Hiring a Millennial. Should or should not?

Hiring millennials have never been easy. To attract them companies across the world and global placement agencies had to rethink their entire working model. It is because of the millennials that brand value, work culture and integrated working structures did made their way to define any organization.

Learning became a two way process where millennials taught organizations how technology, social media platforms and socially responsible actions can change the future of work and economy.

However despite that retaining them has always been a challenge where job hopping, lack of emotional connect towards a particular work, easy going nature and individualistic mind set towards growth are largely characterized with them. Non engaging millennials can be a big mess for organizations. 

So sometimes the big questions which HR managers usually face is whether to hire them or not. Hence it is essential that during interview we try to assess their behavioural pattern. Let us discuss some set of questions which we can use while interacting with millennials.

• What goals do you want to achieve with this job?

It is essential to understand that why a millennial is there for the interview, whether there is a clear understanding about the job role which she or he has to do or it is just for the sake of gaining interview experience is the millennial there. 

• What have you done in the past that will help you do this job? 

It is always good to understand the experiences of millennials. How have they dealt with a particular situation and how do they perceive work. Here both on-job and off-job experiences can be considered for mapping the situational behaviour of an individual.

• How would you handle challenges in respect to timeline, customer satisfaction and internal team relations?

In order to understand how easy attitude does an individual holds towards work ethics, it is essential to develop interactions that assess a mindset. Try to make it more casual and stress-free so that the millennial gives free and open insights about his or her thoughts.

• What kind of relationship would you like to establish with your senior managers and team mates?  

It is generally observed that millennials don’t accept traditional hierarchical system they want more open systems where integrated process systems are involved. Try to bring in the working mechanisms which are established within your organization so that they are already updated about the structure.  

• Describe your day in office? 

Here a time period with options such as break, meeting, seat sitting time among others can be given to them and then they can decided how much time would they like to spend on each activity. This will give an understanding as to how productive is an individual ready to spend the day.

The list can go on but some of these questions can be helpful in gauging a millennial mind.

• About GlobalHunt India

GlobalHunt India is a 2 decade old and among the top 10 placement consultancy firms in India. With over 7.5 million active and passive database, we have been able to place more than 10,000 candidates in different industries and roles.

For more information, visit us on www.globalhunt.in

4 Factors And Trends Of RPO Agencies That Have Helped Them To Grow

We all know that recruitment is one of the most critical and time-taking jobs of an organisation because it deals with hiring people who will further contribute to its success.

Lawrence Bossidy, the former vice-chairman and executive officer of General Electric, said, “Nothing we do is more important than hiring and developing people. At the end of the day, you bet on people, not on strategies.”

So, it is clearly evident that every organization focuses its level best on recruiting people who can contribute to the growth of the organization. However, since this is such a tedious process and needs an expert approach, most of the organisations have started outsourcing their recruitment duties to RPO agencies who are an expert in this field.

However, with a continuous change in organizational needs, the kind of recruitment needs also evolve endlessly. In order to accommodate these evolving needs and to stay updated with the new developments.

The most commonly followed factors and trends are:

1. Data analytics use- These data help the agencies to keep a track of the recruitment process. They also improve the hiring process by saving a lot of time. Since the details of the candidates are already available, the recruitment process is started as soon as the organisation needs a new employee. There is no unnecessary wastage of time in collecting the details of prospective candidates before starting the recruitment process.
2. Real-time reporting- This process allows the recruitment process to remain transparent. It gives the organisation an idea about the status of recruitment. This, in turn, helps in maintaining a clarity and often makes the entire process more reliable and efficient.
3. Analysis of the ongoing process- As a consulting partner they also help organisations to analyze their current recruitment process and detect any loopholes, if present. With the help of recent software, the existing hiring processes can be easily checked, and improvements can be made to strengthen them. This analysis helps the organisations to follow an upgraded hiring process and recruit better employees in future. 
4. Growth in revenue- When it comes to recruitment, RPO agencies are a lot more efficient than the HR department of the organisations. This is because unlike the HR department that has several other responsibilities, RPO agencies just focus on providing quality recruitment services to their clients. Therefore, instead of maintaining a big HR department, organisations prefer to outsource their recruitment from RPO agencies. Shrinkage of the HR department ensures a marked reduction in the expenditure of the company. Moreover, since the employees recruited by an RPO are much more skilled, they prove to be an asset for the company and help to increase the overall revenue of the organisation. 

