Implementation of Strategic Human Resource Development

Running head: HUMAN RESOURCE MANAGEMENT
Human Resource Management
Name of the Student
Name of the University
Author Note

1HUMAN RESOURCE MANAGEMENT
Strategic HRD plans must be flexible enough to accommodate changes in the
environment. Keeping this in mind, discuss the implementation of strategic human resource
development for our organisation (or an organisation of mine choice), factoring in the
increasing presence of millennials, as inferred in the article.
The human resource department of an organization must be well-acquainted with
current management trends, and have to stay up to date in terms of upcoming strategic
orientations. The entire process of strategic human resource development is based on what
the executives, managers, or employees perform on daily basis and maintain a level of
eagerness among the workforce. Strategic human resource development includes the
strategies to recruit and provide training to the new employees as well as to motivate the
existing employees of the organization. A strategic training prepares a person to perform
more efficiently, which may be done through seminars, events and programs (Noe Et al
2017).
Standard Bank Group, a South African financial service provider group headquartered
in Johannesburg and 156 years old, wants to strategize the human resource developments in
such a manner that they are flexible enough to accommodate environmental changes. The
increasing presence of millennials, also known as Generation Y or the Net Gen, is a major
factor to strategize the policies of human resources. Millennials are the people who have
reached adulthood around the turn of the 21st century, born between the early 1980s to the
early 2000s.
Millennials are an aggressive generation, full of power and multitasking and most
importantly, flexible. Relocating millennials can cost less, so the human resource department
can strategize their plans accordingly, like creating a flexible organizational culture. They are
more willing to take an opportunity when offered to move to some other place and this can