Over the years,
many academics, practitioners, and consultants have come together to help HR
professionals deliver real business value to their organizations by building
upon collective research, discussions and experiences.
However, despite
all the knowledge gained and shared, many organizations continue to struggle in
realizing what is commonly identified as High-Impact HR.
So why has this
become the holy grail of HR across the world today?
Companies that
implement the High-Impact model are far more likely to adapt to market changes,
accelerate introduction of new products or services, operate efficiently, and
win over their competition.
This new model will
bring HR closer to the business, turn the team into consultants and advisors,
and will move HR’s skills up to a new level of capability and maturity. The
High-Impact HR Operating Model is a new blueprint for the HR function to bring
it closer and in sync with the business and to drive up levels of innovation
and expertise. In addition, it will elevate HR’s role to a driver of strategic
talent and business outcomes.
The model has been
tried through shared services and outsourcing, yet as services become cost
heavy and people-dependent, it becomes imperative that HR evolve into a more
product and technology dependent function.
Products that are
intelligent, easy to adopt and bring significant value to end-users will be
preferred. Products and tools which support faster data retrieval, churn to
information, and deliver intelligence based output will need to become an
integral part of the High Impact HR Target Operating Model.
The HR Operating
Model is going to metamorphose into a strategic business enabler with software
automation taking over operational delivery items, or hiving off of
transactional jobs. The management roles will be held by specialists, qualified
for these well-defined roles.
Building the Next
Gen HR Target Operating Model is becoming increasingly relevant and urgent as
the function progresses from services only model to data driven strategy. And
workplace transformation that appeals to the smarter workforce gets underway.
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