Important characteristics of HR strategy are as follows:
1. Objective Oriented
HR strategy focuses on organizational objectives as well as human resource management function of the organization. It is prepared to realize certain well-defined objectives of the organization.
2. Future Oriented
HR strategy is formulated to supply sufficient number and kind of employees in future to achieve the organizational goals and objectives. Hence, it is future-oriented mechanism.
3. Competitive Advantage
HR strategy focuses on the competitive advantage in the market in the sense that it makes people more and more strategic to achieve their goals. Hence, it accepts people as strategic resources in the organization.
4. Environmental Adaptation
HR strategy helps in adapting any sort of change that has occurred in the environment. Its plans and procedures are designed and implemented as per the environmental change.
5. Efficiency Development
HR strategy develops the skill, knowledge and ability of employees and make them competitive. As a result, of which the efficient employees can be mobilized in the organization for a longer period of time.