Discuss environmental analysis in the context of HR planning.
What will be an ideal response?
| Before managers in a company begin strategic planning, they study and assess the dynamics of the environment to better understand how these conditions might affect their plans. The process of environmental scanning involves evaluating how external and internal environmental conditions may affect the organization.The HR department should be involved in this process to make sure that the employee perspective is considered.The external environment includes many economic, political, and competitive forces that shape the future. From an HR perspective, the internal environment includes the quality and quantity of talent, the organizational culture, and the talent pipeline and leadership bench strength.Opportunities and threats emerge from the external environment and can impact an organization's outcomes. Many of these forces are not within the company's control but must be considered in the scanning process because they can affect the viability of the business. Being able to deal with uncertainty in the external environment is an important skill for planners. The external environmental scan includes an assessment of economic conditions, legislative and political influences, demographic changes, and geographic and competitive issues. |
Business
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Fill in the blank(s) with the appropriate word(s).
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Fill in the blank(s) with the appropriate word(s).
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Indicate whether the statement is true or false
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Fill in the blank(s) with correct word
Business