Ways You Can Hire Top Talent

Job consultants have a huge role to play in office these days. Consultants advise the organizations and help them improve their business performances. They help the organization in building strategies that will help them earn more profit. Consultants have a very heavy job and it involves a lot of practical skills and experiences to be a good consultant. It is, for this reason, you must make sure that you hire the right candidates. Hiring is not an easy task especially when there are so many candidates applying for a job. But there are ways to hire talented employees.

You can have a look at the following points to get an idea about the ways you can hire top talent.

• Know your target audience- One of the most effective way of recruitment is knowing your target audience. Recruiting is actually selling. It is actually making the qualified young talent understand why they must work with your organization. Once you know your selling points you can target your audience accordingly. Also focus on your organizations work culture and the skills and expertise that one needs to have to work for you.
• Try and understand the candidate- Another very important way of recruiting the top talent is understanding the candidate. There is always much more to a candidate than to what his resume mentions. In order to understand the candidate in a better way try and understand the things about him, that is not mentioned in his resume. Ask him in great details about his experiences, his goals and aspirations. This will help you know the candidate in a better way.
• Look for passion when you hire- You must always look for talent whom you think can add value to your company. People who are passionate will always be hard working and fast learners. So, when you are hiring candidates to make sure you hire people who are passionate about their work.
• Use your employees as brand ambassadors- The employees who are already working with you can help you recruit talented people. The employees already working for you can act as the brand ambassador of your company so that they write on social media about the strengths and perks of working with your company. This will help attract new talent.

Now that you have a brief idea about the various ways you can actually hire talented people, follow them the next time you are hiring.

Want To Achieve Easy Success At Work? Follow The Basic Rules

We work hard throughout, study hard, and get good marks in college so that we get a good job. Everyone has a dream when it’s related to their career. We constantly seek for better job opportunities, better pay packages, better position in order to get the life that we want to lead. All this doesn’t come easy; one has to really work hard in order to be successful in life. Success doesn’t come easy; one has to earn success and work hard for it. There are however certain qualities that will help you achieve success in less time. Companies also prefer candidates who are goal oriented. They take help from RPO services to hire qualified employees.

You can have a look at the following points to get an idea about the ways you can achieve speedy success at workplace.

• Ability to learn- One of the best ways to achieve success at work is your flexibility and readiness to learn new things. There is no shortcut to success. Every organization has a set of skills that the employee needs to acquire before he/she starts doing his/her job. So, you must always be open to learning because it will help you acquire skills that will come handy in future.
• Efficient use of time- As we all know that time is money and we must learn to spend it as wisely as possible. Being productive with time and utilizing time intelligently is very important. Plan things and use your time in the best possible way.
• Honesty and Integrity- Being honest is very important. In order to achieve success, it is very important for you to be honest about yourself, your goals, your strengths and your weaknesses. Once you know what your strengths and weaknesses are you can work harder in order to improve yourself. Constantly try evaluating your performance at work, this will help you learn from mistakes and improve accordingly.
• Networking- Networking with the right kind of people will also help you achieve speedy success. Connect with successful people from your field. Talk to them; listen to their success stories and work accordingly to build yourself.
• Patience- Having patience is also very important. You might not achieve immediate success while you are working on something. And you might have to go through failures before actually accomplishing the goal. You have to stay patient and keep on working hard until and unless you achieve your goal.
• Adaptability- It is obvious for you to have a plan in order to achieve success. But things might not always work according to your plan. You must adapt and adjust yourself according to the changing situation and times at the workplace.

Now, that you know about the various ways to achieve speedy success at work, follow them.

Happy Employees Happy Organizations

Someone has truly said, “You don't build business. You build people and they build the business."

There's no doubt that employees are the most important driving force for an organisation. For a business to succeed, an employer has to work hard to keep the employees happy. However, when we talk about the happiness of the employees, it's not only about the pay cheque, but a lot of other expectations that are far beyond the monetary profits received as salary every month.

Let's have a look at what keeps the employees motivated at work.

1. Flexible work timings

The conventional 9 to 5 jobs need to take a back seat. In the new generation, more and more employees want to enjoy flexible timings at work. Studies have shown that time flexibility  greatly contributes in increasing the productivity of an employee. The employees are stress-free and are able to balance their personal and professional life better. This in turn shows in their performance and thus, results in the growth of business. Many people, especially women, also appreciate if the organisation provides work from home options. This helps them to manage the family and work together. It also helps more number of people to be encouraged to join work and thus utilize their skills in a positive way.

