HR STRATEGIES Concept of strategy The direction and scope of an organization over the long term. It should match the resources of the organization to its changing environment (markets, customers and other stakeholders). Strategy determines the direction where the organization is going Concept of strategy
It is a long term plan It is the pattern of the organizationss behavior over time (descriptive meaning of strategy) It is a perspective : a fundamental way of doing things (mission) A ploy: a specific manoeuvre to outwit a competitor What gives the firm competitive advantage? Unique
(differentiation, focus) Hard to copy Sustainable 4 The concept of strategic management
Vision and mission Strategic goals Strategic plans Implementing the strategy (business strategy via functional strategies) Managing strategy itself (goals, plans, implementation) Strategic fit Capabilities and resources to the environment (opportunities and threats)
The business (or corporate) strategy to functional strategies and strategies of business units Every part of the strategy area should be mutually supportive HR strategies (as a part of HRM) What are HR strategies? HR strategies set out what the organization intends to do about its human resource management policies and practices and how
they should be integrated with the business strategy and with each other. Key elements: Strategic objectives Plan of action There is no great strategy only great execution (Gratton 2000) A good HR strategy:
satisfy business needs is founded on detailed analysis can be turned into actionable programmes is coherent and integrated takes account of the needs of line managers, employees and other stakeholders An HR strategy can be Overarching / overall / general
Specific: focuses on specific areas Talent management Development Reward management Overall HR strategies describe the general intentions of the organization about how people should be managed and developed and what steps should be taken to ensure that the organization can attract and retain the people
it needs; and ensure that employees are committed, motivated, engaged. Categories of overall strategies Evolutionary approach to HRM. Broad-bush statements of aims and purpose that set the scene for more specific strategies. Specific and articulated plans to create sets of HR practices and develop a coherent HR system. Conscious introduction of overall approaches to HRM such as: High-performance management
High-involvement management High-commitment management High-performance management Aims to effect organizational performance through people. HRM areas involved (HPWS high performance work systems): Recruitment & selection Training and development Reward management Performance management
High-involvement management Commitment ad involvement opposed to bureaucratic control. Treating employees as partners. Providing opportunity for the employee to control and understand their work. Communication for mutual understanding. High-commitment management A form of management aimed at eliciting a commitment so that behavior is primarily self-regulated rather than
controlled. Organizational relations based on trust. Approaches to achieve commitment: Career ladders and emphasis on trainability
Functional flexibility Reduction of hierarchy, ending of status differentails Reliance on teams: dissemination, structuring work, problem solving Intrinsic satisfaction via job design Permanent employment with temporary workers Merit pay and profit sharing Involvement in quality management Specific HR strategies
HC management High-performance management
Corporate social responsibility Organization development Engagement Knowledge management Resourcing Talent management Learning and development Rewarding Employee relations
Supports Boolean searching of all servers. Supports probabilistic ranked retrieval in the Cheshire search engine. Search engine supports ``nearest neighbor'' searches and relevance feedback. GUI interface on X window displays. WWW/CGI forms interface for DL, using combined client/server CGI scripting...
OSS 97 Global Security & Global Competitiveness: Open Source Solutions Scientific and Technical Intelligence: Cooperative Efforts and Directions September 4, 1997 Separate Agencies, Common Challenges: An Introduction to CENDI Presented by Gail Hodge CENDI Secretariat September 4, 1997 CENDI Agencies...
Viessmann European Research Centre, Wilfrid Laurier University on Challenges for the European Union Beyond 2011 ... Same story So, there is more to life than exchange rates The euro is not solely an economic project Since 2000, Greece, Iceland, Ireland,...
A diesel truck produces 47.5kJ of useful energy from 125 kJ of diesel fuel. What is the trucks efficiency? % Efficiency = Joules of useful output x 100%. Joules of input energy % Efficiency = 47.5 kJ x 100%. 125...
The grass grew and so did business. Arnold invested my money in many things. One of them was a prize fighter. All of a sudden I was the sponsor of my very own fighter, Joey Pow. That's when my twelfth...
ColegauCymruDigital Learning Award 2014 - Shortlist. The key point is that the college is creating new and exciting learning areas that support blended learning and allow learners to engage via high speed WiFi whilst in comfort (even with a Costa...
The income will be in addition to your FRS and SSA benefits. Florida Retirement System (Pension or Investment Plan) Social Security Benefits Supplemental Savings (Deferred Comp, 401(k), 403(b), etc. "Even Social Security and FRS benefits combined will provide you with...
Ready to download the document? Go ahead and hit continue!