Strategic HR Flashcards
Challenges of Strategic HR
- Maintaining a Competitive Advantage
- Reinforcing Overall Business Strategy
• Avoiding Excessive Concentration on Day-to-Day Problems: Take time to focus on long
term
• Developing HR Strategies Suited to Unique Organizational Features
• Coping with the Environment
• Securing Management Commitment
• Translating the Strategic Plan into Action
• Combining Intended and Emergent Strategies
• Accommodating Change
Benefits of Strategic HR
• Encouragement of Proactive Rather than Reactive Behavior
• Explicit Communication of Company Goals
• Stimulation of Critical Thinking and Ongoing Examination of Assumptions
• Identification of Gaps Between Current Situation and Future Vision
• Encouragement of Line Managers’ Participation
• Identification of HR Constrains and Opportunities
• Creation of Common Bonds
Control vs. Flexibility
Control (establishing predetermined procedures)
Flexibility (allowing room for expectations and personal judgment)
Efficiency vs. innovation
Efficiency (getting work done at minimum cost)
Innovation (encouraging creativity, exploration, and new ways of doing things, even though this may increase production costs
Explicit vs. Broad Job Description
Explicit job descriptions (in which job’s duties and requirements are carefully spelled out)
Broad job descriptions (in which employees perform multiple tasks and are expected to fill different jobs as needed)
Detailed vs. loose work planning
Detailed work planning (in which process, objectives and schedules are laid out well in advance)
Loose work planning (in which activities and schedules may be modified on relatively short notice, depending on changing needs)
Evolutionary Business Strategy
Engage in aggressive acquisition of new businesses, even if they are totally unrelated to one another
Steady State Business Strategy
Very choose about how they grow, avoid acquiring firms outside their industry or even companies within the industry that are very different from
them
Defenders (actual)
Are conservative business units that prefer to maintain a secure position in relatively stable product or service areas instead of looking to expand into uncharted
territory
Prospectors (actual)
Emphasize growth and innovation, development of new products, and an eagerness to be the first in a new-product or market area, even if some efforts fail