Over the years HR organizations have made significant progress in reducing costs and improving operating effectiveness through HR system and process improvements, employee self-service, shared services, and outsourcing. But that is just part of the value HR Transformation can deliver. The next big step for HR is to help the business achieve its strategic objectives for performance and growth and create more value. How you begin your HR transformation journey has a big impact on how it turns out. Go in focused only on HR operations, and you will disappoint almost everyone. Go in focused on what’s next – what can be done to define a more powerful future for the business, such as HR strategy, process and operations, technology, and sourcing – and you will deliver what the organization really needs.
HR Transformation Strategy & Planning
We help our clients take a broader view of what it means to transform HR and become a High Impact HR organization. This encompasses not only improving HR processes–but also looking strategically at how HR can better support business needs and create value for the organization. Often this involves the use of enabling technologies, employee engagement tools, advanced workforce planning and analytics that provide insight into what lies ahead.
It’s a powerful combination to be able to drive alignment with the business, improve organizational and HR performance and establish a culture focused on adding business value. That is what the new generation of HR Transformation is all about.
Mergers, Acquisitions & Restructuring
Many companies today seek to drive growth and competitive advantage by entering emerging markets or new geographies; other companies may strive to continuously improve existing products or innovate new products, necessitating new capabilities and technologies and raising questions such as whether to buy, build, or engage in a joint venture. The trend toward continuous evolution and innovation is redefining the M&A marketplace, making strategic acquisitions a critical driver of growth and enhanced shareholder value.
Deloitte’s professionals assist clients in all phases of the M&A lifecycle with a unique emphasize on the critical value of Human Resources throughout the transaction life cycle. We draw upon experience and our global network to advise clients on how to enable growth, support value capture and bring the business together. Our subject matter experience includes traditional Human Resources subjects, as follows: Total Rewards, HR Transformation and Organization & Talent Development.