enrich the organizations value to all the stakeholders involved.
The new agenda is a groundwork departure for the HR function from its traditional duties. The fact clay that the activities of HR appear to be, and often are disconnected from the realistic work of the organization. The new agenda should ensure that HRs activities lead to stakeholder value in a concrete way. The right for achieving this transformation lays both with the succeedment of the organization as intimately as with the HR personnel. The management, which includes the CEO as well as the line managers should lead the way in integrating HR into the companys real work. They should partner with the HR managers to overwhelm and reconfigure the HR function from one devoted to activities to one affiliated to outcomes.
There are five critical business challenges that require organizations to build capabilities.

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The article talks about how HR plunder play a leadership role in component organizations meet these challenges successfully. These are
1. Globalization
Globalization demands that managers develop the capability to hypothecate globally and act locally. It requires that organizations increase their ability to learn and collaborate, and to manage diversity, complexity and ambiguity.
2. Profitability through Growth
Increasing the revenues requires that a company acquire new markets, attract new customers and dive new products. All of this requires innovation, creativity, increased market focus and poverty-stricken flow of information.
3. Technology
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