Strategic human resource management planning

This briefly explain the planning of human resource department

1. Strategic - Driven Human Resource Management (SHRM)

2. Evolution of HR A Journey from Historic HR to Strategic HR/Modern HR

3. Example Transactional HR Example Transformational HR Consider a large corporation with thousands of employees. Transactional HR in this organization would involve activities like processing monthly payroll, managing employee benefits enrolment, tracking employee attendance and leave balances, and ensuring compliance with labour laws regarding minimum wage and overtime. These tasks are repetitive and essential for the organization's smooth functioning, but they are primarily administrative and operational in nature. Imagine a company facing increased competition and a need to innovate its products and services. Transformational HR in this scenario would involve initiatives such as: Leadership Development : Identifying high-potential employees and providing them with leadership training and coaching to drive innovation and lead cross-functional teams. Culture Transformation : Implementing programs to foster a culture of innovation, collaboration, and continuous learning. Talent Acquisition and Development : Attracting talent with the skills and mind set needed for innovation and growth. This might involve revising job descriptions, competencies, and recruitment strategies to align with the organization's transformation goals. Performance Management : Shifting from traditional performance appraisals to more frequent feedback and goal-setting processes that support innovation and agile decision-making.

4. What is a strategy?

5. Understanding Strategy A strategy as a well-devised and thoughtful plan for achieving an objective . A strategy is inherently future oriented and is intended to provide a road map toward completion of an objective .

6. Align HR Strategy with Business Strategy

7. Some examples of corporate/Business level goals Market expansion Customer Satisfaction Innovation and Product Development Operational excellence Employee development and engagement Quality and excellence Brand reputation and awareness Global expansion Profit maximisation

8. Formulating and executing human resource policies and practices that produce the employee competencies and behaviors the company needs to achieve its strategic aims. Strategic Human Resource Management (SHRM)

9. Effect of SHRM on Performance