This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is strategic planning? What role can HR professionals play in strategic planning? What will ... (Read 150 times)

mydiamond

  • Hero Member
  • *****
  • Posts: 804
on: Jul 7, 2018
What is strategic planning? What role can HR professionals play in strategic planning?
 
  What will be an ideal response?

Question 2

Although shareholders invest money in a firm, they have very little influence on management.
 
  Indicate whether this statement is true or false.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Andromeda18

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 7, 2018
Answer to Question 1

Answer: Strategic planning is an ongoing process that is constantly changing in order to find a competitive advantage. Strategic planning attempts to position the organization in terms of the external environment. Companies always need to look for ways to stay competitive, gain market share, and be the first to innovate a new product or service.

Today, HR professions are increasingly taking on the role of being a strategic partner with upper management. In this role, HR professionals are able to focus on matters that are truly important to the company as a whole. They can help the CEO and CFO understand the role human capital plays in the organization and the way it combines with business processes to expand or shrink shareholder value. HR professionals are integrating the goals of HR with the goals of the organization and focusing on expanding its strategic and high-level corporate participation with an emphasis on adding value.

Answer to Question 2

Answer: FALSE


mydiamond

  • Member
  • Posts: 804
Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

The role of Hox genes 9–13 in specifying limb formation from the proximal to distal The role of Hox genes 9–13 in specifying limb formation from the proximal to distal
The size of the antlers play a significant role in establishing the hierarchy in the group The size of the antlers play a significant role in establishing the hierarchy in the group
Role of binding energy in catalysis Role of binding energy in catalysis
Role of cooperativity of binding in regulation Role of cooperativity of binding in regulation
Young adulthood brings the greatest number of role transitions and highest levels of demands than ... Young adulthood brings the greatest number of role transitions and highest levels of demands than ...
Handbook of Informatics for Nurses and Health Care Professionals, 4/E Handbook of Informatics for Nurses and Health Care Professionals, 4/E
Video: Dissociative Disorders (Part 1)

For a complete list of videos, visit our video library