Question

eXPLAIN HOW home depot's strategic planning might benefit from using a systems-thinking approach, which would include Human Resource

The benefits and contributions Human Resource might bring as a strategic partner

The role Human Resource metrics can have in the organization's strategic planning and implementation of strategies

How Human Resource metrics might be the driver of organizational change

How HR metrics contribute to home depot's future success

Answer 1

Home depot is a retail company specialising in providing home appliances, construction appliances etc. Around 50 lackhs of employees working in 50 centres.  

As considering number of employees and the wide span of business operations the Home depot's strategic planning must include the systematic thinking approach for human resource. Because the success of any organisation is dependents upon how effectively the human resources is utilised. In this Hr Matrix will help surely.

HR Matrix gives the clear idea of functional structure, number of employees working on different projects or departments, roles, responsibilities, employees performance and potential, employees succession planning, turnover, cost per employee, revenue per employee, absenteeism and profit earned pet employee etc.

Thus hr matrix is the detailing of the available human resource in the organisation. This factual data would be considered for efficient use of available human resource in the following way

* Roles and responsibilities will be distributed evenly, it will enhance the accountability of the employees.

* Appreciate strategies for when to hire, whome to hire, whome to retain, whome to promote, whome to demote and like so it will save the cost of recruitment.and training. Also help in talent acquisition and retention.

* it will also look into the working of ERP softwares to have check on employee absenteeism, employee turnover. Appreciate retensior strategies will help in lower absenteeism and turnover of employees.

* Cost and revenue and business generated per employee will help in dermining number of employees to be recruited, promoted, trained & retained.

* dollowing can be done with the help of hr matrix: Flow of employees from one project to other, optimum utilisation of resource, knowledge transfer, cost effective practices increase the moral of the employees.

* This also help in change management as there is clarity on roles and responsibilities, succession planning, cost and revenues it will increase the moral of the employees. So there will be least resistance to change by building positive attitudinal change.