01/17/2024

Strategy Today and HR's Growing Influence

HR is being tasked with improving professional development, RTO policies

Human resources (HR) departments will play a stronger role in hybrid and remote workplace policies, leadership training, and overall organizational strategy in 2024, according to a new report.

HR Trends Report 2024, published last week by HR consultancy McLean & Company, is based on a survey of more than 1,700 business professionals in September. The report highlights the increased role the HR function has in organizations: For instance, 50 percent of respondents say HR is “a partner in planning and executing organizational strategy," an increase from 36 percent in 2021.

Much of that increase is due to an increased need to retain key employees, said Will Howard, director of HR research and advisory services at McLean & Company. "It's been harder to hire and find the skills that organizations need to succeed," he said. "So there's been a recognition that we need to retain the folks we have, upskill the folks we have, invest more in those people. And obviously HR is the most important partner for everything related to that."

Please select this link to read the complete article from Associations Now.