Asked by Jalen Taylor on May 13, 2024

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Identify an organization you are familiar with (such as from your work experience or from your textbook).Describe one reason why strategic planning is important to your chosen organization.Provide an example.

Strategic Planning

The process of defining a strategy or direction, and making decisions on allocating resources to pursue this strategy.

  • Elucidate the role of strategic planning within organizations and its influence on competitive prowess.
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JL
Jalisa LumpkinMay 16, 2024
Final Answer :
There are at least two reasons why strategic HR planning is so important: (1) employees help an organization achieve success because they are strategic resources, and (2) the planning process itself results in improved goal attainment.
Example: Strategic HRM can improve an organization’s performance. The goals of these HRM strategies are to shape employee behaviour so that it is consistent with the direction the organization identifies in its strategic plans. An articulated vision for the future may result in a more effective organization through increased motivation and performance, lowered absenteeism and turnover, and heightened stability, satisfaction, and involvement.