SlideShare a Scribd company logo
1 of 22
Strategic HRM
   INTRODUCTION
Strategic HRM
 Good HRM = Good
 Financial Results

                     HR




                          Financial Results

                                         2
The Topics
 What is Strategic HRM?
 What are the forces creating a need for
 Strategic HRM?
 How can Strategic HRM use data and
 metrics to design and evaluate its
 processes?


                                           3
Strategic HRM is Vital
 Because an organization must have people
 who are involved in the development of the
 business strategy, understand it, are
 committed to it, and can make a
 contribution to its success




                                              4
What is Strategic HRM?

    It is how an organization uses its
   people to help form and execute its
             business strategy
Steps in the Strategic HRM
Process
 New Business            HR Must be a Key
 Strategy                Player in this
 SWOT Analysis           Process.
 Assess HR Capacity      Design New
                         Organization
 Develop Core
 Competencies            Assess new core
                         competencies
 Test and Evaluate
                         Recruit
 Initiate HR Practices
                                            6
Standardization Processes

 ISO – Int’l Standards      HR Implications:
 Organization
                             Organizational
 HACCP - Hazard
 Analysis and Critical       Structure
 Control Points              Recruitment/Selection
 CE Mark – conformance       Training and
 certification for EEZone
 marketing                   Development
 GMP – Good                  Performance
 Manufacturing Practice      Evaluation
                             Reward
                                                     7
What is ISO? (International Organization for
Standards)


  Assure Product         Changes:
  Consistency              Management
  Develop Quality          Responsibility
  System                   Attention to Detail
  Do Gap Analysis          Get it Right the First
  Quality Manual           Time
  Process Control          Decrease Inspection
  Documentation            and Testing

                                                    8
What are the HRM Changes?
 Cultural
 Organizational
 Recruitment and Selection
 Training and Development
 Performance Management
 Reward System

                             9
What is a CE Mark (“Conformite Europene”)
EU Requirements for     Required Changes
  Product Safety          Tight Internal Control
Steps:                    of Production
  Disclosure              Production Quality
  Minimize Variations     Assurance
  Compatibility           Product Quality
  Quality Performance     Assurance
                          Loss Prevention

                                               10
What are the HRM
Implications?
 Organizational    New Commitment to
 Recruitment and   Invest in People
 Selection
 Training and
 Development
 Performance
 Management
 Reward System

                                       11
What is HACCP?             (Hazard Analysis And Critical
Control Points)


Produce Safe Food        Resulting Changes:
Steps:                     Prevention vs. Testing
  Describe Product         Documentation
  Critical Points/Flow     Get Right First Time
  Critical Limits and      Less Recalls/Customer
  Risks                    Satisfaction
  Monitoring               Higher Productivity
  Correct/Verify
                                                           12
What are the HRM
Implications?
 How would jobs change?
 New commitment to people issues
 How would you measure?




                                   13
Case Example - Export/WTO
 Enhance Productivity -   What are HRM
 Machines, Production     Implications?
 Management, Lower
 Costs.




                                          14
Case Example - New Strategies

 Production               What are the HRM
 Management               Challenges?
 Flexibility - Quick to
 change/Quick to
 market
 E-Commerce?
 Industrial Integration


                                             15
Global Competitiveness
HRM Challenges:     HRM Challenges
 Convert to Teams    New Job Design
 Delegation          New Accounting/MIS
 Empowerment         New Performance
 New Selection       Evaluation and
 New Training        Accountabilities
                     New “Authorities”
 New Rewards
                     All Must Be Linked
                                      16
New Strategies - Strategic
Partner
 Contract Packing     Information
 No more “A to Z”     Technology
 Joint Ventures for    E-commerce
 New Products         New Niche Marketing
 Mergers              Industrial Integration
 Venture Capital
 Public Ownership
 Licensing
                                           17
What are the HRM issues?
 New Organization       How would you
 New Culture            manage this change?
 Competencies
 Dispute Resolution
 Selection
 Training/Development
 Career Paths
 Rewards
                                              18
What About Measurement?

 We have designed and pursued a new
 business strategy.
 We have instituted new HRM changes and
 interventions
 How and why do we use data and metrics to
 both design and evaluate such HR
 practices?

                                         19
Protocols for Measurement -
The Balanced Score Card


   Financial   Customers



   Employees   Business Development


                                 20
Points for Measurement
 Convert “soft” to     Apply Balanced
 hard                  Scorecard
 Establish Baselines   Connect to business
 Make causal           strategy
 connection




                                             21
Factors Affecting HRM?
 Legal Environment
 Demand, Supply, Education of Human
 Resources
 Economic Conditions of Area




                                      22

More Related Content

What's hot

Shrm perspective
Shrm perspectiveShrm perspective
Shrm perspectiveQC Labs
 
Definition of shrm ( Strategic Human Resource Management)
Definition of shrm ( Strategic Human Resource Management)Definition of shrm ( Strategic Human Resource Management)
Definition of shrm ( Strategic Human Resource Management)kush kalra
 
Hr & Organizational Strategies
Hr & Organizational StrategiesHr & Organizational Strategies
Hr & Organizational StrategiesNISHA SHAH
 
Ch2 Human Resource Policies and Strategies
Ch2 Human Resource Policies and StrategiesCh2 Human Resource Policies and Strategies
Ch2 Human Resource Policies and StrategiesKomal Sahi
 
Strategic Human Resource Management By Farhad Idrees
Strategic Human Resource Management By Farhad IdreesStrategic Human Resource Management By Farhad Idrees
Strategic Human Resource Management By Farhad IdreesFarhad Idrees MCEP MCE MCD
 
