Strategic Planning The process of defining organizational strategy and allocating resources toward its achievement... May not be scanned, copied or duplicated, or posted to a publicly a
Trang 1Strategy 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.
Trang 2© 2011 Cengage Learning All rights reserved May not be scanned,
copied or duplicated, or posted to a publicly accessible Web site, in
FIGURE 2–1
Strategic Planning
Process
Trang 3FIGURE 2–3
Strategic Human
Resource Management
Trang 4© 2011 Cengage Learning All rights reserved May not be scanned,
copied or duplicated, or posted to a publicly accessible Web site, in
HR Effectiveness and Financial Performance
• Effectiveness
The extent to which goals have been met.
• Efficiency
The degree to which operations are done
in an economical manner.
Trang 5Environmental Analysis
The assessment of internal and external
environmental conditions that affect the organization
HR Planning
Legislative/Political Influences
Economic Conditions
Geographic and Competitive Concerns Demographic
Changes
Trang 6© 2011 Cengage Learning All rights reserved May not be scanned,
copied or duplicated, or posted to a publicly accessible Web site, in
FIGURE 2–4 HR Factors in the SWOT Analysis
Trang 7FIGURE 2–5 Areas of External Environmental Scan
Trang 8© 2011 Cengage Learning All rights reserved May not be scanned,
copied or duplicated, or posted to a publicly accessible Web site, in
FIGURE 2–6 Strategic Approaches to International Staffing
Trang 9HR Planning in Mergers and Acquisitions
• Cultural Compatibility
The extent to which such factors as decision-making styles, levels of teamwork, information-sharing
philosophies, and the formality of the two
organizations are similar.
• HR’s Role in Mergers and Acquisitions
Communicating decisions
Revising the organization structure
Merging HR activities
Trang 10© 2011 Cengage Learning All rights reserved May not be scanned,
copied or duplicated, or posted to a publicly accessible Web site, in
Managing a Talent Surplus
Reduction in Work Hours
or Compensation
Attrition and Hiring
Freezes
Voluntary Separation
Programs
Workforce Downsizing
Workforce Reductions
Trang 11Managing 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
Trang 12© 2011 Cengage Learning All rights reserved May not be scanned,
copied or duplicated, or posted to a publicly accessible Web site, in
Legal Considerations
for Workforce Reductions
Workforce Adjustments
Severance
benefits
COBRA coverage OWBPA
Warn Act