Strategic Human Resource Plan for Envato: Meeting Business Goals

This report details a comprehensive human resource plan designed for Envato, a digital assets and services company in Australia, to align HR practices with its business objectives, which include assisting clients in creative projects and achieving substantial profits. The plan addresses future HR needs by identifying gaps between current capabilities and expected performance, and it proposes strategies such as recruitment, compensation, training, and workforce diversity to bridge these gaps. Effective implementation, involving HR assistants, top-level manager consent, recruitment drives, induction sessions, and expert-led training, is crucial, along with regular reviews to adapt to HR market trends. The ultimate goal is to ensure consistency in business by aligning human resource demand with market supply, thereby enhancing client satisfaction and profit.

Human Resources
Plan

Table of Contents
Introduction.................................................................................................................................................3
Human resource plan...............................................................................................................................3
Implementation and review of human resource plan...............................................................................5
Conclusion...................................................................................................................................................6
References...................................................................................................................................................7

Introduction
Human resources are crucial part of business as they put efforts in order to attain business
objectives in timely manner. In order to ensure success of business, it is important to make a
proper human resource plan. It allows to hire, select suitable people in order to meet with pre-
define requirements of business (Stewart, and Brown, 2019). Present study is about Envato that
is offers digital assets and services across Australia. Here, company is making plan regarding its
human resource management. The study includes a detailed human resource plan in order to
meet with stipulated objectives of business. Effective implementation of such plan has also been
included in the following report. 64838
Objectives of business
 Main objective of organization is to assist clients in completion of creative projects.
 To earn substantial amount of profit in order to serve customers, authors and stakeholders
in an efficient manner.
Human resource plan
It is a future oriented process that is related with development and implementation of HR
programs which will help in addressing the business issues in an efficient manner. Here,
planning human resources is helpful in meeting with future requirement of business by getting
qualified and potential candidates. In this context, HR plan is mentioned below:
Identify future HR needs: In this, needs and requirement of human resources will
identity. In current situation, company is going to expand in future. They are looking forward to
undertake more successful projects. For this purpose, they will require more creative, innovative
as well as efficient employees (Lawler and Boudreau, 2020). In this context, they need to look
for suitable labor market options present in order to get suitable workforce. Here, they are
required to establish contract with another business so that they can receive adequate number of
labor for fulfilling future requirements of business entity.
Consider present HR capabilities: While making plan for HR management, it is
important to consider current situation of business. In present context, 600 employees are
working with company. It has a customer base of 2 million each and every year. All employees

are efficient and have the capabilities to deliver best possible results (Envato, 2021) . However,
there is requirement to implement necessary HR practices such as training, motivation to existing
employees so that they can meet with set standards in an efficient manner.
Identify Gap between future needs and present capability: In this step of HR
management plan, gaps will identify between current and expected performance of human
resources (Shilling, 2020). It is identified that there are gaps in number of areas such as
resources, capabilities, procedure and more. In order to meet with the expectation of client, there
is requirement of such employees who can think in unique way. In addition to this, organization
is also lacking in terms of resources. They do not have adequate number of resources in order to
meet with requirements of customers in an efficient manner. It is identified that organization is
facing gap between expected number of human resources and available number of employees.
Gap strategies: Here, strategies will prepare so that gap can mitigate. For this purpose,
company will use certain crucial HR practices that are mentioned below:
 Recruitment: In this, company will arrange recruitment drive wherein they invite
applications from external candidates. It will help in getting talented and qualified people
onboard with company. Apart from recruitment, company will opt certain Hence, hiring
of potential candidate will prove helpful in addressing the issue of lack of human
resources within company.
 Compensation: Here, organization will provide adequate reward to each and every
employee. Rather, there is also arrangement of incentives, bonus for efficient people.
 Training: For addressing issues related to skill set, entity will arrange training program
so that employees get to know about recent technology in market. In addition to this,
training will help in improving productivity and efficiency of work force. Additionally, it
will improve the capabilities of employees and allow them to contribute towards
organizational success (Aboramadan and et. al., 2020).
 Work force diversity: In HR plan, company will take care of diversity. They will judge
employees on the basis of their performance rather other factors such as personality traits,
gender, caste, race and more.

The above stated plan will help respective company in attainment of its set goals such as
client satisfaction and profit enhancement. It is analyzed that future requirements of organization
is higher relatively to existing HR capabilities. However, gap strategies of HR plan will help in
addressing issues in an appropriate way.
Implementation and review of human resource plan
The above stated HR plan will be implemented in an efficient manner. For this purpose, it
is required to take help of HR assistances and other supporting staff. HR manager who has made
the plan also need to communicate the plan to top level managers and leaders. It is vital to get
their consent before actual implementation. In the process of implementation, recruitment drive
is going to organize. In this, company will arrange walk-ins, take help of external labor agencies
and will also invite referrals from existing employees. During recruitment drive, multiple rounds
of interview will conduct. HR manager, technical people will take part in interview process.
Candidate will be selected after successful completion of different rounds of interview. After
selection of suitable, qualified and efficient candidate, induction & training sessions will arrange.
In induction, new information will impart to new employees regarding policies, procedure of
company. Here, they will make familiar with working environment of organization. Training is
also a vital aspect of HR management plan. To provide correct training to employees, industry
experts will be invited. With this, employees will get opportunity to learn from experts who have
been achieved milestones in their career. Apart from this, suitable compensation plan will be also
prepared in order to keep employees motivated and inspired towards work. Hence, the above
stated HR management plan is really effective and will be implemented in best possible way.
Effective implementation will help in driving positive outcomes for future betterment.
It is also important to review the HR management plan in timely manner. It needs to
review by HR managers who have prepared this plan. This plan will review on the basis of
current trends and practices in HR market. Additionally, reviewing the plan constantly will help
in making necessary improvements so that it is possible to drive positive outcomes (Hollis,
2021). Here, HR manager review the progress of plan and also communicate it to team members
in order to influence them positively. It is required to review the plan on annual basis in order to
ensure that the goals on which plan has been prepared are still accurate or need any sort of
modifications.

Conclusion
It is concluded out of above information that HR management plan is prepared so that
company can maintain consistency in business. It helps in aligning the demand of human
resources with its presence (supply) in market. A plan has been prepared in above stated report
wherein company needs to hire suitable, qualified work force in order to meet with current
requirement of market. Further, gap strategies will help in addressing the HR issues of
organization in an efficient manner. It is summarized that effective implementation and review of
HR management plan will drive positive outcomes in business.

References
Books and Journals
Aboramadan and et. al., 2020. Human resources management practices and organizational
commitment in higher education: The mediating role of work engagement. International
Journal of Educational Management.
Hollis, L., 2021. Training Current HR Personnel for New Tricks Analyzing the Relationship
between Training and Workplace Bullying. Available at SSRN 3877712.
Lawler, E. and Boudreau, J.W., 2020. Achieving excellence in human resources management.
Stanford University Press.
Lee, A.S. and Jacobs, R.L., 2021. A Review of National Occupational Standards and the Role of
Human Resource Development in their Implementation. Human Resource Development
Review, 20(1), pp.46-67.
Shilling, D., 2020. Complete guide to human resources and the law. Wolters Kluwer Law &
Business.
Stewart, G.L. and Brown, K.G., 2019. Human resource management. John Wiley & Sons.
Online
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