toolkit

Module CPS1

HR Strategy

HR Strategy

This Module defines HR strategy, demonstrates the importance of clear, solid principles in organisational maturity and offers a simple tool for predicting the potential impact of managing people for maximum value.

 

Price £6.50

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HR Strategy is all about competitive advantage 

HR Strategy is a huge subject but it all boils down to one thing - achieving the best possible, sustainable, competitive advantage through people. In conventional HR practice most 'HR strategies' look almost identical because they comprise many common elements (e.g. policies on employee engagement, talent management etc.) when in fact true strategies should always be looking to differentiate from the competition - not copy them. 

HR strategy incorporates everything that an organisation does to realise the full value potential of its people and this is a complex process that takes a great deal of time to come to fruition.  Nevertheless, making the effort is well worth it because this is one source of significant competitive advantage that is very difficult for competitors to replicate. 

Helping the organisation to mature

This Module concentrates on ensuring that your HR strategy really qualifies as a strategy and not just a set of HR policies and procedures.  It demonstrates that the main building block of HR strategy is developing the maturity of the organisation around a common set of guiding principles, using examples from Toyota - a company that more companies have tried to emulate than any other, anywhere in the world. 

 

The basis for this development is the HR Maturity Scale which covers the full spectrum of HR roles from reactive, transactional work to the ultimate goal of acting as a full strategic partner. As with all strategies though the key is to be able to predict, as accurately as possible, what is likely to happen in the future so that employees can be developed for whatever lays ahead and this Module provides a very simple technique for this very specific purpose.  It aims to get the business to consider the full human implications of its business strategy and to ensure tha t HR and business strategies become one and the same. 

Module Objectives

Completing this Module will improve your professionalism by enabling you to:

 

  • Define what an HR strategy is
  • Understand all of the main component parts of HR strategy
  • Articulate clear organisational principles in a way that all employees can use them as a personal guide
  • Produce a set of principles that are completely coherent and mutually reinforcing as part of the business model
  • Assess your organisation's position on the HR Maturity Scale
  • Identify key indicators of a mature HR function
  • Take a long-term view to predict strategic HR needs for the future
  • Appreciate the importance of ensuring HR strategy is in at the start of business strategy formulation

 

 

 

 

 

 

 

 

This module overlaps with

Human Capital Reporting

Human Capital Reporting

Human Capital Reporting provides important indicators of how much value an organisation is creating from its human capital

People Information & Measurement

People Information & Measurement

Organisations often have too much data and not enough information; this Module shows how to produce crucial people information

Learning Strategy

Learning Strategy

All organisations require a Learning Strategy in order to achieve never-ending improvement from innovative and creative employees

Organisation Design

Organisation Design

Organisations are changing all the time but often by default, this Module uses a professional and systematic approach.

The CPS Professional Toolkit

The CPS Professional Toolkit

Every Module in the Series requires competence in using the Professional Toolkit

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