strategic human resource management
DESCRIPTION
Strategies to manage human resource in an effective organizationTRANSCRIPT
Strategic
hrm
STRATEGIC HRM
Strategic HRM is about how the employment relationships for all employees can be managed in such a way as to contribute optimally to the organization’s goal achievement.
STRATEGIC HRM
Managerial Process requiring HR Policies & Practices to be linked with the Strategic Objectives of the Company
HR Systems & Organizational structure is managed in a way that is congruent with organizational strategy
Matching Model
•Linking HR Policies & Practices with SMP
•Internalization of HR function
•Commitment of Workforce to strategic Goals
5 P’s of HR Strategy
PhilosophyPoliciesProgrammesPracticesProcess
Philosophy
•Set of Views & Theories followed or advocated
•Distinguishing Value followed in an Organization
•Core belief followed by Employees
•Mostly derived from Founders/Leaders
•If Changed, may change the Character of an ORG
The Company embraces certain core values in order to function ethically, effectively and prosper furtherr:•Individual: Recognize each individual's contribution in the growth and development of the Company.
•Integrity: Conduct all business dealings along transparent lines.
•Meritocracy: Foster an environment of excellence in performance.•Dynamic Thinking: Demonstrate a winner's attitude, with a clear focus to deliver sustained values for all stakeholders.
•Creativity & Innovation: Encourage creative experimentation, embrace new ideas.
•Social Responsibility: Work on social and environmental issues
Jindal Steel Philosophy
Policies
Policies are broad general guidelines to action that establish boundaries within which employees must operate.
Written & Communicated
“answering all written customer complaints in writing within 10 days”
‘Our organization wont give any Bribe”
‘Recruitment Policy’
Minimum Wages
Policies
No cost Reduction at the cost of the Quality
Policies
GE Must be number one or two wherever it competes
Policies
‘No question Asked when customer return merchandise’
1-13
Programme
A programme is a plan of action aimed at accomplishing a clear objectives with details on what work is to be done by whom, when & what means or resources will be used
Process
Sequence of interdependent and linked procedures which, at every stage, consume one or more resources (employee ,time , energy, machines money) to convert inputs (data, materials, parts, etc.) into outputs
HR Process
•Recruitment Process•Selection Process•Probation Process•Training Process•Retrenchment Process•Appraisal Process•Promotion Process
•Human resource planningRecruitment, Selecting, Hiring, Training, Induction, Orientation, Evaluation, Promotion and Layoff.•Employee remuneration and Benefits Administration
•Performance Management.
•Employee Relations
HR Processes
Practice
The actual application or use of an idea or belief or method
•Courtesy•Reliability•Transparency•Fair Trading•24 hrs opening•Maintaining Hygiene
HR Strategy Models
Control Based Model
Resource Based Model
Integrative Model
HR Strategy Models
Control Based Model---
Management Monitor and control employees performance
Resource Based Model-
interactive and behaviour improvement is tried
Integrative Model
Integration of both Models
CommitmentHR Strategy
Collaborative HR Strategy
PaternalisticHR Strategy
TraditionalHR Strategy
Competitive HR Strategies
CommitmentHR Strategy
Competitive HR Strategies
Internal Development of Employees Competencies and keeping Control over them
PaternalisticHR Strategy
Competitive HR Strategies
Giving Learning Opportunities to Employees, Internal Promotions for their compliance with process based control Mechanism
Collaborative Strategy
Competitive HR Strategies
Sub Contracting work to external independent experts. Evaluation in terms of End Results
TraditionalHR Strategy
Competitive HR Strategies
External Recruitment of Competencies & Behavioural based Control
CommitmentHR Strategy
Collaborative Strategy
PaternalisticHR Strategy
TraditionalHR Strategy
Internal External
Outcome
Process
Competitive HR Strategies
Need & Importance of Shrm
•Goals Attainment•Manpower Development•Organizational Development•Integration of SMP & Shrm•Team Development•Conducive Environment•Global Competitiveness•Retention of Manpower
Summary