Benefits of linking HRP with strategic planning

The purpose of strategic planning is to figure out what a company wants to do and why it is
in business. Example : an organization might decide that it wants to diversity into new
markets because it has gone as far as it can go in its current markets.
The strategic options here include they are *developing new products to sell to its existing
customers* selling the same products to a completely new group of customers, such as people
in different country * buying a company that operates a different business model that may or
may not complement the company business’s model.
Human Resources Strategic Planning is the purpose of human resource planning is look into
the future and decide what skills, knowledge and competencies the business is going to need
in 1, 3- or 5-years’ time to meet its strategic goals.
Human resources management directly linked to operational and environmental forecasts, is a
critical tool for public administrators as they respond to current difficult economic conditions.
Planning for human resources must start at the top when the major objectives of the
organization are set. These objectives establish the framework within which the strategic plan
and operational plans must fit.
Strategic planning is a step by step process of determining how to pursue the organization’s
long-term goals with the resources expected to be available. It is a systematic approach of
analyzing the opportunities and threats in the environment to enhance the efficiency and
organizational productivity.
Human resources planning is the estimation of future demand for and supply of human
resources for the accomplishment of stated organizational goals. HR planning consists of all
activities of human resources management such as forecasting of HR, collecting information,
policy making, recruitment, training and development, motivation and development of human
resources in the organization.