Human Resource Planning and Organizational StrategyThe Nature of Strategic PlanningStrategic planning is something that all senior managers must engage in this type of planning. Allen, Plunkett, and Attner (2013) “defines the company’s position, formulates strategies, and guides the execution of long-term organizational functions and processes” (Allen, et al. 2013). That being said, strategic planning is a simple, step-by-step guide to creating long-term goals based on resources and the environment. Elements of Strategic PlanningAllen, Plunkett, and Attner (2013) formulated four questions designed to answer critical questions about a business. “What is the organization's position in the market? What is the organization's position? What trends and changes are happening in the market? What are the best alternatives to help the organization achieve its objectives? The plan should have four elements: scope, resource deployment, competitive advantage and synergy. Scope is the size the company plans to achieve in its environment. Where does it want to be marketed and what products or services does it want to sell? Resource deployment is the amount of resources the company has available to achieve its goals. A distinctive competitive advantage is what the company knows and what it excels at. When a company excels in an area, they demand it because it is known for being a great product. Synergy, the last element, occurs when two things together are worth more than either thing alone. The Nature of Human Resource Planning Human resources are very important unless one wants to have a sole proprietorship. Firstly, if the company has to be of good size, hire specialized human resources...... middle of paper ...... references: Agrawal, R., Nanda, SK, Rama Rao, DD and Rao, B.N. (2013). Integrated approach to human resources forecasting: an exercise in the agricultural sector. Journal of Research in Agricultural Economics, 26(2), 173-184. Akhigbe, O. J. (2013). Human Resource Planning: A key factor in ensuring the effectiveness and efficiency of the organization. Journal of Emerging Trends in Economics and Management Sciences, 4(4), 388-396. Retrieved from http://search.proquest.com/docview/1470780889?accountid=32521Allen, A., Plunkett, W. and Attner, R. (2013) The evolution of managerial thinking. Management An approach to customer expectations 10th edition. Editor Erin Joyner.Miller, EL, Beechler, S., Bhatt, B., & Nath, R. (1986). The relationship between the overall strategic planning process and the human resource management function. Human resources planning, 9(1), 9-23.