Strategic Human Resource Management Lecture 1
Transcript of Strategic Human Resource Management Lecture 1
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Lecture 1
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Strategic Human Resource Management
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• Attendance
• ZabDesk
• Marks distribution
• Final Project Ideas
• Classroom decorum
• Class Activities (Study Method)
• Notes Taking
• Feedback
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Marks Distribution
Mid term Exam 30
Final Exam 40
Quiz 5
Attendance/Good Behavior
5
Class Participation 5
Assignments 5
Final Project 10
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Text Book:
• Strategic Human Resource Management, Michael Armstrong, 3rd Edition, 2006
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Why do Employees Quit?
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1. When People are treated like numbers.2. No connection to the big picture3. No empathy4. No Motivation5. No fun6. Lack of alignment of goals
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Two aspects of Organizations
Organization People
Strategic HRM Focus on:
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Organization EffectivenessHigh Quality Products
High Financial Returns
Right Recruitments
Problem
Solving
Goal Achievement
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People EffectivenessFlexibility
Loyal and Satisfied Employees
Good Decision Making
Work Life Balance of Employees
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How to get Best Performance from People
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Body
Mind
HeartSoul
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Article (Forbes)
How the Best Places to Work are Nailing Employee Engagement!!
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Introduction to HRM
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Traditional and Strategic Human Resource
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Improving business performance through Strategic HRM
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Formulating and Implementing HR Strategies
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Roles in Strategic HRM
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Resourcing Strategy
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ACR Vs Performance Management System
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Employee Communication Strategies
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Reward Strategy
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Retention and Motivation Training
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What is HRM
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Evolution OF HRM
Why Change is Important?
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• Hunting and gathering (Use of bows and arrows)
• Farming (Only 10% embraced CHANGE)
• Industrial Revolution (10% embraced CHANGE)
• Knowledge worker Era (10% embraced CHANGE)
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Today is Age of Wisdom
• Know yourself• Positive Mental Attitude (85% recruitment is
based on ATTITUDE)• Creativity
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Importance of Human resource
SLAVE LABOR
WORKEREMPLOYEE
ASSETS
HUMAN PARTNER
CAPITAL
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Sources of Employee Value
• Technical Knowledge– Markets, Processes, Customers, Environment
• Ability to Learn and Grow– Openness to new ideas– Acquisition of knowledge and skills
• Decision Making Capabilities• Motivation• Commitment• Teamwork– Interpersonal skills, Leadership ability