What is strategic planning?
Strategic planning represents the big picture, the long-term plan for your HR department and it can represent a challenge for many professionals working in the industry. That’s because while tactical decisions have relatively immediate results, strategy takes far longer to fully implement, and depends on a number of factors and decisions being made correctly.
Good strategic planning in HR is predicated on the involvement of all stakeholders in the process (including the heads of other departments), consistent data analysis policies to provide actionable information, and high-level employee engagement. The combination of these three factors will allow you to fully appreciate the true long-term prospects of your company.