Linking Strategic Planning and Management Manpower Planning

A well-developed strategic plan is merely an expensive report. It becomes a viable tool when it is placed in the hands of a manager competent to execute the plan. While the link between corporate strategic planning and management manpower planning seems obvious, a recent Business Week article suggests that companies are only now seriously trying to develop formal ties between the two systems. ̂ The purpose of this article is to outline a conceptual model which can be used by companies in the high-technology sector to achieve this type of linkage. Management manpower planning refers to the identification of current and future job requirements, assessment of intemal humanresource capability in relation to those requirements, and institutionalization of management development/management succession framework.