TITLE

Streamlining HR Processes to Improve ROI

AUTHOR(S)
Hackney, Skip
PUB. DATE
November 2003
SOURCE
Financial Executive;Nov2003, Vol. 19 Issue 8, p40
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article focuses on the need for a point solution approach to balance insourcing and outsourcing for the human resource efficiency of a company. The author presents a discussion on enterprise resource planning (ERP) system and total outsourcing, noting that these are two approaches that are often chosen by companies who are looking to streamline their human resource process. The author discusses some of the factors to be considered in upgrading ERP, such as is the investment actually worth the money and effort. The author also examines the benefits of streamlining human resource processes, noting that it allows the department to focus on more important issues such as talent recruitment and management. INSET: The Finance Angle.
ACCESSION #
11545733

 

Related Articles

  • CAPITAL MANAGEMENT. KEY TO LINKING STRATEGY AND VALUE GROWTH. Kissel, Neal; Reynolds, John // Financial Executive;Sep2003, Vol. 19 Issue 6, p36 

    In this article the author examines how successful capital management is the key to linking an organization's strategy with value growth. The author points to a study that examined some of the top performing companies in the world and found that one of the prevailing notions about operating a...

  • DISAGGREGATION AND RESOURCE ALLOCATION USING CONVEX KNAPSAK PROBLEMS WITH BOUNDED VARIABLES. Bitran, Gabriel R.; Hax, Arnoldo C. // Management Science;Apr1981, Vol. 27 Issue 4, p431 

    The allocation of a specific amount of a given resource among competitive alternatives can often be modelled as a knapsack problem. This model formulation is extremely efficient because it allows convex cost representation with bounded variables to be solved without great computational efforts....

  • BUDGETING AS A COMPETITIVE ADVANTAGE. JEHLE, KATHRYN // Strategic Finance;Oct99, Vol. 81 Issue 4, p54 

    The article discusses the impact of effective budgeting on a firm's competitive advantage. A corporate budget is designed to allocate resources to achieve a firm's strategy and objectives and provide a forum for making decisions related to those allocations. It provides the goals and benchmarks...

  • Mergers and the Performance of the Acquiring Firm. Lubatkin, Michael // Academy of Management Review;Apr1983, Vol. 8 Issue 2, p218 

    Do mergers provide real benefits to acquiring firms? If not, as empirical studies completed mostly in the field of finance conclude, then why do firms continue to merge? If mergers do provide real benefits, as the literature of industrial organizations and strategic management suggest, then why...

  • 'Cuts could create outsourcing boom.'. Churchard, Claire // People Management;4/22/2010, p6 

    The article reports on the possibility for the demand for human resource outsourcing services to increase after the election in Great Britain in 2010.

  • Mergers, acquisitions and takeovers: maintaining morale of survivors and protecting employees. Gutknecht, John E.; Keys, J. Bernard // Academy of Management Executive;Aug93, Vol. 7 Issue 3, p26 

    Acquiring and merging companies are beginning to realize that maintaining the morale of surviving managers is vital to the successful conclusion of an ownership changeover. Downsizing, layoffs, and their concurring increased workload may, however, have some positive effects on the remaining...

  • PROFESSIONAL EMPLOYER ORGANIZATIONS AND THEIR IMPACT ON HR OUTCOMES: A FIELD STUDY OF HR OUTSOURCING IN SMALL AND MEDIUM ENTERPRISES. KLAAS, BRIAN S.; GAINEY, THOMAS W.; MCCLENDON, JOHN; HYEUKSUENG YANG // Academy of Management Proceedings & Membership Directory;2002, pE1 

    While HR programs and services are important to organizations large and small, small and medium enterprises (SMEs) are often limited in their ability to provide HR services using internal resources. As a result, SMEs increasingly outsource HR activities by establishing co-employment...

  • Outsourcing of Human Resource Activities: A Case Study on Enroute International Ltd. Hossain, Maksuda; Ahmed, Mozumdar Arifa // Amity Global HRM Review;Sep2014, Vol. 4, p72 

    Previously, though, the term "outsourcing" is frequently used in IT sectors, but at present, it has joined its identity with Human Resource activities also. Outsourcing of Human Resources, in recent years, has grown mere a "craze". Generally, when a company designates certain human resource...

  • AN INDEX OF HEALTH: AN APPLICATION IN ACCIDENTS. Krall, John Morton // Management Science;Aug1972, Vol. 18 Issue 12, pB-744 

    This paper presents an index of health which is based on a multiple decrement model. The index is defined in terms of costs and benefits which are weighted sums of losses and gains experienced in a population due to poor or good health. The index of health is then applied to a farm accident...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics