A Human Resources Business Plan Essay - 1819 Words

TABLE OF CONTENTS Purpose 2 Mission Statement 2 Our Vision 3 Our Role 3 Department Strategic Plan 4 Strategic Objectives 4 Implications 7 Appendix ------------------------------------------------------------------------------------------------------------- 9 PURPOSE A Human Resources business plan allows you to shape the expectations the company has for what will be contributed and when. â€Å"This transparency adds value to the goals and role of the HR department.† (Gains-Robinson, 2016). It can improve business growth by helping a company achieve their objectives and to utilize their resources. Many industries consider their employees as the company’s most important resource. (Patten, 2016). Therefore, by hiring the right people from the start is a good way to help promote business growth within a company. Once hired, investing in the employee by providing guidance and training to develop new skills and to improve current skills, will help retain them. â€Å"Employees who feel they are developing their skills tend to be happier in their jobs, which results in increased employee retention.† (Patten, 2016). These new employees may one day take on leadership roles or other positions within the company, alleviatin g additional new hire fees, which saves the company money. (Mayhew, 2016). A Human Resource business plan adds significant value to a company, by being able to support and enable the execution of strategic objectives through building organizationalShow MoreRelatedHuman Resource Business Strategy Plan2154 Words   |  9 PagesHuman Resource Business Strategy Plan 1 This is the proposed Human Resource business strategy plan for ABC Technologies. 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