Corporate Strategy

Concept of Learning and Development Strategy in an Organization

Learning and Development

Learning and development activities support the achievement of its goals by developing the skills and capacities of individuals and teams. Learning acts as a pathway to development and is a necessary ingredients if business organizations wants to attain its business objectives and create necessary market advantage, and more importantly create a more engaged and committed workforce. Learning eases the attainment of

Strategic Human Resource Management

Strategy in a nutshell refers to a plan/course of action organizations undertake to achieve its aims. Similar to this different functions of the Organization have their own strategies to achieve their goals, but goals of the Departments must be in line with the Organizational Goals. Strategic Human Resource Management is the utilization of Human Resource in a way that it serves as a stimulator and facilitator to attain organizational aims.

Three Roles of HR in an Organization

 
 

HR Plays a key role in the process of managing and efficient working of the business organization, HR role in the business is more than what a normal departments do or what an HR department does. HR role is to take a lead role in initiating activities, provide guidance, support and services in all matters that are linked to employees. It is about propviding a service where by organization get thingsa done through people.

Learning and Development Strategy

 
 

Learning and Development strategy focuses on achievement of business goals through promotion of human capital. L&D strategy shall be business led, and shall be designed in a way that Human Capital adds to the attainment of Business Objectives through personal learning and development with organizational support. The philosophy behind L& D is the creation of an environment where learning thrives and employees focus on personal development that adds to the organizational performance. This concept of a learning culture is associated with that of the learning organization.

Link between Organizational and HR strategy

HR-Business-strategy
 
 

Creating a fit between varied organizational factors is always a daunting task, but it has to be performed in order to move the organization forward in an organized and cohesive manner, what it does is that it removes ambiguities, clears the vision, helps develop a commitment to 'what needs to be attained', helps establish the necessary dos and don’ts of the business, clears the air and bring things to normality, stops the blame game and most importantly figures out the responsibilities.

Effect of Training on Job Satisfaction

 
 

The research will use both quantitative methods. Data will be gathered through the use of questionnaires. The intended procedure for data collection is through Random Sampling. It is proposed that data will be collected from both Operational and Management level employees. Data will be gathered from a "Choose Your Business Entity".

The Concept of Strategy and Strategic Management

 
 

Strategy in simple terms refers to the plans organization formulates to meet its end objectives, Strategies are devised to ensure market success and achieve competitive advantage. Johnson and Scholes define strategy as

Importance of Organizational Structure in Organizations

Orgnizational Structure
 
 

Organization is uniform, structured and co-ordinate effort for achievement of economic/financial objectives for profit seeking firms and social for non-profit Organizations. To Satisfy Objectives, organization channel employee endeavors in unified direction and establishes means of allocating resources/responsibilities and control under arrangements referred as structure.

Ingredients of an HR Strategy

Components of HR Strategy

For Instance the business strategy is to "Accelerate product/service launch by strengthening Research and Development team". The HR business strategy must be in line with the strategies of the business organization, Understanding the business strategy, that highlights the ultimate business objective and the means to do it, HR strategies shall be formulated keeping in view the aforementioned business strategy.

Importance of Good Organisational Structure

A well-designed organizational structure facilitates effective communication and collaboration among employees. Clear reporting lines and defined roles promote efficient information flow, coordination of tasks, and teamwork. It reduces confusion and ambiguity, allowing employees to work together towards shared objectives and minimizing duplication of efforts.

Fundamentals of Corporate Strategy

 
 

Strategy, in simple terms refers to the plan one has to achieve his/her objective, its about how we would get "there", its futuristic and with the aim of attaining defined goals in the future. In other words, Strategy is the approach selected to achieve defined goals in the future.

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