This strategic human resource plan needs to include a swot analysis, mission, vision, principles. This a food manufacturing company called XYZ and has 1,600 employees in Troy, AL. Please be creative with plan.
We have discussed Strategic Human Resources many times throughout the term, now you will work with your assigned group to write a 10 page paper (Minimum of 10 pages, Max of 12) using APA formatting. The paper must be Times New Roman, 12pt Font. Charts, Pictures, etc are allowed as long as they follow APA formatting and support your plans/claims.
This assignment is to create a Strategic Human Resources Plan for XYZ Industries, a manufacturing company in Troy, Alabama with 1,600 employees.
If you want to get a head start, review Ch 16 and I also recommend checking out SHRM for additional support on what should be included in a Strategic HR Plan. SHRM has some great resources for you to review and Ch. 16 has some great prompts to help you as you spell this out.
A few tips:
I provide ample flexibility as I’ve found my classes to have varying experience in the HR world. I HIGHLY recommend reviewing https://www.shrm.org/resourcesandtools/tools-and-samples/toolkits/pages/practicingstrategichumanresources.aspx?_ga=2.1628977.1275640098.1627228177-151836398.1626106211Links to an external site. for a potential framework.
There is a LOT of information you have not been given, so aside from the facts above, be creative. We live in incredible times so you have a ton of real world concerns you could address.
However, the basics I’d like to see included are:
Address four critical questions:
Where are we now? (Assess the current situation.) Consider the following for more prompts:
Describe staffing and skills needs and assumed gaps based on labor market (i.e people are hard to find right now, what’s your plan to find them for a company of this size).
Describe basic competitive pay and benefits and why they’re important. (I don’t need actual wages for this assignment, just recognition of the importance of being competitive and how it fits into your overall plan. )
What’s happening in the world around your company (this is similar to the first bullet) (i.e. are shipping and logistics creating issues for your company? are other companies having a hard time finding people, thus raising their wages, how does this impact you)
Where do you want to be? (Envision and articulate a desired future.) Don’t make this more difficult than it has to be. Be creative about your company and put on paper where you want to be in the future.
How do we get there? (Formulate strategic objectives.) If your goal is to increase profitability as a company, how will HR handle their portion of this responsibility? Decrease turnover, what do you plan to do? If your goal is to increase hiring, how do you plan to do this? Decrease hiring costs? Essentially, how are you going to operate in a tight labor market. There are a TON of articles on the current challenges and how orgs are addressing them.
How will you evaluate progress.
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