strategic human resource management – a case study

STRATEGIC HUMAN RESOURCE MANAGEMENT

– A CASE STUDY

Prepared by:

MOHAMED HUDAIF T

MSW IIND YEAR (HRM)

DEPT OF SOCIAL WORK

PONDICHERRY UNIVERSITY

The linking of human resources with strategic goals and objectives to improve business performance and develop an organizational culture that fosters innovation, flexibility & competitive advantage.

SHRM

SHRM is a process that requires understanding of the status of the firm, human resource available and then placement of the right human resource personnel in the right position achieve the strategic goals of the organization.

The best strategies 1.Best fit theory2.The practice theory3.The resource theory

The best fit theoryAccording to Hedge; The best fit theory is contingency model that is designed based on internal environment of the business.

This model links the HR strategy• To existing environment• The pressure &• The demands of the organization.

The flexibility and professionalism is essential to meet the needs of the organization through this theory.

The theory categorizes the organizations into three;

1.The defenders2.The prospectors3.The analysers.

The defenders The defenders are those organizations

producing limited goods in a narrow product market.

They need innovation to improve on the existing products to be remain active.

The prospectors The prospectors producing goods based on

market opportunities and needs They need active innovation to satisfy the

existing marketing opportunity.

The analysers Analysers combine the aspects of both defenders and prospectors.

There are five steps to implement the best fit theory:

1. Starting the organization’s goal and mission, values and management philosophy.

2. Analyse the status and position of the organization before any new strategy can be implemented.

3. Strategic formulation.4. Strategic implementation of the choices.5. Analyse of performance.

Best practice theoryThe best practice theory is entails the employment of several practices that are considered as best and they contributed to the improvement of the organization performance.

There is no contingency model in this model.The practice in use and the changes in use are not determined depending on the market environment rather they are universal prescriptions.

The theory aims at developing the employee and developing their commitment to the business with the goal being to the improving

The best practice theory aims at developing the employee and developing their commitment to the business with the goal being to the improving the organizational performance with the ultimate goal of improving on competitive advantage.

To achieve this aim, the organizations ensuring employees security of employment practices under the formal contract.

And the equal employment opportunities.

Qualification under the best practice theory is a combination of skill and experience.

The effective compensation strategies through wages or salaries, allowances, and reward.

The resource theoryThis theory based on the idea that the organizations resources whether tangible, intangible from a critical and important part when undertaking strategic position.

The assets include in this theory are cash, brand name, loyalty, assets, research and developmental abilities.

In this theory, the organization is viewed as a hub of abilities, power, and achievements which are integral through strategic management to achieve competitive advantage.

THANK YOU…