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ARTICLE · 28 OCTOBER 2021

Top Five Human Resource (HR) Priorities For Market Repositioning

The way we do business is rapidly changing, from technology, customer demands, competitive market conditions to employee preferences.

GhanaLaw Practice Management

INTRODUCTION

The way we do business is rapidly changing, from technology, customer demands, competitive market conditions to employee preferences. There may be countless reasons a business might rebrand. Key deciders may be repositioning, merger or acquisition, outdated corporate image, and internationalization.  Therefore any business which is rebranding needs to have a focused and strategic leadership taking bold decisions to be more competitive and agile.

Since people are the driving force of change and will be the change drivers I have listed five (5) areas of top priorities for HR to implement and support the rebranding process.

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BUILD TALENT STRATEGY

Redevelop people plans and strategies from an overall business strategy. HR strategy sets the direction for all the key areas of HR, including workforce planning, resourcing, performance management, people development as well as compensation. Key decision parameters for strategy development include

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