Your team assignment is to: 1. Develop the following outline of a strategic plan

Question

Your team assignment is to: 1. Develop the following outline of a strategic plan for the college or university, or any organization 1.1 Vision (statement) 1.2 Mission (statement) 1.3 Strategic goals 1.4 Corporate, competitive, and functional strategies. Important Guidance: In preparing your plan, make sure to show the main strengths, weaknesses, opportunities, and threats the college/university or organization faces, and which prompted you to develop your particular strategic plans Prepare a well-developed vision and mission statements, making sure that they are clearly differentiated from each other with the vision being future focused articulating the desired state, with the mission supporting the we are headed." vision describing "who we are, what we do, and where Using the Internet or library sources, analyze the annual reports of at least five companies. Bring to class examples of how those companies say they are using their HR processes to help the company achieve its strategic goals 2. Interview an HR manager and write a short report on the topic: "The strategic roles of the HR manager at XYZ Company." In preparing the report, follow the steps of strategic management process and HR's role in strategy execution and strategy formulation. 3. 4. Using the Internet or library resources, bring to class and discuss at least two examples of haPlcr how companies are using an HR Scorecard to help create HR systems that support the company's strategic aims. Do all managers seem to mean the same thing when they refer to "HR Scorecards"? How do they differ?

Explanation / Answer

Answer(1)- College Name- California college of Engineering.

Vision Statement- To be the best engineering college in the state and developing the best engineers.

Mission Statement- College will provide the best education to the students and focus will be more on practical aspects. College will be developing the new approaches and techniques as per the market needs.

Strategic Goals- College is planning to open new branches all over the country so that we can get the best talents from the country.

SWOT Analysis-

Strength- We have a brand image in the people's mind. We provide best technological and practical aspects to the students. We nurture the talent. We provide free education to the students, living below poverty line. We also provide scholarship on the basis of merit.

Weakness- College has lack of good faculty as most of the engineers opt for corporate jobs.

Opportunity-People are getting more aware about the higher education, new companies are being opened and they need the new talent. Campus placements will be easier for college students.

Threat- Many new engineering and management colleges are being opened and competition is increasing day by day. Colleges' fee is increasing day by day.

Corporate, Competitive and functional strategies- California college of engineering has to beat the competitors by making its students more intelligent and knowledgeable according to the need and want of market. College has to keep its admission and tuition fee low so as to beat the competitors. College has to provide the best placement in the area to sustain.

Answer(2)- Strategic role of HR Manager in the company- HR stands for human resource manager that choose the best candidates for the company. Company is run by its employees and HR Manager chooses those employees.

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