This is the Center for Effective Organizations's (CEO) fourth national
study of the human resources (HR) function in large corporations. It is
the only long-term national study of this important function. Like the
previous studies, it focuses on measuring whether the HR function is
changing and on gauging its effectiveness. The study focuses
particularly on whether the HR function is changing to become an
effective strategic partner. It also analyzes how organizations can more
effectively manage their human capital. The present study compares data
from earlier studies to data collected in 2004. The results show some
important changes and indicate what HR needs to do to be effective.
Practices are identified that enable HR functions to be high value-added
strategic partners.