Human Resource strategy is a planned Procedure, which is created by the Organization in-order to make their human capital more effective to achieve the mission and vision of the organization which develops the business value.
This Plan addresses all the Key areas of Human Resource, which includes Employee Engagement, Performance Appraisal, Training and Development, Reward and Recognition.
A Well Effective HR Policy and a will help to satisfy employee, retain them in organization for long period.

HR Strategy Importance:

Having HR strategy is a most important thing, because only a planned strategy will align the human resource to achieve Organization goal. A Successful HR strategy should contain,
A planned Rule in-order to create top to low level employee engagement
Fastening the HR policy implementation when ever needed.
Developing the environment in an effective way which meets their Organization culture.
Having a fair treatment between the employees without any discrimination.
Organization Maintaining HR Life Cycle in an effective way.

HR Strategy Process (How does HR strategy works):

SCANNING THE ENVIRONMENT
IDENTIFY SOURCE OF COMPETITIVE
IDENTIFY HRM STRATEGY
IMPLEMENTATION HR STRATEGY
MONITOR AND EVALUATION

SCANNING THE ENVIRONMENT

In this step we go for scanning of the environment in both factors Internal factors and External factors.
In Internal factor we go for SWOT and organization culture ,etc.
In External factor we go for Technological, Economic, Legal, Political etc.

IDENTIFY THE SOURCE OF COMPETITIVE

The next step is to identify the parameters of the competitive advantage that could stem from diverse source as product quality, price, customer service, brand positioning ,delivery ..etc.

IDENTIFY HRM STRATEGY

LEARNING AS SOCIALIZATION
DEVOLVED INFORMAL LEARNING
ENGINEERING
EMPOWERED INFORMAL LEARNING

IMPLEMENTATION

Once the strategy has been decided the next step is to put it into action.
The HR strategy can be implemented by considering the HR policies ,plans, action and practices.

MONITORING AND EVALUATION

The final step in the strategic Human Resource Management process is to compare the performance to the HR strategy against the pre-established standards.
Going for analyzing the deviation and executing the modifications, etc.

What are all the things Been Included in Human resource Strategy:

Concentrating in Employee well- being
Monitoring Promotions
Regular Reward and Recognition
Competitive salary
Providing relatable opportunity based on experience and qualification
Effective welfare measure
implementing the policies all of the sudden when ever needed.