BU354 Chapter Notes - Chapter 3: Nominal Group Technique, Delphi Method, Intel
Document Summary
Different strategies require different hr plans: organizations growth / expansion strategy usually accompanied by aggressive hiring, training and promotion of employees, retrenchment or cost reduction strategy often necessitates layoffs and early retirement of surplus employees. Reorganized company put 98000 employees in new jobs, added 20 000 new employees targeting specific skill sets. Created new culture focused on teamwork, customer oriented and communication global mindset. Linking strategy to planning: relationship bw strategic plans of an org and its hr plans , overall org strategy defines the hr objectives that are accomplished through implementation of appropriate hr plans. Successful organization recognize importance of intellectual or human capital. Effective hr plan is important to take advantage of the valuable asset. Companies described as not engaging in any form of planning business nor hr related: recruitment + training = afterthought. Companies engaging in long-term business planning but minimum hr planning: resource planning focused on how many ppl will be needed in future.
