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Article: Growing numbers of HR professionals influence business direction.
- Article from:
- Employee Benefit News
- Article date:
- November 1, 2003
- Author:
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Recent research indicates that Human Resource competencies and practices account for 10% of business financial performance, underscoring the growing role HR personnel play in determining the strategic direction of their respective organizations.
As commissioned by the University of Michigan Business School - in conjunction with the Society for Human Resource Management (SHRM) and Global Consulting Alliance - the research, dubbed The New HR Agenda: 2002 Human Resource Competency Study (HRCS), identified five core competencies for HR professionals. The categories critical to high-performing HR execs include strategic contribution, business knowledge, personal ...