HR plan need to show that employees' contribution is critical to organization's performance.
An HR strategic plan and a strategic HR plan are basically the same in meaning and objectives.
It would appear that "HR strategic plan" places emphasis on the quality of components of the plan itself while "strategic HR plan" places the importance of people in ensuring the successful implementation of that plan.
What is Human Resource Strategic Plan?
As stated elsewhere in this website, a strategic plan consists of a series of actions designed to accomplish defined objectives.
An HR plan is described as strategic since such plan is intended to help organizations achieve their business plan.
Preparing this plan is an essential part of the HR function. In strategic human resource management, formulating such a plan is critical to the continued existence of the Human Resource Department and the importance of HR people in helping management and employees accomplish the business objectives of the organization.
A human resource strategic plan is aligned to the organization's strategic business plan.
Strategic HR management is linked to the management of business activities of the organization. It is mainly the people who provide the required leverage to the organization's efforts in accomplishing its overall plan.
It is the linkage that is of prime importance in the relationship between people and the organization's plan.
Components of an HR strategic plan
In "HR Planning: Why It Is Essential for Your Organization’s Success," Stacey Carrol lists six components, namely,
Developing a Human Resource Strategic Plan
Develop a strategic plan that translates business strategies into Human Resource priorities.
It is not the preparation of any HR plan. It is concerned with 'the HR plan' that can effectively help to make 'the business plan' succeed.
Senior management and line managers must participate in order to draw up a comprehensive, meaningful, easy-to-understand, and implementable HR plan.
The following are essential for the successful implementation of HR strategic plan.
Use what is usually referred to as "double loop feedback" in obtaining feedback and in taking corrective action. This provides better quality information.
Human Resource Strategic Plan in Successful Organizations
Many of the successful organizations can confirm that having implemented a Human Resource plan is one of the reasons for their continued success.
It is reasonable for organizations to follow suit.
Having developed the plan your organization can concentrate in performance improvement. It will save time, reduce costs and motivate employees since they clearly know what to do. Knowing exactly what they are expected to do make them more productive.
Wasted Resources and Lost Opportunities
Why must your organization waste its resources in the pursuit of success while ignoring or failing to realize the importance of preparing a human resource strategic plan?
Do not overlook opportunities for improvements. Employees may consider any such oversight as a failure to consider their role as important. This is not conducive to the good employee morale.