Human Resource Planning and Strategic Organisational Planning: A Case Study of Westpac

HUMAN RESOURCE MANAGEMENT

REPORT 1
Contents
Executive Summary................................................................................................................2
1. Introduction..........................................................................................................................3
2. Findings and Analysis........................................................................................................3
2.1 The relationship between Strategic Organisational Planning and Human
Resource Planning..............................................................................................................3
(a) Analysis of the relationship of SO Planning and HR Planning practices used
by Westpac.......................................................................................................................3
(b) Potential challenges that may be faced by HR professional in Westpac in
aligning SO Planning and HR Planning.......................................................................4
2.2 Human Resource Planning process and methods..............................................5
(a) Analysis of the effectiveness of the HR Planning practices used by
Westpac............................................................................................................................5
(b) Two potential challenges that may be faced by HR professional in
planning for manpower needs at Westpac..................................................................6
2.3 Developing High Performing and Global Mindset Employees and Managers....7
(a) Suggestion on application of a model for developing a high performing work
team for multi-cultural workplace..................................................................................7
(b) Suggestion on how Westpac can apply a global mindset model in developing
a global mindset workforce............................................................................................8
3. Conclusion............................................................................................................................8
References...............................................................................................................................9

REPORT 2
Executive Summary
With the changing dynamics of social, political and other elements of the business
environment of the entities of the modern times, the organisations increasingly follow a
proactive approach to address the challenges. Successful entities have gained the
realisation that human resource is one of the primary sources of competitive advantage, long
term and growth, thereby enhancing the role of the human resources management within the
entities. The planning for human resources is a continuous process closely connected to the
mission, vision and goals of an organization.
The evaluation of the case study of Westpac enables to gain an insight of the nature
and the effective use of human resources in the achievement of the organizational
objectives. This is backed by analysis of the processes and methods involved, benefits
obtained and the key challenges faced. The work concludes on the fact that the human
resources and incidental processes and systems need to be effectively managed through
strategic planning by the managers to serve the stakeholders in best manner possible.