HR Strategy

A roadmap of HR is vital in syncing with the rest of the business on our team’s objectives and priorities. HR roadmaps can serve four main goals:

1. Priority mapping. Figure out which HR goals are most important for the business and which are doable.
2. Resourcing. Because resources in the HR department are limited too.
3. Hiring plans. How will new talent be added to the business? And how do we support the induction and onboarding of new hires?
4. Identify efficiencies. Figure out how the business can scale in the most resourceful and effective way. Identify opportunities to increase efficiency and effectiveness. For example, automating administrative efforts and streamlining onboarding.

Talk to your stakeholders

Hold interviews with your stakeholders and employees to see what their challenges or sore spots are. This step helps inform prioritisation, determine teams experiencing talent gaps and identify business areas that would benefit from efficiency-improving efforts. Three key questions are: what should we as a business start doing? What should we stop doing? What should we continue doing?

What are the 4 HR strategies?

There are four types of HR strategies:

• Bargain labourer HR strategy. Focuses on efficiency. Compensation is based on hours worked, with minimal benefits and long-term incentives. Training is limited to learning techniques for particular tasks.
• Free Agent HR strategy Consists in hiring professionals who already have critical skills, but they are not necessarily expected to remain with the organisation for a long period of time. Employees have extensive responsibility and freedom to decide within specific areas.
• Loyal soldier HR strategy. Employees are hired early in their career and are trained in different skills. Careers include promotions. Compensation includes long-term incentives and benefits.
• Committed expert HR strategy. Employees are hired early in their career and are trained to be experts in specific fields. Focuses on hiring and retaining employees who specialise in concrete tasks. Employees have a freedom to innovate and improve methods.