Human Resources professionals (HR) initial roles remain closely aligned with personnel and administration, performing duties such as hiring people, budgeting, to help their organization function well. However, effective HR Professionals serve a much more pertinent role to their organization, by using their knowledge skills and abilities to help their organization become more successful. Thus, it is important for HR professionals to work closely with the management they serve in order to gain a better understanding of the organization’s vision, and what the organization hopes to achieve. Human Resource Management needs to align their strategic planning with the organization’s strategy in order to develop and maintain a completive advantage in the field they are competing.
The Walt Disney CO.
This is a publicly traded company in the US that has been ding quite well in the recent years. The company’s 10k filing for the year 2014. From this statement, the risks facing the company will be identified classified and suggestions made on how best to mitigate them in the subsequent areas. There are various areas that the risks can arise based on the company’s 10k filling (Mertz, 1999).
The Claims Processing Centers Program has been asked to evaluate the current CPC structure and configuration in light of declining premiums, decreasing claims inventories, and changing real estate options, and based on the findings, to make strategic recommendations that will optimize CPC operations over the next three to five years.
To accomplish this goal, the Claims Processing Centers management team (Michelle Weatherson, CPC Program Manager, Dana Hirschel, FD CPC Manager, Karen Sims, FR CPC Manager, and Lori Wells, BK CPC manager) evaluated current workloads and the adequacy of staffing allocations in the present CPC facilities, projected future workloads and staffing needs in consideration of continued declines in claims inventory, increased operational efficiencies anticipated with the Fair Isaac bill review application, and known and potential changes in State Fund real estate holdings, and identified certain assumptions key to the recommendations that will follow later in this report.
• The CPCs will continue to experience recruitment and retention issues for the foreseeable future—particularly where other State Fund or state agency promotional opportunities exist in close proximity to CPC facilities
• The Burbank CPC experiences historically high turnover rates due to a generally volatile employment market in the Los Angeles area; The Fairfield CPC experiences high turnover rates due to promotional opportunities within the Customer Service Center North and because of relative proximity to other employment opportunities in the Bay Area and Sacramento
• A CPC in Vacaville will experience similar, if not greater, staffing challenges than already experienced in Fairfield due to its closer proximit...
Disney Strategic Initiative
Strategic planning or long range planning determines where Disney is going in the next few years or more and what initiatives they will use to arrive there. Strategic analysis is just one of the three major steps to be performed in achieving a solid plan. As Disney encounters major issues such as the current state of the economy or positive opportunities, the planners must come to careful conclusions. To reach such conclusions we will have to examine a strategic direction; which will include strategic goals the organization should achieve and the overall strategies use to achieve them. The current financial state of the company should be included in the planning process.
Strategic Assessment and Plan: A Four-Phased Approach
In the article, Strategic Assessment and Plan: A Four-Phased Approach, Sullivan J., (2006), provides not only a pragmatic path to strategic planning, but framed an easy to use recapitulation of the four phases and the ten steps. The purpose of this paper is to compare and contrast the strategic planning process in this article with the process of strategic planning in Kaufman, Oakley-Browne, Watkins & Leigh, (2013), Strategic planning for success: Aligning people, performance, and payoffs. It will also show how these processes can be useful in the motion picture industry as well as the real estate business.
Organizational Planning - JPMorgan Chase &Co
A strategic goal of JPMorgan Chase & Co. is to help with the job market by ensuring staff is trained and experienced to be successful with their work and be ready for future jobs. According to “Jpmorgan Chase” (2014), Helping people develop the skills they need to compete for today's jobs can transform lives and strengthen economies”(New Skills at Work). Chase recognizes that not all employees will stay with the firm for their entire career, and when they leave the company they will be consumers in the marketplace. In addition, for the current employees they are servicing the customers and impacting today and tomorrow’s profits and risk impacts.
1. Appraise the formal planning efforts at the Copley Company for the period 1981 to 1984.
Copley Manufacturing Company was primarily a manufacturer of a wide line of cutting tools and related parts and supplies. Late in 1980, Mr. Sagan, director of corporate development and Mr. Albert, executive vice president agreed that regular formal planning should become part of management’s way of life at Copley.
“Planning activities include analyzing current situations, anticipating the future, determining objectives, deciding in what types of activities the company will engage, choosing corporate and business strategies, and determining the resources needed to achieve the organization’s goals” (Bateman & Snell, 2009, p. 19). The management planning of Tyco International affects the future success of the business. The planning process includes identifying the mission statement and goals of the company. Tyco also analyzes the internal and external influences of legal, ethical, and social responsibilities of the company. In analyzing these affects Tyco will apply strategic, tactical, operational, and contingency plans that can help manage the internal and external influences without affecting the success of the company.
Strategic Planning and Management
What is Strategic Management?
Strategic planning is a process to provide direction and meaning to day-to-day activities. It examines an organization's values, current status, and environment, and relates those factors to the organization's desired future state, usually expressed in five- to ten-year time periods. The organization may be a program, school, school district, public or private agency, or any other institution that wishes to control its future.
If the organization existed in a static environment in which no change was necessary or desired, there would be no need for strategic planning.
Considerations of a Strategic Plan
External Forces and Trends Considerations:
1) Legal and regulatory Mitzi
2) Global Mitzi
New businesses will take longer to thrive with the United States falling economy. The faltering job market and the deepening slump in housing threaten to hurt consumer spending. Consumers are becoming more conscious of their spending and therefore using cash to pay for smaller necessary purchases. The cost of entertainment and other presumed luxuries may be pushed to the background by most families, when having to choose whether to pay for a bill or treat the family out.