Human Resources strategy is based on a composite of management planning policies, organizational need reviews, performance reviews and initiatives, and business situations defined by management. The practical applications of Human Resources strategies are generally only noticeable at the training level.
The plan is designed to:
- Identify training needs
- Identify staffing needs
- Deal with performance issues by creating training options
- Meet skills requirements (new technology, systems, etc.)
- Staff development
Human Resources strategy may contribute to restructuring based on costs, productivity, staffing levels, payroll budget, and related issues.