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3 Business-Critical Reasons to Invest in Strategic HR

15Five

Why is strategic HR important? In companies where HR is treated as a primarily administrative function, business goals like increasing sales, improving customer retention, and growing market share are rarely considered. However, becoming a more strategic HR team doesn’t mean the essential everyday work goes away.

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How To Develop an Employee Scorecard in 2024 (Plus Free Sample)

AIHR

Key Performance Indicators (KPIs): Based on the specific goals and objectives, some KPIs should help measure an employee’s performance in relation to these goals. For example, if a goal is set for an employee to increase their productivity, the KPI would be employee productivity.

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Growth KPIs & Company OKRs: combining the two

Growth Hacker

Common issues with the Growth team’s OKRs: The growth KPIs might not have historical data to be built upon. Growth KPIs are usually changing. If the biggest opportunity right now is in acquisition, that’s the KPI of importance now. If the biggest opportunity is in retention, that’s the KPI of importance now.

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HR Business Partner: All You Need To Know About the Role

AIHR

The HR Business Partner function is constantly evolving, driven by emerging trends in the world of work and changes in the job market. The changing role of HRBP reflects the shift towards strategic HR management, data-driven decision-making, employee experience, talent management, and effective collaboration.

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