What is an HR Strategy?
HR strategy refers to the strategy that you as a company use to ensure optimal performance of your human resources (employees). The HR strategy is an important part of company policy and can help the company to give or maintain an advantage in the market. An HR strategy includes the overall approaches and lines by which the company ensures that people are deployed effectively to accomplish the company's mission.
Examples of parts of the HR strategy could be:
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The positioning of the company with attractive working conditions and conditions
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how it encourages employees to grow and develop within their role
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and involving (and keeping employees involved) in the company.
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An HR strategy can also include how the company attracts, selects, trains and retains the right people, and how it ensures employees are productive and contributing to the company.
Creating and implementing an HR strategy requires an understanding of the company's needs and objectives, as well as the strengths and weaknesses of the current HR policy and system. It is important to regularly evaluate how effective the HR strategy is and make adjustments where necessary.