strategic business review… and the new shrm strategic plan january 5: strategic business review...

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Page 1: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements
Page 2: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements

Strategic Business Review… and the New SHRM Strategic Plan

January 5: Strategic Business Review process begins

May 1: SHRM Board approves six elements of Strategic Business Review

August: SHRM Board approves five-year Strategic Plan

January 5: Strategic Business Review process begins

May 1: SHRM Board approves six elements of Strategic Business Review

August: SHRM Board approves five-year Strategic Plan

Result is a road map for the five-year journey We want — and need — to make

Result is a road map for the five-year journey We want — and need — to make

Page 3: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements

Strategic Business Review… and Strategic Business Review… and the New SHRM Strategic Planthe New SHRM Strategic Plan

Three principal outcomes: 

Vision - Image of the future SHRM seeks to create

Mission - Fundamental intention in support of the Vision

Strategy - Future defined in six strategic priorities

Three principal outcomes: 

Vision - Image of the future SHRM seeks to create

Mission - Fundamental intention in support of the Vision

Strategy - Future defined in six strategic priorities

Page 4: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements

Strategic Business Review… and Strategic Business Review… and the New SHRM Strategic Planthe New SHRM Strategic Plan

Our VisionOur Vision

“To be a globally recognized authority whose voice is heard on the most pressing people management issues of the day - now and in the future”

“To be a globally recognized authority whose voice is heard on the most pressing people management issues of the day - now and in the future”

Page 5: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements

Strategic Business Review… and Strategic Business Review… and the New SHRM Strategic Planthe New SHRM Strategic Plan

Our Mission

Build partnerships…that address people management challenges and influence the effectiveness and sustainability of organizations and communities

Provide a global community to share expertise and create innovative solutions

Provide thought leadership, education, and research

Be an advocate on the most critical issues facing workplaces and the human resource profession

Our Mission

Build partnerships…that address people management challenges and influence the effectiveness and sustainability of organizations and communities

Provide a global community to share expertise and create innovative solutions

Provide thought leadership, education, and research

Be an advocate on the most critical issues facing workplaces and the human resource profession

Page 6: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements

Strategic Business Review… and Strategic Business Review… and the New SHRM Strategic Planthe New SHRM Strategic Plan

Our Six Strategic PrioritiesOur Six Strategic Priorities

1.1.Provide high-value resources to Provide high-value resources to existing core membershipexisting core membership

2.2.Be a global organizationBe a global organization

3.3.Operate as a financially sustainable Operate as a financially sustainable organizationorganization

Our Six Strategic PrioritiesOur Six Strategic Priorities

1.1.Provide high-value resources to Provide high-value resources to existing core membershipexisting core membership

2.2.Be a global organizationBe a global organization

3.3.Operate as a financially sustainable Operate as a financially sustainable organizationorganization

Page 7: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements

Strategic Business Review… and Strategic Business Review… and the New SHRM Strategic Planthe New SHRM Strategic Plan

Our Six Strategic PrioritiesOur Six Strategic Priorities

4.4.Evolve positioning to become more Evolve positioning to become more of an advisor and advocateof an advisor and advocate

5.5.Attract HR executives and Attract HR executives and business/organization leadersbusiness/organization leaders

6.6.Engage non-HR professionalsEngage non-HR professionals

Our Six Strategic PrioritiesOur Six Strategic Priorities

4.4.Evolve positioning to become more Evolve positioning to become more of an advisor and advocateof an advisor and advocate

5.5.Attract HR executives and Attract HR executives and business/organization leadersbusiness/organization leaders

6.6.Engage non-HR professionalsEngage non-HR professionals

Page 8: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements

SHRM Strategic PlanSHRM Strategic Plan

1.1. Serve the core membershipServe the core membership

SHRM is dedicated to the profession - SHRM is dedicated to the profession - our priority is membersour priority is members

Annual Conference - make it bigger, Annual Conference - make it bigger, better, more innovativebetter, more innovative

New membership potential: New membership potential: 1.2 million and 2.3 million 1.2 million and 2.3 million 

