Magazine article Black Enterprise

Maximizing Employee Value: Wal-Mart Executive Leverages Human Capital for Profits

Magazine article Black Enterprise

Maximizing Employee Value: Wal-Mart Executive Leverages Human Capital for Profits

Article excerpt

ARVETTA POWELL, THE SENIOR human resources director at Wal-Mart Stores Inc., supporting the realty division, which consists of more than 3,000 employees, suggests that as human capital becomes increasingly important to a corporation's market value, the company's competitive advantage will rely more and more on performance.

In an effort to capitalize on this shifting paradigm, Powell enrolled in the Advanced Human Resource Executive Program at the University of Michigan Ross School of Business. The two-week program immerses participants in HR best practices and leading-edge thinking with a mix of classroom sessions, action-learning projects, and field exercises.

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SHE USES THE FOLLOWING MEASURES TO TRANSFORM HR:

Being strategy-focused.

The future success of organizations may very well hinge on the strategic competencies of their people, says Powell.

HR leaders must partner with senior management and convey the importance of human capital assets as core business competencies, she insists. It will be imperative for HR practitioners to be involved in the planning, design, and development of corporate strategy formation to ensure that HR efforts align with an organization's overall business plan, she adds. …

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