In today's marketplace, most human resource departments are required to do more than act as benefit consultants during open enrollment season and bring new employees up to speed. Those that employ a strategic human resource system to engage employees and forward a company’s goals may well be ahead of the trend when it comes to HR management, according to Software Advice.
Strategic HR flips older business models on their head. Managers are not puppet masters controlling their team, but rather motivators that make it easier for staff to exceed customer expectations. Communication is not shared in a trickle down way, but through one-on-one adult conversations, according to Forbes.
Businesses that adopt this model of operating have historically gained from it financially. Companies like Apple and Amazon both saw huge gains in share prices after overhauling their HR systems to make way for strategic management, according to the source.
Companies like Intel use strategic HR management systems to engage their employees and keep them committed to, and happy with, the company. By making small perks available – like family events, game nights and wellness checks – Intel is able to retain top talent and maintain a positive workforce, Forbes reports.
