HR Strategies Booklet Flashcards
HR Objectives
targets in a given period of time informed by workforce planning and constraint by budgets
Types of HR obj
Matching workforce skills, size and location the business needs
Making full use of workforce potential
Minimising labour costs
Good employee - employer relations
Internal influences on HR obj
Corporate obj
Industrial relations
Other functional obj
Workforce skills/ability
External influences on HR obj
PESTLE+C
Soft HR
Employees most important - empowered
Two way /Flat Structure
Hard HR
Employees resource - corporate business planning
One way/Tall structure
Workforce planning
is about deciding how many and what types of workers are required
Components of workforce plan
Training/redeployment
Natural wastage
Internal promotion/external recruitment
relocation/restructuring
Stages in workforce planning
Corporate obj set HR needs
Analyse existing workforce
Assess future needs
Identify gaps in workforce
Value of Workforce Plan
Helps to achieve corporate obj
Encourages managers to prepare and plan
Ability to handle workforce implications better
Improved communication
Internal influences on Workforce plans
Corporate obj Marketing plans Financial constraints HR current situation Operations plans
External influences on Workforce plans
PESTLE+C and market demand
Competitive organisation structure types
Hierarchical - formal, clear levels of authority and communication
Matrix - dynamic structures and project teams
Informal - no clear hierarchical structure
Entrepreneurial - few core workers who make decisions
Internal influences on choice of structure
Size of business
Corporate obj
Culture of the organisation
Nature of firms product
External influences on choice of structure
PESTLE+C