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It doesn’t really matter what your business strategy is. You could be a multi-million dollar organization trying to corner the market, or you could be a scrappy startup just trying to break in—if your HR strategy isn’t fully aligned to support your goals, you won’t be set up for success.
Of course, it wasn’t always this way. Not too long ago, most organizations considered it enough to focus on more external aspects of their business, such as their marketing or product development strategies. But, gradually, as individual employees have turned into the true differentiators of companies, human resources has become integral to achieving business goals.
Let’s look at why this came to be, as well as how you can make sure your HR strategy is in lockstep with your larger business strategy.
The importance of HR strategy
As little as a decade ago, a look at most HR departments would show you a field mostly concerned with administrative tasks, such as onboarding employees, maintaining records, and ensuring legal compliance. However, as the competition for employee talent has steadily increased, HR has taken on a much more strategic role. As a result, more organizations now recognize the clear line that connects
