HR Planning - Emerging Importance in a Changing Economy

             According to Ashcraft, "Strategic planning means creating strategies that meet not only the present, but also the future and developing needs of the company in the human resource management area. " Strategic Human Resources Planning is a serious element that has been missing or misinterpreted in many companies.
             In today's constantly changing business world, the concept of partnering with the business has been the rallying cry for most Human Resources organizations. Unfortunately, most Human Resources functions do not have strategic plans that are linked to the specific goals or objectives of their companies.
             Luckily, many companies now understand that HR strategic planning is very important to corporate future success. Where companies used to spend most of its costs on raw materials and equipment, now human resources are the major investment of businesses today. In today's competitive market, company's success is defined by its ability to attract and keep talented, experienced and productive employees. Therefore, a company has to try to meet all employees' needs to guarantee it's future growth and success.
             In order to foster a positive working environment, many companies have implemented team-based management style. Instead of hierarchical organization where employees report to one single boss, here employees are assigned to a group and they are responsible for the assigned project. In a team, people tend do be more productive than doing a particular task by themselves. It promotes innovation and creativity and helps everyone understand the basics of human behavior and motivation. Most of all, it teaches everyone how to deal with problem team members and resolve conflicts without management intervention.
             This treaded discussion opened my eyes to other management styles that still exist in companies every day. It also made me realize how lucky I am having team-based management availab...

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