Course: HRM 5050: Performance Management

strategic plan is a waste of effort if it does not tie into the performance of all employees. This needs to be done by creating individual strategic plans. In larger companies, this may be a formal process or an informal process in smaller companies. Either way, it needs to outline what the single employee needs to do in order to play a part in reaching those broad strategic goals set at the executive level. It's critical to see the path from setting the vision and mission and how that is eventually supported by concrete activities performed by employees.

1. Add on more information based on your on understanding of opinion about larger companies when it comes to strategic plan that outlines what the single employee needs to do in order to play a part in reaching those broad strategic goals set.

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