Only 34 percent of human resource professionals are making a significant strategic contribution to their organization, according to a new study released Wednesday.

According to new research entitled "Next generation HR" from Hay Group, a global management consultancy, HR professionals are making slow strides in becoming strategic business partners within their organizations.

"As market demands continue to change, organizational success will hinge on HR's ability to connect human capital decisions with business strategy," said Phil Johnson, Hay Group's global head of work measurement in a statement. "HR will need to stop clinging to traditional processes and inefficient silos and move toward an integrated approach that links work and people to business results. Such change is critical if HR is to transition to its rightful place of strategic business partner."

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