Lecture #1: Strategic Human Resource Management (3pts) Flashcards
What is the SHRM process?
- Mission, Goals, and Strategy Analysis
- Environmental Scan
- Analysis of Org. Character & Culture
- Choice/Implementation of HR Strategies (identify risks/opportunities, make data informed decisions to align with strategy, optimize for high performance)
- Review, Evaluate, Audit HR Strategies
Describe strategic human resource management (SHRM). What is the key goal?
Integrating the strategic needs of an organization into their choice of human resource management systems and practices to support the organization’s overall mission, strategies, and performance.
To guide, assist and lead the people to succeed therefore the organization succeeds.
Describe the interrelations among organization strategy, organizational culture, and human resource practices.
Competing values framework: (strategies/culture)
- Clan/Collaborate - Knowledge, community, developing capital
- Adhocracy/Create - Growth, innovation, new intellectual capital
- Hierarchy/Control - Efficient operations, continuous improvement
- Market/Compete - Aggressively competing, responsiveness, customer-focused
Practices that fit into this:
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What is human resource planning?
A firm’s overall plan to fill existing and future vacancies, including decisions on whether to fill internally or to recruit from outside.