No Department Is An Island: How HCM data allows HR and finance to partner on talent strategy and drive targeted business outcomes
No Department Is An Island: How HCM data allows HR and finance to partner on talent strategy and drive targeted business outcomes
16 PagesThis text discusses the critical partnership between HR and finance departments in leveraging Human Capital Management (HCM) data to shape talent strategies aligned with business outcomes. It underscores HR's evolution towards strategic roles focusing on organizational change and the future of work. The COVID-19 pandemic has highlighted the necessity for HR and finance collaboration for agility and adaptability in talent management. Despite obstacles like communication barriers and data access issues, integrating HR and finance can drive growth, align talent with corporate performance, and ensure strategic decision-making.
