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HRM 2600 (78)
Chapter 2

Lecture 2 - Chapter 2 Strategic & HR Planning

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York University
Human Resources Management
HRM 2600
Indira Somwaru

Chapter 2 Lecture 2Strategic Planningwhen a company engages in strategic planning it is making decisions aboutthe organizations longterm goals and strategiesHR Planning HRPto have the right people in the right place at the right time A perfect situation would bedemand for laboursupply of labour Strategic Human Resources Management SHRM combines strategic planning and HR planning The pattern of human resources deployments and activities that enable an organization to achieve its strategic goals Strategy formulationproviding input as to what is possible given the types and numbers of people availableIndigo addressing whether they had the talent needed to succeed in Webbased commerceStrategy implementationmaking primary resource allocation decisions about structure processes and human resources Strategic Planningthree stepsStep 11Define Mission of Organizationidentify the purpose of organization and its scope ofoperations2Strategic Visionwhere company is going and clarifies longterm intent 3Core Valuesthe strong and enduring beliefs and principles that the company uses as a foundation for its decisions Step 2Conduct and Environmental Analysissystematic monitoring of the major external forces influencing the organization
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