discussion 2.docx - Strategic planning is the process of...

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Strategic planning is the process of defining organizational strategy, or direction and allocating resources (capital and people) toward its achievement. Usually covers a 3-5 year timeframe. HR departments should be involved in strategic planning. There are a variety of alternatives when planning global operations. HR approaches to international staffing are divided into four categories: ethnocentric, polycentric, regiocentric and geocentric policies. HR planning has a four step process also which includes review organizations environmental analysis/strategic plans, assess external and internal workforce, compile HR planning forecasts and develop HR staffing planning and actions are all part of HR planning. Managers should evaluate and revise the strategic plan on a periodic basis when planning to react to future events. Managers may use various ways to managing a talent surplus. Most
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