Action Plan

Meaning & Definition

An action plan describes a sequence of activities, deadlines, accountabilities, and support required to achieve a specified objective. In the human resources (HR) function, action plans typically serve four purposes: closing performance gaps; implementing new policies; conducting audits; improving employee engagement; and implementing HR programs. An action plan allows HR leaders to convert objectives into measurable and actionable steps.

Significance of the action plan:

• Provides a process to translate Human Resources goals into specific, actionable activities.
• Creates a clear system of assignment and expected completion date, which helps in accountability.
• Provides the means for tracking progress and results.
• Provides a structured approach to resolving performance or compliance-related problems. 
• Facilitates consistent alignment between Human Resources, managers and employees.

Legal & Regulatory Considerations:

There is no specific legal requirement related to this terminology, but action plans are routinely created in order to help with:

• Corrective actions associated with human resource audits and compliance.
• Performance improvement and disciplinary processes.
• The implementation of internal policies and the reduction of risk.