Increasing the strategic role of HR: the importance of macro-economic conditions
Human Resource Management International Digest
ISSN: 0967-0734
Article publication date: 12 March 2018
Issue publication date: 12 March 2018
Abstract
Purpose
The purpose of this paper is to introduce notions for increasing the strategic position of the HR function by outlining the influence that macro-economic trends play on the role of the function and the success of its initiatives. The main focus is on how HR can over time change with economic cycles to add tangible value and drive strategic conversations.
Design/methodology/approach
This argument is split into three sections: the importance of strategic considerations for change, macro-economic trends and HR, and HR’s increased input to business strategy. It looks at the work of key theorists in change management, analyzes the history of HR and develops these arguments into conclusions about how to improve HR’s strategic role.
Findings
Key theories of change management demonstrate that strategy is critical to the success of change projects. This means encompassing both internal and external factors affecting a business. By examining the historical development of HR it is clear to see that macro-economic trends are a significant external factor that is not often investigated by HR. If HR can harness this information, they will be able to implement proactive initiatives and drive strategic conversations.
Originality/value
The notions outlined in this paper identify a significant factor for the success of HR that is not often investigated by the function, allowing HR to implement more effective initiatives at optimal times.
Keywords
Citation
Morris, A. (2018), "Increasing the strategic role of HR: the importance of macro-economic conditions", Human Resource Management International Digest, Vol. 26 No. 2, pp. 1-2. https://doi.org/10.1108/HRMID-03-2017-0056
Publisher
:Emerald Publishing Limited
Copyright © 2018, Emerald Publishing Limited