Dear Srikanth Kotaru,
The challenge you are facing is common in many companies. The revenue growth does not keep pace with the growth of HR management practices. In fact, when the evolution from the personnel department to the HR department does not take place, it hinders the company's growth. However, the top leadership (or bosses) only focus on the growth that occurred, overlooking the growth that did not happen. They remain content in a realm of ignorance.
Solution to Your Challenge
Now, regarding the solution to your challenge, you need to conduct an audit of the "HR Management Practices." The term "audit" might be misleading, so let me clarify:
a) It is not a process audit of HR practices but a management audit.
b) It is not an audit of the HR Department conducted by customers or clients.
The audit of HRM practices will establish a roadmap or a time-bound action plan for the transformation from the personnel department to HR.
Caveat: Leadership Buy-In
For any transformation, obtaining buy-in from the top leadership is crucial. Are they interested in the transformation? Because the transformation will require additional budgetary allocation for the HR Department. Is the top leadership prepared for that? If the top leadership is conservative, they may prefer maintaining the status quo.
I have previously provided consulting services for HRM Audit. Feel free to reach out to me for additional details.
My Past Replies on the Same/Similar Topic
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https://www.citehr.com/545449-hr-aud...ml#post2271308
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https://www.citehr.com/624517-need-u...ml#post2456283
Thanks,
Dinesh Divekar