However, on the part of the organisation, giving the benefit  of time flexibility might require a lot of planning and trust, but looking at the positive impact that it has on the employees it is worth giving a try.

2. Discussions on performance rather than the time utilized to complete the goal

Of course every work has a deadline and it needs to be completed before that. However, any work that is done in haste and under pressure cannot be as good as it should be. Sometimes an employee might take a little more time to complete a certain work. Employers must be thoughtful enough to appreciate the efforts and encourage the employees to continue doing good work. A positive attitude towards the good work of an employee would surely motivate him/ her to give the best in future too.

3. Personal communication among each other rather than among the team

Another thing that the employees love about employers is the transparency in communication. It is mostly seen than an issue is addressed commonly to the team, and the team is then left guessing about the problems without actually being able to come to a proper conclusion. It is better to have a one-to-one communication with the employees, where everybody feels recognized and wanted. Personal communication helps the employers to establish a trustworthy bond with the employees.

4. Salary increments based on skills improvised, behavioral pattern and inter-personal relationship build rather than just performance

Usually we see that at the end of the year, a performance report of every employee is taken into consideration and a salary increment chart is prepared. However, nobody seems to worry about how the employee contributes to the overall office culture. It is very important for the employers to recognize people who have been working hard to improve their skills or people who add vibrancy to the environment by their extraordinary inter-personal skills. Such unique talents should also be considered while increasing the salary.

If an organisation wants to be on the top then it must introduce employee-friendly benefits in order to allure the older employees to stay and the newer ones to join. A RPO company can help the organisation to chart out these benefits at the preliminary level so that they can be added to the job profile of the company and can be helpful in attracting skillful employees to the organisation.

Employment Branding And Marketing Strategies - Hiring The Right Candidate

Today’s recruitment process has become very dynamic owing to the changing trends of the corporate structure, industry and market drift. As the candidate base for the companies have increased, the opportunities for the qualified and skilled professionals have also gone up with time. For a person to join a company in current times, there are factors other than just a fat paycheck which influences the decision. With the new generation inclined towards innovation and new work ethics, there is a lot more to the employment criteria. Hence for the employment branding and marketing strategy, the following points need to be considered.

• The brand image is the first impression of a company on the candidate. Hence it has to put forth the best of the organization. This will help the candidates to relate to their own aspirations in the growth and functioning principles of the company.
• The reality to the brand image advertising in also very important in this regard. If a company claims for certain pattern of functioning, team management or creativity during employment, it should stick to that definition. It is better not to over commit or hide certain pointers. In both cases, it will create negativity within the employee and will result in faster attrition.
• The employment branding terms should be in sync with the overall brand position. The industry intricate and job requirements should showcase the image of the company.
• Now days just a higher salary is not enough to get a skilled professional. Candidates look for knowledge growth, creativity opportunities, emotional attachment initiatives and much more. It is better to have programs and sessions in this regard. This will showcase the career growth opportunities of the individual also.
• Lastly, not every initiative is meant for every company. Hence, just because some other brand launched a creative program or initiated an employee award function does not mean that it will work for others too. It is better to perform an in-depth R&D regarding the entire requirement and a feasibility study of the schemes before launching them.

The intricate details of the employment branding and marketing:

• Finally coming to the strategy itself, since this is a comparatively new concept, it is better to collaborate with a HR organization or recruitment firm for the design and follow through of the entire process. It will help in better understanding of the employee life cycle and factors influencing it.
• Using the existing employees as brand advocates can be beneficial in this segment. They can spread the information about the management scenario and work ethics on social platforms. These inputs are more relatable to the candidates.
• The hiring managers and recruiters of the company should be able to refer to the employment branding and should be able to represent the information and culture along the similar lines. A comprehensive discussion and training in this case can come in handy.
• A multi level effort can be yield great results. Billboards, news about an award ceremony, certain interviews of senior management on distinguished channels can grow positive impact.

 

Recent Trends In Recruitment

Employees represent your organization and therefore hiring the right talent has become extremely important. It is the employees who are responsible for the profit earning motive of the company. They also enhance the market reputation of the company because it is the employees who are responsible for promoting the brand image of a particular company. The employees of a company and their personality also attract other candidates to work in the organization. So the company has to build their recruitment process strategically and systemically so that they get to hire professional and skilled employees.

You can have a look at the following points to get a brief idea about the recent hiring trends.

