HRM 498 Week 3 Learning Team Strategic HRM Plan Part II Strategic Plan and Environmental Analysis Report
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www.hrm498entirecourse.com Strategic Plan Overview (Part A)
Write a 500 word paper identifying two strategic plan objective for your company (Examples of strategic plan objectives include company growth/expansion, product or service diversification, quality improvement, talent acquisition and retention, increase company brand recognition, increase community partnerships/alliances, etc.) Identify two different HR conditions and explain how one of these conditions impacts your first strategic plan objective and how the other HR condition impacts your second strategic plan objective. Make recommendations on actions needed to improve these HR conditions in order to achieve strategic plan objectives. (HR conditions include staffing levels, job/position vacancy rates, labor/talent availability, benefit costs, overtime costs, competitiveness of wages)
Environmental Analysis Report (Part B)
Research one of the below listed environmental factors affecting the HRM planning process of your selected company such as the following: Write a 350- 500-word summary of your environmental analysis.
Internal or external industry trends Economic factors Legal and legislative issues Internal or external technological changes Demographic or labor trends Social concerns, such as education, family, or sustainability factors
Gap Analysis (Part C) Complete the Gap Analysis Matrix