Chapter Ten

Improving the World through Strategic HR

The past fifty years have seen companies make major advances in the methods used to manage business operations such as financial accounting and investment, information management, maintaining supply chains, managing manufacturing processes, and marketing products. But relatively few organizations apply the same rigor to processes used to maximize the value of their workforce. Due to the rapidly changing nature of work and the growing labor market skills shortages, we have now reached a point when human resource management can and must be given the same leadership attention and strategic focus that has been shown to other areas of business.

Here are a few of the reasons that companies need to ...

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