Implementing High-Impact, Low-Cost HR Strategies

Author: Brightmine Editorial Team

Introduction

Organizations are under constant pressure to optimize resources, drive performance and achieve success. Human Resources plays a crucial role in helping guide the strategy and methods employers choose to achieve those objectives. Although HR is often viewed as a cost center, innovative HR professionals can redefine the value proposition of HR through high-impact, low-cost strategies.

High-impact HR is characterized by adaptability, innovation and creating value for stakeholders. It empowers business leaders, employees and HR by coordinating and reshaping traditional roles and responsibilities within HR and embracing customization and incorporating automation and digital tools to maximize value.

Adopting a high-impact, low-cost HR approach provides significant advantages to an organization over its competitors and helps drive successful business outcomes.

This guide defines high-impact, low-cost HR and explains how organizations can use high-impact, low-cost HR strategies to optimize resources, increase efficiency and drive organizational success.