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HRM, Strategy and Analysis

Analysis

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MUNEEB QAISER
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104 views

HRM, Strategy and Analysis

Analysis

Uploaded by

MUNEEB QAISER
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 25

Human Resource Management

3 Strategy and Analysis

Copyright © 2017 Pearson


3-1
Education, Inc.
The Strategic
Management
3 Process

Copyright © 2017 Pearson


3-2
Education, Inc.
The Management Planning
Process

• The Hierarchy of
Goals 3

• Policies and
Procedures

Copyright © 2017 Pearson


3-3
Education, Inc.
What is Strategic Planning?
3

Copyright © 2017 Pearson


3-4
Education, Inc.
The Strategic
Management Process

Copyright © 2017 Pearson


3-5
Education, Inc.
Types of Strategies

1. Corporate Strategy
2. Competitive
3
Strategy
3. Functional Strategy

Copyright © 2017 Pearson


3-6
Education, Inc.
Corporate Strategy

• Identifies the portfolio of businesses that,


in total, comprise the company and how
these businesses relate to each other
3

Copyright © 2017 Pearson


3-7
Education, Inc.
Corporate-level Strategies

1. Concentration/Stability
2. Diversification
3
3. Vertical Integration- Forward,
Backward
4. Consolidation
5. Geographic expansion

Copyright © 2017 Pearson


3-8
Education, Inc.
Competitive Strategy

• A strategy that identifies how to


build and strengthen the business’s
long-term competitive position in
the marketplace, which is also known
3
as business-level competitive
strategy.

Copyright © 2017 Pearson


3-9
Education, Inc.
The Three Standard
Competitive Strategies

1. Cost Leadership
2. Differentiation
3

3. Focus

Copyright © 2017 Pearson


3-10
Education, Inc.
Functional Strategy
• A strategy that identifies the broad
activities that each department will
pursue in order to help the business
accomplish its competitive
3 goals.

Copyright © 2017 Pearson


3-11
Education, Inc.
Manager’s Role in
Strategic Planning

ClipArt – “Tababoveandfollowthewritingpromt*

Copyright © 2017 Pearson


3-12
Education, Inc.
Strategic Human Resource
Management
3

Copyright © 2017 Pearson


3-13
Education, Inc.
What is Strategic
Human Resource Management?

Strategic human resource management –


means formulating and executing human
resource policies and3 practices that produce
the employee competencies and behaviors
the company needs to achieve its strategic
aims.

Copyright © 2017 Pearson


3-14
Education, Inc.
IV.
Give at least five
examples of 3HR metrics.

Copyright © 2017 Pearson


3-15
Education, Inc.
HR Metrics,
Benchmarking,
3 and Data
Analytics

Copyright © 2017 Pearson


3-16
Education, Inc.
Benchmarking
3

Copyright © 2017 Pearson


3-18
Education, Inc.
Benchmarking – HRM Practices

Copyright © 2017 Pearson


3-19
Education, Inc.
Strategy and Strategy-Based
Metrics
3

Copyright © 2017 Pearson


3-20
Education, Inc.
What Are HR Audits?
3

Copyright © 2017 Pearson


3-21
Education, Inc.
High-Performance Work
3
Systems

Copyright © 2017 Pearson


3-22
Education, Inc.
High-Performance Work
Systems

• Policies and Practices


3
• HR measures
• Aspire to encourage employee involvement
and self management

Copyright © 2017 Pearson


3-23
Education, Inc.
Employee Engagement Guide
for Managers: Employee
Engagement and
3
Performance

Copyright © 2017 Pearson


3-24
Education, Inc.
What Can Managers Do to Improve
Employee Engagement?

1. Provide supportive supervision.


3
2. Ensure employees understand how their
departments contribute.

3. See how their efforts contribute to


achieving the company’s goal.

Copyright © 2017 Pearson


3-25
Education, Inc.
What Can Managers Do to Improve
Employee Engagement? continued

4. Ensure employees get a sense of


accomplishment from working at the firm.
3

5. Ensure employees are highly involved.

6. Employers should hold managers


responsible for employee engagement.

Copyright © 2017 Pearson


3-26
Education, Inc.

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