2010 opens new opportunities to align HR strategy with business objectives
A study designed and carried out for the European Club for human resources (EChr) by Hewitt Associates has revealed that HR leaders foresee a better but still challenging outlook for 2010.
On the upside, HR plans to take the opportunity to measure and leverage HR's value to the business more effectively. On the downside however, concerns remain regarding productivity gaps, workforce adequacy, and rigorousness in people management policy implementation.
Leonardo Sforza, head of EU affairs and research at Hewitt Associates and author of the study, said:
"Our study of European HR leaders shows 2010 emerging as a true year of transition during which companies are looking to improve their competitiveness and prepare for a post-crisis environment. This is leading to a greater balance between more "defensive" measures –such as those aiming to reduce production, workforce costs and capacity– and "growth" initiatives aiming to upgrade productivity, talent and leadership capabilities, or to explore new opportunities for mergers and acquisitions."
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