strategic human resource management lecture 1

Lecture 1

Strategic Human Resource Management

• Attendance

• ZabDesk

• Marks distribution

• Final Project Ideas

• Classroom decorum

• Class Activities (Study Method)

• Notes Taking

• Feedback

Marks Distribution

Mid term Exam 30

Final Exam 40

Quiz 5

Attendance/Good Behavior

5

Class Participation 5

Assignments 5

Final Project 10

Text Book:

• Strategic Human Resource Management, Michael Armstrong, 3rd Edition, 2006

Why do Employees Quit?

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

Two aspects of Organizations

Organization People

Strategic HRM Focus on:

Organization EffectivenessHigh Quality Products

High Financial Returns

Right Recruitments

Problem

Solving

Goal Achievement

People EffectivenessFlexibility

Loyal and Satisfied Employees

Good Decision Making

Work Life Balance of Employees

How to get Best Performance from People

Body

Mind

HeartSoul

Article (Forbes)

How the Best Places to Work are Nailing Employee Engagement!!

Introduction to HRM

Traditional and Strategic Human Resource

Improving business performance through Strategic HRM

Formulating and Implementing HR Strategies

Roles in Strategic HRM

Resourcing Strategy

ACR Vs Performance Management System

Employee Communication Strategies

Reward Strategy

Retention and Motivation Training

What is HRM

Evolution OF HRM

Why Change is Important?

• Hunting and gathering (Use of bows and arrows)

• Farming (Only 10% embraced CHANGE)

• Industrial Revolution (10% embraced CHANGE)

• Knowledge worker Era (10% embraced CHANGE)

Today is Age of Wisdom

• Know yourself• Positive Mental Attitude (85% recruitment is

based on ATTITUDE)• Creativity

Importance of Human resource

SLAVE LABOR

WORKEREMPLOYEE

ASSETS

HUMAN PARTNER

CAPITAL

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