Over the years, data has supported the notion that culture eats strategy for breakfast. But then subsequent studies suggest that strategy is more important — it eats culture. This year is an interesting mix.
Based on surveys of business leaders and data on firm performance, strategy is again coming out on the winning end again, but with a twist. It is strategic human resource management that is winning the day.
The data suggest that focusing on strategic HR as a priority may have the biggest impact on improving firm performance in 2022. Diversity, equity and inclusion is also showing high potential to positively impact firm performance as well as individual employee energy, a measure of employee productivity and wellness.