The latest Corporate Executive Board HR Practice: 2007 survey from the organisation’s programme the Corporate Leadership Council found that 87% of HR executives were unhappy about the strategic impact their functions made on the company, including the ineffective management of human capital assets.
In addition, 60% of front line managers surveyed by the Learning and Development Roundtable found managers under-perform during their first two years, driving performance gaps and staff turnover across the entire front line.
“Targeted skills upgrades, new hiring profiles, competencies management and career path strategies” will help organisations improve management and business impact, according to the Corporate Leadership Council.
The Corporate Executive Board’s HR Practice will meet with members in several locations across the US and Europe during the remainder of this year to discuss the report’s findings and other areas of concern, including the effectiveness of wellbeing strategies on employees’ health.