Strategic Human Resource Management Flashcards
1
Q
What is strategic HR Planning?
A
Business process that aligns the organisations needs with people strategy.
2
Q
Name 3 steps involved in Strategic hr planning?
A
- Identity current workforce needs
- Identify future workforce needs
- Create solutions to accomplish future workforce need s
3
Q
What is requirement forecasting defined as?
A
Determines the number, skill and location of employee to accomplish company goals.
4
Q
What is availability forecasting defined as?
A
Where the firm will be able to find the people with the suitable skill .
5
Q
Who does strategic planning?
A
Larger cooperations have designated teams and smaller cooperations may be between. Few members
6
Q
What are 5 advantages of strategic hr planning?
A
- Reduce labour cost
- identify and respond to changing customer needs.
- Improve employee retention
- Improve productivity
- Identify strategies for people retention.
7
Q
What is sucession planning?
A
The process by which employees are trained to take over keep leadership roles