Corporate and Human Resource Strategy is important for an organization. Their importance may be discussed in the following points:
1. Environmental scanning: Corporate and human resource strategy can help in scanning the environment for proper formulating the strategies.
2. Proper functioning: If corporate and human resource strategy is adopted, proper functioning of human resources can take place.
3. Proper Discipline: proper discipline may be established over the organization human resource activates.
4. Cooperation: Without cooperation management cannot do anything properly. If organization follows corporate policy it may get cooperation from top management.
5. Fund allocation: Timely implementation of any strategy needs funds. Top management allocates the funds to execute the strategy.
6. Ensured control: If corporate HR strategy is followed by the business units, they must abide try the rules also. Thus control is ensured.
7. Unity: Corporate and human resource strategy encourages people to be united for the plans and polices.
Follow