• Diversity- This is one of the latest trends that companies follow. They hire employees from diverse educational backgrounds and experiences in order to improve the culture in the organization. When employees from various educational backgrounds work together, the productivity also increases and it also improves the work culture of the company. Another important reason why companies are focusing so much on diversity these days is because it improves the company performance. Employees with different skills, educational degrees and experiences will excel in different fields and help the company achieve its targets in lesser time. Maintaining diversity while recruiting also helps in representing the customers in a better way. Every customer is different and having a diverse team will help in dealing with the customers effectively.
• New interviewing tools- Traditional interviewing tools are no longer effective in this new era where each employee has go through a difficult hiring process. The key areas that interviewers follow these days are they assess the candidate’s skills, strengths and weaknesses. A candidate has to go through various aptitude tests, group discussions and personal rounds of interviews before he is finally hired. This helps the employers understand whether the employee they have hired will be able to reach the goals set by the company in time or not. At the end of the day it is all about how an employee is benefitting the company.
• Importance to data and research- The HR team does a lot of research before hiring a candidate these days. The research on what the latest hiring trends are. The research on the kinds of employees other companies are hiring and they also research about the candidate they are planning to hire. This makes the hiring process more efficient. The other things that the HR team researches on are how they can keep their employees satisfied and happy. They also do adequate research about what employees want. By researching on the above mentioned things they actually become sure about the capabilities of the employee they are planning to hire.

Now that you have a brief idea about the latest hiring trends, try and follow these the next time you hire an employee.

Benefits of Hiring Outplacement Services

Employees contribute towards the profit-earning motive of an organization and hence they are the most vital part of an organization. The employees are responsible for the success of an organization and they represent the company. It is employees who make the company a better place to work in and they are the ones who achieve the goals set by the employers from time to time. Whether the company is big or small, recruitment has become an important task of every organization. Recruiting new employees can be quiet a hectic task especially when a huge number of candidates apply for a particular job profile. This can be quiet a time taking the task. There is a solution to this problem. That is opting for outplacement services. These days outplacement services are conducting global placements for their lay off employees. 

With the changing market trends and needs, it is very important for the organizations to stay up to date. They must not only maintain a healthy working atmosphere but also motivate the workers to work harder in order to fulfil the targets set by the company. You can have a look at the following points to get an idea about the various advantages of going for outplacement services.

• They make the recruiting process more efficient-One of the major advantages of opting for such services is they make the recruitment process much easier and efficient. They shortlist the candidates on the basis of their qualifications and experience. They also analyse the skills of the candidates to make sure that the company is hiring the right employee for the particular job profile.
• Makes the process of hiring less taking-Another major benefit of hiring such services is that they make the recruitment procedure less time taking. They are well aware of the latest market trends and changing needs of the time. Hence, they hire the right kind of candidates based on the needs and demands of the organization.
• They make sure the right candidates are hired-They conduct screening and various rounds of interviews to make sure that only the right kind of candidates are shortlisted for the particular job profile. It makes the job of the HR easier. Such services also make sure that the company is hiring the right candidates.
• It helps the company to deal with a crisis situation efficiently-Another important advantage of opting for such services is they help the company to deal with a crisis situation efficiently. They make sure that the company hires candidates with skills and experience. This enables the company to hire employees who can not only add more to the profit-earning motive but also deal with crisis situations efficiently.

Now that you have a clear idea about the advantages of opting for outplacement services, hire such services without any further delay. But prior to hiring such a company make sure you hire someone experienced and reputed enough.

A Tricky Balancing Act For HR

The companies in the modern corporate environment are expanding their business across various markets round the globe. Hence the need to integrate the workforce globally has risen. Also with the rise in the usage of cloud computing services, the worldwide operations of the companies are being managed by local resources. Hence the responsibility of the HR segment has risen to formulate policies and work principles that adhere to the employees across geographies. In order handle this scenario; there are certain measures that need to be taken along side global placement by the HR segment which are as follows.

