What would you do if you had a Human Resources employee who could improve the company’s profit margins, positively impact the cost of goods sold, lower the day’s sales outstanding, and increase the price/earning ratio while liquidating overhead costs to the business - and still deliver flawless transactional and traditional HR services?
Most CEO’s would react in two ways:
- Why is this individual wasting his/her time in an HR department?
- Why didn’t I demand this level of HR department performance five years ago?
The concept of the Human Resources department as a profitability contributor is fast gaining currency in UK businesses and bears closer examination. Of executives surveyed, 20% currently use the HR department as active and innovative business solution
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