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The Evolution of Global Talent Management: From HR to Strategic Business Partner
Subject area: Management and Commerce · Area of research: Talent Management
Abstract
This article studies the evolution of Human Resources (HR) from a traditional administrative role to a strategic business partner, emphasizing its growing importance in driving organizational success. This discussion aims to analyze how the transformation of HR functions syncs with business strategy, focusing on the United States business world. The shift from traditional HR which primarily involved tasks like recruitment, payroll, and employee relations, to a strategic HR model, is listed as essential for addressing the demands of today?s competitive environment. By redefining HR roles to include active participation in business strategy, organizations can utilize talent acquisition and development as key drivers of business growth. The article described the importance of strategic HR practices such as leadership development, employee engagement, and the use of HR analytics, in developing creativity, managing change, and ensuring long-term success. Finally, this evolution shows the necessity of a strategic HR approach in maintaining a competitive edge in both U.S. and global markets.
Keywords
Human Resource, Business Strategy, Strategic Human Resource Management
How to cite this paper
@article{1706697,
author = {Oladapo Adewunmi},
title = {The Evolution of Global Talent Management: From HR to Strategic Business Partner},
journal = {Iconic Research And Engineering Journals},
year = {2024},
volume = {8},
number = {6},
pages = {946-955},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1706697.pdf},
abstract = {This article studies the evolution of Human Resources (HR) from a traditional administrative role to a strategic business partner, emphasizing its growing importance in driving organizational success. This discussion aims to analyze how the transformation of HR functions syncs with business strategy, focusing on the United States business world. The shift from traditional HR which primarily involved tasks like recruitment, payroll, and employee relations, to a strategic HR model, is listed as essential for addressing the demands of today?s competitive environment. By redefining HR roles to include active participation in business strategy, organizations can utilize talent acquisition and development as key drivers of business growth. The article described the importance of strategic HR practices such as leadership development, employee engagement, and the use of HR analytics, in developing creativity, managing change, and ensuring long-term success. Finally, this evolution shows the necessity of a strategic HR approach in maintaining a competitive edge in both U.S. and global markets.},
keywords = {Human Resource, Business Strategy, Strategic Human Resource Management},
month = {December},
}