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How To Develop an Effective HR Strategy [2024 Edition]

AIHR

The HR strategy sets the direction for all the key areas of HR, including hiring, performance appraisal, development, and compensation. Operational efficiency and performance : When HR can put the right people in the right roles, there is better resource allocation and streamlined operations.

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What Gets Measured Gets Prioritized—And That May Not Be A Good Thing

Chief Executive

It does not follow, however, that there is wisdom in operating an organization with an overly exaggerated focus on what can be measured. Gina Bradley, Chief Operating Officer of The Colony Group, recently said, “I do care about things like our share price and all the data that supports it, but those things are not what’s most important to me.

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Talking About Promotions (with Very Ambitious People)

Ed Batista

Some of them are already operating at an elite level, and their ambition is entirely justified. But most of them fall somewhere in the middle--they show substantial potential, but they haven't yet clearly demonstrated that they merit a bigger role, a new title, or increased compensation. This proved untenable. . Footnotes. [1]

Manager 97
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Organizational Ethics and HR: An Actionable Guide to Implement Business Ethics

AIHR

For example, in September 2013, a Wells Fargo employee called a company-created ethics hotline in a bid to report unethical sales activities he had been instructed to carry out. Compensation. Eight days after sending the email, he was fired. Recruitment and selection. Here too, bias can be a nasty thing to tackle.