As the speed of business accelerates and competition intensifies, firms in nearly all industries are braving greater uncertainty and complexity. In the midst of such challenges, human resources have the potential to be an important asset by making certain that their organization has the human capital they need to vie and also the ability to react quickly to ever-changing environments. This is after all the age of speed.
HR leaders ought to assume a strategic role within their companies, instead of simply keeping busy with everyday processes such as policies, payroll, and birthdays. Moreover, hr leaders ought to try to make and strengthen a distinctive set of capabilities that provide a company its competitive advantage.