MGHB12H3 Lecture Notes - Lecture 5: Strategic Planning, Society For Human Resource Management, Trend Analysis
Document Summary
Strategic planning: procedures for making decisions about the organization"s long-term goals and strategies. Human resources planning (hrp): the process of anticipating and providing for the movement of people into, within, and out of an organization. Strategic human resources management (shrm): the pattern of human resources deployments and activities that enable an organization to achieve its strategic goals. Strategic planning and hr planning: linking the processes. Mission: the basic purpose of the organization as well as its scope of operations. Strategic vision: a statement about where the company is going and what it can become in the future; clarifies the long-term direction of the company and its strategic intent. Core values: the strong and enduring beliefs and principles that the company uses as a foundation for its decisions. Environmental scanning: systematic monitoring of the major external forces influencing the organization. Core capabilities: integrated knowledge sets within an organization that distinguish it from its competitors and deliver value to customers.
