Dave Ulrich, a leading HR thought leader, developed the 5 Ps model of HR to describe an HR’s function, roles, and responsibilities within an organization. Here are the 5 Ps:
Purpose: Creating value for the organization through its people. Activities like attracting and retaining talent, developing employees’ skills and capabilities, and managing employee relations fall under this P.
People: People refer to employees who are the primary focus of the HR function. This P includes recruiting and hiring, onboarding and orientation, performance management, and career development.
Process: HR processes and systems that support the organization’s people-related activities. It includes HR planning, job analysis and design, compensation and benefits management, and employee engagement.
Performance: Driving an organization’s productivity by measuring and analyzing employee performance, providing feedback and coaching, and aligning employee goals with the organization’s strategic objectives.
Proficiency: HR function’s proficiency and capability as a function and individual practitioners. It includes continuous learning and development, staying up-to-date on HR trends and best practices, and maintaining a customer-focused mindset.