Metrics are the key to effective business strategy

How are the best HR functions using metrics to inform and execute business strategy? Will HR ever add value to the business strategy through its development and execution of people strategy?  If so, how will it prove it, and what are the benefits of being able to provide such proof?
We at Orion Partners decided that these questions had been vexing our clients for too long, without clear answers or guidance on how to go about using “human capital management” metrics to inform and develop the organisational and people elements of their business strategy, and monitor the execution of that strategy. This led us to conduct a piece of research to look at what companies are currently doing to measure HR’s contribution to the business strategy. This article looks at our research, sample findings, and Orion’s view of what the best companies are doing to formulate and execute strategy using Metrics. We also give some ideas about how this can be replicated across all organisations.

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