HRM Strategies..Group four

Jun 14, 20130 likes598 views

The document discusses human resource strategies and their development and implementation. It outlines two key elements of HR strategies as strategic objectives and plans of action. It also describes different approaches to developing strategies, including considering vertical and horizontal fits. The document emphasizes that most time is spent implementing strategies rather than planning them, and notes that HR policies provide guidelines for treating people while change management is also discussed at a high level.

Business

GROUP
FOUR
PAM
ELA,NAA
ADJELEY, NELLY, EDW
INA,AFUA,ISHM
AEL

HUMAN RESOURCE STRATEGIES
2 KEY ELEMENTS
STRATEGIC OBJECTIVES
PLAN OF ACTIONS
TWO BASIC TYPES OF STRATEGIES
General Strategies : GCB (high performance management)
Specific Strategies : Barclays Learning Management System
(L.M.S.)
Different Approaches have Been Formulated in Developing HR Strategies:
Becker and Huselid (1998): Five Fundamental Questions
Tyson and Witcher (1994): Different approach reflect different ways to
manage change
DEVELOPING & IMPLEMENTING HR STRATEGIES

DEVELOPING STRATEGIES
Vertical Fit
Maersk Line has a strategy of Resourcing. This strategy is in Sync
with the other business units strategy of recruiting and retaining
employees. It also include using sophisticated selection
procedures.
HORIZONTAL FIT OR INTEGRATION
(BUNDLING)
H.R. Devt. Strategy (Bundle Strategy developed by GFZB)
•Resourcing: attract/poach/retain people
•Learning and Devt of employees

SETTING OUT THE STRATEGY
 Basic consideration
 Content
 Rationale
 Implementation plan
 CBA
IMPLEMENTING HR STRATEGIES
80% of time spent on strategic management
20% spent on planning their implementation

HRM POLICIES
These are guidelines on how people should be treated

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HRM Strategies..Group four

1. GROUP FOUR PAM ELA,NAA ADJELEY, NELLY, EDW INA,AFUA,ISHM AEL

2. HUMAN RESOURCE STRATEGIES 2 KEY ELEMENTS STRATEGIC OBJECTIVES PLAN OF ACTIONS TWO BASIC TYPES OF STRATEGIES General Strategies : GCB (high performance management) Specific Strategies : Barclays Learning Management System (L.M.S.) Different Approaches have Been Formulated in Developing HR Strategies: Becker and Huselid (1998): Five Fundamental Questions Tyson and Witcher (1994): Different approach reflect different ways to manage change DEVELOPING & IMPLEMENTING HR STRATEGIES

3. DEVELOPING STRATEGIES Vertical Fit Maersk Line has a strategy of Resourcing. This strategy is in Sync with the other business units strategy of recruiting and retaining employees. It also include using sophisticated selection procedures. HORIZONTAL FIT OR INTEGRATION (BUNDLING) H.R. Devt. Strategy (Bundle Strategy developed by GFZB) •Resourcing: attract/poach/retain people •Learning and Devt of employees

4. SETTING OUT THE STRATEGY  Basic consideration  Content  Rationale  Implementation plan  CBA IMPLEMENTING HR STRATEGIES 80% of time spent on strategic management 20% spent on planning their implementation

5. HRM POLICIES These are guidelines on how people should be treated

6. CHANGE MANAGEMENT

7. CHANGE MANAGEMENT

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