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What is HR Strategic Plan?
The HR strategic plan helps the HR team to keep the human resources to have corporate rules. It is a document plan that have the mission and vision of the corporation. Goals and values are meant to have strategies. It is a presentation of the management that is done with the human resources. This plan is the basic ways that the staff will follow in conducting their work in HR. HR planning provides solutions to all present and future problems. It is encouraged to have this plan even if you own only a small business. Start up business can do well if their human resources have a strategy. It is because strategies can provide performance management. Transformation comes if we do planning and apply strategies. HR strategic goals are important and HR strategic framework should be well-established.
Benefits of HR Strategic Plan
HR strategic plan is being applied in companies because it has certain benefits. These important things are what HR strategic plan can do:
Allocation of Talent Requirements
With HR strategy and planning, you will know the number of employees that you should have in a particular time. You will know the jobs that should be filled. You will know when to hire employees and when you should stop. HRM (Human Resources Management) strategic plan can make you win talents. You will know the right time when you will get them and how you will find the perfect candidate with all the talent requirements. Your forecasting in business will become more realistic.
Spreadsheets and manual processing used in payroll are prone to mistakes. But if you have HR strategy and planning, you can handle performance management better and can pinpoint compliance gaps. Employment legislation would become better.
More Productivity of Employees
Not only did the HR strategic plan will make you recruit the right candidate, it also promotes employee satisfaction. It ensures that all employee engagement would be good. Employees are the ambassadors of a company. It is essential to provide a happy workforce. They will become more productive as HR would guide them in all their foregoings. Whenever a problem arise, HR can provide a solution to it. Helping them with the problems that they may encounter and giving them support will urge the employees to work better.
After hiring key members in a company, of course, the company would want to keep them. Retention is important to not lose quality employees. It can be assured by having HR strategic plan. Put some rules about retention that the staff can implement to hold your employees better. If they will see that the HR is good, they might as well stay with the company.
You can measure what is working when you have HR strategic plan. You will also know what is not working. When you know these things, you will know what to do so you can improve. But after all, HR strategic plan gives improvement to a company because you may handle the human resources better.
10 Tips on HR Strategic Plan
To keep alignment in staffing, HR strategic plan is needed. Sometimes you may need HR business partner to make things better. Here are some HR strategic tips that can help you.
How to Create HR Strategic Plan
We may have many ideas that we would want to implement in human resources. All these ideas can be the elements of our HR strategic plan. The next question is how we can write it.
Step 1: Tell the future HR demands.
Using a business strategy, identify the HR needs. You may ask these questions:
- What is the complete definition of our work?
- What kind of culture can give us more productivity?
- What skills do we assert to have to achieve great results?
- Where can we get skilled workers and how can we tap their skills?
- What is the size of our organization?
- What systems and business processes should we have?
- What are the possible risks that we may encounter?
- How can we be sure with the quality and skills of the employees?
Step 2: Know HR capabilities.
After knowing the HR needs, you must also know its current situation. Ask these things:
- What is HR current ability that could help in the future?
- What could be our strengths and how can we cope with weaknesses?
- What are we going to do after assessments?
- What are the legislative things that we have to follow?
- What are the good things that we do now, that we even have to improve in the future?
- Where could we find all the possible risks?
- What are the possible issues that could hinder us from advancement in the future?
- What are the good system that will improve our progress and what are the bad systems that could prevent it?
Step 3: Make gap strategies.
Develop some techniques that will address the gap in the current HR capabilities to the future HR needs. These tactics may affect the task design and the staffing in your company. It deals about performance management and has something to do about the employee’s salary and rewards. These gap strategies may be applied in training and must be brought in employee’s relationship to HR. Fill in also the gaps with the workforce diversity. You can also ask these questions:
- What are the things that you have to prioritized?
- How can we get fast progress with our company?
- How can gap strategies go along with the company’s budget?
- How much change do we need?
Step 4: Share HR strategic plan with the HR staff and check it regularly.
After making a strategic plan, you must show it to the whole team. You will implement all of it together. Have a meeting that will discuss all things that are written on it. Explain everything and come to defend those things that you put in it. When everyone was well-acquainted with the plan, start doing it in the HR department. Monitor its implementation afterwards. Check if the things that have been planned were followed. You can tell whether the plan is successful if all of you in HR follow it and you are starting to achieve results.
Can I Contribute to the HR Strategic Plan?
While this plan is done by the HR department and its management, you can contribute into it by telling them your opinion. There are times that you can be asked about the hiring process, so then you can tell things that can improve HR. As an employee, what you think matters because HR has to maintain a good relationship with you. It does not hurt to tell them your opinion so they could address your concerns.
Can a Company Work Without HR?
If a business only have two staff, they can afford to have no HR. But even with that, some business still insists on having HR. The main thing is that HR is completely necessary. Without it, a company cannot function. That is the reason why all companies have HR.
HR strategic plan surely improves HR function. Without it, they would not know so much how to handle employees. If it is true that employees search for companies with good management, we must be sure that we are properly doing our work in the HR department. Make HR strategic plan that make our services better.