Formulating and implementing HR Strategies * There is typically no single HR strategy in a firm, although research conducted showed that a number of the firms we contacted did have an overall strategic approach within which there were specific HR strategies * Business strategy maybe an important influence on HR strategy but it is only one of the several factors and the relationship is not unilinear. * Implicit in the mix of factors that influence the shape of …showed first 75 words of 1702 total…

…showed last 75 words of 1702 total…amp;lt;Tab/>Failure to understand that the initiative will make new demands on the commitment and skills of the line managers who may have to play a major role in implementing it ( e.g. skills in setting objectives, providing feedback and helping to prepare and implement personal developmental plans in performance management processes. *<Tab/>Failure to ensure that the resources required to implement the initiative will be available.