Chapter 1 – Introduction to HR management 1.HR in the company HR is a key element of any organization causing most relevant problems and being an indicator of such problems. HR is even more important in workforce intensive industries. Personnel management vs Human resources It is not equivalent * Personnel management: Refers to the administrative tasks, dealing with payroll, complying with employment law, unions, and handling related tasks. * Human resources: Refers to the responsibility
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CHAPTER 1 – STRATEGIC MANAGEMENT STRATEGY Strategy: formulation of organizational missions, goals, objectives and actions plans (how the organization intends to achieve its goals Mintzberg’s 5 P’s of Strategy: i. Plan: intended course of action a firm has selected to deal with a situation ii. Purpose: consistent stream of action that sometimes are the result of a deliberate plan and sometimes the result of emergent actions based on reactions to environmental changes or shifting of
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PEST Analysis in strategic Human Resources Planning Hamid Reza Qasemi Islamic Azad University of Iran, Aligoodarz Branch Hamid-reza@myway.com Abstract: The present complex world require as far as is feasible, it consider impact of important factors related to organizations in strategic planning. The strategic planning of business includes all functional subdivisions and forwards them in a united direction. One of these subsystems is human resource management. Strategic human resource management
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The strategic focus of HR Recently we have witnessed the amalgamation of several streams of management into the strategic management literature including epistemology, organizational learning, the resource based view, organizational capabilities and competitiveness and innovation and new product development (Frost, 2003; Grant and Baden Fuller, 1995). Other streams focus on nature and processes and examine the internal focus, which includes impact of strategic management concepts and frameworks
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Table of Contents Introduction 2 Human Resource Defined 3 Strategic HRM Elements 3 Strategic Planning 4 Strategy 4 Strategic HRM and Goals & Objectives 4 SHRM – A tool to achieve organization’s goals and objectives 6 Case Study 7 Company Information 7 Company background 7 Core strategic aims and values 7 Pest Analysis 8 Political Factors 8 Economic Factors 9 Social Factors 9 Technological Factors 9 Employee and human relations 10 Human Relations 10 Key Success Variables 10 Employee
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STRATEGIC HUMAN RESOURCE MANAGEMENT AN OVERVIEW OF HR STRATEGY PERSPECTIVES 1 WHAT WE DO Serious business consultancy, better training, executive coaching, project management –www.humdyn.co.uk Keynote Speaking, Business satire, TV, Radio – www.academy-of-rock.co.uk 2 1. BEST FIT APPROACH HR practices must fit well with other aspects of the organisation to be effective The strategic position of the organisation may determine which practices to adopt 3 BEST FIT MODEL Environmental
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STRATEGIC HUMAN RESOURCE MANAGEMENT AN OVERVIEW OF HR STRATEGY PERSPECTIVES 1 WHAT WE DO Serious business consultancy, better training, executive coaching, project management –www.humdyn.co.uk Keynote Speaking, Business satire, TV, Radio – www.academy-of-rock.co.uk 2 1. BEST FIT APPROACH HR practices must fit well with other aspects of the organisation to be effective The strategic position of the organisation may determine which practices to adopt 3 BEST FIT MODEL Environmental
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------------------------------------------------- POSTURE OF THE PAPER This study examined the validity of strategic human resource management practices and their effects on company performance on the basis of service sector, ownership and private-public organizations. Data were collected from several articles (mentioned in the reference section) and studies about different range of strategic HRM practices. The findings indicate that a valid set of strategic HRM practices (training, participation, results-oriented appraisals, and
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Strategic Human Resource Management is the practice of aligning business strategy with that of HR practices to achieve the strategic goals of the organization. The aim of SHRM (Strategic Human Resource Management) is to ensure that HR strategy is not a means but an end in itself as far as business objectives are concerned. The idea behind SHRM is that companies must “fit” their HR strategy within the framework of overall Business objectives and hence ensure that there is alignment between the HR
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information system and the subsequent effects on both HR and IT professionals. The different types of HR activities will be discussed as well as the different types of information systems used in HRIS. A central focus of this chapter is the use in managerial decision making of results and reports from an HRIS. The development of the HRIS field has been seen to have a significant impact on the emergence of strategic human resource management (Strategic HRM), as is discussed in this chapter. This first
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