The Key Elements Of The Human Resource Planning Process

WHY MIGHT AN ORGANIZATION ADOPT A STRATEGIC APPROACH TO HUMAN RESOURCE DEVELOPMENT? CRITICALLY DISCUSS WHAT HR PRACTITIONERS CAN DO TO ENSURE IT IS IMPLEMENTED IN PRACTICE. Introduction In globalisation era, managing resources in organisation is a challenge that must be faced by every entity. Their competitive advantages rely on their ability in managing their resources effectively and efficiently. This including human capital as one of the organisation resource.

Introduction An organization consists of several departments but working together towards the achievement of set objectives. One of the most important departments of an organization is the human resource department. It is mainly charged with the duty of, recruitment, promotions, placement and rewards in an organization. For an organization to maintain operations and increase profit, it has to strategically manage its affairs. This enables an organization to assess its strategies and formulate new ones hence meet the customers’ demands.

The Importance of Metrics Abstract Establishing metrics is crucial to any organization, especially in technology related company projects. Metrics permit organizations to measure its performance against industry sectors to determine how well the company is doing. Furthermore, metrics allow organizations to evaluate and improve the effectiveness and efficiency of its processes. Metrics are designated in different categories. The categories identified in this document include output, in-process, and people.

Strategic Planning The key role in solving strategic tasks belongs to strategic planning, which is the process of developing and maintaining strategic balance between organization’s goals and resources in the changing market environment. The purpose of the strategic planning is to determine the most promising fields of activity providing its growth and prosperity. Strategic planning is a component of a broader concept “strategic management”. All four management functions (planning, organizing, leading and controlling), when talking about strategic management include strategic orientation. When viewing strategic planning from the highest level possible within a company, the planning function is the area that stands out as the most important area which involves a great deal of development and focus.

Human capital development have a strong relationship with strategic planning process. In an organization, human capital development on strategic planning process can consider as a main tool for influencing and shaping attitudes, skills and also the behaviour of the individuals in their duties and jobs. With a proper management on human capital development in organization, they are able to produce a new goods and services. Furthermore, it is a good concepts and specialized with strategic planning process and environment by giving a specific tasks due to the deliberations on the objectives. Hence, after improving the management of human capital development on strategic planning process, the organizations are definitely have some breakthrough

Human resource development is the process, which has a potential to enhance the work-based knowledge and expertise, production and satisfaction for the benefit of the company and people. Its main aim is to focus on the resource that people bring to the success for their company and themselves. Many authors have defined HRD in their own ways in different eras. HRD can be referred as a department and as a function or job. Now if someone studies the HRD process then he will get that HRD has two basic views to focus.

The drive for conducting this research as outlined is to establish the importance of HRM as a strategic partner in an organization. A strategic partner is a party who legally agrees to work with the other party in order to achieve set goals. The first part of this research involves identifying the importance of having HRM as a strategic partner. They include but not limited to recruiting and maintaining the right talent, reduction in undesirable turnover and overall success for the organization. The second part identifies how HR can transform to a strategic business partner.

What I benefit from this course strategy management class is knowing. The strategic management is consisting of the analysis, decisions, and actions an organization undertakes to create and sustain competitive advantages. strategic management analyses. concern with overall objectives, involves multiple stakeholders, incorporates short and long term perspectives, recognizes tradeoffs between effectiveness and efficiency. The strategic management analysis, formulation, and implementation the challenge managers face of both aligning resources to take advantage of existing product markets as well as proactively exploring new opportunities.

Human capital development have a strong relationship with strategic planning process. In an organization, human capital development on strategic planning process can consider as a main tool for influencing and shaping attitudes, skills and also the behaviour of the individuals in their duties and jobs. With a proper management on human capital development in organization, they are able to produce a new goods and services. Furthermore, it is a good concepts and specialized with strategic planning process and environment by giving a specific tasks due to the deliberations on the objectives. Hence, after improving the management of human capital development on strategic planning process, the organizations are definitely have some breakthrough

Organizations are established to achieve certain goals and objectives. In order to achieve the desired goals, all organization use resources (both human and non-human resources). Among all resource, human resource is the most important and valuable one. This is because human resource creates ideas, accumulates capital, makes important decisions, and transforms the desired inputs into the final output (Bat and Valcour, 2003). To survive and succeed in these days dynamic environment, organizations are expected to build up and nurture the competence of their work force and empower them to carry out their task effectively and efficiently.