• Creating flexible HR models is one of essential steps to be taken by the HR segment. Leveraging the shared service platform can be very helpful in maintaining a balance between the global and local approach. The processes should be similar and standardized and there should be consolidation in transaction processing. This helps in adaptable HR services that can be remodelled from time to time as the business grows. This helps to cope up with changing market trends and crisis handling.
• The company should encourage and implement balanced leadership. In most cases it has been observed that the leadership take in to consideration the economic conditions of the headquarter location for making strategic planning and decisions. This results in the other areas of operation going unnoticed. Hence, certain part of the leadership should be channelized to the respective locations in order to handle the various trends and innovations of that region. This will help to understand the customer behavior in local market and take up operation and management decision in that area.
• A global system for the HR information and processing should be encouraged and developed. Since various technologies and IT systems play a significant role in the business development and growth, this will help in better management of policy conflicts and system crisis. The shared service centers of HR segments helps in gaining uniformity and facilitates remodeling at times of need.
• Lastly, the senior management should be in line with the HR strategies and position both at the global level and local area of operation. If there is a gap in knowledge transfer among the two or if the HR services are kept at sidelines during strategic decision making then it might impact the sub processes of the business.

Expanding the services across various markets round the globe or putting up production facilities across countries does not suffice the global approach. The management of such facilities both from the global and local prospective is crucial and at the same time tedious. A right balance between the management and the HR segment along with global placement initiative is the foundation stone of such an approach. Since the functionalities and market conditions vary from company to company, there is no fixed approach to it. It has to be done with research and planning at every individual business level.

3 Marketing Strategies for Recruitment Process

The concept of recruitment is not like the old book concept. It has drastically changed and over the time it has improved a lot. Now, candidates expect more on the company’s image and this helps in the reach of the brand to a higher level of recruitment policy. To survive in this cut edge competition, the recruiters have to behave like marketers and they have to very savvy towards the knowledge of latest developments which will help them to judge the experience of the candidates and even they can follow the hiring trend. Nowadays, the HR professionals also agree that recruitment has turned into marketing. Hence, in recruitmentprocess outsourcing, they introduce more tools and strategies to improve marketing in the process of recruitment.

So, here are some ways which recruiters can imply to find the best candidate in today’s job market:

Applicant Tracking System Implementation

Through this system, the recruiters can actually track the profile of the candidates, workflows, jobs. This system entirely works on the solution of talent acquisition. It should provide the tools for recruitment, candidates’ record point and helps in the communication channel, and workflows onboard and even helps in the data analytics. It will even help in the boost of reaching out to more candidates, it even nurtures the supply of genuine applicants. The system also helps the employers to get into 2-way communication and bring up the right tools to engage with candidates. Hence, the employers need to work really hard to market their brand to reach towards the maximum candidates.

Work Culture show off

Through recruitment marketing, you need to highlight the culture of your company and this will help you attract the best candidate for your brand. It is seen that a candidate shows interest in a company if that particular brand actively manages the brand name and image online. The candidates check the company’s online website and this helps them to determine whether they want to apply for the job or not. As an employer, you need to boost the brand image online and this will make your company visible and everyone will understand its credibility. You should post video testimonials of current employees, maintain social media profiles, up-to-date all the platforms with awards, news, and information so that the candidates can catch all the happenings that are going in the company.

Candidate Relationship Management

Keeping the job position empty for a long time can surely affect your business performance. CRM or Candidate Relationship Management helps you saves time and even your money and this way you get good hires for the vacant job positions. Through this management, the recruiters can easily find a pool of excellent talents and this help the company to find quality candidates. Also, it helps in the formation of great campaigns and it improves career opportunities.

So, every organization has to look for these marketing tools and strategies to plan a proper recruitment process and this gives the opportunity to find the best candidate. 

5 Interview Tips For Jobseekers

Whether you are a new jobseeker or an executive looking for a job change, you need to sit for an interview in front of the Job consultancy firm or employer of the company. This interview will determine whether you are eligible for the vacant position or not. Actually, in an interview, the higher authority will come to know about you and your skill more closely and it creates an impact on both the parties. Hence, you should follow some interview tips that will help you grab the job offer as well you can work in the office smartly with all your co-workers.

1. Prepare a good and impressive introduction about yourself. Most interviewers or HRs ask “Tell Me About Yourself”. So, a short intro about yourself always bring an impact to the interview and it starts the interview on a positive role. Mention your skills and achievement alongside your present or past job role and do not forget to mention your highest qualification.
2. Many interviewers ask you about personal interest to check your likings and dislikings. Hence, you should mention your hobbies and other personal interests that will actually impress your interviewer in a positive manner. Always say genuine personal interest and do not fake your interest just to impress your employer.
3. They check your industry knowledge so you need to keep yourself update with your industry knowledge so that you do not just sit idle in the interview room. Once you are asked about the recent trend, then you can answer with ease and highlight those points perfectly.
4. Always be punctual for an interview. It really counts your time factor how much you value time. If you reach late for the interview, it really hampers your reputation and it also affects your interaction. Hence, you should always be on time while you are going for an interview.
5. Be polite in your approach and refer to some words like Thank You, Pardon Sir/Mam, Please, Have a good day to show your gratitude towards the employer and you should always maintain a polite tone to actually show respect to the interviewer.

