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Key deadlines

Conference starts:

2017-03-09

Website

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Conference Description

Overview: Even a small organization with as few as 10 staff can develop a strategic plan to guide decisions about the future. Based on the company's strategic plan, your organization can develop a strategic HR plan that will allow you to make HR management decisions now to support the future direction of the organization. Strategic HR planning is also important from a budgetary point of view so that you can factor the costs of recruitment, training, etc. into your organization's operating budget.

The focus of this webinar will be on a conceptual framework for developing a People Strategy.

People strategies are designed to manage develop and deploy people resources to support the other components of the Company's business strategy, all of which will create competitive advantage. This framework is guided by a set of assumptions.

A complete business strategy has three components: operating strategy, people strategy and financial strategy Business strategies at all levels are the basis for developing the people strategy.

The business strategy identifies the need for specific organizational capabilities and the reinforcing and building of these capabilities as the focus of the people strategy.

Organizational capabilities are the collective abilities of the organization required to accomplish strategic objectives. Capabilities are influenced by four elements: people, processes, structure, and assets. Capabilities are the link between the strategies and the method of organizing and shaping the organization to achieve the strategies.

The business units share specific common business strategies and capability requirements against which the people strategy framework can be developed.

People policies, programs, and practices are the tools managers use to improve performance and execute their strategies. They must be aligned with the business strategies and supported by management as value added activities.