Human Resources Strategic Plan Management Essay Paper (Essay Sample)

Human Resources Strategic Plan
Name
Institution
Table of Contents TOC \o "1-3" \h \z \u Executive Summary PAGEREF _Toc491965984 \h 41.0 Introduction PAGEREF _Toc491965985 \h 52.0 Strategic Plan for HR Department PAGEREF _Toc491965986 \h 52.1 HR Mission Statement PAGEREF _Toc491965987 \h 52.2 HR vision statement and objectives PAGEREF _Toc491965988 \h 62.3 Strategic Contribution PAGEREF _Toc491965989 \h 62.3.1 Recruitment and Selection PAGEREF _Toc491965990 \h 72.3.2 Performance Management PAGEREF _Toc491965991 \h 72.3.3 Training and Development PAGEREF _Toc491965992 \h 72.3.4 Compensation and Benefits PAGEREF _Toc491965993 \h 82.3.5 Employee/Labor Relations PAGEREF _Toc491965994 \h 82.3.6 Health, Safety, and Security PAGEREF _Toc491965995 \h 92.4 Action Plan for each Functional Area PAGEREF _Toc491965996 \h 92.4.1 Recruitment and Selection PAGEREF _Toc491965997 \h 92.4.2 Performance Management PAGEREF _Toc491965998 \h 92.4.3 Training and Development PAGEREF _Toc491965999 \h 102.4.4 Compensation and Benefits PAGEREF _Toc491966000 \h 102.4.5 Employee/Labor Relations PAGEREF _Toc491966001 \h 102.4.6 Health, Safety, and Security PAGEREF _Toc491966002 \h 112.5 Personal Credibility PAGEREF _Toc491966003 \h 112.6 HR Delivery Metrics PAGEREF _Toc491966004 \h 122.6.1 Employee Engagement PAGEREF _Toc491966005 \h 122.6.2 Performance PAGEREF _Toc491966007 \h 122.6.3 Turnover PAGEREF _Toc491966009 \h 132.7 Key Performance Measurements (KPM) PAGEREF _Toc491966011 \h 132.7.1 Management by Objectives PAGEREF _Toc491966012 \h 132.7.2 Self-Assessment PAGEREF _Toc491966013 \h 142.7.3 Balanced Scorecard PAGEREF _Toc491966014 \h 143.0 Conclusion PAGEREF _Toc491966015 \h 144.0 References PAGEREF _Toc491966016 \h 16
Executive Summary
Human resource functions encompass barriers and increase responsibilities for workers. To streamline our department with the corporate mission, vision, and goals, we developed our own statements and 8 goals in that regard. Our mission statement is to support our corporate mission, vision, values, and principles by supporting a working environment that is conducive for harnessing creativity and innovation, and promoting top-notch customer service standards. Our vision statement is to become a world class company, the standard by which others are measured, the HR department vision is to cascade the corporate mission, vision, and values to all levels, subsequently attaining excellence through our people, policies, and processes. We have contributed to the organization through recruitment and selection, performance management, training and development, compensation and benefits, labor relations, and health, safety, and security. Moreover, we have designed astute action plans for each area while maintaining our credibility. To quantify the costs and impacts of our programs as well as processes, we will leverage employee engagement, performance, and turnover as the main HR delivery metrics. To identify whether our processes were useful in the first place, we will use MBOs, self- assessment, and balanced scorecard as the main KPMs.