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3.Strategic HRM
Appraising performance
Communicating (interviewing, counseling, disciplining) Creating successful organization Culture
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Figure 12
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Figure 11
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Note: length of bars represents prevalence of activity among all surveyed employers.
Source: HR Department Benchmarks and Analysis, BNA/Society for Human Resource Management, 2002.
Figure 13
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How do corporate decisions impact on HRM? How does HRM impact on the bottom line?
and practices must fit with its strategy in its competitive environment and with the immediate business conditions that it faces.
Top management wants to see, precisely, how the HR managers plans will make the company more valuable.
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Figure 18
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Organizational Strategies
HR Strategy models
HR Strategies
The patterns of decisions regarding HR policies and practices used by management to design, work and select, train and develop, appraise, motivate and control workers.
Figure 16
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Importance of HRM
Strategic HRM provides a clear connection between the organizations goals and the activities of employees.
employment
helps workers adapt to change in the companys external and internal environments
compensation/ benefits
employee relations
ensures open communication within the company by fostering top management commitment, upward and accurate communication, feedback, and effective information sources
Workforce Diversity
Todays workers want a healthy work/life balance. They can work any time, from almost anywhere work more than 40 hours per week are part of a dual-income household
#1 reason for leaving a company: lack of work schedule flexibility
Internal Role of HR
HRM is a subset of management. It has five main goals:
attract
employees
retain
employees
Goals of HRM
hire
employees
motivate
employees
train
employees
empowerment of employees
accurate measurement
Continuous Improvement Programs HR managers help workers adapt to continuous improvement changes through retraining, providing answers, and monitoring expectations.
Employee Involvement
Its all about employee empowerment through involvement, which increases worker productivity and loyalty.
Employee Involvement Concepts delegation participative management work teams goal setting employer training
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Challenges for HRM: The recession has brought layoffs and low morale. Increased offshoring means jobs can move overseas, even HR.
Training specialists
Plan, organize, and direct training activities.
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Job analysts
Collect and examine information about jobs to prepare job descriptions.
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