SHRM Plans Development and Implementation Flashcards
It consists of the major objectives the
organization wants to achieve.
HRM strategic plan
It consists of the specific activities carried out to achieve the strategic plan
HR plan
It may include long-term goals, while the HR plan may include short-term objectives tied to the overall strategic
plan.
strategic plan
4 HRM as a Strategic Component
of the Business
- Make it applicable.
- Be a strategic partner.
- Involve people.
- Understand how technology can be used.
4 Strategic Planning
- Conduct Strategic Analysis
- Identify HR Issues
- Determine and Prioritize Issues and Actions
- Draw up an HRM Plan
What are under the Conduct Strategic Analysis (3)
- Understanding of the company mission and values.
- Understanding of the HRM department mission and values
- Understanding of the challenges facing the department.
- Identify HR Issues
- SWOT Analysis - Strength, Weakness, Opportunities, Threats
- Determine and Prioritize Issues and Actions
Involvement of the management and executives
- Draw up an HRM Plan
- Strategic Plan = organization as a whole
- HRM Strategic plan = department as a whole
- HR Plan = addresses specific issues in the HR Dept.
These are the HRM Plan
• Determine human resource needs
• Determine recruiting strategy
• Select employees
• Develop training
• Determine compensation
• Appraise performance
Tips in HRM Planning
• Link HRM strategic plan to company plan
• Monitor the plan constantly
• Measure it
• Sometimes change is necessary
• Be aware of legislative changes