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Finance and HR 'can have more impact by working together'.

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PositionINFORM - Human resource - Conference news - Brief article

CIMA has started a collaboration with the Chartered Institute of Personnel and Development (CIPD) aimed at fostering a closer working relationship between the finance and HR management professions.

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The ultimate goal of this initiative is to increase the two functions' combined contribution to business, with an early focus on transforming how organisations understand, measure and report data on their people to drive success.

The work will include a programme of joint research on subjects including big data, integrated business reporting and shared services for HR and finance, with the first shared project researching human capital measurement. This study will explore a shared concern that organisations aren't consistently good at valuing the contribution of people to their performance and value, or at assessing the risks to business success that poor people management can pose.

The institutes will also make their relevant continuous professional development and training programmes available to each other's members in order...

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