HR as a Strategic Business Partner

      
			              Best Practices
			            
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		            		Bola Michael
Management Consultant, United Kingdom
			            
HR as a Strategic Business Partner

	          		I am carrying out a diagnosis on my organisation to find out how HR as a strategic business partner can lead to competitive advantage. Does anyone have an idea how to go about it?
				      
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						            	Luis R. Villegas H.
Consultant, Mexico
												
				                Strategic Business Partner.

													Since a "competitive advantage" today is very much related to the intangible benefits that an asset can bring to your company, I would analyse each potential partner against the 4 major Balanced Scorecard perspectives: Financial, Customer, Business Process and Learning and Growth.

I would create a "Strategic Partner Selection Matrix": The rows would be the potential partners; the columns would be the sets of criteria for selection in each of the 4 perspectives mentioned above.

When you create the sets of criteria for each perspective, remember that the objective is to know how a potential business partner can impact your organisation. If you grade your potential partners in all the criteria you will be able to determine which is the best.

A tip: You may build the criteria sets from the performance measures already defined within your company.

Any doubts? Do not hesitate to ask.
				                
										              0

						            	Bola Michael
Management Consultant, United Kingdom
												
				                HR as Strategic Business Partner

													Thanks Luis,  that's a brilliant idea. I am planning to measure my organisation HR based on the Ulri... Sign up
				              
										              1

						            	Ullhas Pagey
CxO / Board, India
												
				                HR as a strategic Partner

													To the extent you can co-relate the impact of your HR interventions with the top line and bottom lin... Sign up
				              
										              0

						            	Luis R. Villegas H.
Consultant, Mexico
												
				                HR Strategic Business Partner

													Probably I did not understand your issue. But Dave Ulrich's philosophy about HR as Strategic Busines... Sign up
				              
										              2

						            	Ludwig G, Germany
												
				                SHRM

													First consider (and discuss) if the organization is adopting a shareholder value view or a stakehold... Sign up
				              
										              2

						            	Jaap de Jonge
Editor, Netherlands
												
				                Strategic Human Resource Management

													Good points... Yet another angle to Strategic Human Resource Management is presented by the RBV of B... Sign up
				              
										              3

						            	Bongani, South Africa
												
				                Strategic Human Resource Management Questions

													Hi all, what's also really fundamental to Strategic HR is a comprehensive look into the entire emplo... Sign up
				              
										              0

						            	D P BABU
Strategy Consultant, India
												
				                Diagnosing HR as a Strategic Business Partner

													The expected end result of the diagnosis process is to ensure whether the workforce is committed to ... Sign up
				              
										              2

						            	Emmanuel Guobadia
Management Consultant, Nigeria
												
				                HR Business Partnering versus HR Shared Service Center

													Hi Bola, the HR Business Partnering approach is a way of assigning or seconding HR Executives to the... Sign up
				              
										              0

						            	Natasha Shabdeen
Manager, Bermuda
												
				                HR Shared Services Model

													@Emmanuel Guobadia: Hi, I am very interested in learning more about the HR Shared Services model you... Sign up
				              
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