Author: Hani Bashier
The HRFM approach emphasizes the importance of HR’s contribution to financial performance, focusing on areas such as workforce planning, talent acquisition, employee performance management, and succession planning. By understanding the financial impact of HR policies and practices, organizations can optimize their workforce and create a more sustainable business model. Ultimately, integrating HR with financial management helps companies navigate the rapidly changing world of work, leveraging HR analytics, digitalization, and the gig economy to improve financial agility, resilience, and growth.
