This document discusses human resource development and how it can be used to measurably impact business performance. It defines HR development as using data, deliberate methodology, and research to impact the bottom line through the HR function. The document outlines a strategic analysis process for HR development, including identifying the target market, unique value propositions, supporting employee behaviors, and aligning HR strategies. It also discusses identifying and closing performance gaps to better support organizational goals. The importance of using empirical research rather than just benchmarks is emphasized.
10. “An increase of one standard deviation in scores on a
„high-performance HR practices‟ scale was
associated with a 23 percent increase in accounting
profits and an 8 percent increase in economic
value.”
– Study by Mark Huselid
169. Copyright Info
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