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Welcome To A Session On Strategic Human Resource Management

Welcome To A Session On Strategic Human Resource Management. Definition of Strategy. A strategy is a way of doing something. It is a game plan for action. It is usually includes the formulation of a goal and set of action plans for accomplishment.

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Welcome To A Session On Strategic Human Resource Management

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  1. Welcome To A Session OnStrategic Human Resource Management www.AssignmentPoint.com

  2. Definition of Strategy A strategy is a way of doing something. It is a game plan for action. It is usually includes the formulation of a goal and set of action plans for accomplishment. It implies consideration of the competitive forces at work in managing an organization and the impact of the outside environment on organization actions. www.AssignmentPoint.com

  3. Strategy is analyzing the present situation and changing it as necessary. incorporated in this finding out what one’s resources are or what they should be. -Drucker “ Strategy is a series of actions by a firm that are decided according to the particular situation.” - Von Neumann & Morgenstern www.AssignmentPoint.com

  4. Human Resource Management HRM is concerned with the people dimension of management. It is a process of acquisition, development, motivation, and maintenance of human resource of an organization. “The field of HRM involves planning, organizing, directing, controlling functions of procuring, developing, maintaining and utilizing a labor force.” - M. J. Jucious www.AssignmentPoint.com

  5. Definition of Strategic HRM Strategic human resource management may be define as “a set of action moves crafted or to be crafted for discovering, developing, maintaining and utilizing human resources of an organization.” In addition strategic HR means accepting the human resource function as a strategic partner in the formulation of the company’s strategies as well as in the implementation of those strategies through human resource activities such as recruiting, selecting, training and rewarding personnel. www.AssignmentPoint.com

  6. Strategic HRM is a strategic approach of procuring, recruiting, maintaining, and utilizing human resource.“Strategic HRM is the process of acquisition, development, motivation & maintenance of human resource crafted or to be crafted for discovering, developing, maintaining and utilizing human resource of an organization” www.AssignmentPoint.com

  7. Principal Function of SHRM • Human resource planning • Personnel selection and staffing • Organization and job design • Career development • Organization development • Training and development • Research and information • Labor relations • Employee assistance and support • Compensation and benefits administration. www.AssignmentPoint.com

  8. Characteristics of SHRM • Recognition of the outside environment • Impact of competition • Long ranges focus • Choice & decision making focus • Consideration of all personnel • Integration with corporate strategy www.AssignmentPoint.com

  9. Difference between SHRM & Personnel Management The major differences between SHRM & personnel Management are briefly discussed in the following table. www.AssignmentPoint.com

  10. Management Guidelines • Determine corporate strategy • Integrate with other strategy • Flexible and ready • Involve with strategy formulation • Consider all employees • Consider out side environment • Sense about environment • Project consequences • Match with strategy and labor market www.AssignmentPoint.com

  11. Book Reference Book Name: Strategic Human Resource Management Edition : Second Written By: Jeffry A. Mello www.AssignmentPoint.com

  12. Thank You for Attending the Session www.AssignmentPoint.com

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