STRATEGIC HR PLANS -

1. We seldom hear discussion or views on strategic HR as compared to the popular strategic marketing.  Why?
2. Is it because it is difficult to establish a clear set of HR objectives?
3. HR objective is to maximize productivity where output or outcome due to HR is at the highest when compared to input or HR costs.
4. Is it because it is difficult to set the right HR strategies to achieve the ill defined objectives?
5. Lets discuss the available or known HR strategies. 
6. We heard about certain HR compensation policies being adopted by some companies.
• Top or highest pay employers in the market.
• Top or highest pay employers in the industry.
• Also follow employers
• Low pay employers in the market and industry.            
7. We also heard about HR polices on training and competency development adopted by a company.
• Pay 2% on payroll
• Pay 5% on payroll
8. We heard about a company adopting either labour or capital intensive policy.
• Labour intensive strategy where more labour are being employed instead of paying high cost technology that uses less labour.
9. Whatever strategy adopted, the ultimate Key Performance Indicator is productivity where labour output per HR dollar is at the highest.  
10. We should now discuss the common key result areas of HR. 
• Relevantly trained HR
• Satisfied and motivated HR
• Proper authority and relevant information
• Accountable HR
11. Is there a set of generic strategies for HR?  Can the following assist us in the understanding of HR factor in management?
• Maslow's theory on the hierarchy of needs
• The hygiene theory
• Reinforcement theory
12. Is there a performance based strategies?
• Productivity linked wages
• Performance based employment
• Outcome based contract
13. Integrated functional HR Strategies in alignment with the strategic map ?
• Learning and growth perspective
• Operation and process
• Marketing Perpectives
• Financial Perspectives
14. BSC perspectives on HR
15. Projected additional capital and income
16. Justifying the HR strategies -  ROI on the HR plans.

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