The three-dimensional people strategy: Putting human resources policies into action

Abstract

Executive Overview Everyone knows that good people management enhances corporate performance. Not so obvious is that successful people strategies are three-dimensional, each dimension requiring an equal amount of attention. Based on our ten-year study within seven different organizations, we propose a three-dimensional model that executives can use to determine the current state of their people strategies along the three dimensions, using a short questionnaire to aid in the diagnosis. Armed with this information, executives will then be able to address any apparent shortcomings along the three dimensions. A key factor to emerge is that the emphasis needs to be as much on making it happen in the day-to-day life of the organization as on developing good people strategies in the first place.