HR being overlooked as strategic partners, report finds

The credibility gap is also present in HR teams, as the report found that only 52% of their functions are seen as strategic for the organisation.

In fact, the report found that many HR teams remain reactive and focused on compliance despite companies experiencing an average of four-and-a-half major business changes a year.

“The research confirms what many HR leaders already feel. HR is expected to drive transformation but is still treated like a support function,” said Amberly Dressler, Vice President of Corporate Marketing at isolved, in a statement.

HR teams’ business potential

The credibility gap comes despite the report finding that companies investing in the HR function achieve 34% better business outcomes over a five-year period.

These benefits contribute to innovation, market share, profitability, customer satisfaction, and competitiveness.