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Human resource management gaining a competitive advantage 2014 chapter 2

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Human Resource Management: Gaining a Competitive Advantage Chapter 02 Strategic Human Resource Management Copyright © 2013 by The McGraw-Hill Companies, Inc.. List strategic managemen

Trang 1

Human Resource Management:

Gaining a Competitive

Advantage

Chapter 02

Strategic Human Resource

Management

Copyright © 2013 by The McGraw-Hill Companies, Inc All rights reserved McGraw-Hill/Irwin

Trang 2

Learning Objectives

1 Describe the differences between strategy

formulation and strategy implementation.

2 List strategic management process components.

3 Discuss HRM function’s role in strategy formulation.

4 Describe the linkages between HRM and strategy

formulation.

5 Discuss typologies of strategies and associated

HRM practices.

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deploy and allocate resources in a way

that gives an organization competitive

advantage.

in the company’s strategic management

process.

create value for customers profitably.

2-3

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What is Strategic

Management?

(SHRM) is the pattern of planned HR activities

and deployments intended to enable an

organization to achieve its goals

Strategic management is a process to address

the organization’s competitive challenges by

integrating an organization’s goals, policies and

action sequences into a cohesive whole

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Strategic Management Process

Model

Strategy Formulation Strategy Implementation

HR Practices

Recruiting

Training

Performance management

Labor relations

Employee relations

Job analysis

Job design

Selection

Development

Pay structure

Incentives

Benefits

HR Capability

•Skills,

•Abilities

•Knowledge

HR Needs

•Skills

•Behavior

•Culture

Strategic Choice Goals

Mission

Internal Analysis

•Strengths

•Weaknesses

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Strategy- Competition Decisions

2-7

Trang 8

Strategic Planning and HRM Linkages

Trang 9

Strategy Formulation

External Analysis

•Opportunities

•Threats

Internal Analysis

•Strengths

•Weaknesses

2-9

Trang 10

SHRM-Strategy Formulation

Mission Goals

Strategic Choice

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SWOT Analysis for Google Inc.

SWOT Analysis for Google,

Inc

2-11

Trang 12

Strategy Implementation

Variables

Strategy Implementation

Variables

Types

of

Information

Organizational Structure

Task Design

Select Train Develop People

Reward

Systems

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HRM’s 3 Implementation

Variables:

2-13

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Strategic Implementation

HR Practices

Recruiting

Training

Performance management

Labor relations

Employee relations

Job analysis

Job design

Selection

Development

Pay structure

Incentives

Benefits

Human Resource Actions

•Behaviors

•Results

Human Resource Capability

•Skills,

•Abilities

Human Resource Needs

•Skills

•Behavior

•Culture

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HRM Practices

2-15

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Porter’s Strategies

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5 Categories of Directional

Strategies

Concentration Internal Growth External Growth

Mergers &

Acquisitions

Mergers &

Acquisitions

2-17

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Role Behaviors

 Behaviors that are required of an

individual in his or her role as a

jobholder in a social work

environment.

 Different role behaviors are required

for different strategies.

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Human Resources are the most important

asset and single largest most controllable cost

within the business model

HR professionals must develop business,

professional-technical, change management and integration competencies

HRM has a profound impact on the strategic

plan implementation by developing and aligning

HRM practices that ensure the company has

motivated employees with necessary skills

2-19

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