Step1: Create human capital metrics and KPIs that are core features of the organization’s overall business strategy, and ensure that they also help implement the business strategy.
Step2: Make certain that human capital information is credible and accurate, and made relevant and actionable so that it can support business decisions.
Step3: Establish clear guidelines that not only explain responsibility, accountability and ownership of human capital management but also bring heightened visibility and credibility to the function.
Step4: Ensure that your organizational structure fosters close partnerships between executive and operational levels, especially collaboration between finance and human resources.