Human Resource Strategies: Lecture - 4
Human Resource Strategies: Lecture - 4
Human Resource Strategies: Lecture - 4
LECTURE 4
PURPOSES OF HR STRATEGIES
CATEGORIES OF OVERALL HR
STRATEGIES
CATEGORIES OF OVERALL HR
STRATEGIES
a) High performance management
CATEGORIES OF OVERALL HR
STRATEGIES
c) High-commitment management
Management
aimed
at
eliciting
a
commitment with self-regulated behaviour.
Relations within the organization are based
on high levels of trust.
It involves with
Career ladders
Trainability and commitment as highly
valued employee characteristics at all levels.
CATEGORIES OF OVERALL HR
STRATEGIES
Reduction of hierarchy.
Ending of status differentials.
Heavy reliance on team structure
(team briefing) , structuring work
(team working)
and problem
solving (QC Circle) .
Jobs with intrinsic satisfaction.
Job
security
with
little
leverage.
Merit pay and profit sharing.
High employee involvement in
quality management.
Tangible expression of values
and their implementation.
SPECIFIC HR STRATEGIES
SPECIFIC HR STRATEGIES
SPECIFIC HR STRATEGIES
APPROACHES OF HR STRATEGY
FORMULATION
1. Inside-out approach
status quo HR
function
identify
deviations in
alignment
with
business
make minor
adjustments
to HR
activities to
keep on line.
2. Outside-in approach
Business Issues
analysis
Customers,
Competitors,
Business itself.
HR Strategy
Formulation
LEVELS OF HR STRATEGIC
DECISION MAKING
Downstream
second-order
decisions
-internal
operational
procedures
and
methods to achieve goals.
DEVELOPING HR STRATEGIES
1. Create a map of the system
DEVELOPING HR STRATEGIES
5. Model the dynamics of the system.
7. Implement HR strategies.
DEVELOPING HR STRATEGIES
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ANY
QUESTION ?