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Human Resources and Business Strategy
Human Resources and Business Strategy
It starts with setting clear objectives for the department and strong
values for the entire organization. Companies with documented
values are less likely to ignore the real-life impact of any strategy
shifts or big decisions. Consider these steps as you begin.
Organizational structure
Employee compensation
Employee development
Performance reviews
Clear business strategies are also tied to clear KPIs. With HR aligned
on these performance benchmarks, it can better evaluate employee
performance and provide more actionable feedback during review
discussions.
Change management
Once you’ve aligned and set goals, it’s time to develop action plans
to execute your HR strategic vision. Focus on developing and
improving processes for recruiting, hiring, employee development,
and performance reviews.
The ability to visualize where every player fits into the larger
organization can help HR departments align employees to business
strategy, maximize efficiency, and see data in context to drive better
decisions. Org charts and related visuals can help HR departments
optimize organizational structure at every level and make better
people decisions, such as:
Does your organization needs to hire new talent to meet its strategic goals?
See how to develop a staffing plan.
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