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Organizational design: Evaluate company structure and design to achieve business goals through workforce planning and talent management strategies. Legal compliance and riskmanagement: Ensuring that HR practices comply with labor laws and regulations. Manage HR-related risks and legal matters to protect the organization.
Companies also needed a feature to leverage employee records for successionplanning as part of the workforce planning strategy. Talent management systems contained within HCM software exist to support companies in managing leadership development, performance, and compensation management. Compliance.
Workforce Planning: Workforce Analytics : Helps collect data about the workforce, analyze them, and transform those into insights on workforce trends that help with strategic decision-making. SuccessionPlanning : Identifies and develops potential future leaders within the organization with the help of workforce analytics.
It also entails developing strategies to address those gaps through recruitment, training, successionplanning, and other talent management initiatives. You can also leverage specific workforce planning templates to identify and prepare potential successors for key positions, ensuring leadership continuity.
Scalability: Choose a solution that can scale with your growing user base and expand capabilities. Create a transition plan with realistic timelines, resource allocation, and riskmanagement to guide the process.
By integrating HR at the highest executive level, Amazon ensures people management aligns with its business strategy and leadership vision. This structure lets HR shape the companys culture, drive innovation, and support rapid growth, evidenced by its ability to scale operations globally while maintaining high employee satisfaction.
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