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Career Advice

Strategic HR management: 5 critical steps for HR leaders

May 17, 2024

Career Advice

Strategic HR management: 5 critical steps for HR leaders

May 17, 2024

Photo by Glenn Carstens-Peters on Unsplash

If you think it’s important to have a business plan and strategic vision, you need a human resources (HR) plan, too. It’s just as critical – and especially so in a post-pandemic workplace where having a people strategy can make all the difference in building an engaged, successful workforce.

A solid HR strategy:

  • Gets your employees ready to execute on your business strategy and goals
  • Helps prepare your current staff and anticipates your future HR needs
  • Prevents employee turnover and prepares your business leaders to make strategic hiring decisions in the future
  • Includes a succession plan to limit disruptions to your business should there be a change in management or structure

So what’s your company’s HR strategy?

If your HR department works only on tactical processes like payroll and time and attendance, you’re missing out on strategic HR benefits.

Business goals achieved with an HR strategy include:

  • More productivity
  • Higher employee satisfaction
  • Better bottom-line results

Transform your HR department from a service group to a team that creates value across the company.

The complete HR strategy: Tactical HR and strategic HR

Tactical HR and strategic HR are both necessary for a company to reach its full potential. However, tactical HR must come first, because it includes things that make it possible to hire, train, pay and manage employees.

Tactical HR also addresses compliance with employment and benefit rules. Examples include, but certainly aren’t limited to:

  • Processing forms for new hires
  • Handling payroll
  • Posting compliance notices
  • Recruiting and hiring
  • Writing job descriptions

‍

Read full article here

If you think it’s important to have a business plan and strategic vision, you need a human resources (HR) plan, too.
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