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STRATEGIC HRM
Strategic HRM is about how the employment relationships for all employees can be managed in such a way as to contribute optimally to the organizations goal achievement.
STRATEGIC HRM
Managerial Process requiring HR Policies & Practices to be linked with the Strategic Objectives of the Company
HR Systems & Organizational structure is managed in a way that is congruent with organizational strategy
Matching Model
Linking HR Policies & Practices with SMP Internalization of HR function Commitment of Workforce to strategic Goals
5 Ps of HR Strategy
Philosophy
Set of Views & Theories followed or advocated Distinguishing Value followed in an Organization Core belief followed by Employees Mostly derived from Founders/Leaders If Changed, may change the Character of an ORG
Meritocracy: Foster an environment of excellence in performance . Dynamic Thinking: Demonstrate a winner's attitude, with a clear focus to deliver sustained values for all stakeholders.
Creativity & Innovation: Encourage creative experimentation, embrace new ideas. Social Responsibility: Work on social and environmental issues
Policies
Policies are broad general guidelines to action that establish boundaries within which employees must operate. Written & Communicated
answering all written customer complaints in writing within 10 days Our organization wont give any Bribe Recruitment Policy Minimum Wages
Policies
Policies
Policies
Programme
FedEx
A programme is a plan of action aimed at accomplishing a clear objectives with details on what work is to be done by whom, when & what means or resources will be used
1-13
Process
Sequence of interdependent and linked procedures which, at every stage, consume one or more resources (employee ,time , energy, machines money) to convert inputs (data, materials, parts, etc.) into outputs
HR Process
Recruitment Process Selection Process Probation Process Training Process Retrenchment Process Appraisal Process Promotion Process
HR Processes
Human resource planning Recruitment, Selecting, Hiring, Training, Induction, Orientation, Evaluation, Promotion and Layoff. Employee remuneration and Benefits Administration Performance Management. Employee Relations
Practice
HR Strategy Models
HR Strategy Models
Control Based Model--Management Monitor and control employees performance
Integrative Model
Integration of both Models
Competitive HR Strategies
Commitment HR Strategy
Collaborative HR Strategy
Paternalistic HR Strategy
Traditional HR Strategy
Competitive HR Strategies
Commitment HR Strategy
Competitive HR Strategies
Paternalistic HR Strategy
Giving Learning Opportunities to Employees, Internal Promotions for their compliance with process based control Mechanism
Competitive HR Strategies
Collaborative Strategy
Sub Contracting work to external independent experts. Evaluation in terms of End Results
Competitive HR Strategies
Traditional HR Strategy
Competitive HR Strategies
Internal
External
Outcome
Commitment HR Strategy
Collaborative Strategy
Process
Paternalistic HR Strategy
Traditional HR Strategy
Goals Attainment Manpower Development Organizational Development Integration of SMP & Shrm Team Development Conducive Environment Global Competitiveness Retention of Manpower
Summary