Overview: One important HR management tool is strategic planning. Strategic planning is a way for an organization to define the direction it wishes to take and allocate its resources accordingly to pursue that direction. HR strategy includes planning for not only what strategies will be pursued, but also the crucial variable of when they will be pursued. As a result, HR must get input from senior management.
An employer's strategic plan should consider such factors as the changing economy, organizational design, competitive behavior and labor market trends to help it develop a long-term talent management and acquisition strategy. In addition, it should include a strategy for retaining the required workforce.
HR strategy should provide a roadmap for an employer to meet its objectives over the next few years, but also may include longer range goals. Toward that end, it should define the future workforce demographic in the form of a diversity and inclusion roadmap. Some other key factors include:
While strategic planning can take many variables into account, it should at all times be closely aligned with the employer's long-term business objectives. Toward that end, an organizational mission statement may be useful as well.
Author: Peggy Carter-Ward, Head of Content
Talent management expert Josh Bersin joins us on this podcast to discuss easy analytics 'wins' for employers to help them make better decisions based on data.
This new section of the Best Practice Manual discusses HR transformation: what it is and how it benefits an organization. It describes the tools for transforming HR and the methods for implementing a successful HR transformation.
This section of the XpertHR best practice manual discusses HR transformation. It considers what HR transformation is and its benefits to the organization. It describes the tools for transforming HR and the methods for implementing a successful HR transformation, as well as how HR transformation can be sustained.
XpertHR is proud to announce the release of two new litigation prevention tools: the Periodic Acknowledgment Form and a Letter to Employees Introducing a Periodic Acknowledgment Program. By using these tools, employers can proactively gather crucial information from employees regarding their experiences in the workplace and as a result, improve their chances to successfully prevent or defend against employment claims.
Employers that choose to use XpertHR's Periodic Acknowledgment Form to proactively gather valuable information from their employees should announce the commencement of this program to their employees. This form letter allows for customization based on the individual needs of employers, provides crucial guidance regarding implementation of the program and alerts employers to potential pitfalls.