HRD Strategies for

Long
Te rm Planning &
Growth
What is HR Strategy?
 HR STRATEGY…
• HR Strategy connects Business Strategy to build a better and competitive
organisation.
• It aligns top executives with the HR team.
• Sets clear objectives of HR in organizational development to ensure the
future of the organization.
• Defines the key principles for the compensation and organizational
design strategy.
• Brings a clear border between global and local decision making process
allowing to act to HR Manager autonomously.
• Defines key areas which will be used as the competitive advantage on
the job market.
• Identifies gaps in the people management area which have to be
improved in a specific time limit.
LINKING HRD STRATEGY TO
ORGANIZATIONAL NEEDS
Ho w to D e s i gn
Innovative HR
Strategy?
HR STRATEGY:
DESIGN & IMPLEMENTATION
• Assess the readiness for change. Use HR SWOT Analysis.
• Develop the HR Strategy for the next few years.
• Develop the basic HR Framework, which will support the change to being
the strategic partner.
• Clearly define the role of the HR Leader in the organization. Get the approval.
• Define the changed roles. Who will executive the strategy?
• Design the new HR Organizational Structure.
• Fill the structure with upgraded talents.
• Let talents define sub-strategies and upgrade the HR Strategy to the final one.
• Do the strategic HR.
HR AS A STRATEGIC BUSINESS
PARTNER
CONCLUSION…
• HRD Strategy is a process by which an organisation ensures that it has the right
number and kinds of people, at the right places, at the right time and that these
people are capable of performing their tasks effectively and efficiently.
• This helps the organisation to achieve its overall objectives.
• HRD Planning and Strategy is done at different levels – corporate, intermediate
and operations levels and also for short term activities.
• A proper HRD Strategy Exercise should utilize the inputs of all the departments
and enjoy the support of the top management.
• A human resource professional would be better equipped for HRD Strategy
and Productivity if he/ she has a good understanding of the market dynamics,
changes in the economy, organizational processes and technological
developments.
CASE STUDY….
Facts of the Case: -
• ABC Pharma Pvt Ltd having 2000+ Employees
• Change in the Government Policy resulted in increased competition
• Need for Aggressive Marketing
• Requirement of one strong Marketing Person
• Mr. XYZ is the VP – HRD & is responsible for hiring the right person
• 3 candidates are shortlisted: -
– First Candidate: - Working with the same company from last 6 years
– Second Candidate: - Working with the same company from last 3 years and
bagged “Best Performer” Award in the last year.
– Third Candidate: - who is from the other company, having 3 years of experience
and had won “The Most Innovative Idea” Award in that company.