These are above tips for you to just face any interview with placement firm or with corporate employer. If you maintain these five points, then you can easily crack any interview. It will reflect your personality and make sure you achieve your goal. Hence, prepare for your interview beforehand so that you do not create a bad impact and the interview goes in a positive manner. 

Recruitment Process Outsourcing Importance For A Company

Outsourcing is the common word these days. From small to big companies are involved in outsourcing their business to survive as well to reduce unnecessary costs of employees. They hire a third party for billing, technical support, hr to enhance productivity of the particular company. Recruitment process outsourcing is also common and popular these days where a 3^rd party recruit potential employees for a particular company and it will definitely help both the parties to know each other and work for the best and make a reliable effort in the long run.

The RPO firms are responsible to both external and internal recruitment of a particular company. They will handle the followings:

• Recruitment
• Hiring
• Create job description
• Posting the descriptions
• Collect & evaluate resumes
• Interview the candidates
• Shortlist the candidates
• Be ready to for approval from the company
• Set the date for the final interview

There are the innumerable benefits of hiring the service from the RPO because it makes the recruitment very easy and quick. It also allow the new employees to come onboard quickly and get in touch with the company very fast. The RPOs have pool of applications to choose from so that means you will get the best candidate from the middle of all the applications. They can provide you quality report, reduce your money spent on recruitment, saves time and even makes easier for other Government rules.

RPO takes the full control of recruitment process and the company needs to follow and the implement of RPO service is growing day by day. With time and technology, companies also understood the importance of outsourcing the recruitment. It actually helps the company to save the total turnover of the company in a positive way. It saves HR department excess labor of work and time. They can focus more on the employees and other HR policies. Hence, it is very important for you to understand the fact that it will actually gives a sign of relief and more productive investment can be done easily.

So, if you are company and looking for 100% recruitment service, then hiring the service from RPO is the best idea. It will save your time and money and actually makes you feel confident and lead your business to the next level. Therefore, start the research intensively and find out the service providers who really want the best candidate for the company’s vacant position.

Role of Human Resource in Business and Strategic Planning

Traditionally human resource segment was associated with the recruitment process and on boarding of candidates in to a company. The segment functionalities initiated with searching appropriate talents and conducting the selection process in an organized manner. But the corporate environment has undergone many changes in recent years and this has influenced the functioning model of HR segment in a major way. Now the role of HR has expanded even to business and strategic planning in order to secure growth in coming years along with effective crisis management. Previously companies were sceptical about investment in this segment as it was not a direct profit yielding business wing. But that thinking has faded away with recent corporate trends. The following pointers show the parallel connection of HR with business processes and planning.

• Executive support is the most basic requirement of a company when it plans to implement a certain strategy within the work environment or plans an organizational change. In order to understand the requirement type of executive support, HR needs to be addressed in the business planning phase. The segment can contribute by addressing the current scenario of talent availability in relation to business development which can be used for strategic and business planning.
• Building up a leadership line is crucial and difficult at the same time. This is especially true in current corporate situation where the baby boomers or generation x are nearing their retirement age. Building up the future leadership team requires insight and understanding of the current business statistics and market conditions along with future objectives. HR plays a significant role in building up the business strategies by hiring future leaders in accordance with the business objectives.
• Sometimes, the businesses go through a transition phase due to industry trends or market conditions. This transition is majorly undertaken and conducted by the resources within the organization. But the planning, development and execution of this transition is designed and formulated by the HR in order to overcome any unwanted conflicts and issues with the system or during the development processes.
• Companies that function at multiple locations have to undergo global placements in order to support the hiring requirements. Global placement process requires an in-depth research regarding the talent availability in relation to market conditions, various legislative frameworks across markets, labour laws and much more. This function and its related activities are handled by the HR segment that is influential in strategic planning.
• Training and development is one of crucial factors that contribute towards organizational development. It helps in increasing the knowledge base of the employees which results in higher productivity giving the brand a competitive edge. The identification of knowledge gap, present knowledge base and training programs is necessary for business planning that is performed by HR.

Therefore, the correlation of business and strategic planning with the human resource management is quite evident in recent times. It needs to be addressed with similar importance for long term growth and expansion.