week 4-5
week 4-5
Manager in SHRM
4 Multiple roles
• Legal Expert
• HR functional expert
• Talent manager
• Organisation ambassador
• Board & senior executive resource
HR as a Strategic Business
Partner
• HR professionals must understand the company’s business
• HR professionals must use this knowledge to support
competitive advantage
– Recruit and select the most highly qualified
individuals
– Manage performance and compensate based on
performance that supports competitive advantage
– HR development such as training to ensure that
employees are as knowledgeable as possible
about their jobs
What is Strategic HRM?
Traditional HR versus Strategic HR
Strategic HRM
6. Bound by Time
7. Achievable
8. Fully Communicated
9. Flexible
10. Limited in Number
Strategic Planning: Purposes
1. Environmental Analysis
2. Mission
3. Vision
4. Goals
5. Strategies
Environmental Analysis
• Corporate Strategy
• Competitive Strategy
• Functional Strategy
Corporate Strategy
• Concentration
• Diversification
• Vertical Integration
• Consolidation
• Geographic expansion
1. Concentration
• Cost Leadership
• Differentiation
• Focus
Cost Leadership