Strategic HRM Flashcards
Responsibilities of HR departments (10)
- job analysis, work analysis, job description
- recruitment and selection
- training and development
- performance management
- compensation and benefits
- employee relations
- personnel policies
- employee data
- legal compliance
- support for strategy
what is Strategic HRM? What are its components?
- a process
- to address competitive challenges
- managing goals and actions
- developing strategies to achieve goals
the components are
strategy formulation (5)
mission, goals, external an, internal an, choice
strategy implementation (3)
1. org structure
2. HRM tasks (design, selection/training, rewards)
3. types of information and information systems
when does vertical alignment occur?
when HR practices and processes address strategic needs of the business.
primarily through people:
- job analysis & design
- recruit
- training
- PMS
- employee relations
HRM practice options (6)
- job analysis and design
- recruitment and selection
- training and development
- pay structure, incentives, and benefits
- labor and employee relations
- performance management
difference between job analysis and job design
job analysis: process of getting detailed info about jobs
job design: addressing what tasks should be grouped into a particular job
what are HRM practices about “labor and employee relations”
- are employees assets or expenses?
- employee participation in decision-making
- employee rights
- company’s responsibility to employees
directional strategies (4) and the role of HRM
- concentration
- maintain current skills
- skill based training
- behavioural appraisals - internal growth
- constant hiring, moving, promoting
- comp on achievement - M&A
- culture integration - Downsizing
- many negative effects, but presents an opportunity to change the organization’s culture