HR strategy and analysis
-
Upload
mohamed-sabry -
Category
Business
-
view
541 -
download
5
description
Transcript of HR strategy and analysis
![Page 1: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/1.jpg)
Copyright © 2013 Pearson Education
Human Resource Management Strategy and Analysis
3
Chapter 3-1
![Page 2: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/2.jpg)
Copyright © 2013 Pearson Education
Learning Objectives
1. Explain why strategic planning is important to all managers.
2. Explain with examples each of the seven steps in the strategic planning process.
3. List with examples the main generic types of corporate strategies and competitive strategies.
Chapter 3-2
![Page 3: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/3.jpg)
Copyright © 2013 Pearson Education
Learning Objectives4. Define strategic human resource
management and give an example of strategic human resource management in practice.
5. Briefly describe three important strategic human resource management tools.
6. Explain with examples why metrics are essential for managing human resources.
Chapter 3-3
![Page 4: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/4.jpg)
Copyright © 2013 Pearson Education
Why Strategic Planning is Important to all Managers
Chapter 3-4
![Page 5: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/5.jpg)
Copyright © 2013 Pearson Education
Goal-Setting and the Planning Process
• The hierarchy of goals
• Strategic planning
Chapter 3-5
![Page 6: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/6.jpg)
Copyright © 2013 Pearson Education
Review
Chapter 3-6
![Page 7: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/7.jpg)
Copyright © 2013 Pearson Education
The Seven Steps in the Strategic Planning Process
Chapter 3-7
![Page 8: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/8.jpg)
Copyright © 2013 Pearson Education
Seven Steps
1. Define current business
2. Audits
3. New directions
4. Strategic goals
5. Formulate strategies
6. Implement
7. Evaluate Chapter 3-8
![Page 9: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/9.jpg)
Copyright © 2013 Pearson Education
Review
• Importance of strategic planning
• Goal setting• Steps
Chapter 3-9
![Page 10: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/10.jpg)
Copyright © 2013 Pearson Education
The Main Generic Types of Corporate Strategies and
Competitive Strategies
Chapter 3-10
![Page 11: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/11.jpg)
Copyright © 2013 Pearson Education
Types of Strategies
• Corporate strategy• Competitive strategy• Functional strategyoHuman resources as a competitive
advantage
• Strategic fit
Chapter 3-11
![Page 12: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/12.jpg)
Copyright © 2013 Pearson Education
Corporate Strategies
• Concentration• Diversification• Vertical integration• Consolidation• Geographic
Chapter 3-12
![Page 13: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/13.jpg)
Copyright © 2013 Pearson Education
Competitive Strategies
• Cost leadership • Differentiation• Focus
Chapter 3-13
![Page 14: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/14.jpg)
Copyright © 2013 Pearson Education
Management Roles in Strategic Planning
• Top Managers’ Role in Strategic Planning
• Departmental Managers’ Strategic Planning RolesoDeviseoSupportoExecution
Chapter 3-14
![Page 15: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/15.jpg)
Copyright © 2013 Pearson Education
Review
• Types of strategiesoCorporateoCompetitive oFunctionaloStrategic fit
• Managerial roles in strategic planning
Chapter 3-15
![Page 16: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/16.jpg)
Copyright © 2013 Pearson Education
Defining Strategic Human Resource Management with
an Example of Strategic Human Resource
Management in Practice.
Chapter 3-16
![Page 17: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/17.jpg)
Copyright © 2013 Pearson Education
Strategic Human Resource Management
• Defining strategic human resource management
• Human resource strategies and policies
Chapter 3-17
![Page 18: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/18.jpg)
Copyright © 2013 Pearson Education
Example• Shanghai PortmanoService orientation
• Ritz CarltonoHuman Resource
system
Chapter 3-18
![Page 19: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/19.jpg)
Copyright © 2013 Pearson Education
Mergers and Acquisitions • Due Diligence StageoCultureoCompensation & benefitsoLabor relations, etc.
• Integration Stage oTop management and leadershipoCommunicationoKey talent
Chapter 3-19
![Page 20: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/20.jpg)
Copyright © 2013 Pearson Education
Review• Definition• Strategies• Policies• Service-oriented
example• Mergers &
acquisitions
Chapter 3-20
![Page 21: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/21.jpg)
Copyright © 2013 Pearson Education
Three Important Strategic Human Resource
Management Tools
Chapter 3-21
![Page 22: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/22.jpg)
Copyright © 2013 Pearson Education
Strategic Human Resource Management Tools
• Strategy map• The HR scorecard• Digital dashboards
Chapter 3-22
![Page 23: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/23.jpg)
Copyright © 2013 Pearson Education
HR Metrics and Benchmarking
• HR metricsoTypes of metrics
• Benchmarking
Chapter 3-23
![Page 24: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/24.jpg)
Copyright © 2013 Pearson Education
Review
• Strategy map• HR Scorecard• Digital dashboards
Chapter 3-24
![Page 25: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/25.jpg)
Copyright © 2013 Pearson Education
Why Metrics are Essential for Managing Human Resources
Chapter 3-25
![Page 26: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/26.jpg)
Copyright © 2013 Pearson Education
Strategy and Strategy-Based Metrics
• Workforce/talent analytics• Data mining• HR audits• Evidence-based HR oThe scientific method
• Why should a manager be scientific?
Chapter 3-26
![Page 27: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/27.jpg)
Copyright © 2013 Pearson Education
High-performance Work Systems
• High-performance human resource policies and practices
Chapter 3-27
![Page 28: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/28.jpg)
Copyright © 2013 Pearson Education
Review• Strategy and strategy-based metrics• Talent analytics• Data mining• Audits• Evidence-based HR • The scientific method• High-performance work systems
Chapter 3-28
![Page 29: HR strategy and analysis](https://reader033.fdocuments.net/reader033/viewer/2022061202/547cb3b2b4af9fbe158b5332/html5/thumbnails/29.jpg)
Copyright © 2013 Pearson Education
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Printed in the United States of America.
Chapter 3-29