A comprehensive Human Resource Strategy plays a vital role in the achievement of an organization’s overall strategic objectives and visibly illustrates that the human resources function fully understands and supports the direction in which the organization is moving. A comprehensive HR Strategy will also support other specific strategic objectives undertaken by the marketing, financial, operational and technology departments.
A Guide to Human Resource Planning (Webpage)
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Strategic planning defines the nature of the company's business in terms of the markets in which it will compete and the ways it will differentiate itself from its competitors. It lays out the broad guidelines within which the company's managers make decisions.
The basic managerial planning process involves setting objectives, making forecasts, reviewing alternative courses of action, evaluating options and implementing the plan. Planning is always goal-directed.