Hi Friends! Can anybody provide me information on the topic - impact of hr planning on corporate strategy Thanx a lot
From India, Bharat
HR PLANNING AND CORPORATE STRATEGY

HR planning follows the CORPORATE STRATEGY.

THE FLOW IS

1.VISION STATEMENT

vvvv

2. MISSION STATEMENT

vvvv

3.STRATEGIC DIRECTIVE

vvvv

4.CORPORATE OBJECTIVES

vvvvv

5.CORPORATE STRATEGY.

vvvv

THESE SETS UP AND GUIDES THE

HR PLANNING.

EXAMPLE

1.VISION STATEMENT

-world's major player with our core products

2. MISSION STATEMENT

-customer focus drive and quality service

3.STRATEGIC DIRECTIVE

-go global, with expansion into europe, as first priority.

4.CORPORATE OBJECTIVES

-gain 3% of world market.

-gain 5% of europe market

-no. 1 in south asia.

5.CORPORATE STRATEGY.

-market focused promotions

-customer focused sales drive

-set up/ develop the sales team in europe

-expand / develop the skills of the sales team.

BASED ON THE ABOVE ,

THE HR PLANNING COULD BE

-more recruitment for south asia sales team.

-new recruitment for euro market

-language training for euro team

-language training for marketing/ product management

-orientation /training in geography/culture of europe

-euro market/ competition

-sales skills / development programs

-customer service skills / development program

for internal staff to handle euro customers.

etc etc.

NOW YOU CAN SEE FLOW OF THE PROCESS

FROM CORPORATE STRATEGY TO HR PLANNING.

IF YOU GO THE REVERSE,

HR PLANNING FIRST,

THEN YOU WILL HAVE TO CHANGE ,

-corporate strategy

-corporate objectives

-mission statement

WHICH IS NOT THE NORMAL PROCESS.

HR PLANNING IS A SUPPORT FUNCTION

TO THE CORPORATE STRATEGY/ PLANNING.

CORPORATE STRATEGY DICTATES WHAT

HR PLANNING SHOULD BE.

HR PLANS MUST MATCH WITH THE REQUIREMENTS

OF CORPORATE STRATEGY.

IF THE HR PLANNING DOES NOT MATCH WITH

THE CORPORATE STRATEGY, THE IMPACT

ON THE BUSINESS COULD BE DISASTROUS,LIKE

-lack of required strength in manpower

-lack of right quality people

-lack of skills

-lack of competence

etc etc

which would result in

-poor sales

-poor revenue

-lower profit

-cashflow impact

-de motivation of the teams

-attrition rate increase

-loss of talent

etc etc

HOPE THIS IS USEFUL TO YOU

REGARDS/ HAPPY DIWALI

LEO LINGHAM

From India, Mumbai
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