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Effective integration of HR strategy is best achieved if the HR Director is closely involved at top management level with the formulation of business strategy. HR strategies should be based on information concerning: The business strategy and plan (including the mission and vision). The external environment, with particular reference to the supply of people (demographics) and the availability of skills. The internal environment, including the implications of product development and new technology, the requirement for increased flexibility and the need for new skills and “multi-skilling”. HR issues related to productivity, motivation, communication, commitment, involvement, employee /labour relations, etc. HR strategy should be backed up by a human resource information system. This will provide basic data on human resource stocks and flows, decision support data on other aspects of human resource management including the availability of skills, productivity and basic indicators of motivation and commitment such as employee turnover and absence. Strategic human resource information system enable HR strategist to better understand: • The contribution that the HR strategy can make to the overall business strategy, i.e. how can we make more effective use of our human resources to give us a competitive edge? (See Figure1 - Module1) • The impact of the business strategy on the organisation’s human resources, i.e. what does the strategy mean in terms of the type of people we want?
Thank you very much all of you for your valuable input in answering this question.
Kind Regards
Zafar Iqbal
How to Organize and manage HR Strategy Development?
From a pragmatic point of view; analyze the business results and business development and oversee the trend regarding the different BU's (sales, finance, personnel affairs, etc) and discuss with the management team the strategic topics and decide which are the most important (max 3-5)
Aswlkm/Hi Sir,
You are right person need HR strategy in every company in the world.
Make is a transparent approach, do not leave the HR department fully in hands of a HR directors. Persons are corrupt, have top management involvement in all interviews and keep check on HR department. It is most corrupt department in an organization other than financial. One costs money, other than cost crash of projects by hiring likeable people. Also as a HR strategy, a relative, son or any other family member should not be allowed to work in the same company.
As strategy defines in terms of ''long term'' so HR Strategic Development should be for long term. We might use SMART technique in order to draft plan for it. Must keep in view the business strategic plan as well. It might support in alignment phase while developing HR Development plan
Must develop the concept of the meaning of strategic everyone is then training and development for its development in cooperation with Human Resources, which in turn is doing training courses qualifying for achieving strategic and development skills that will help to achieve the lowest cost and through the table time scheduled implementation of this strategy in collaboration with senior management to achieve the desired results.