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Question
As part of your role as VP of HR, you will need to research your organization - note that it is publicly-traded. Therefore, you will need to access its 10-K in order to build the strategic HR plan. You will also need to identify your organization's core competencies. In addition, make sure to review your organization's website, especially the HR/careers page, and other outside resources so that you can identify the main components of the HR strategies that were in place before you joined in your new role. The CEO of the organization has asked you to create a strategic HR plan for the organization based on your research. This plan should include the following: The organization's long-term strategic goals and market differentiation The organization's position within its external environment, including its current and projected market leadership position The organization's values and culture Current level and mix of human capital/workforce (depending on data available) Analysis of current employees, identifying gaps in areas needed to support forecasted goals Talent management areas that should be of greatest importance to support the organizational strategy (e.g., recruitment, retention, training.
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1. Review Table 7.1, Psychological Contract between Employee and Employer. Indicate the positive effects associated with the contract's characteristics.
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