A New Mandate

In: Business and Management

Submitted By pradhs1
Words 1101
Pages 5
Executive Summary The article speaks about four ways in which HR can deliver organisationalexcellence. First being partnering with senior and line managers in strategyexecution. Second, it delivers administrative efficiency to ensure that costs arereduced while the quality is maintained. Third, it helps in increasing employeecontribution. Finally, it acts an agent of continuous transformation. Based onthese points, the line managers must work to completely integrate HR intocompany’s real work. There are five challenges that the companies face in the modern scenariobecause of which HR finds an important role. First, increase in globalisation haspushed the companies to increase their ability to learn, collaborate and managediversity, complexity and ambiguity. Second, initially the companiesconcentrated on cost cutting measures to increase their efficiency but later onthe focus needs to shift towards revenue growth. They must be market focussed,develop innovative and creative products and must encourage free flow of information. Third, there is a need to incorporate technology as a viable,productive part of the work setting. Fourth, the organisations face a majorchallenge in attracting, developing and retaining intellectual capital. Last, thesuccessful organisations are the ones which adapt themselves quickly to thechanges and which can take rapid decisions and innovate new ways of doingbusiness. The challenges described above have moulded new roles for HR. Successfulorganisations are the ones which can quickly turn strategy into action, tomanage processes intelligently and efficiently, to maximise employeecontribution and commitment and to create conditions for seamless change.HR managers should act as full-fledged strategic partners with seniormanagement and guide serious discussion of how the company should carry outits strategy. Firstly, it should be held…...

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