19-04-2012, 04:55 PM
Human Resource Management
2nd quiz HRM.ppt (Size: 468 KB / Downloads: 155)
Major Influences Factors of HRM
Various issues affecting its strategy:
Size of the workforce.
Rising employees' expectations
Drastic changes in the technology as well as Life-style changes.
Composition of workforce. New skills required.
Environmental challenges.
SHRM & BUSINESS STRATEGY
The Term Strategy has its origins in the military campaign.
Business Strategy is used to explain both the processes (Org restructuring, rightsizing, multi skilling, product development) and the outcomes (market position, profitability) of chosen long term direction.
Types of SHRM
Accommodative
HR strategies simply follow organizational strategies
Interactive
A two way communication process between HRM and Corporate planning in which HRM contributes to and then reacts to, overall strategies.
Development of plans for action
There are five HR strategies for meeting your organization's needs in the future:
Restructuring strategies
Training and development strategies
Recruitment strategies
Outsourcing strategies
Collaboration strategies