HR Planning & Strategy Flashcards
What are the major elements of HR planning & strategy?
- HR Planning is about the how and the when
- HR strategy is about the what and the why
- Scenario planning provide the opportunity to prepare for growth, consolidation and or retreat
- Succession is planning about sustainability
What are examples of HR strategy?
- Innovation emphasis
- Quality Improvement emphasis
- Cost reduction emphasis
What are the elements of an innovation emphasis HR strategy?
- High commitment
- Flatter organisational structure
- Teams
What are the elements of an cost reduction emphasis HR strategy?
- Hard model
- Compliance
- Efficiency
- Hierarchical
- High control
- Narrowly defined jobs
What are the elements of an quality improvement emphasis HR strategy?
- High levels of participation
- TQM
- Continuous learning
What are the strategic approaches to realising the stragegic value of HRM?
- Best fit: context-specific application (interpretivist)
- Best practice: universal application (positivist)
- The two approaches are not mutually exclusive
- Each approach has limitations
What are the principles for effective HRM?
- Vertical alignment
- Horizontal Alignment
- Positive psychological contracting to ensure HR strategy implementation
- Environmental scanning (contingencies)
What is vertical alignment?
- Business strategy - HR strategy - HR processes
- Exist when the HRM system aligns with all other elements of the organisational environment - the culture, strategy, structure and so on
What is horizontal alignment?
- Complementary HR practices
- Making sure all HR processes additively reinforce HR strategy, and thus support business strategy
What are the elements of positive psychological contracting?
- Social exchange, promoting perceptions of support, trust, fairness
- Efficacious govenenace of the employment relatiionship
- Climate surveys
What are the factors or environmental scanning as a principle for effective HRM?
- Organisational analysis: HRIS
- Constant
What is HR strategy?
- The ways in which human resources are deployed to meet organsitiaonl objectives, and to adapt and respond to external and internal environmental factors that affect the organisation.
- Not uniform within firms
- Difference divisions/units may require different attitudes, behaviour and skills from members
What is HR planning?
- Refers to activities, prodcueures, polviies requires to support the behaviours, competencies and results needed to enable organisational and business unit strategic objectives
What kind of questions are asked of HR planning?
- What are staffing needs? - Labour demand forecast, supply analysis
- Supply analysis
- What procedures will be used to align HR processes with new business plans?
- How will these initiatives be rolled out?
- How will new HR practices be evaluated?
What compromises HR planning?
- Making HR processes more strategically aligned, and evolving HR practices
- Changes in organsitonal structures (e.g. delayering)