In this years second edition of the Pan-European HR Barometer, produced by Hewitt Associates for the European Club for human resources (EChr), findings show HR in large firms is having an impact on the business. Much like last year, the study pointed to talent management as the leading way for HR to drive business performance.

HR-related activities which have the highest positive impact on the business performance of the company:

Survey respondents expect an even greater emphasis on talent management over the next three years. notes a Personneltoday.com article. Leonardo Sforza, the committee chairman of the study, comments: “The conditions are there for a definitive shift of HR from being a cost administrative centre to becoming an agent to drive business performance across an organisation.”

With the emphasis on talent management as the primary driver of improved business performance, we see technology providing the means to accomplish the goals of improved professional efficiency and more strategic business contributions.