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The HR function is in a state of transition caused by the increasing pressure to identify and develop next-generation leaders, the growing globalization of businesses and talent pools, and the CEO’s requirement that HR be more strategic and relevant to the business as a whole. As HR seeks to meet these demands, others have questioned its effectiveness.
The premise of this Korn/Ferry Institute whitepaper is that HR executives who desire to create the organizational capability and talent strategies for the post-recession world need to be competent tacticians who also can think and act strategically. Among other things, this means behaving more like their colleagues with profit-and-loss responsibilities.
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