From Admin. to Strategic Partner: The Evolution of Human Resources

Over the past decade, Human Resources (HR) has evolved from an administrative back office function to a strategic partner that helps achieve organizational objectives and develops and retains top talent. However, while many executives recognize the potential of HR to be a strategic partner, only a fraction feel that their HR function is performing at that level. To bridge this gap, HR teams should focus on strategic planning, talent management, culture and engagement, compliance and risk management, and people analytics. By doing so, they can attract and retain top talent, improve organizational performance, and protect the organization from legal and financial liabilities. Furthermore, HR teams should consider rebranding themselves as People & Culture departments to reflect their modern and strategic approach to people management. Ultimately, building a strategic People & Culture team is a worthwhile investment for any business.