Answer to Question #164194 in Management for Nouman

Question #164194

 

What is SWOT? How does organizations involve employees in developing the strategic plans?                                                            


1
Expert's answer
2021-02-19T05:05:54-0500

SWOT is an acronym for Strengths, Weaknesses, Opportunities, and Threats, and analyzing each of these is an important part of developing a strategic plan – including one for the HR Department.

Holding quarterly meetings with all employees to update and celebrate the progress of the teams and individuals who met their goals make them fully participate in strategic planning. It is important to do quarterly updates and celebrate to keep your plan front and center. By benchmarking progress and celebrating milestones, you send a message to everyone about how important it is to achieve the deadlines and results.


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