"HR STRATEGIC PLAN FOR BOUNCE FITNESS1 ContentsPART A1.Introduction ................................................................................................................................................ 31.1Human resource strategic direction ...................................................................................................... 32. Emerging trends ........................................................................................................................................ 33.Identification of future labour need ........................................................................................................... 44. Impact of technology ................................................................................................................................ 45. Recent changes in legislations .................................................................................................................. 4PART B1. Business Strategy ...................................................................................................................................... 52. Agree on human resource philosophies, values and policies .................................................................... 52.1 human resource philosophies .............................................................................................................. 52.2 Human resource values ....................................................................................................................... 62.3 HR policies- ........................................................................................................................................ 63. Strategic objectives ................................................................................................................................... 6Reviewing current policies ....................................................................................................................... 6training and recruitment. ........................................................................................................................... 64. Developing HR Strategies To Support Organisational Strategies ............................................................ 64.1 Recruitment and Selection Procedure ................................................................................................. 64.2 Develop Training ................................................................................................................................ 7Development of individual and team performance training and plans ................................................. 7Provide personal and Managerial skills training ................................................................................... 84.3 Remuneration ...................................................................................................................................... 84.4Staff retention and succession planning ............................................................................................. 84.5 Reviewing the Policy (EEO And Parental leave) ............................................................................... 9Present Policy............................................................................................................................................ 95. Technology ............................................................................................................................................... 9Training ................................................................................................................................................... 106. Risk management .................................................................................................................................... 10PART C1. Communication of Strategy with key stakeholders ................................................................................ 112.Implementation Plan ................................................................................................................................ 113. Conclusion and Recommendation .......................................................................................................... 122 PART A Research1. IntroductionFor every business, Human Resources Strategic planning is very much important. For thesuccessful business in the long term, it is really the foundation stone. With it, the mission andobjectives of the organizations are developed. To formulate particular goods, action as well asthe strategies, HR plays an important role. There are several benefits associated with strategicplan documents, like the profit gets increased, stakeholders are satisfied and good sustainabilityis there against the competitors. With the human resource strategic planning, the organizationgets the competitive advantage in many areas like training, development, recruitment, as well asdiversity management. Bounce fitness is a large multinational organization. They are paying importance to therecruitment of diversity by implying their current policy. They understand what benefit thediversity can bring to their organization and express their vision towards their goal. They knowthe values of diverse workforce1.1 Human resource strategic directionBounce fitness treats all its employees equally. They seek to have a workforce where all staffmembers are encouraged to work to the best of their potential. Regardless of the age, race, sex orreligion Bounce fitness wants to recognize every staff member equally.2. Emerging trendsTo run the successful business, it is required that the market trends should be analysed. With this, it is known which are the marketing trends and in the case of Bounce Fitness Centre,facilities are being increased and the members become the part of the compensation package. Itis also observed that the Bounce Fitness, make their staff members train the employees whereverrequired.In the last five years in Australia there emerged two important marketing trends:Use of fitness facilities of individuals has increase in these years. Work out and exercise is now a mainstream activity of Australian life.3 "