'Further Developing the Workforce Must be HR's Top Priority in 2009,' says NorthgateArinso.Identifies Nine Challenges Facing HR Teams This Year ATLANTA -- In the challenging economic environment, the war for talent will continue, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. leading HR services provider, NorthgateArinso. It is calling for HR professionals to be creative in how they develop the workforce, both in quality and quantity, to support organizations through the recession. NorthgateArinso has identified nine business challenges that HR teams must prepare for and overcome in order to secure the future success of their company. Nine challenges in 2009: 1. Competing in the global economy 2. Managing and motivating 'talent' 3. Positioning the company as an employer of choice - whatever the economic circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or 4. Identifying new delivery models, such as HR 'on-demand' 5. Using new technologies to support 'social innovation' 6. Developing the leaders of tomorrow 7. Making the right decisions on sourcing HR solutions and services 8. Reducing bottom-line costs 9. Providing accurate analytic an·a·lyt·ic or an·a·lyt·i·cal adj. 1. Of or relating to analysis or analytics. 2. Expert in or using analysis, especially one who thinks in a logical manner. 3. Psychoanalytic. data to the business Although cost reduction will be the main item on most business agendas, HR teams must tailor their activities to reflect external influences and develop the most valuable asset of the company: the people. NorthgateArinso has warned that reductions through staff cuts following the credit crunch Credit Crunch An economic condition whereby investment capital is difficult to obtain. Banks and investors become weary of lending funds to corporations thereby driving up the price of debt products for borrowers. can have a negative impact on the vitality vi·tal·i·ty n. 1. The capacity to live, grow, or develop. 2. Physical or intellectual vigor; energy. of a company in the long-term. As the workforce is considered the most valuable asset of a company, HR managers need to provide senior management with reliable information and strategic analysis to support overall business objectives. HR plays a crucial role in helping companies to survive the credit crunch and secure future success. "HR teams are moving from providing a service to being a strategic partner in the business, and this will continue in 2009," said Kay KAY Kick Ass Year KAY Kansas Association of Youth Mason, President of NorthgateArinso, US. "More than ever, external factors have a massive impact and companies should unite internal forces to differentiate themselves in today's turbulent and challenging world economy." The relevance of these HR challenges differs for every company. For a successful HR strategy, it is crucial for each company to put them in the context of their own business. "From the key trends influencing Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. Management, we have identified these nine main challenges facing HR teams, based on our experience and market observations," concluded Luc Bossaert, EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition Business Development. "Companies that have plans in place to address these areas will be the winners." About NorthgateArinso NorthgateArinso, the HR division of Northgate Information Solutions Please help [ convert this timeline] into prose or, if necessary, a . , was created in 2007 following the acquisition of ARINSO International, thus creating a merged entity with more than half a century of combined HR expertise. NorthgateArinso is a leading global Human Resources software and services provider offering innovative HR business solutions to employers of all sizes, including Global Fortune[TM] 500 companies and many public sector organizations. Our vision is simple: we want to be the trusted partner of HR decision makers for improving HR service delivery through smarter processes and more efficient technologies. We help HR executives optimize optimize - optimisation their HR service delivery through smarter process and more efficient technology, supporting key HR areas like workforce administration, payroll, benefits, recruitment, learning, and talent management. NorthgateArinso's 4,500 employees are dedicated to HR excellence through strategic business consulting, best-of-breed software solutions, outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. services and systems integration. NorthgateArinso has offices in 32 countries on 5 continents. www.northgatearinso.com |
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