Human Resources Strategy An Effective Human Resource...

Human Resources Strategy: USAA – Service to the Services Russell A. Leatherman National American University MT6300: Human Resource Management September 5, 2016 Introduction An effective human resources (HR) strategy is the complete design, or strategic plan, that directs the engagement of specific HR functional areas. Subsequently, HR strategies will guide decisions about company personnel to make sure they are best suited for the company. For this to be successful, all of the functional areas of HR strategies must be directly compatible with the entire business strategy of the company (Wright, Snell, Jacobsen, 2003). One such company that has been very successful in developing an HR strategy to support the overall business strategy, is the United Services Automobile Association, or more commonly known as USAA. Founded in 1922, this Texas based insurance company, started out when 25 Army officers, San Antonio, Texas, made the agreement to insure one another’s automobiles. Within 90 years, this miniature insurance group has grown to be one of the premier financial service providers in the nation, boasting over 11.4 million members and 28 thousand employees. USAA provides over 47.2 million active products, such as policies for property/casualty and life insurance, personal banking, discount brokerage accounts, investment management services, and other special services such as real estate development and discount shopping. Keeping true to their originalShow MoreRelatedRequirement of Various Strategies and Policies for Effective Human Resource Management3105 Words   |  13 Pageshas to consider various strategies and human resource policies in order to effectively manage its vital resources i.e. human resources. A human resource manager has to consider the international trends in mana ging the human resources in the organization in order to be successful in the international market. 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