HR has a role in helping organizations effectively address change

Corporations are struggling to address fundamental challenges pertaining to growth, operational performance, financial risk, regulation, and emerging trends. As a result, HR groups now have a unique opportunity to enhance their value — and credibility — by aligning their initiatives to squarely address these challenges. By identifying your organization's primary business challenge, and then determining which HR issues are most relevant, you'll be able to access best practice ideas to help address them.

The Five Business Challenges

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• Planning and Executing for Growth
  Corporate growth can be organic, or achieved through mergers or acquisitions. Make sure that your HR plans meet your organization's growth needs.
• Sustaining Operational Performance
  Are cost management, employee productivity, or customer retention major concerns? Explore these topics.
• Impact of New Financial Risks
  Markets are volatile and your HR and benefits programs need to be structured to effectively manage the corresponding risk. Learn about the newest approaches.
• Managing Through Increased Regulation
  Health care, compensation, and other benefit policy reforms are increasing compliance risk, and altering employee behaviors. Understand the implications.
• Operating in New Paradigms
  Workforce diversity, emerging technology, going "green" . . . it's a whole new world. Formulate your plans.

For updates on our thinking and our approach to the five business challenges, subscribe to our monthly eNewsletter, Hewitt Edge.