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More On The Second Step To Great Management
By Ron | December 11, 2009
So I told you that the Human Resources Department should also have a Business Plan (Step 2). Based on my suggested model, I’m providing some of the ingredients that I developed for an electronics company:
The stakeholders – Employees, Customers, Stockholders and the Community.
External Trends – I included: the pending recession, the challenge of globalization, increased automation, the changing workforce and immigration.
SWOT for HR – For this company, I said that their Strengths included their formal teams that improved quality and productivity, that their people were focused and that the company was small enough to respond to the market place quickly. Their Weaknesses included high benefit costs and some weak managers. Their Threats were business fluctuations, hiring the wrong people, and a failure of some employees to be flexible. The Opportunities were in hiring the right people and in employee/management development.
Their Mission in the HR Business Plan was: …to champion a total quality of work-life where every person is part of one team obsessed with satisfying internal and external customers and that we wamt each person to have job satisfaction, motivation and a sense of purpose.
The Execution Plan included (based on their SWOT) – Hiring the best by tightening up their screening process and presenting the Interviewing Seminar to all managers, Re-evaluating their insurance carriers and conducting a wellness program to reduce benefits costs, Introducing an Executive Leadership Program to ensure that their growth is managed properly and their employees are trained for flexibility, etc.
Topics: HR | 1 Comment »
December 11th, 2009 at 4:58 pm
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