1.) The rational for the HR Business Partner Model by which HR works closely with other C-Suite and managers achieve the business strategy, by precisely utilizing HR systems and techniques that assist in strategic development.
Definitions and Examples of Effective Business Partner:
1. Creditable Activist: build relationships of trust, establishing their business savvy allowing them to express a point of view on both business and HR. These HR leaders are able to negotiate looking for integrative solutions, not avoiding conflicts, instead they build programs and policies that build the team to collaborate.
2. Strategic Architect: commit to the advancement of a strategy by delivering the communication across the company. Diagnosis local, national, and global markets, while also looking at economics and social constructs in the industry. Depending on industry this can be a company’s advantage in giving back to the community, also important to know local laws, as well as national,
3. Culture and Change Steward: they assist in analyzing and promote necessary changes that the organization sees as their core competencies to compete in their internal and external business strategy. Onboarding and the ability to shift people will be important in this role, also generating an open door policy will be detrimental (not only in word, getting out and shaping employee perception by showing them interest).
4. Talent Manager and Organizational Designers: provide influential guidance
Human Resource (HR) strategic plan’s outline short term goals that have been aligned with their organization’s strategic plans. With the HR’s goals being aligned it also helps the representative know how much man power is needed from the budgeting process done through HR. The HR function of an organization is responsible for ensuring top talent is recruited and retained, which means ensuring success of an organization’s strategic plan.
Apply the theories reviewed in class related to analyzing an HR function and determining the type of HRIS application necessary to automate and create a strategic alliance for this HR department. Students will have an opportunity to apply theoretical concepts to a professional business application.
Strategic planning involves taking information from the environment and deciding upon an organizational mission, and upon objectives, strategies, and a strategic architecture. There are many different ways to go about deciding on your mission. Michael Porter, a researcher from Harvard, had a few ways for developing frameworks for developing an organization’s strategy.
Human Resource Management is defined as “the policies, practices, and systems that influence employees’ behavior, attitudes, and performance” (Noe 3). The responsibilities of the human resource department of any company can be characterized by three product lines, providing administrative services, being a business partner, and also being a strategic partner. When referring to handling administrative services and transactions, that means handling administrative tasks for a company by recruiting and hiring employees and answering any questions that they may have. Next is being a business partner, meaning that by having an effective HR system that keep track of everything at the company and looking for skills that the company may be in need for the future, and understanding what the business needs. And finally, being a strategic partner. Being a strategic partner entails contributing to the company’s goals and strategy by understanding what is needed in the HR department and provide a competitive advantage.
Suggest a significant opportunity for HR to become more of a strategic partner within an organization. Justify your response.
Having worked in both the private and public sectors in positions necessitating the development of strategic plans and standard operating procedures which required a comprehensive understanding of, and the ability to operate under various plans and procedures, I am well-acquainted with the importance of understanding an organisations purpose, and relevance of its policies, regulations and SOPs. Practising sound judgement and decision making, I maintain an awareness of the implications and contribute to solutions and future strategies, having designed project plans and operational procedures in the capacity of employee and business owner.
HR is a strategic partner to our management team and C-Suite alike and will assist throughout.
The strategic person asks what should we be doing and why, which markets and segments will be critical in the future, how will we differentiate ourselves, what trends
Execution of a strategy allows an organization to identify a strategic manager or management team who will be responsible for five key components: people, resources, structure, systems and culture. The role of the strategic manager or management team is to implement and monitor performance and report to company stakeholders on the status. Because strategy drives an organization’s success, the team should select managers who can aggressively drive the objectives to achieve desired results through three actions:
| 1. Built relationship powered by principle of honesty, trust & engagement with employers as well as with customers.(1) 2. Partnership experience relative,consistant & rewarding(1) 3.
Strategic planning can make or break a company. Business owners need to make sure and focus on the plans being implemented for their business as they are the ones who will suffer the consequences if the plan does not succeed. When choosing who will be planning and making decisions for a company one must first make sure that the person being put in this position can come up solutions fast, does well under pressure, and most importantly someone who knows how to take criticism
Strategic planning involves making decisions about the organization’s long-term goals and strategies and how the organization decides to implement their goals (Bateman, Snell, Konopaske, pg. 113). Strategies help organizations to have a clear perspective on how to go about accomplishing the goals they have in place. All organizations have a clear vision of what their mission and purpose as a company is, they know how to fulfill the mission, vision, and purpose and they know how to ensure that they accomplish all their goals. However, the route the organization takes to define these things determines how effective they will be.
More firms’ business strategy can be better realized using the integrative model of HRM. Both employees and firms’ aspirations can be met if the right strategy is used. . HR professionals must be well trained to implement this strategy.
‘Strategic Management’ is a very complex term as many eminent researchers and scholars have had different views and conclusions on strategy. According to White (2004), “Strategic Management involves both systematically developing an idea together with its implications and testing the empirical validity & usefulness of that idea against the real world.” Thus strategy is not only about planning for future but also about confirming the validity of the hypothesis considered and implementing it successfully. Strategy formation may take various forms such as implicit, explicit or emergent. Implicit strategy is a strategy formed by intuitions of an individual. As per implicit strategists, strategic management is about reading the environment
Strategic planning is the process of gathering information from stakeholders, market players, professional entity, and government agency. The purpose of gathering information is formulating a realistic and a workable framework that any organization can implement and work with. Evaluation of information is a key aspect in determine the kind of plans that the organization wish to a chive over certain a period. Strategic planning ensures the implementation is, crafted well, and parties involved be acquitted with it. Developing a good Strategic plan helps a company to implement its missions and visions effectively, and helps the company to evaluate