Summary Chapter 3 in Hr Management Essay
“Human Resource Management Strategy and Analysis”
A strategic plan is an organization’s plan for how it will match its internal strengths and weaknesses with external opportunities and threats in order to maintain a competitive advantage. The human resource (HR) managers must address three basic challenges: 1) support organizational productivity and performance improvement efforts; 2) employees play an expanded role in employers’ performance improvement efforts; 3) HR must be more involved in designing – not just executing – the company’s strategic plan.
Strategic planning hierarchy includes specifying an organization’s mission, objectives, and actions (or speciﬁc results) …show more content…
Major characteristics of both a vision and mission statement include: * Focusing on the big picture * Realistic to be both practical and workable * Motivating to inspire commitment from employees, stakeholders, and customers * Short and concise- short enough to be easily remember and concise enough to convey a clear message.
However, it is necessary to understand the difference mission and vision to develop an organization.
Vision - The Future
Definition: The way in which one sees or conceives something; a mental image; an overall statement of the goal of the organization.
Mission - The Present
Definition: An assignment one is sent to carry out; a self-imposed duty. A mission statement identifies the reason for the existence of the organization. The statement should be linked to the overall operations and business of the organization.
Creating a Vision & Mission Statement is Like Planning a Trip
“If you don’t know where you are going, you’ll end up somewhere else.”
The next step for developing a vision and mission is to look at the process from a different perspective:
Vision = the Destination
Mission = the Vehicle
Strategy = the Road Map
Knowing the destination of your organization