Human Resources (HR) as a Strategic Business Partner: Value Creation and Risk Reduction Capacity

Fotios V. Mitsakis

Abstract


The competitive forces firms face today, and will continue to face in the future, demand organizational excellence through which HR departments could make a real contribution to the business through their value-added and risk reduction capacity, while been accepted as equal strategic business partners in organizations. The article discusses HR department’s capability of being seen as an integrated value-driven business function, while it also demonstrates its risk reduction capacity, both critical outcomes of HR’s strategic positioning within the business agenda.

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DOI: http://dx.doi.org/10.5296/ijhrs.v4i1.5285

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