Why a manager should have a thorough understanding of HR Management. The research study in this week readings identified organizational strategy of the banks they studied as defender,analyzer,and prospector.
Researchers determined that by aligning HR practices with organizational strategy, the banks were likely to have nearly 50% higher ROA and ROE.
Given that strategic human resource management appears to be important to improving an organization bottom line, what should be HR role in the strategic planning process?
How does this occur in your organization? What recommendations would you make to enhance the role of HR in strategic planning for your organization?