1.1. Serve the core membershipServe the core membership

SHRM is dedicated to the profession - SHRM is dedicated to the profession - our priority is membersour priority is members

Annual Conference - make it bigger, Annual Conference - make it bigger, better, more innovativebetter, more innovative

New membership potential: New membership potential: 1.2 million and 2.3 million 1.2 million and 2.3 million 

Page 9: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements

SHRM Strategic PlanSHRM Strategic Plan

2.2. Be a global organizationBe a global organization

Enhance position as world’s most Enhance position as world’s most credible source of evidence-based credible source of evidence-based information on the workplaceinformation on the workplace

Tailor content locallyTailor content locally

Globalization is critical imperative Globalization is critical imperative for our businessfor our business

2.2. Be a global organizationBe a global organization

Enhance position as world’s most Enhance position as world’s most credible source of evidence-based credible source of evidence-based information on the workplaceinformation on the workplace

Tailor content locallyTailor content locally

Globalization is critical imperative Globalization is critical imperative for our businessfor our business

Page 10: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements

SHRM Strategic PlanSHRM Strategic Plan

3. Be financially sustainable

To serve members and pursue growth, we must remain financially stable, now and in the future

Disciplined approach to both strategy development and portfolio management is required

3. Be financially sustainable

To serve members and pursue growth, we must remain financially stable, now and in the future

Disciplined approach to both strategy development and portfolio management is required

Page 11: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements

SHRM Strategic PlanSHRM Strategic Plan

4.4. Evolve to be advisor, advocateEvolve to be advisor, advocate

Trusted advisor to business and Trusted advisor to business and HR leaders around the worldHR leaders around the world

Focused advisory service partnerships Focused advisory service partnerships with businesses and governmentwith businesses and government

Advocate for the profession Advocate for the profession and its agendaand its agenda

Priority supports new Vision StatementPriority supports new Vision Statement

4.4. Evolve to be advisor, advocateEvolve to be advisor, advocate

Trusted advisor to business and Trusted advisor to business and HR leaders around the worldHR leaders around the world

Focused advisory service partnerships Focused advisory service partnerships with businesses and governmentwith businesses and government

Advocate for the profession Advocate for the profession and its agendaand its agenda

Priority supports new Vision StatementPriority supports new Vision Statement

Page 12: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements

SHRM Strategic PlanSHRM Strategic Plan

5.5. Engage HR executives, Engage HR executives, business leadersbusiness leaders

Reaffirm SHRM as thought leader; Reaffirm SHRM as thought leader; as a go-to source for high-level as a go-to source for high-level strategic thinking on human capital strategic thinking on human capital issuesissues

Goal is greater global influenceGoal is greater global influence

In advocate role, bring together In advocate role, bring together C-Suite, academics, policy-makers C-Suite, academics, policy-makers 

5.5. Engage HR executives, Engage HR executives, business leadersbusiness leaders

Reaffirm SHRM as thought leader; Reaffirm SHRM as thought leader; as a go-to source for high-level as a go-to source for high-level strategic thinking on human capital strategic thinking on human capital issuesissues

Goal is greater global influenceGoal is greater global influence

In advocate role, bring together In advocate role, bring together C-Suite, academics, policy-makers C-Suite, academics, policy-makers 

Page 13: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements

SHRM Strategic PlanSHRM Strategic Plan

6.6. Engage non-HR professionalsEngage non-HR professionals

Providing supportive partners to Providing supportive partners to HR professionals HR professionals

Untapped market: 12 million in U.S. Untapped market: 12 million in U.S. alone with some HR dutiesalone with some HR duties

Many current offerings could be Many current offerings could be re-packagedre-packaged

6.6. Engage non-HR professionalsEngage non-HR professionals

Providing supportive partners to Providing supportive partners to HR professionals HR professionals

Untapped market: 12 million in U.S. Untapped market: 12 million in U.S. alone with some HR dutiesalone with some HR duties

Many current offerings could be Many current offerings could be re-packagedre-packaged

Page 14: Strategic Business Review… and the New SHRM Strategic Plan  January 5: Strategic Business Review process begins  May 1: SHRM Board approves six elements