Introduction to Strategic HR Planning
Integrating human resource management strategies and systems into your overarching organizational strategy will help you achieve the overall mission, ideas, and create the success of the business while meeting the needs of employees and other stakeholders.
The overall purpose of strategic HR planning is to:
Ensure adequate human resources to meet the strategic goals and operational plans of your organization - the right people with the right skills at the right time
Keep up with social, economic, legislative and technological trends that impact on human resources in your area and in the sector
Remain flexible so that your organization can manage change if the future is different than anticipated
Strategic HR planning predicts the future HR management needs of the organization after analyzing the organization's current human resources, the external labour market and the future HR environment that the organization will be operating in. The analysis of HR management issues external to the organization and developing scenarios about the future are what distinguishes strategic planning from operational planning. The basic questions to be answered for strategic planning are:
Where are we going?
How will we develop HR strategies to successfully get there, given the circumstances?
What skill sets do we need?
The strategic HR planning process
The strategic HR planning process has four steps:
1. Assessing the current HR capacity
2. Forecasting HR requirements
3. Undertaking a Gap analysis
4. Developing HR strategies to support organizational strategies
Check in next week when we break down Step 1: Assessing the Current HR Capacity, and of course, reach out anytime to email@example.com to get some help in setting your own HR Strategy.