Durham, N.C. -- While efficiency and productivity are the buzzwords of the year, smart companies are translating that jargon into smarter, more effective human resources systems.
From hiring new employees to succession planning for top executives, companies that provide the best shareholder return seek a formal, comprehensive human resources strategy. By getting employees up to speed faster, setting goals, measuring performance, communicating each employee's value and capturing organizational knowledge, successful human resource systems make the entire organization more effective.
"In the past, some companies did some things well," said Cutting Edge Information chief operating officer Adam Bianchi. "Now we have great companies who understand that they have to manage their 'people' strategy bottom to top in order to drive corporate performance. You will see these leading companies stand out even more in the next few years as global competition and the knowledge economy continue to drive rapid change."