Question

Additional Case 1.2
As the manager of HR of an old, established company, you are leading the management team in a strategic planning session. During the planning session, managers are being forced to think about the future, see the likely changes in the marketplace, and make plans to use company resources to enhance their competitive edge. The company decides that as part of its business strategy, it wants to attract and retain the best possible employees. You suggest that the company pay a hiring bonus, use a pay scale that is 10% above the industry average, and provide an extra week of vacation after only one year instead of the standard three years.
Refer to Additional Case 1.2. The most likely benefit of this strategic planning session is:
A) communicating a specific business strategy for the firm.
B) identifying the constraints and capabilities of the firm's HR.
C) exploiting and expanding the firm's distinctive capabilities.
D) identifying gaps between the current situation and a future vision.

Answer

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