Posted: September 15th, 2015

Crucial components of strategic HRP

 
Strategic HRP refers to the careful (long and short term) planning of all HRM processes (e.g. staffing, HRD, performance management, remuneration, career progression) in order to ensure that their outcomes reflect and contribute to the overall goals and objectives of the organisation.
Discuss the crucial components of strategic HRP (labour market analysis, talent demand and supply, employee reward and development systems) in your industry or an industry of your choice.

What are the possible challenges, and how might they be addressed?

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