strategic capability - strategic human resource management
TRANSCRIPT
Strategic capabilityStrategic Human Resource Management
Prepared By
Kindly restrict the use of slides for personal purpose. Please seek permission to reproduce the same in public forms and presentations.
Manu Melwin JoyAssistant Professor
Ilahia School of Management Studies
Kerala, India.Phone – 9744551114
Mail – [email protected]
Fundamentals of Strategy
• Fundamentally, strategy is
about defining intentions
(strategic intent) and
achieving strategic fit by
allocating or matching
resources to opportunities
(resource-based strategy).
Fundamentals of Strategy• The effective development
and implementation of strategy depends on the strategic capability of the organization, which will include the ability not only to formulate strategic goals but also to develop and implement strategic plans through the processes of strategic management and strategic planning.
Strategic capability
• Strategic capability is a
concept that refers to the
ability of an organization to
develop and implement
strategies that will achieve
sustained competitive
advantage.
Strategic capability
• It is therefore about the
capacity to select the most
appropriate vision, to define
realistic intentions, to match
resources to opportunities
and to prepare and
implement strategic plans.
Strategic capability
• The strategic capability of an
organization depends on the
strategic capabilities of its
managers. People who display
high levels of strategic capability
know where they are going and
know how they are going to get
there.
Strategic capability
• They recognize that, although
they must be successful now
to succeed in the future, it is
always necessary to create
and sustain a sense of
purpose and direction.