Outsourcing: A strategic tool for a more strategic HR

The only true competitive advantage today lies in organizational capabilities, such as speed, responsiveness, agility, learning capacity from employee competence, and protecting and leveraging the investment in human capital. This is driving the creation of a whole new HR - an HR that is a strategic partner, having the high-level professionalism to focus squarely on results that matter to the competitive performance of the organization. One key piece to that new vision of HR is the intelligent use of outsourcing. Management experts say companies should define the areas critical to their success, devote maximum resources to those areas, and outsource everything else.