How HR strategy can add value to your organization

Human Resources strategy is an overall plan which dictates the direction that a firm would take in dealing with its HR needs. It is based on the overall strategy of the firm and its objectives. Indeed, a successful HR strategy has to be based on the overall objectives and strategy of the firm. Otherwise, the HR function in an organization can lose track and direction.Human resources planning should serve as a link between human resources management and the overall strategic plan of an organization.


Now how does HR strategy adds value to the organization. In the simplest of terms, HR strategy gives the organization a sense of direction and purpose with regards to its HR function. This means that the organization knows what it's looking for, and what it isn't looking for. Thus, the organization will have a better chance of attracting the best possible candidates, and reducing any wastage associated with unnecessary HR practices. This would save the firm a lot of cost and time. For if an organization recruits the wrong sort of person, and if its HR function foes not have any set strategy, then it would have to face grievances, conflicts, absenteeism, and turnover, which would lead to further cost in the shape of further recruitment.

Arguably, the success of any organization depends upon its people, i.e. its human resources. The role of HR strategy in any organization is to attract, select, and retain the most productive staff. In order to get the most out of employees, they have to be motivated to do their tasks properly. HR strategy can help an organization achieve this crucial aim by devising appropriate motivational mechanisms such as pay, and other rewards. Better motivation levels of employees would thus result in increased productivity, which translates into lower per unit costs for the organization.
Another significant way that HR strategy can add value to an organization is by making sure that there is no unfair discrimination and prejudicial conduct, which would result in law suits and further costs.
Developing and maintaining a productive HR strategy is a sure fire way to achieve the best out of your employees and to add superior value to your organization. It ensures that the organization has the adequate human resources to meet the goals and plans of the organization - the right people with the right skills at the right time. Keep an eye out for the change in trends that impact human resources and stay flexible in case the anticipated future requires a change.