Texas Healthcare Marketplace

 

Texas Healthcare Marketplace

Becoming a Strategic Partner

Partner has become the term of choice for HR professionals who help accomplish business goals. HR professionals acting as business partners play many roles, one of which is Texas Healthcare Marketplace strategic partner, charged with turning strategy into action. Consider the following cases in which HR professionals were asked to create organizations to accomplish specific business strategies.

Case 1

In just two years in the mid-1908s, Engcon, a Texas Healthcare Marketplace construction firm, faced a major downturn, moving from more than $250 million in profit to more than $500 million in losses. This downturn led to the decision to place a new executive team at the head of the firm. The new CEO worked vigorously to restructure the Texas Healthcare Marketplace company, to refocus its efforts, and to return it to profitability, and by 1990, the firm was again profitable. The board of directors at this point asked the CEO to assess the firm strategy; specifically, its global focus and mix of products, services, and customers. During a year-long audit, the strategy was reassessed, after which adjustments were made. The board then asked the CEO to determine whether the firm had the right technology and systems in place to support and sustain its Texas Healthcare Marketplace strategy. Following a technology audit, systems were upgraded to better align with strategy. The board members then asked the CEO for a third audit to implement and sustain its strategy. To accomplish this organizational audit, the executive committee turned to the senior vice president of human resources, who was asked to determine the strengths and weaknesses of the organization, to assess whether the organization in place was the right one to implement strategy; and to recommend improvements. The HR senior vice president led this effort by creating an assessment advisory team of senior managers, which in turn created an assessment process using input from employees, customers, and suppliers. The resulting recommendations were given to the Texas Healthcare Marketplace board, and organizational changes were made and implemented.

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