As organizations evolve and adapt to the rapidly changing world, their focus is shifting from products and services to their most valuable asset: their employees. Companies are beginning to realize that it is the human factor that drives business success, and as such, the role of HR is becoming increasingly important. However, with all the […]
Every organization is powered by its people. Consequently, effective HR strategies are critical to ensure productivity and maximum success. HR professionals play an important role in terms of coming up with the right strategies to support organizational direction but must have the ability to think beyond tactics to identify the high-level areas of focus that […]
HR strategy is defined as an organization’s structured approach to managing its workforce to align with all the business goals.
A good strategy dictates how the HR process runs, right from recruitment to succession planning. It is also not stuck in its ways, meaning that a strategy can rise to meet the evolving HR industry’s requirements.
A Human Resource strategy is a business’s overall plan for managing its human capital to align it with its organization goals. The Human Resource strategy sets the direction for all the key areas of HR, including hiring, performance appraisal, development, and compensation. The HR strategy is thus a long-term plan that dictates HR practices throughout […]
