2.3. Explain the key stages in strategy formulation and implementation and the role of HR.

2.3. Explain the key stages in strategy formulation and implementation and the role of HR.

TITLE: Business Issues and the Contexts of Human Resources

Learning Outcomes:

1.  Understand the key contemporary business issues and main external factors affecting different organisations and the impact on HR.

1.1. Assess a range of different factors which impact on an organisation’s business and its HR function.

2.  Understand how organisational and HR strategies and practices are shaped and developed.

2.1. Analyse the forces shaping the HR agenda

2.2. Compare different tools for analysing the business environment

2.3. Explain the key stages in strategy formulation and implementation and the role of HR.

2.4. Examine HR’s contribution to business ethics and accountability.

3.  Know how to identify and respond to changes in the business environment.

3.1. Evaluate business performance and the role of HR in business planning and the change management agenda.

3.2. Assess and utilise different sources of business and contextual data for planning purposes

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