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How the organization conducts strategic planning and what role human resource management plays in that process.

Recruitment and selection practices for internal and external candidates. General information.

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How the organization conducts strategic planning and what role human resource management plays in that process.

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How the organization conducts strategic planning and what role human resource management plays in that process?

Organizations conduct strategic planning by first evaluating the internal and external environment of the business. Such internal and external environmental scanning is done by using a wide range of tools, such as SWOT analysis, Porter's industry analysis of five forces, etc. Once the environmental scanning is done, an organization starts identifying its longer term objectives, mission and vision and formulate strategies as per the overall goals.

Human resource, being the most important asset to an organization, plays a very critical role in the strategic planning process as it develops overall strategies to ensure that organization has a strong human resource base that is capable of achieving the strategic goals. HRM ensures that organizational employees carry out ...

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