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
This How To outlines the steps for creating a comprehensive plan for reopening a business and returning employees to the workplace, including HR's role in strategic planning, addressing health and safety issues and compliance with federal, state and local directives.
As public health restrictions due to the COVID-19 pandemic ease, businesses are reopening and preparing to bring employees back to work. This resource outlines key considerations such as complying with legal obligations and avoiding discrimination; setting up effective health and safety protocols; and workplace strategies that employers should consider when returning employees to work in the wake of COVID-19.
This podcast examines the fundamental changes that will occur when employees return to physical worksites. It features a conversation with Kate Lister, the president of Global Workplace Analytics.
In this survey report, XpertHR explores HR's responsibilities and resources. In particular, this study examines essential information on HR staff composition, HR reporting structure, the ratio of HR staff to the overall workforce, and HR budgets.
The coronavirus pandemic has significantly affected how employers view remote working arrangements. Going forward, employers considering a more permanent switch to remote work post-pandemic should weigh the impact such a decision will have on key areas of the business, such as operations, talent management, recruiting, benefits, policies and more.
A strategic approach to HR requires understanding how to use human capital metrics to drive business decisions. Expanding the focus to include key measures relevant to the COVID-19 pandemic provides HR with a unique opportunity to leverage lessons learned for future crisis planning and gain insights into the full impact of the pandemic on the organization, its employees and other stakeholders.
Enhanced with additional information about payroll concerns.
In this 60-minute webinar, Beth Zoller, XpertHR Legal Editor and former practicing employment attorney provides insight into the top strategic and compliance HR challenges for 2020.
Each year brings changing compliance requirements in federal, state and local laws and regulations. In 2020, these developments continue to pose challenges for organizations, especially those with operations in multiple states and localities.
This checklist may be used to conduct an HR SWOT analysis, during which strengths, weaknesses, opportunities and threats are assessed.