Skill Jobs Forum
Career Counseling, Self Development, Skill Enhancer => HR Track => HR Practices => Topic started by: arif on April 19, 2017, 06:40:22 PM
Strategic HR
Imagine this, you're the coach of a basketball team, and you're preparing to play your archrival. Would you rather have your team play the game by taking the floor and simply reacting to whatever your opponent does? If you were playing chess, would you simply react to whatever moves your opponent makes? The answer in both of these situations is an emphatic "no". Rather, you would most likely have a well developed "game plan". That game plan is known more formally as a strategy. In business settings, firms make decisions and choices about how to position themselves for sustainable competitive advantage.
Those decisions and choices define each firm's competitive position. Every firm makes decisions about issues such as: Customers. Who will it serve? Processes. How will it create value? Leaders. Their priorities, focus, and dedication. Staff. Who it hires, develops, and retains? Vision. Its reason and purpose for existence. Those decisions define each company's genetic code. That code should be clear, simple, and understandable.
Source: https://www.linkedin.com/learning/human-resources-foundations/strategic-hr