HR Responsible for Strategy Alignment
ONTARIO, CANADA – “The responsibility to align the company’s business strategy with its Human Capital strategy belongs to the Human Resource function,” says a recent study conducted by Brian Lowenthal, of The Benchmark Partners, LLC, a consulting firm with over 25 years of HR experience.
The companies in the study that were able to achieve and sustain the alignment of business strategy to Human Capital strategy saw their Human Resource functions contribute results across five dimensions for HR Effectiveness: Strategic Alignment, HR ROI, HR Operations, HR Technology and Stakeholder Alignment.
The study further showed that when HR was ineffective in two or more of these five dimensions, HR was seen as making no significant or material bottom-line contributions. Additionally, HR was seen as adding little value to organizational performance.