A comprehensive human resource strategy plays a vital role in the achievement of an organization’s overall strategic objectives. The followings are several HR Strategies that are adopted by Fortune 500 firms, to ensure ever-growing profitability and productivity;
- It has the right people in place
- It has the right mix of skills
- Employees display the right attitudes and behaviors, and
- Employees are developed in the right way.
- Articulate clearly the organization’s vision, mission and values
- Employees are clear with the compensation and reward systems