MGHB12H3 Lecture Notes - Lecture 2: Strategic Planning, Society For Human Resource Management, Human Resources
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 process. Hrp strategy formulation and strategy implementation. Strategy formulation: provides a set of inputs into the strategic formulation process in terms of what is possible, that is, whether a firm has the types and numbers of people available to pursue a given strategy. Strategy implementation: the company"s executives must make resource allocation decisions to implement that strategy including decisions related to the firm"s structure, processes, and human capital. Mission the basic purpose of the organization as well as its scope of operations: statement of the organization"s reason for existing.
