Tuesday, January 11, 2005

HR struggling with metrics

A survey by The Conference Board looks at the shift towards implementation of HR metrics that link to company strategic targets, but points out that there is a long way to go. It notes that:

The survey shows that companies are still struggling to mesh people metrics with overall corporate goals. Only 31 percent of survey participants say that HR executives in their companies have a strong understanding of strategic key performance indicators. Even fewer (25 percent) surveyed consider their HR leaders capable of linking people measures to such indicators or (16 percent) believe that HR professionals receive extensive training to connect people measures to strategy.

While 51 percent of survey participants say that the HR professionals in their companies are partially capable of identifying talent critical for implementing strategy, only 22 percent say these executives are fully able to identify strategic talent pools.

A full report is available to buy.