Centralization is the Key
With the rapid advances in information technology, a tighter labor market with higher recruitment and retention efforts by employers together with an increasingly mobile workforce in a global market place, the face of the Human Resources function has changed forever. All these influences represent both challenges and opportunities for all management functions and especially for Human Resources, with employees’ skills and knowledge becoming the key factor to success in today’s very competitive marketplace.
HR Professionals are being asked to do more with less, to do different work and to do it better, which puts them under greater pressure to redefine their roles and reevaluate their structure. In today’s business environment, the HR function must not only be focused on the workplace but also the marketplace and linked directly to the core business strategy. In order to achieve this, the HR department should be an integrated unit within the business and therefore centralized.
