The HR functions of the past, which have been focusing only on hygiene factors and adopting transactional approach without any strategic link to business results, are slowly going into oblivion. Such functions are commonly perceived as ‘cost’ to the business, rather than enablers of value. In the new millennium, HR function has the onerous task of preparing the organization for the future by continuously enhancing the individual and organizational capabilities to become perennial value creators. Identify the 6 essential steps that HR can follow to add value to business.
In an HR Tech Conference that I attended recently, one thought struck my mind very deeply. “Future has arrived, but it is not evenly distributed” The statement has a very powerful meaning and future implications for HR profession. While it is becoming evident what will be the future trends and new ways of working in […]