For several years, human resources executives have chanted the mantra that HR is strategic. But what does this really mean? How do you know it, and, even more importantly, how do you measure it? The answers to these questions have been difficult to attain and are mostly subjective and qualitative. However, Deloitte has parlayed its Enterprise Value Map into its new Human Capital Management Value Map, which can clearly articulate the strategic value that HR brings to an organization. Companies that struggle with this subject can use the Human Capital Management Value Map to discover where and how they deliver value through people and HR.
Author: Craig Symons
Source: Forrester Research
Subjects: Human Resources, Management