Outcome 1 / Mission and vision

Question 1

Strategic planning

Answer 1

set of procedures for making decisions about
the organization’s long-term goals and strategies

Plan how Company positions against competitors
ensure survival, create value and grow

Question 2

Mission:

Answer 2

It is a statement of the organization’s reason for existing

the basic purpose of the organization

Question 3

strategic vision:

Answer 3

to provide a perspective on where the company is headed

Question 4

Organizational core values

Answer 4

Strong and during beliefs, that company use as a foundations of their decisions

Question 5

Human resources planning (HRP),

Answer 5

process anticipating and providing the movement of people within, and out of the organization

Question 6

Strategic human resources management (SHRM)

Answer 6

combines strategic planning and HRP

HRP provides a set of inputs into the strategic formulation process
In terms of what is possible

Whether a firms has the types and # of people to
pursue a strategy

Anticipate looking for specific jobs according with the strategy of the company..
For example mergers, change of plant, new market insertion