Strategic Human Resource Management is the process of linking the Human Resource function with the strategic objectives of the organization in order to improve performance. If a global company is to function successfully, strategies at different levels need to inter-relate. An organization’s Human Resource Management policies and practices must fit with its strategy in its competitive environment and with the immediate business conditions that it faces.
A comprehensive Human Resource Strategy plays a vital role in the achievement of an organization’s overall strategic objectives and visibly illustrates that the human resources function fully understands and supports the direction in which the organization is moving. A comprehensive HR Strategy will also support other specific strategic objectives undertaken by the marketing, financial, operational and technology departments.
In essence, an HR strategy should aim to capture
Workshop topics to be covered:
1. Strategic HR Planning - Definition
2. Why is a strategic HR plan important?
3. How HR strategy will add value to the organization?
4. Making HR Strategy integral to the organization
5. Linking the strategic HR plan to the strategic business plan
6. The overall purpose of strategic HR planning
7. Setting the strategic direction
Group Assignment- HR Budgets: Staffing or Manning Table
8. The HR Forecasting Process
9. HR Demand
10. Ascertaining HR Supply
11. Succession Management
12. Downsizing and Restructuring
13. Mergers and Acquisitions
15. The strategic HR planning process
16. Implementing the strategic HR plan