Building and Developing Effective HR Business Plan

Course details

Following theAligning HR and Business Strategyprogram, this Building and Developing an Effective HR Business Planprogram is the second part of this three-part Aligning HR and Business Strategy Week.

75% of CEOs expect HR to be strategic partners when formulating business strategy, yet only 30% of HR leaders are living up to these expectations. Senior management's prevailing perception that HR does not understand the business is one of the key drivers for this disparity, based on global think-tank Economist Intelligence Unit’s research.

To become a strategic partner, you need to know how to develop a powerful business plan that demonstrates your commercial acumen, and at the same time, convinces your key stakeholders that your HR initiatives are worthwhile to pursue.

Following Clariden’s “Aligning HR and Business Strategy” executive program led by renowned Dr Linda Holbeche, this program is designed to help you create a compelling HR business plan that will help you gain management’s support and buy-in. Through this program, you will discover what stakeholders are looking for when they review your business plan, what are the key financial and business terms you should build into your business plan to demonstrate your commercial acumen and how to design a plan that will strategically align HR with key business initiatives. You will also learn how to gain stakeholders' commitment by building your own stakeholder engagement plan and leave the program with the confidence to deal with resistance and challenges from senior management. Linda will also share with you with a key HR business plan template that you can use to craft your next business plan.

You are encouraged to attend this program together with “Aligning HR and Business Strategy”, also led by Dr Linda Holbeche, author of best-selling HR book (Aligning HR and Business Strategy), so that you will leave the program with a clear action plan on how to roll initiatives that will allow HR to become a strategic partner to CEOs.

What You Can Expect

• Align your HR business plan to business needs by understanding your business challenges taking into consideration internal and external environment influences using the PESTLE framework, SWOT analysis and Galbraith model
• Gain confidence in winning stakeholders’ buy-in by becoming familiar with key business terms and C-suite language.
• Develop your HR business plan with practical framework including key elements such as the goals of the plan, risks, resources, milestones and key metrics for measuring success
• Build your own stakeholder engagement plan and find out how to effectively deal with resistance and challenges from senior management
• Plan for successful implementation plan with an outline action plan including for example, proposed arrangements for communication, consultation, involvement, training and change management.

Who Will Benefit Most

This program is designed for but not limited to all senior Human Resource, Organizational Development Managers and Directors who are responsible for developing and presenting HR business plans to stakeholders for buy-in and approval. HR leaders seeking to gain greater business acumen to build a plan that is aligned to organizational goals will find this program relevant and effective.

Program Outline

DAY 1

• Welcome, introductions, ice-breaker, workshop objectives and ways of working
• Seeing the Big Picture: increasing potential for success
• Analyzing own organization’s business plan and implications for HR plan
• What are your stakeholders looking for when they review your HR business plan?
• How to convert HR objectives into value-added business outcomes
• HR Management and organization structure: Organizing for effectiveness

DAY 2

• Implementing the HR plan
• Learning review
• Developing a marketing and involvement plan
• Preparing the line for change
• Determining which HR measures to collect
• Building your own personal business plan
• Learning review and action planning