Human Resource Planning and Organizational Strategy
The nature of strategic planning
Strategic planning is something all upper management must engage in this type of planning. Allen, Plunkett and Attner (2013) “defines the firm’s position, formulates strategies, and guides the execution of long term organizational functions and processes” (Allen, et al. 2013). This being said strategic planning is a simple step by step guide to creating long term goals according to resources and environment.
Elements of strategic planning
Allen, Plunkett and Attner (2013) stated four questions that are designed to answer critical questions about a business. “What is the organization’s position in the marketplace? What does the organization want its position to be? What trend and changes are occurring in the market place? What are the best alternatives to help the organization achieve its goals?
The plan should have four elements: scope, resource deployment, competitive advantage and synergy. The scope is how big the company expects to go in its environment. Where does it want to be marketed and what products or services does it want to sell? The resource deployment is how much resources are available to the company to reach its goals. Distinctive competitive advantage, this is what the company knows and what it is best at. When a company excels at something they make a demand for it because it is known to be a great product. Synergy the final element this is when two things together equal more value than either of them do alone.
The nature of human resource planning
Human resources are very important unless one wants to have a one man business. First, if the business is going to be of a good size hiring specialized human resource workers are common. Managers or human resources need to know the organizational plans. They perform job analysis, study past staffing needs and what is needed at the present time. They then expand or decrease workers to what is needed at the moment, or in some cases what will be needed. For example, many businesses hire ahead of time for the Christmas season.
The organization’s strategic planning, development and implementation and human resource planning are both vital planning for a company’s success. When a company develops a strategic plan, there is usually a human resource plan developed to support it. Whatever the business wants to specialize in they will need an HR plan involved with the strategic plan to hire the employees that will fit the company. Another similarity is there like strategic planning, human resource planning has steps to follow and is not as simple as just saying lets hire us some employees.
According to Miller, Beechler, Bhatt, & Nath, p. 7 (1986). There is another similarity. Within the strategic planning there is a cultural fit between the organization and its strategic plan. There is also the cultural fit to consider in almost every aspect of human resource hiring. However,...