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9/17/2023

Manpower planning and corporate


strategies
• Corporate strategy is a systematic process of
determining goals to be achieved in the
foreseeable future

Cont.
• Corporate strategy consists of
– Management's fundamental assumptions about
the future economic, technological, and
competitive environments
– Setting of goals to be achieved within a specified
timeframe

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Cont.
– SWOT analysis
– Selecting main and alternative strategies to
achieve the goals
– Formulating, implementing, and monitoring the
operational or tactical plans to achieve interim
objectives

HR planning as a strategic process


• A Human Resource strategy is a business's
overall plan for managing its human capital
to align it with its business activities
• The Human Resource strategy sets the
direction for all the key areas of HR, including
hiring, performance appraisal, development,
and compensation

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Cont.
• Step 1: Identify Future HR Needs
• Step 2: Consider Present HR Capabilities
• Step 3: Identify Gaps Between Future Needs &
Present Capability
• Step 4: Formulate Gap Strategies
• Step 5: Share & Monitor The Plan

Employees as resources
• Employees are the ones who get the job
done
• The company cannot be successful without
productive employees
• Employees are major contributors to profits
and worth of the organization

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Cont.
• Employees are a company’s greatest resource
• Many employees have direct contact with
customers
• They make the best use of the nature to
create more resources

Goal attainment
• Goal attainment is the process through which
human and other resources are mobilized for
the attainment of collective goals and
purposes
• In a social system, the goal attainment
functions are met through political activities
and mobilization occurs through the
generation and exercise of power

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Linking HR process to strategy


• Linking the company's human resources
strategy to the overall business strategy is
one of the best business decisions
• The primary advantage of connecting these
two strategies is the competitive advantage
one gain by making sure the most qualified
people are assigned to critical business
functions

Cont.
• The closer the alignment between HR and an
organization's overall business strategy, the
better the company's ability to anticipate and
respond to customer needs and to maintain
competitive advantage

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Cont.
• Steps to align HR process with the Business
Strategy
– Understand the business strategy and current
challenges
– Identify how people contribute to organizational
growth and success
– Design and implement your HR talent strategy
– Measure your HR strategy

Involvement in strategic planning


process
• Strategic planning is an organizational
management activity that is used to set
priorities, focus energy and resources,
strengthen operations, ensure that
employees and other stakeholders are
working toward common goals, establish
agreement around intended
outcomes/results, and assess and adjust the
organization's direction in response to a
changing environment

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Cont.
• Effective strategic planning articulates not
only where an organization is going and the
actions needed to make progress

Cont.
• Stages of the strategic planning process are
goal-setting, analysis, strategy formation,
strategy implementation and strategy
monitoring

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Strategic HR Planning model


• Setting the strategic direction
• Designing the Human Resource Management
System
• Planning the total workforce
• Generating the required human resources
• Investing in human resource development and
performance
• Assessing and sustaining organizational
competence and performance

Staffing system
• Short-Term Staffing
• Long-Term Staffing
• Succession Planning
• Strategic Staffing

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