Research and Insights from the Center for Effective Organizations
As organizations plan for a future where COVID-19 is no longer a health threat, leaders are setting the stage for what is sometimes called “return to work.” Leaders are tempted to pronounce broad policies, that are often inconsistent from one organization to...
John W. Boudreau (CEO) and Peter M. Ramstad (Personnel Decisions International) explain that when it comes to their talent resources, organizations often have similar human capital programs across all business units (“build bench strength”, “improve retention,” “base rewards on performance”). Generic human capital allocations lead to non-optimal human capital investments, just like generic financial or marketing allocations.
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In this article, John W. Boudreau (CEO) and Peter M. Ramstad (Personnel Decisions International) extend earlier work by proposing a framework of four elements integrating HR measures within a system for achieving strategic organizational change.
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John W. Boudreau (CEO) and Peter M. Ramstad (Personnel Decisions International) state that identifying and acquiring talent is one of the most important processes in human resource management.
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John W. Boudreau (CEO) and Peter M. Ramstad (Personnel Decisions International) explain that the value and importance of human capital, or talent, is increasingly obvious to business leaders, yet they are increasingly frustrated by the current state of human resource (HR) management.
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John W. Boudreau (CEO) and Peter M. Ramstad (Personnel Decisions International) explain that the technical capabilities of human resource information systems (HRIS) are undeniable. HRIS vendors, service providers and their customers constantly find new ways to enhance the speed, capacity, accessibility and global reach of their systems.
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John W. Boudreau (CEO) and Peter M. Ramstad (Personnel Decisions International) share that there is no shortage of measures in human resources. Unfortunately to date these measures have had little impact on how effectively organizations manage human capital, the apparent and hidden talents of employees and potential employees.
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