HR as a Strategic Business Partner

Human Resources Management

Best Practices
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?

  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.

  Bola Michael
Management Consultant, United Kingdom
 

HR as Strategic Business Partner

Thanks Luis, that's a brilliant idea. I am planni...

  Ullhas Pagey
CxO / Board, India
 

HR as a strategic Partner

To the extent you can co-relate the impact of your...

  Luis R. Villegas H.
Consultant, Mexico
 

HR Strategic Business Partner

Probably I did not understand your issue. But Dave...

  Ludwig G, Germany
 

SHRM

First consider (and discuss) if the organization i...

  Jaap de Jonge
Editor, Netherlands
 

Strategic Human Resource Management

Good points... Yet another angle to Strategic Huma...

  Bongani, South Africa
 

Strategic Human Resource Management Questions

Hi all, what's also really fundamental to Strategi...

  D P BABU
Strategy Consultant, India
 

Diagnosing HR as a Strategic Business Partner

The expected end result of the diagnosis process i...

  Emmanuel Guobadia
HR Consultant, Nigeria
 

HR Business Partnering versus HR Shared Service Center

Hi Bola, the HR Business Partnering approach is a ...

  Natasha Shabdeen
Manager, Bermuda
 

HR Shared Services Model

@Emmanuel Guobadia: Hi, I am very interested in le...

   

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