Portfolio Project #1: Human Resources Strategic Plan
Portfolio Project #1 provides data from a hypothetical organization. The data can be found in the attachment provided.
You will create a strategic plan that aligns the human resources (HR) function with the organizationâ€™s mission, vision, and objectives. The overall scope of the Portfolio Project is to create a â€œShared Servicesâ€ structure for HR that will be housed at the organizationâ€™s corporate offices.
Most of us are aware of the term â€œpurpose statementâ€ but are unsure of its real meaning within an organization. It is a statement describing the organizationâ€™s purpose, or the reason for its existence. The purpose of an organization reflects a desired position in the marketplace. It should accurately answer to the questions below. The purpose statement is the written summary of those answers.
Who are we?
We are the Human Resources Department for Karma Boets. We are a team committed to delivering a high quality resource to assist individual business units, employees, and the organization as a whole.
What do we do?
We develop, implement, and maintain human resource policies and guidelines that contribute to the overall business goals of the organization. We are responsible for recruiting talent, handling employee relations, ensuring compliance with legal regulations, and promoting the professional growth of the organizations and its employees.
For whom do we do this?
We maintain our primary focus on two fronts. First, we believe we can play an instrumental part in bringing success and growth to the business by managing its most important resource, its people. Second, we are here to help each employee realize their potential, and help them set a success path in achieving those goals.
How do we know when we are getting it done?
By setting a high bar for ourselves, seeking feedback from those we help, and giving ourselves honest assessments, we are able evaluate the level of service and value we bring to the organizations. By using clearly defined performance metrics, we can see firsthand the impact we are having on those we serve.
The purpose statement is the written summary of those answers. The most effective purpose statements are short, concise, and direct. A good purpose statement is between 2â€“3 sentences.Answer the four questions above and create a purpose statement for your HR department. Submit the answers to the four questions and the purpose statement to your instructor for review.
HR Purpose Statement
â€œThe Human Resources Department at Karma Boets is dedicated to providing high quality support and assistance to both the business and its employees. Our goal is to maximize the growth potential for both the organization and the individual so that we can all work together to achieve our goals.”
Company name: Karma Boets
Services provided: Food/Beverages – Karma Boets is a large company that has dozens of organic coffee houses spread throughout the country.
Required Topics – Be sure to cover the following and use the following headers (in bold):
Your strategic plan should include:
Table of Contents
Section 1- Executive Summary– This should not be longer than 1 page.
Section 2- Analysis and evaluation of alignment– In this main section, describe why HRâ€™s alignment with the organization is important. Describe strong analysis is important to determine whether HR is in alignment. The following subsections are the results of your analysis.
Subsection 2a- Strategic Contribution– How does each HR function contribute to the organizationâ€™s strategy? What are examples?
Subsection 2b- Personal Credibility– What does it take for an HR professional to be credible? What are ways to build credibility? How can credibility be measured?
Subsection 2c- HR Delivery Metrics– What are the qualitative or quantitative measurements in the functional areas of HR could be used to measure activity? These may or may not be financial. These measurements may not essential/critical to success.
Subsection 2d- Key Performance Measurements Per managementabout.com, â€œKey Performance Indicators [KPIs] are quantifiable measurements, agreed to beforehand, that reflect the [most] critical success factors of an organization.â€ These are normally not financial. Why are KPIs important for human resources? Which ones will you use for this case study? What are the quantifiable targets for those KPIs?
Subsection 2e- Action Plan for Each Functional Area– What steps are taken to ensure the following functional areas are set up to be in alignment? Recruiting, performance management, training and development, compensation and benefits, employee and labor relations, and health safety and security. Itemize your response such as Step 1, Step 2, Step 3, etc.
Subsection 2f- HR Mission Statement– Per www.mindtools.com â€œThese statements are set in the present tense, and they explain why you exist as a business, both to members of the organization and to people outside it. Mission statements tend to be short, clear and powerful.â€ Youâ€™ll need to create the mission statement based on the case scenario and analysis. What is HRâ€™s primary purpose?
Subsection 2g- HR Vision Statement and Objectives Per www.mindtools.com, â€œVision statements also define your organization’s purpose, but they focus on its goals and aspirations. These statements are designed to be uplifting and inspiring. They’re also timeless: even if the organization changes its strategy, the vision statement can often stays the same.â€ What does HR want to become in the future? What are 3 new goals for the HR department beyond what is provided in the case study?
- Ten pages minimum (not including the title page, table of contents, reference page or appendix) will be needed to complete the project.
- Support your analysis and recommendations with 5 credible sources.
- APA Format