Why HR Standards are Important
This is your HR News Flash, your briefing on talent management and the world of work from HRCI.
Last year, the Securities and Exchange Commission mandated human capital disclosure requirements for publicly traded organizations. This elevated human resources to a new level of strategic value. Here is how the standards are validating strategic HR’s business value to the organization.
First, HR is a profession not a single individual.
HR is about the profession not the individual. As a profession, HR leads to universally acknowledged credentials and experience. A set of generally accepted principles systematizes professional practices and creates a baseline for HR to work from.
Second, adopt continuous improvement.
HR standards measure your professional progress as well as your organization’s HR and leaders business effectiveness and creates a strategic value statement.
Lastly, strategic standards support HR.
Following human capital standards allows you to implement and track incremental changes across the organization. Standards help set an industry baseline, as well as demonstrate transparency with the public, particularly to investors and stakeholders.
This concludes your HR News Flash. HRCI prepares HR leaders for the digital age. Thanks for listening. Check back soon for the workplace news you need. Learn more at HRCI.org.