Hi Pramod,
HR may not necessarily be a business partner in every organization unless the organization intends it to be. A business partner is someone equally responsible for the profit and loss of the organization by being involved in key management decisions that have long-term effects on the organization. The HR department acting as a Business Partner means contributing towards the formulation and implementation of HR policies to meet business requirements. This starts with attracting the right people at the right time for the right job. Every organization, whether it fails or succeeds, is driven by its employees; hence, HR's role in managing talent has a deep impact on the business projections of the organization. After having adequate manpower to carry out the day-to-day targeted work, HR as a business partner needs to build a bridge for the employees to use and cover the distance from less or average productivity to superior productivity. This is achieved through proper competency mapping, a comprehensive Performance Management System, and a fear-free environment. HR also acts as a business partner when it comes to creating more leaders to take charge and deliver the expected results when old leaders retire. Succession planning, culture development and management, employee branding, and other key factors directly or indirectly affect business. A lot more can be written on HR's business partner role. However, I hope this would at least build the initial image.
Regards,
Mehul Mehta