Show me the money. Although sports agent Jerry Maguire provided a different style of human capital management, the words ring true. When it comes to HR contributing to the bottom line, weve seen the business value of talent management as have a number of independent analysts and studies. Now there are more proof points that deliver evidence of the growing impact.
The Conference Boards Evidence-Based HR in Action describes how Taleo customer Hewlett-Packard and others are using a methodology called Evidence Based Human Resources (EBHR) to demonstrate the connection between HR and business performance.
EBHR begins with the notion that talent drives performance. Starting with the financial and organizational performance measures, HR professionals then identify human capital strategies that empirically drive the desired outcomes.
That sounds familiarin fact, talent drives performance is Taleos tagline.
Supporting this connection between HR and business performance in the Age of Talent, two Harvard MBAs explain why HR is the place to be in Why Did We Ever Go Into HR?
HR today sits smack-dab in the middle of the most compelling competitive battleground in business, where companies deploy and fight over that most valuable of resources”workforce talent.
The New HR they describe has evolved to the unified talent management platform and executes with a keen understanding of how talent aligns to the business. They describe a transformed function that creates value, nurtures intellectual capital, connects people, engages employees, and channels peoples strengths.
