Elevating the HR Function in Human Resource. In recent years, interest in human capital as a strategic resource of the firm has created new streams of research oriented on the value of strategic human resource management, high performance work systems, and human capital as resource of the firm for competitive advantage. The Chief Human Resource Officer (CHRO) serves as the steward of human capital of the firm, yet little is known about the nature and impact of this critical role that is charged with building strategic advantage with the human capital resources of the firm. Over the past decade the CHRO has risen to take a prominent seat as a part of the Top Management Team (TMT) in firms today. This research consists of three separate studies to further our understanding of the role and impact of the CHRO.
Elevating the HR Function in Human Resource
In Chapter 1 of The Talent Masters, Conaty and Charan recount a story about “Sue” that illustrates how a strong alignment between HR and senior leadership should work. They follow this example with an outline of 7 principles which are critical to developing talent and earning HR a “seat at the table.”
After reading this story and reflecting on the principles, answer the following questions:
• How well do these 7 principles, if properly implemented, address the concerns raised in this week’s readings? Cite specific examples to support your position.
• Rank these 7 principles from 1 (easiest) to 7 (most difficult), based on how easily a company could implement them. Explain the rationale for your rankings.
• If you had to choose just one of these principles that would have the greatest positive impact on your own organization, which would it be and why?
RESOURCE: please use and include
Conaty, B.l & Charan, R. (2010). Talent Masters: Why Smart Leaders Put People Before Numbers. Crown Publishing Group. ISBN 978-0-307-46026-4*