The Role of HR in Uncertain Times (Economist Intelligence Unit Report)
The current business environment is demanding a great deal of workers around the globe. The practice of doing "more with less" has become the modus operandi in most businesses and business areas, perhaps nowhere more so than in human resources (HR) divisions. HR is being stretched and pulled every which way to meet challenging goals within unprecedented resource constraints. This paper examines how HR organizations are navigating this gruelling business climate; the obstacles and challenges they face; and the areas in which they might find opportunities to develop and be more widely recognised as business-critical partners. The findings within this paper are based on a global survey conducted by the Economist Intelligence Unit in March of 2009.