Verizon Communications and the HR Balanced Scorecard
In 1997, Bell Atlantic and GTE merged into what is now known as Verizon Communications.
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In 1997, Bell Atlantic and GTE merged into what is now known as Verizon Communications.
A certainty nowadays is that human resources, by its specificity, is becoming increasingly present in the economic field of theory and practice.
Executives know that discontinuity exists at all levels of production and they do not want to find themselves caught off guard and becoming obsolete. In order to improve performance, executives realize that they have to quickly create and share new ideas, as well as develop better knowledge management processes, in order to be more responsive to market changes.
Diversity is becoming one of the most important priorities across almost every industry, but there are still quite a lot of HR professionals who are biased when hiring new employees. Many of them are unconsciously biased, but that certainly doesn’t justify hiring people based on personal dislikes and unfair prejudices.
Most would agree that a well-planned business strategy is necessary for an organization to achieve desired business results. Business leaders in the highest-performing companies understand that, and while a detailed business strategy is necessary for successful organizational performance, it is not sufficient.
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