The document discusses how empowering HR can enable business growth. It outlines the many roles of HR in areas like talent acquisition, policies, payroll, etc. It then discusses how HR can shape an organization through vision/mission setting, organization design, and performance management systems. Finally, it provides recommendations for empowering HR, including understanding the organizational framework, focusing on business impact, standardizing SOPs, leveraging tools/systems, and establishing a strong policy framework. The overall message is that empowering HR through strategic focus, alignment with business goals, and standard processes can help drive organizational growth.
6. Empowering HR for Business Growth
Business
Growth
Revenue
Growth
Business
Expansion
New
Business
Vertical
New
Acquisitions
Mergers &
Acquisitions
7. Empowering HR for Business Growth
Vision
Mission
Values
It conveys the company’s
objectives to all its
stakeholders and clarify
the identity of the
company
Desired future position of
the organization
What are the business
objectives and how to
reach those objectives
8. Empowering HR for Business Growth
Outcome of Vision, Mission & Values from HR Perspective
Competency of the Organization
SOPs Formulations
Compliances
Culture & Diversity
Finance and Budget
9. Empowering HR for Business Growth
Organisation Design
Organisation Structure Job Description Job Banding
IC
PM
V/S
Authority Responsibility Matrix
10. Empowering HR for Business Growth
Outcome of Organization Design
Organization Structure
Unique Roles
Duties and Responsibilities of each unique roles
Job / Salary Band
Manpower Requirement
11. Empowering HR for Business Growth
Performance Management System
Functional Scorecard
It cascades from the Corporate
Scorecard. It defines the Function
specific strategic areas aligned with
the corporate strategy
Corporate Scorecard
This scorecard gets defined based on
the Strategic Focus Areas and Overall
Direction of the organization
Individual Scorecard
It cascades from the Functional
Scorecards. It defines measuring
standards of performance aligned
with the functional goals
13. Empowering HR for Business Growth
How HR can be
Empowered for Business
Growth?
14. Empowering HR for Business Growth
• Understanding of Mission,Vision &Value Statement w.r.t. HR initiatives
• Understanding of Financials of theOrganization
• Knowledge of decision-making nodes of the organization
Overall understanding of the Organizational Framework
The Big Picture
15. Empowering HR for Business Growth
Business Impact
• Understanding how HR processes impact business / financials
• Evaluating controls points of HR on business decisions
• Branding HR internally as a revenue function through data and results
• Focus should be more strategic than operational
Impact of HR processes on business growth
16. Empowering HR for Business Growth
HR SOPs
• Formulating SOPs which supports flexibility and innovation
• Alignment of SOPs with Mission,Vision &Values
• SOPs should make business process simple rather than making it complex
Standard HR SOPs benchmarked with the best practices
17. Empowering HR for Business Growth
HR Tools & Systems
ERP
HRMIS
HRAnalytics
AI based tools
Knowledge of HR tools and their implication in decision making
18. Empowering HR for Business Growth
Policy Framework
• A strong knowledge of HR Policies and existing laws governing policies
• Impact of Policies on different business processes
• Understanding loopholes in policies and fixing them
HR Policy Framework