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this is powerpoint slide. it will help you to know about strategic HRM and also its definition, advantages, disadvantages and many more.. check this out

this is powerpoint slide. it will help you to know about strategic HRM and also its definition, advantages, disadvantages and many more.. check this out

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2010919174852667 2010919174852667 Presentation Transcript

  • Copyright © 2002 by Harcourt, Inc. All rights reserved.Topic 25 :Topic 25 :Strategic HRMStrategic HRMBy Zhu WenzhongBy Zhu Wenzhong
  • Copyright © 2002 by Harcourt, Inc. All rights reserved.• Define strategic HRM.Define strategic HRM.• Explain the difference between the soft and hardExplain the difference between the soft and hardside of HRMside of HRM• Explain the implications of a strategic approach toExplain the implications of a strategic approach toHRMHRM• State the advantages and disadvantages of strategicState the advantages and disadvantages of strategicHRMHRM• State the definition of a flexible workforce andState the definition of a flexible workforce andsuggest its advantages.suggest its advantages.LEARNING GOALSLEARNING GOALS
  • Copyright © 2002 by Harcourt, Inc. All rights reserved.Strategic HRMStrategic HRM can be regarded as a general approachcan be regarded as a general approachto the strategic management of human resources into the strategic management of human resources inaccordance with the intentions of the organization onaccordance with the intentions of the organization onthe future directionthe future direction it wants to take. It is concernedit wants to take. It is concernedwithwith longer-term people issues and macro-longer-term people issues and macro-concerns about structureconcerns about structure, quality, culture, values,, quality, culture, values,commitment and matching resources to future need.commitment and matching resources to future need.Strategic HRMStrategic HRM refers to the management of humanrefers to the management of humanresources as an important asset which has strategicresources as an important asset which has strategicvalue and role for the business.value and role for the business.Strategic HRM should not only focus on both the softside of HRM and the hard side of HRM, butespecially the hard side.Definition of strategic HRMDefinition of strategic HRM
  • Copyright © 2002 by Harcourt, Inc. All rights reserved.Soft side and hard side of HRMSoft side and hard side of HRMSoft side:• Motivation• Culture building• Support for employees• Employee andindividual relationsHard side:• Analyzing current needsfor employees• Predicating futuredemand• Predicating future supply• Predicating labor turnover
  • Copyright © 2002 by Harcourt, Inc. All rights reserved.Soft side and hard side of HRMSoft side and hard side of HRM• Mainly concerned with theMainly concerned with theway in which people areway in which people aremanaged,managed, such as how tosuch as how tomotivate workers, how tomotivate workers, how todevelop an organizationaldevelop an organizationalculture, how to support or trainculture, how to support or trainemployees etc.employees etc.Soft side of HRMSoft side of HRM
  • Copyright © 2002 by Harcourt, Inc. All rights reserved.Soft side and hard side of HRMSoft side and hard side of HRM• Concerned about qualifyingConcerned about qualifyingthe number and types ofthe number and types ofemployees that a businessemployees that a businessneed,deciding whether they areneed,deciding whether they areavailable and planning how toavailable and planning how toget them through predicatingget them through predicatingthe demand and supply ofthe demand and supply ofworkforce for the future.workforce for the future.Soft side of HRMSoft side of HRMHard side of HRMHard side of HRM
  • Copyright © 2002 by Harcourt, Inc. All rights reserved.The implications of strategic HRMThe implications of strategic HRMThe implications:The implications:• Integration into overall corporateIntegration into overall corporatestrategic planningstrategic planning• Developing an organizationalDeveloping an organizationalcultureculture• Motivating, training and supportMotivating, training and support• Coordination with other functionsCoordination with other functions• Developing a flexible workforceDeveloping a flexible workforce© PhotoDisc
  • Copyright © 2002 by Harcourt, Inc. All rights reserved.Advantages and disadvantages ofAdvantages and disadvantages ofStrategic HRMStrategic HRMAdvantages:• Help gain a competitiveedge• Help solve HRMproblems• Make the efficient use ofemployees and reducecosts• Help anticipate and planfor changes• Benefit long termDisadvantages:• Difficulty in predicating thepeople behavior• Problems with predicatingexternal events affecting HRplanning• Needing constantlymonitoring• Leading to industrial relationproblems
  • Copyright © 2002 by Harcourt, Inc. All rights reserved.The flexible workforceThe flexible workforceDefinition:Definition:• A workforce that can respondA workforce that can respondquickly in quantity and type toquickly in quantity and type tochanges in demand a business maychanges in demand a business mayface.face.© PhotoDisc
  • Copyright © 2002 by Harcourt, Inc. All rights reserved.The flexible workforceThe flexible workforce• The organization of a flexibleThe organization of a flexibleworkforceworkforce© PhotoDiscCore workersPeriphery Workers
  • Copyright © 2002 by Harcourt, Inc. All rights reserved.The flexible workforceThe flexible workforce• Full-time employees whoFull-time employees whohave specific skills andhave specific skills andjob securityjob securityCore workersCore workers
  • Copyright © 2002 by Harcourt, Inc. All rights reserved.The flexible workforceThe flexible workforce• Part-time or temporaryPart-time or temporaryworkers who availableworkers who availablewhenever neededwhenever neededCore workersCore workersPeriphery workersPeriphery workers
  • Copyright © 2002 by Harcourt, Inc. All rights reserved.The flexible workforceThe flexible workforceExamples of flexible workforcepractices:• Part-timePart-time• TemporaryTemporary• Bank timeBank time• Job sharingJob sharing© PhotoDisc
  • Copyright © 2002 by Harcourt, Inc. All rights reserved.The flexible workforceThe flexible workforceMajor advantages of a flexibleMajor advantages of a flexibleworkforceworkforce::• Employee benefiting from flexibleEmployee benefiting from flexibleworking hoursworking hours• More employee opportunities of trainingMore employee opportunities of trainingand being multi-skilledand being multi-skilled• Reducing business costs and increasingReducing business costs and increasingproductivityproductivity• Reacting quickly to changes in theReacting quickly to changes in theworkforceworkforce© PhotoDisc