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Linking HR & Business — Latest Trend in MNC’s !!

Posted on: October 11, 2011

HR SHIFTS TO CORE AS TRADE PARTNER:

 

  • New Value Proposition: The Performance of HR Managers is now linked to profitability at an increasing number of companies.
  • Where HR meets Business :
    • BECTON DICKINSON:
      • Sends the HR manager out in the market with the sales team as part of its efforts to set up a shared service centre for HR.
    • MPHASIS’S :
      • Chief of HR is working on a project on business operations to streamline the processes and improve profitability.
    • HINDUJA GLOBAL:
      • It has asked its HR managers across delivery centres to better acquaint themselves with operational and commercial issues.
    • ESSAR GROUP:
      • Has linked the KRAs of HR managers to value creation and Business Leadership goals.
    • GODREJ CONSUMER:
      • Products has formed a separate HR team Headed by a general manager to drive productivity of sales force and create a future- ready sales organization.
    • HR-Business link in line with the new Wave of thinking on composite leadership.
  •  The trend is still many years to go before it becomes an Industry-wide phenomenon, seen taking shape mainly in MNCs.

 

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