HR Defined: HR Certification Workbook: Equipping HR pros with the tools needed to ace their certification exams By Cari Hawthorne
Vocal Characteristics
Language
EnglishVoice Age
Young Adult (18-35)Accents
North American (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
business management and strategy. Summary summary Business management and strategy are about developing, contributing to and supporting your organization's mission, vision, values and strategic goals. It provides the direction that enables an organization to achieve its long term objectives. Strategic planning is a process that helps an organization focused on how to succeed in the future by evaluating the organization's current status, where it would like to be and how to get there. It also integrates the goals of the primary business functions financial, accounting, business development, marketing, sales, operations. I t. H R. To achieve success. Simply put, it's a complete look at how to position an organization for future success. Further explained. Strategic planning is imperative, as it does the following development maintain a competitive advantage, ensures the stakeholders can contribute, understand and support visions. Last strategy leaders are taught to recognize challenges and problems and how to solve them. Encourages forward thinking and clarifies individual responsibilities that are allocation of time and resource is increases profitability and fosters a proactive rather than reactive culture. As an HR professional, you need to know that strategy could be done in these four steps. Stuff one strategy formulation. Step two strategy, development, Step three. Strategy, implementation and step for strategy Evaluation Step one. Strategy formulation, Mission Vision values What are they? Mission statement Tens of detailed explanations on the elements of a mission statement. Simply put, the mission statement should detail why your organization exists. Example. Google Mission statement To organize the world's information and make it universally accessible and useful. Vision statement. Like the mission statement, many detailed explanations, but simply put, your vision statement should describe the future of the company as a successful organization. Example. Google Vision statements to provide access to the world's information and just one click further explained, You should be able to visualize vision statements if it describes the future. What would the company look like in 10 20 years from now? Values the values described what is essential to an organization and often dictates employee behavior. The heart and culture of an organization. Example. We value a supportive openwork atmosphere that promotes teamwork and creativity.