Creating an HR Strategic Plan Essay Example | Topics and Well Written Essays - 750 words

Creating an HR Strategic Plan - Essay Example Moreover, it is responsible for every aspect of an employee such as their benefits, training and legal compliance. Since the sales are dependent on the capabilities of the sales force hired by the organization, it is also linked with the HR department but in an indirect way because hiring is done by the HR department and they also provide training to the employees. If the employees are performing well and are able to increase the sales of the company, it is apparent that the human resource department has hired the correct individuals for the job they are assigned to. (Leat, 2001). HR strategic plan The steps of HR strategic plan are mentioned below. 1. Firstly the organization needs to prepare itself since strategic planning requires a lot of time and energy. The top executive should be involved and costs need to be assessed. 2. A vision and the mission statement need to be developed. 3. The environmental scanning should be done by analyzing the strengths and the weaknesses of the in ternal organization as well as the opportunities and the threats of the external environment. Moreover, the other relevant economic information must be gathered and analyzed. 4. A gap analysis has to be done by identifying the gaps between the vision and the mission statements as well as the environmental scan. 5. Strategic planning is done by developing strategic in order to close the gaps that might occur. Measurement, timing, and budget strategies are developed to meet the goals of the organization. 6. HR strategy involves arranging the HR goals to the organizational strategy mainly in terms of recruitment, retention and termination. 7. After this step, implementation has to be done according to the plans an the various forms of measurements help in tracking the progress. 8. A lot of effort is required to prepare a strategic plan and it takes around five years to prepare it so it must be reviewed and updated every year. (Lewis, 2003). HR strategic plan and strategic goals The HR strategic plan enables the organization to achieve its mission and strategic goals because the businesses that have a formal strategic plan are more successful than those who don’t. A roadmap of success is required by an organization to be successful and a strategic plan provides direction and a course of action that helps in achieving the organizational goals. Moreover, it also helps in aligning the goals of the work units with the organizational goals making the goals common. (Barker, 2008). HR Scorecard The effectiveness and efficiency of the HR functions in producing the behavior of the employees required to achieve the strategic goals of the company are measured by the HR scorecard. To achieve it, we need to know the strategy of the company and to understand the links between the HR activities, the behavior of the employees and organizational performance. The steps to develop an HR score cared are mentioned below. 1. Defining the business strategy. 2. Outline the value c hain of the company. 3. Identifying the organizational outcomes strategy  required by the business. 4. Identifying the workforce needed by the company. 5. Identifying a relevant HR system. 6. Design of HR score card for measurement purpose. 7. A