2:  Strategy and Human Resources Planning

 

 

                  Strategic Planning and Human Resources

 

Strategic Planning

 

HRP

 

SHRM

 

Linking the Processes (Figure 2.1)
 

 

Step One:  Mission, Vision, and Values

 

                What is a mission, strategic vision, and core values?

 

 

                Highlights in HRM1 - Our Values... 

 

 

Step Two:  Environmental Analysis

 

                Competitive Environment

   

                        Customers

                        Rival Firms

                        New Entrants

                        Substitutes

                        Suppliers

 

                External Supply of Labor

 

Step Three:  Internal Analysis

 

                Culture:

 

                Competencies

 

                Composition

 

                Forecasting

 

                    Quantitative Approaches:

 

 

                    Qualitative Approaches:

 

 

                    Supply of Employees - What are some techniques?

 

Step Four:  Formulating Strategy

 

                    SWOT Analysis:

 

                    Corporate Strategies?

 

 

                    Business Strategies?

 

 

                   

                    Functional Strategies?

 

 

Step Five:  Strategy Implementation

 

 

                   Taking Action:  Reconciling Supply and Demand

 

               

Downsizing

 

 

Making Layoffs

 

 

Step Six:  Evaluation and Assessment

 

                Benchmarking

 

               

                Measuring Strategic Alignment

 

 

                Highlights in HRM 5

 

 

                Measuring Internal Fit

 

 

 

Cases:  Benchmarking Benefits at Mazda

 

 

             Matching Talent with Tasks