I found this article through Google. The web-site I visited had relevant information to this unit’s reading and had other valuable information that I read and discovered in this article about the business impact. There is a significant opportunity for business impact for a company’s workforce that has become increasingly important to their business success. They are now focusing on their people work force as a critical competitive value and one of their top priorities.
The company has conducted a survey for the feedback retaining skilled staff and finding new ways to develop and achieve high performances in the future. The growing of the company is important and to be taken seriously as a key to the overall direction and their mission of the business. The executives believe that the HR organization has taken strides toward becoming more strategic and will have an effective guide to become a high-performance business. This is true even of those functions deemed most important to the organization: sales, customer service, strategic planning and finance.
The survey reveals that across geographies and industries, most companies still struggle to build industry-leading workforce skills and ensure that their employees understand the company’s overall strategy and what it takes to excel in the organization’s chosen markets (Balaguer, Cheese, Marchetti, 2006). Companies need to have performances that are high and that develop better focused HR organizations to have a more positive impact on the overall business. These companies need to address all the aspects of management by recruiting, career development, and performance measurements to learning, rewards, recognition and compensation. The HR and learning functions, in turn, must b ...