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Human Resources 2BC3 > Chapter 2 > Flashcards

Chapter 2 Flashcards

1
Q

What is strategic mgmt?

A

addressing challenges which result in a strategy,

pattern of planned HR activities to enable org to meet goals

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2
Q

What are the 3 generic strategies of SHRM?

A

low-cost, differentiation, focus/niche

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3
Q

What are the 3 steps of strategic choice?

A
  1. where to compete (geo areas, brick and mortar)
  2. how to compete (what customers need/value)
  3. what do we need to compete (infrastructure, capabilities - skills/knowledge set)
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4
Q

What is strategy formulation?

A

deciding on a strategic direction by defining a company’s missions, opp&threats, strengths/weaknesses

MISSIONS -> GOALS -> (influence of external/internal analysis) -> STRATEGIC CHOICE ->……. strategy implementation

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5
Q

What is strategy implementation?

A

devising strategies and allocating resources to enact strategy

strategy formulation….. -> HR NEEDS -> HR PRACTISES -> HR ACTIONS & CAPABILITY -> FIRM PERFORMANCE -> …. strategy evaluation

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6
Q

What are emergent strategies?

A

strategies that evolve from grass roots of org

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7
Q

How do you enhance firm competitiveness?

A

develop human capital (KSAOs) in a learning org (ongoing development)

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8
Q

What are the 4 roles of HR in strategic mgmt?

A

IEOP

  1. provide input on people related issues/abilites (SF)
  2. know types of employee skills/behaviours needed to support strategic plan (SF/SI)
  3. know organizations strategic goals (SI)
  4. develop programs to ensure employees have skills/behaviours/attitudes (SI)
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9
Q

How do you implement strategies?

A
  • know strategic goal (identify goal behaviours)
  • select precise options to match strategic behaviours
  • keep in mind org’s higher level directional strategy
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10
Q

What are the 4 linkages of strategic planning to HRM?

A

A12I

  1. administrative linkage (day to day outlook, not strategic)
  2. one-way linkage (develop strategic plan, tell HRM - hard to implement)
  3. two-way linkage (considers HRM - inform, analyze, implement)
  4. Integrative linkage (continuous linkage, HRM integral, includes formulation+integration)
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11
Q

What duties constitute 50% of CHRO’s duties?

A
  • strategic advisor
  • liaison to board
  • executive counsellor/coach/confidant
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12
Q

What are the 3 areas in the new HRM org structure?

A
  • centre for expertise (traditional/transformational)
  • field staff (transformational/traditional)
  • service centre (transactional)
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13
Q

What are the 3 new technoogies of process redesign?

A
  1. reengineering
  2. new technologies
  3. self service
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Human Resources 2BC3 (5 decks)

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