SHORT Summary Strategic Human Resource Management 2e - Strategic Human Resource Management (MAN-BCU008A)
All for this textbook (43)
Written for
Radboud Universiteit Nijmegen (RU)
Pre-master Business Administration
Strategic Human Resource Management (MANBCU008A)
All documents for this subject (7)
Seller
Follow
teska1999
Reviews received
Content preview
Strategic Human Resource Management
Introduction:
Employability, your labor market attractiveness
“SHRM had to deals with the alignment with individual and organizational goals.”
“employees matter and the management of employees (HRM) is a potential source for
achieving organizational goals.”
Lesson 1
HRM in the 21st century
The 5 I’s
1) Impact of organizational change
2) Competitiveness
3) Three perspectives (MHRM, IHRM & SHRM)
4) Stakeholder perspective
5) Balanced approach (short & long term view for your employers)
*Sustainable careers are ONLY sustainable if there is added value for organization AND the
employer.
The relevance of optimal coping with change is embedded in the concept op competitive
advantage.
è This is important for organizational survival;
è And is at least partly manageable by HRM.
3 perspectives of HRM
1) Micro HRM – focus on individual employee like sub functions of HR policy
(recruitment/selection) training, and career development.
2) International HRM – focus on differences between countries, and the way people
interact with each other (culture).
3) Strategic HRM – focuses on issues linking HRM to the business strategy.
3 perspectives in studying SHRM practices
1) A multi-actor perspective
2) A broad societal view
3) A multi-level perspective
4) A Team level – advanced skills
HRM must be focused on each and every employee (also parttime, cleaners etc.)
The balanced approach:
- Goals of the individual employee
- Organizational goals
- Societal goals
, Lesson 2
Chapter 2 Boselie’s
“The more fit (alignment) the better”
- How does the environment impact the organization?
- What is relevant in light of our purpose (WHY), mission (HOW) and vision (WHAT)?
- Enactment is needed -> scan the environment, how envision the future?
- Misfits cost a lot of money and reduce individual and societal well-being.
Multiple fits in SHRM
1) Internal/horizontal fit;
a. HR system approaches all HR practices together, this results in higher
performance. *There are 4 linkages:
2) Vertical/strategic fit;
a. “best-fit” that assumes a necessary alignment between the overall business
strategy and the HR strategy.
3) Institutional fit;
a. Focused on the link between HR strategy and institutional environment of the
organization.
4) Organizational fit;
a. Fit between HR strategy and organizational systems.
5) Person-environment fit.
a. Person-job fit & person & organization fit
Strategy = An organization’s intention to achieve certain goals through planned alignment
(fit) between the organization and its environment.
o Goal-based strategy: based on the organizations vision (what) and mission
(how) (inspired by its purpose, beliefs, and values=why).
o Strategic formulation: is the process of forging a cohesive integrated set of
strategies designed to deal with the environment and achieve the business
strategic goals.
o Strategy implementation: is the actions the organization takes to execute the
strategy it has formulated.
,Environment
- General environment; social trends, political climate, national culture etc.
- Business environment; customers, the economy, technology, competitors etc.
SWOT analyzes
- Focus on an organizational field: A community of organization that partakes of a
common meaning system and whose participants interact more frequently and
fatefully with one another than with actors outside the field.
- What influence can other organizational fields have to you?
- Competitive strategy = markets to enter & how to compete them?
- Financial strategy = how to fund the business?
- Operational strategy = which supplies, technology & methods?
- HR strategy = how to recruit, organize, develop & motivate people?
Extent of strategic choice available to firms?
Strategic choice = the degree of leeway in strategic decision making in HRM.
1. Hyper-determinism; no leeway for strategic choice because of contextual conditions.
2. Hyper-voluntarism; free to do what you want, no restrictions for decision making.
“How can an organization try to change institutional pressures?” – lobbying, advertising etc.
The Harvard vs Michigan approach
- The stakeholder interest is considered in this model.
* Reproduced with permission from Beer
, Beer went ‘back to the future’
- Normative value-based framework
- Strategic value proposition (meaningful work)
- Wider, more contextual, multilayered approach founded on the long-term need of
multiple stakeholders.
- Constant enactment of organizational environment.
Also, institutional (values, outlines in legalization) mechanisms that affect HRM:
3 things that affect HR, with as a result…
Coercive pressure – (legal rules) implementation because of institutional forces
Normative pressure – a group of professional communities with their own values have
impact on how HR acts. The professionalization of an employee category does affect HRM
policies.
Mimetic pressure: imitation because of uncertainty, imitations because of trends/hypes.
*There is a dominant coalition of stakeholders in and outside the organization (unions) who
can influence the choices.
* you need to consider that people have an opinion about what is right.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller teska1999. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $4.28. You're not tied to anything after your purchase.