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Word Count: 345
According to Ashcraft Strategic planning means creating strategies that meet not only the present but also the future and developing needs of the company in the human resource management area Strategic Human Resources Planning is a serious element that has been missing or misinterpreted in many companies In todays constantly changing business world the concept of partnering with the business has been the rallying cry for most Human Resources organizations Unfortunately most Human Resources functions do not have strategic plans that are linked to the specific goals or objectives of their companies Luckily many companies now understand that HR strategic planning is very important to corporate future success Where companies used to spend most of its costs on raw materials and equipment now human resources are the major investment of businesses today In todays competitive market companys success is defined by its ability to attract and keep talented experienced and productive employees Therefore a company has to try to meet all employees needs to guarantee its future growth and success In order to foster a positive working environment many companies have implemented team-based management style Instead of hierarchical organization where employees report to one single boss here employees are assigned to a group and they are responsible for the assigned project In a team people tend do be more productive than doing a particular task by themselves It promotes innovation and creativity and helps everyone understand the basics of human behavior and motivation Most of all it teaches everyone how to deal with problem team members and resolve conflicts without management intervention This treaded discussion opened my eyes to other management styles that still exist in companies every day It also made me realize how lucky I am having team-based management available in my company The word micromanagement is a taboo and managers avoid it by all means The company considers that we are all competent adults ready to do work that
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