New HR Roles To Impact Organizational Performance: From“partners ...

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New HR roles to impact organizational performance: From“partners” to“players”info

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keyboard_arrow_downkeyboard_arrow_upOgar UnimkeOgar UnimkeOgar Unimke

1997, Human Resource Management

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Abstract

Key takeaways

AI generated

1. HR must evolve from a business partner to a strategic player to enhance economic value.
2. Measurable economic outcomes, such as shortened training cycle time, are critical for HR effectiveness.
3. HR's role in mergers and acquisitions can significantly influence organizational culture and performance.
4. Organizations must assess HR's impact on operational and financial outcomes to align with business strategy.
5. The future of HR relies on demonstrating its economic value through strategic alignment and cultural transformation.

FAQ's

AI generated

What new roles are HR adopting to enhance competitive advantage?add

The paper reveals that HR is transitioning from a 'business partner' to a 'strategic player,' emphasizing economic value delivery to both internal and external customers.

How does HR influence organizational performance through culture change?add

Research indicates that HR's role in cultural transformation is vital, potentially offering the highest leverage on economic performance, as seen in successful firms like Southwest Airlines and Wal-Mart.

What role does HR play in mergers and acquisitions?add

HR can significantly impact M&A success by ensuring thorough due diligence of 'soft assets' like culture and intellectual capital, which is often overlooked.

What metrics are essential for measuring HR's economic impact?add

The paper emphasizes using operational and financial performance metrics, such as customer satisfaction and return on assets, to assess HR's contribution to economic value.

How does the choice of business strategy affect HR practices?add

Different strategies, like operational excellence versus product leadership, necessitate tailored HR practices that align workforce behaviors with strategic business objectives, maximizing performance.

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