MGT 262 Lecture 10: HR Strategy vs. Plans
17 Aug 2018
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Document Summary
Human resource strategy: an elaborate & systematic plan of action developed by hr department: includes detailed pathways to implement hrm strategic plans & hr plans, major objectives organization wants to achieve, long-term goals. Human resource plans: specific activities carried out to achieve strategic plan, short-term objectives tied to overall strategic plan. Current model looks at alignment of hr activities w/ overall global business strategy to form a strategic partnership. Newly revised model looks at 5 main areas of hr: strategic partner: Partnership w/ entire organization to ensure alignment of hr function w/ needs of organization. Skill to anticipate & respond to change w/in hr function, but as a company as a whole. & processes that relate to hr strategic plan. Means to develop talent that"s projected to be needed in the future: employee advocate: Ex"s of dynamic external environment of hrm:
