Chapter 4

Formulating and Implementing HR Strategies

Corporate Governance and the HR Agenda

At the two extremes of the corporate–governance continuum (holding-company models vs. one-product companies), it is relatively clear how much commonality should be incorporated into the HR agenda. In general, HR governance should reflect the corporate governance model. HR functions that struggle most with confusion over roles between corporate staff and divisional or regional HR staff (and many companies still do struggle with these issues) are those in which the enterprise operates with mixed governance models. Many companies move the pendulum back and forth between very loose and very tight control over profit centers, while others simply evolve toward ...

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