Create a Winning Strategy with Strategic HR
Strategic HR can help any organization to better achieve its business goals by devising a plan for managing human capital so that it is properly aligned with business goals and activities. An effective HR strategy sets the direction for all the key areas of HR, including hiring, performance appraisal, employee development, and compensation. It is a long-term plan that will help to guide your HR decision making in the future, ensuring that HR policies and procedures help to support your organization’s business objectives.
However, many HR departments (or smaller companies without any dedicated HR personnel) find themselves so swamped with their day-to-day HR functions that they don’t have the time or the resources to devote to designing and implementing a strategic HR plan. That’s where TPG HR Services can help. Our staff of talented and experienced professionals can work with you to develop a strategic HR plan that works for your business and help to ensure that your company’s HR practices align with your business objectives. Our team can also help to ensure that your HR policies and procedures stay “on-track” with this plan as your company continues to meet the challenges of the future.
Characteristics of Effective Strategic HR
There are a number of characteristics that define an effective HR strategy. According to the Academy to Innovate HR, the following characteristics will be present in any successful HR strategy:
- It requires an analysis of the organization and the external environment.
- It takes longer than one year to implement.
- It shapes the character and direction of Human Resources Management activities.
- It helps in the deployment and allocation of organizational resources (i.e. money, time, personnel).
- It is revised on a yearly basis.
- It incorporates the expert judgment of senior (HR) management.
- It is number-driven.
- It results in a specific behavior. 
The Importance of Following Best Practices when Developing an HR Strategy
When embarking on any important and large-scale business project – and designing and implementing an appropriate HR strategy is certainly that – it is critical to keep in mind the best practices in the field in question. At TPG HR Services our team of professionals has extensive knowledge of the latest HR best practices in all areas, including those pertaining to developing and implementing HR strategy that will help your business meet the challenges and seize the opportunities of an ever-shifting business landscape. The following list includes some of the best practices that we will keep in mind when helping you to develop the type of strategic HR that can help your business succeed today.
The 4 Step Process to Developing a Strategic HR Plan
According to the Society for Human Resource Management, the best method for developing a strategic HR plan involves a 4 step process. This process will answer questions about your organization such as: “Where are we now?,” “Where do we want to be?, ”How do we get there?,” and “How will we know if we are on track toward our intended destination?.” TPG HR Services can help you to devise the type of strategic HR plan that meets your organization’s specific needs. We will work closely with you to help you answer these questions and develop an effective strategic HR plan that aligns with your organization’s business objectives. Based upon our experience in the field and SHRM’s research-based best practices, the recommended steps to developing an effective HR strategy are as follows: 
Take Charge with Strategic HR
If you feel like your HR responsibilities are being treated as an afterthought – or your HR team is constantly reacting to situations instead of driving toward a well-conceived goal – a dose of HR strategy may be just what you need to finally get ahead of the curve. The experienced team at TPG HR Services can help you design and implement a strategic HR plan that can drive success at your organization. Take charge by calling us today at 732-917-6000.
- Academy to Innovate HR, https://www.digitalhrtech.com/human-resource-strategy/
- Society for Human Resource Management, https://www.shrm.org/resourcesandtools/tools-and-samples/toolkits/pages/practicingstrategichumanresources.aspx