Class notes
Human Resources Management IIA Chpt.11 - People Strategies
- Course
- Institution
- Book
Human Resource Planning, Strategic HRM, and Levels of Strategy Affecting HRM are covered in this chapter.
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
Human Resources Management IIA Chpt.6 - International Perspectives
-
Human Resources Management IIA Chpt.1 - Managing People
-
Human Resources Management IIA Chpt.2 - The Concept of Human Resources Management
Seller
Follow
ProfBurgerQueen
Content preview
Human Resources Management IIA by ProfessorBurgerQueenPeople Strategies
- Strategy is a deliberate choice to take a course of action. It focuses on significant
long-term goals rather than day-to-day operations
- Strategic thinking is based on rational decision making, taking into account the
competitive and financial pressures on an organisation and its available resources
- Human Resource Planning (HRP) is a process that anticipates and maps out
the consequences of business strategy on the organisation’s HR requirements.
This is reflected in the planning of skill and competence needs as well as the
total headcount.
- HRP should serve as a link between HRM and the overall strategic plan of an
organisation
Strategy Formulation Process
1. Strategic analysis - vision, mission, values, and external and internal analysis
2. Strategic choice - long-term objectives, and strategy options
3. Implementation - structure, culture
- Strategic HRM is a framework for aligning human capital with the goals of an
organisation. It focuses on maximising the potential of its workforce through
strategic planning, talent management, leadership development, organisational
design, and performance management.
Strategic HRM
- Long-term perspective
- Concerned with issues such as corporate culture and individual career development
and availability of suitable people
- Incorporates redundancy and recruitment planning
Boxall, 1996, the emphasis on internal resources of an organisation as a competitive
advantage
- Value - must add value to the organisations activities
- Rarity - they must be rare and unique
- Non-substitutable - they cannot be replaced by technology
Barriers to Strategic HRM
- Absence of written strategies
- Strategies evolving too quickly or too slowly
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 ProfBurgerQueen. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $3.55. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72841 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now