Why does organizations compensation strategy need to aligned

Assignment Help Strategic Management

Reference no: EM133770871

Discussion Post: Fundamentals of Data Science

In regards to strategic planning, it is important to link performance management to strategy.

Scenario

You are the newly hired HR Director for a large healthcare organization that serves elderly individuals. Over 1,000 healthcare employees (e.g., physicians, nurses, etc.) are employed by your company. You have been told, by the leaders of your organization, that the performance management system used by the company is not fully aligned with the organization's strategic plan.

For this discussion board post, please address the following:

1) Explain why job descriptions for all workers must be in alignment with the organization's mission, goals, and strategies.
2) Address how you can effectively communicate your strategic plan to all organizational employees.
3) Why does the organization's compensation strategy need to be aligned with the company's strategic plan?

Directions:

Discuss the concepts, principles, and theories from BA literature.

Reference no: EM133770871

Questions Cloud

Critically reflect on personal philosophy to play : Critically reflect on personal philosophy to play and pedagogies for learning and teaching as an early childhood professional

Key characteristics of office culture : Open-system focus is identified as one of the key characteristics of office culture.

Should carlsbergs continue its production line in russia : Should Carlsbergs continue its production line in Russia, or should the company sell it? Who should sell, and how should the loss be covered?

What ethical theories are important for managers : Managers are often faced with ethical dilemmas in organizations. What ethical theories are important for managers to use in an organization?

Why does organizations compensation strategy need to aligned : How you can effectively communicate your strategic plan? Why does the organization's compensation strategy need to be aligned with the company's strategic plan?

Conflict handling methods assist us in having impact : Five conflict handling methods assist us in having an impact on the conflict with which we are faced.

Explain the advantages and disadvantages of the approach : Identify two key resources and two capabilities of the company. Explain the advantages and disadvantages of this approach.

Discuss the rationale for the policy and how it was adopted : Discuss the rationale for the policy, how it was adopted, the funding structure, and its impact. ethical outcome based on evidence.

Child abuse and neglect allegations : Child Abuse and Neglect Allegations. What steps would you need to take to change new policy? Who must approve the changes? How long does it take?

User Account

All Pages