Editor's Note: If you are interested in becoming an expert on Human Resource Management (HRM), take a look at Flevy's Human Resource Management (HRM) Frameworks offering here. This is a curated collection of best practice frameworks based on the thought leadership of leading consulting firms, academics, and recognized subject matter experts. By learning and applying these concepts, you can you stay ahead of the curve. Full details here.
Strategic Human Resources
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Human Resource practices today more than ever need to support, and be aligned with, the organization’s business strategy and the satisfaction of customer needs. They are essential to business and organizational growth, as well as providing a basis for competitive gain. This requires the Human Resource function to take on a more Strategic role, and HR practitioners to be strategists, planners and implementers, in order to position the organization to its maximum advantage.
Below, we have 2 comprehensive frameworks that focus on this topic of developing Strategic Human Resources.
Strategic People / Human Resource Planning
https://flevy.com/browse/business-document/strategic-people-human-resource-planning-707
This set of Powerpoint slides provides a framework to guide you through the development of a robust Strategic People (or Human Resource) Plan.
Strategic Human Resources
https://flevy.com/browse/business-document/strategic-human-resources-147
The slides in this presentation show three levels of HR work; transactional, tactical and strategic. Each level requires a different set of concerns, tools and techniques. By understanding the three levels, it becomes clearer how to move from one level to the next.
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The purpose of Human Resources (HR) is to ensure our organization achieves success through our people. Without the right people in place—at all levels of the organization—we will never be able to execute our Strategy effectively.
This begs the question: Does your organization view HR as a support function or a strategic one? Research shows leading organizations leverage HR as a strategic function, one that both supports and drives the organization's Strategy. In fact, having strong HRM capabilities is a source of Competitive Advantage.
This has never been more true than right now in the Digital Age, as organizations must compete for specialized talent to drive forward their Digital Transformation Strategies. Beyond just hiring and selection, HR also plays the critical role in retaining talent—by keeping people engaged, motivated, and happy.
Learn about our Human Resource Management (HRM) Best Practice Frameworks here.
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