P/HR/68. Assess the role that the human resource management department can play in the strategic planning and management of a multinational company
(2003, 2000 words)
This report aims to assess the role that the human resource management department can play in the strategic planning and management of a multinational company. It analyses the concept of Strategic Planning, HRM in Strategic Analysis, HRM in Strategic Choices and HRM in Strategy Implementation. Conclusions are drawn that HRM department plays a major role in the strategic planning of a multinational company, and indeed, any company. Without this function new company strategy is almost certain to fail and consequently the HRM department must be involved closely with the strategic planners at all stages to offer advice and suggestions and general feedback regarding any possible changes.
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