Wednesday, May 6, 2020

Human Resource Management Strategic Planning - 1849 Words

Human Resource Management is crucial to any organization’s success; do I believe that it should be a part of the overall company’s strategic plan absolutely by aligning Strategic planning within an organization it plays an important role as to how productive the organization is. Human Resource Management has many different aspects and each one of these has a part of the overall strategic plan of the organization for example Staffing, Policies, Compensation and Benefits, Retention, and of course Training and Development. The A.P. Moller - Maersk Group is a worldwide conglomerate from Copenhagen, Denmark. This company operates in more than 130 countries, employing approximately 117,000 people. The A.P. Moller - Maersk is a Group of businesses with the core focus on shipping, oil gas. In 2008 Maersk’s saw slower growth across many of their business lines due to the global recession that hit that year. Maersk needed to act quick and started to transition from admini strative to strategic human resource management. By Maersk doing this it led to a new talent management process for the company. Maersk also established a number of performance management tools and processes to help embed sustainability into their performance culture. In 2011, Maersk did a reputation assessment survey among key stakeholders. The conclusions from the survey were that stakeholders had more positive impressions of Maersk. When Maersk promotes employees from within the company it would beShow MoreRelatedStrategic Planning : A Building Block Of Human Resource Management1117 Words   |  5 PagesStrategic planning is a building block of human resource management. It plays an important role in colleges and universities and is essential in today’s changing society. It involves vision, mission, and outside of the box thinking. 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