1. 2c. Strategy and supporting policies are developed, reviewed and updated by Lisa Chemnitz 3 rd semester IB student International HRM Dresden, 10/01/11
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3. 1. Introduction HR strategy = planning of personell resources for their most efficient and effective use in order to fulfil the mission and vision of the company Supporting policy = to provide guidelines to apply a strategy (e.g. Recruitment policies, Coaching policies) -> efficiency-oriented organization if people are aligned to strategy
4. 2. Vision of a perfect HR strategy high performing workforce: - stable - well motivated - involved - highly skilled working environment: - safe - non-discriminatory - efforts are properly recognized and rewarded
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7. 5. Linkages Enablers Results Innovation and Learning Leadership People Policy and Strategy Partnerships & Resources Processes People Results Customer Results Society Results Key Performance Results
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9. Step2: derive HR strategy - set up most effective ways to attract, motivate, develop new and existing talents - define a set of key people initiatives to support the overall business strategy - develop guidelines and decide what to focus on — and what to ignore e.g. Age management, Talent management, external recruiting providers, Competency management - ensure that HR goals and objectives are aligned with the company's vision, mission and core values