Overall, world-class HR organizations are much more likely to pursue an integrated talent management approach than typical companies. They tightly integrate with business strategies and objectives, identifying skills that are needed by their company today and in the future, and often take a multi-year perspective that enables them to develop needed skills internally. World-class HR organizations have nearly twice the number of internal placements that typical companies have, and are also able to recruit staff externally much more quickly when necessary. Finally, they recognize the link between employee engagement and performance, and are far more rigorous in measuring it as well as providing people managers with the training and support they need to be effective.True Business Partnership The third differentiator of world-class HR organizations is their greater ability to align with business strategy. HR executives at world-class organizations have a seat at the table, and are universally involved in business planning. Less than half of typical companies make this same claim. Staff at world-class HR organizations are much more likely to be involved in activities requiring business-oriented skills, and HR staff overall are more engaged in managing and facilitating organizational change. An increased focus on measurement and analytics is another way that world-class HR organizations partner with the business more effectively. While only 20 percent of typical HR organizations report metrics for HR-managed projects, world-class HR organizations do this over 3 times more often. Also close to 80 percent of world-class HR organizations report organizational metrics for change initiatives. This helps HR leadership build credibility with executive management. According to The Hackett Group Senior Director of HR Advisory Nathalie Bression, "World-class HR organizations set themselves apart from the peer group by their commitment to operational excellence, their mastery of talent management, and their ability to act as true partners to the business. Achieving world-class performance isn't easy. But when a company's employees are truly in alignment with its current needs and long-term goals, the strategic benefit can be very real."
About The Hackett GroupThe Hackett Group (NASDAQ: HCKT), a global strategic business advisory and operations improvement consulting firm, is a leader in best practice advisory, business benchmarking, and transformation consulting services including strategy and operations, working capital management, and globalization advice. Utilizing best practices and implementation insights from more than 7,500 benchmarking studies, executives use The Hackett Group's empirically-based approach to quickly define and implement initiatives that enable world-class performance. Through its REL group, The Hackett Group offers working capital solutions focused on delivering significant cash flow improvements. Through its Archstone Consulting group, The Hackett Group offers Strategy & Operations consulting services in the Consumer and Industrial Products, Pharmaceutical, Manufacturing, and Financial Services industry sectors. Through its Hackett Technology Solutions group, The Hackett Group offers business application consulting services that help maximize returns on IT investments. The Hackett Group has completed benchmark studies with over 2,800 major corporations and government agencies, including 97% of the Dow Jones Industrials, 86% of the Fortune 100, 90% of the DAX 30 and 48% of the FTSE 100. More information on The Hackett Group is available: by phone at (770) 225-7300; by e-mail at email@example.com.