A HR Audit will determine if:
• HR Strategy is linked to the organizational goals and objectives thus providing the linkage necessary to be high performing
• HR Metrics are being utilized to track HR performance making sure HR is effective and efficient
• Policies and procedures are compliant and are being consistently implemented throughout the organization to prevent unwanted legal exposure
• The Performance management program is measuring the competencies that make your organization successful
• Recruiting processes are yielding high quality talent based on your organizational competencies
By taking the time now to determine what can be done to save costs and improve productivity, HR can focus on adding value during this economic downturn. The pressure of adding value to the organization will be heightened as top executives have to make sure that systems are streamlined, customers are served and profits are protected. Now, more than ever HR must be focused on those activities that can add to the top line, protect the bottom line and increase productivity.
Source2 Comments on “It’s a Great Time for an HR Audit”
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Posted on 13. October 2008 at 23:20
Perfect timing……..am glad I read this as we are working in my co to set up an HR audit. I would add that relooking at the employee engagement and communication initiatives would be a good idea. Another thought is to look at C&B budgets and practices as well especially as the market might have slowed down.
Posted on 14. October 2008 at 04:23
Pravenna:
I agree with all of your points. I thought of another piece as well…Training. I am see more and more training departments falling under HR again due to downsizing, so making sure training is tighly linked to competencies as well…Thanks for your comment!