Understanding business strategy and translate it into talent implication is among key challenges of HR
There are four main challenges that reduce the effectiveness of HR strategic planning
Understanding business strategy
HR fails to understand short and long-term strategy of the business HR fails to identify critical HR capability needed to support business strategy
Translate business strategy into talent implication
HR fails to understand HR success metrics associated with business strategy HR fails to identify connectivity between HR functions and programs HR lacks the framework to build a compelling business cases for its strategies and budget HR infrequently communicate the strategic plan to a limited group of stakeholders
Obtaining buy-in from the business
HR lacks the tools to measure the success of the HR strategic plan overtime HR has no clear framework for adapting the strategy as needed
Adapting strategic as business condition changes
Source : Gartner, 2022
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