Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Hi Please give me a format to develop HR strategy in alignment with business startey. An example of any company will do. We are a manufacturing company.
From India, Bhubaneswar
There is no laid down format. It is a concept which implies that HR should understand the strategy for business growth (which could be scaling up operation by addition of units/ expanding through mergers & acquisitions etc..). And it should evolve a plan to provide people with the required competencies/ skills (through recruitment, promotions, training etc..), within the time frames of growth, and institutionalize processes for Leadership development, manpower planning, skills enhancement, grooming & retention of talent, creating of succession pipelines etc... HR strategy should aim at becoming a business partner. This means how HR can function as a 'Profit Center'; may be by curtailing manpower budgets through technology interventions (that is enhance productivity without engaging additional workforce - a typical approach deployed in a manufacturing set up; utilize Capex & reduce Opex).

Hope I have given some insights for aligning HR to Business strategy. In brief, it means enabling the organization to enhance productivity with the existing resources, in tight time frames, and keep doing it through innovative approaches without creating unrest in the organization.

May be some more valid points from the experts will make us all learn. Thanks for initiating a valuable discussion, since this is what HR folks must learn to be respected as professionals.

From India, Delhi
Thanks Sir for replying to my query. However, I would greatly appreciate if any member can attach a format for making the HR strategy as more or less every company has same kind of HR challenges. Accordingly HR plan can flow from the strategy.
Thanks Sir once again
Looking forward to a positive response from the members

From India, Bhubaneswar
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™