ppt Flashcards
strategic approach to managing people in an organization to gain a competitive edge
HRM
involves recruiting, developing, and retaining employees to align their skills with company goals
HRM
KEY FUNCTIONS OF HRM
HR FACET
- recruitment and selection
- training and development
- performance management
- compensation and benefits
- employee relations
importance of hrm
aligning goals
employee retention
organizational culture
HRM or HRD
overall management of employees in an organization
HRM
HRM or HRD
focuses on employee growth through training and development programs
HRD
HRM or HRD
encompasses all aspects of managing people
HRM
HRM or HRD
primarily concerned with developing employee’s skills and competencies
HRD
HRM or HRD focus
administrative tasks, including hiring and compliance
HRM
hrm or hrd focus
focuses on long-term growth and development of employees
HRD
managing the workforce hrm or hrd
hrm
hrm or hrd developing the workforce
hrd
hrm or hrd scope
broad, encompassing the entire employee lifecycle
hrm
hrm or hrd scope
narrow, focusing on training and development
hrd
hrm or hrd goal
operational efficiency, compliance
hrm
hrm or hrd goal
skill enhancement, organizational success
hrd
hrm or hrd activities
recruitment, compensation, performance management
hrm
hrm or hrd activities
recruitment, compensation, performance management
hrm
hrm or hrd activities
training, development, career planning
hrd
Strategy is problem solving in unstructured situations
lester dignam
there is a gap between the rhetoric and the reality of SHRM
lynda grattan
strategy consists of illusions in the board room
john purcell
strategy is often fragmentary, evolutionary, and largely intuitive
james quinn
strategy is a pattern in a stream of activities
henry mintzberg
strategy is emergent and flexible
sean tyson
critical factor that affects firm performance
strategy
factor that contributes to competitive advantage in markets
strategy
general framework that provides a perspective for selecting specific policies and procedures
strategy
pattern of planned human resource deployments and activities intended to enable an organization to achieve its goals
strategic human resource management
aims of shrm
to develop strategic competencies
to give sense of direction
to achieve integration
to formulate business strategy