Step 1- Understanding the Case for HR as a Profit Center.
Today I will begin the posting of thought leadership concepts based on my soon to be published new book “Transforming Your HR Department Into A Profit Center- A Step by Step Guide for CEOs and Their Leadership Teams”.
While I will be addressing the CEO throughout these posts, I am
also including in my readership of COOs, CFOs, and HR, as the book is
intended for top level leadership. There are messages and important lessons to take away for anyone in those roles.
If you are in HR, these posts will give you many best practices that you can share with your CEO and help to influence them towards the adoption of them.
There are 6 steps in the HR transformation process. Step 1 is Understanding the Case for HR as a Profit Center.
The below equation is the underpinning of HR as a profit center. It’s actually quite simple to understand but not as easy to strategically and tactically execute. In my weekly posts I will be explaining how to turn this equation into reality.
Next week I will be discussing an interview I conducted with a CEO
who shares his views on whether HR can be a profit center. #transforminghr #rosengroup
