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Human resrouce management 13th mathis jacson chapter 02

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May not be scanned, copied or duplicated, or posted to a publicly accessible Web site, in whole or in part.2–2 Chapter Objectives • Summarize the strategic planning process and how it dr

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PowerPoint Presentation by Charlie Cook

The University of West Alabama

SECTION 1 Environment for Human Resource Management

© 2011 Cengage Learning All rights reserved May not be

scanned, copied or duplicated, or posted to a publicly

accessible Web site, in whole or in part.

CHAPTER 2

Strategic HR Management and Planning

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© 2011 Cengage Learning All rights reserved May not be scanned, copied or duplicated, or posted to a publicly accessible Web site, in whole or in part.

2–2

Chapter Objectives

• Summarize the strategic planning process and how it drives the organizational activities.

• Outline how strategic HR management is linked

to the organizational strategies.

• Discuss how internal and external environmental factors affect HR strategies.

• List HR strategic challenges faced by modern organizations.

• Explain how technology is affecting HR management practices and employees.

• Identify how organizations can measure and assess the effectiveness of HR management practices.

After you have read this chapter, you should be able to:

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2–3

Strategy and Strategic Planning

Strategy

The proposition an organization follows for how

to compete successfully and thereby survive and grow.

Strategic Planning

The process of defining organizational strategy and allocating resources toward

its achievement.

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2–4

FIGURE 2–1

Strategic Planning Process

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makes it unique.

Strategic HR Management

The use of employees to gain

or keep a competitive advantage, resulting in greater organizational

effectiveness.

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2–6

FIGURE 2–2

Traditional HR versus

Strategic HR

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Recognizes trends, forecasts obstacles to business success, and builds overall strategy

Efficiently and effectively carries out tactical HR

activities

Understands the business value chain, and establishes internal partnerships with line

managers

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2–8

Operationalizing HR Management Strategies

Thinking Strategically

Understand the business

Focus on key business goals

Know what

to measure

Prepare for the future

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2–9

FIGURE 2–3

Strategic Human Resource Management

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2–10

HR As Organizational Contributor

HR Contributions to Organization Effectiveness

Organization productivity

Customer service and quality

Financial contributions

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Legislative/Political Influences

Economic Conditions

Geographic and Competitive Concerns Demographic

Changes

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2–14

FIGURE 2–4 HR Factors in the SWOT Analysis

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2–16

FIGURE 2–5 Areas of External Environmental Scan

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2–17

Global Competitiveness and Strategic HR

Global Framework

Global Legal and Regulatory

Factors

Offshoring Operations

Global Staffing

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2–18

FIGURE 2–6 Strategic Approaches to International Staffing

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2–20

FIGURE 2–7 HR Activities during Mergers and Acquisitions

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2–21

Key Factors in Cultural Fit

Degree of internal integration

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Provide clear and consistent messages Provide meaningful

incentives

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2–23

Managing a Talent Surplus

Reduction in Work Hours

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2–24

Legal Considerations for Workforce Reductions

Workforce Adjustments

Severance benefits

COBRA coverage OWBPA

Warn Act

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2–25

Managing a Talent Shortage

Use overtime

Implement alternative work arrangements

Outsource work

Bring back recent retirees

Use contingent workers

Reduce turnover

Tactics to Reduce

a Talent Shortage

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2–26

FIGURE 2–8 Managing Talent Supply Imbalances

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Effects on Work Processes

Effects on

HR Activities

Technology

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2–28

FIGURE 2–9 Factors Involved in Proper Monitoring of Employee E-Mail

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2–29

Measuring Effectiveness of HR Initiatives

• HR Metrics

 Specific measures tied to HR performance indicators.

 Development and use of metrics that can better demonstrate HR’s value and track its performance.

 Characteristics of good HR metrics:

 Are accurate.

 Are linked to strategic and operational objectives.

 Have clearly understood calculations.

 Meet information needs.

 Can be compared internally and externally.

 Can be used to drive HR management efforts.

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2–30

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• Common Benchmarks

 Total compensation as a percentage of net income before taxes

 Percent of management positions filled internally

 Dollar sales per employee

 Benefits as a percentage of payroll cost

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2–32

HR and the Balanced Scorecard

• The Balanced Scorecard

 Uses a diverse set of performance measures to align performance efforts with organizational strategy.

 Avoids a limited focus on financial measures by focusing on long-term drivers of performance and organizational sustainability.

 Requires spending considerable time and effort to identify the appropriate HR measures and how they tie to strategic organizational success.

 Address three elements—accountability, validity, and actionable results.

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2–33

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2–34

Human Capital Effectiveness Measures

• Return on Investment (ROI)

 Shows the value of investments in HR activities.

A = Operating costs for a new or enhance system for the time period

B = One-time cost of acquisition and implementation

C = Value of gains from productivity improvements for the time period

B A

C

+

=

ROI

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2–35

Other Effectiveness Measures

Human capital value added (HCVA)

Human capital return on investment (HCROI)

Human economic value

added (HEVA)

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