Approaches to strategic hrm - strategic human resource management - Manu Me...
Approaches to strategic hrm -  strategic human resource management -  Manu Me...Approaches to strategic hrm -  strategic human resource management -  Manu Me...
Approaches to strategic hrm - strategic human resource management - Manu Me...manumelwin
 
Strategic human resource management and strategic management process
Strategic human resource management and strategic management processStrategic human resource management and strategic management process
Strategic human resource management and strategic management processVARUN SHARMA
 
Role of hr in strategic formulation
Role of hr in strategic formulationRole of hr in strategic formulation
Role of hr in strategic formulationBlessy Maria Joseph
 
Competitive advantage through Human Resource
Competitive advantage through Human ResourceCompetitive advantage through Human Resource
Competitive advantage through Human ResourceMaged Elsakka
 
Strategic human resource management – a case study
Strategic human resource management – a case studyStrategic human resource management – a case study
Strategic human resource management – a case studyMOHAMED HUDAIF T
 
NATURE OF STRATEGIC MANAGEMENT
NATURE OF STRATEGIC MANAGEMENTNATURE OF STRATEGIC MANAGEMENT
NATURE OF STRATEGIC MANAGEMENTMAITRIPATEL92
 
Strategic Human Resource Management Lecture 2
Strategic Human Resource Management Lecture 2Strategic Human Resource Management Lecture 2
Strategic Human Resource Management Lecture 2RECONNECT
 
Strategic Human Resource Management
Strategic Human Resource ManagementStrategic Human Resource Management
Strategic Human Resource ManagementAnubha Rastogi
 

What's hot (20)

Intro shrm 1
Intro shrm 1Intro shrm 1
Intro shrm 1
 
Strategic HRM
Strategic HRMStrategic HRM
Strategic HRM
 
Shrm perspective
Shrm perspectiveShrm perspective
Shrm perspective
 
SHRM
SHRMSHRM
SHRM
 
Strategic HRM
Strategic HRMStrategic HRM
Strategic HRM
 
Definition of shrm ( Strategic Human Resource Management)
Definition of shrm ( Strategic Human Resource Management)Definition of shrm ( Strategic Human Resource Management)
Definition of shrm ( Strategic Human Resource Management)
 
Hr & Organizational Strategies
Hr & Organizational StrategiesHr & Organizational Strategies
Hr & Organizational Strategies
 
Ch2 Human Resource Policies and Strategies
Ch2 Human Resource Policies and StrategiesCh2 Human Resource Policies and Strategies
Ch2 Human Resource Policies and Strategies
 
Strategic Human Resource Management By Farhad Idrees
Strategic Human Resource Management By Farhad IdreesStrategic Human Resource Management By Farhad Idrees
Strategic Human Resource Management By Farhad Idrees
 
Approaches to strategic hrm - strategic human resource management - Manu Me...
Approaches to strategic hrm -  strategic human resource management -  Manu Me...Approaches to strategic hrm -  strategic human resource management -  Manu Me...
Approaches to strategic hrm - strategic human resource management - Manu Me...
 
Strategic human resource management and strategic management process
Strategic human resource management and strategic management processStrategic human resource management and strategic management process
Strategic human resource management and strategic management process
 
Strategic HRM
Strategic HRMStrategic HRM
Strategic HRM
 
Strategic Human Resource Management
Strategic Human Resource ManagementStrategic Human Resource Management
Strategic Human Resource Management
 
Role of hr in strategic formulation
Role of hr in strategic formulationRole of hr in strategic formulation
Role of hr in strategic formulation
 
Strategic HRM
Strategic HRMStrategic HRM
Strategic HRM
 
Competitive advantage through Human Resource
Competitive advantage through Human ResourceCompetitive advantage through Human Resource
Competitive advantage through Human Resource
 
Strategic human resource management – a case study
Strategic human resource management – a case studyStrategic human resource management – a case study
Strategic human resource management – a case study
 
NATURE OF STRATEGIC MANAGEMENT
NATURE OF STRATEGIC MANAGEMENTNATURE OF STRATEGIC MANAGEMENT
NATURE OF STRATEGIC MANAGEMENT
 
Strategic Human Resource Management Lecture 2
Strategic Human Resource Management Lecture 2Strategic Human Resource Management Lecture 2
Strategic Human Resource Management Lecture 2
 
Strategic Human Resource Management
Strategic Human Resource ManagementStrategic Human Resource Management
Strategic Human Resource Management
 

Viewers also liked

Human resorce management ppt
Human resorce management pptHuman resorce management ppt
Human resorce management pptmeenakshiduhan23
 
Models of HRM - human resource management - Manu Melwin Joy
Models of HRM -   human resource management - Manu Melwin JoyModels of HRM -   human resource management - Manu Melwin Joy
Models of HRM - human resource management - Manu Melwin Joymanumelwin
 
Strategic Human Resource Management
Strategic Human Resource ManagementStrategic Human Resource Management
Strategic Human Resource ManagementMariaVyalkova
 
Strategic HR Management
Strategic HR ManagementStrategic HR Management
Strategic HR ManagementCreativeHRM
 

Viewers also liked (7)

Lecture 1 & 2 Strategic Hrm 2006
Lecture 1 & 2   Strategic Hrm 2006Lecture 1 & 2   Strategic Hrm 2006
Lecture 1 & 2 Strategic Hrm 2006
 
Hrm models
Hrm modelsHrm models
Hrm models
 
Human resorce management ppt
Human resorce management pptHuman resorce management ppt
Human resorce management ppt
 
Models of HRM - human resource management - Manu Melwin Joy
Models of HRM -   human resource management - Manu Melwin JoyModels of HRM -   human resource management - Manu Melwin Joy
Models of HRM - human resource management - Manu Melwin Joy
 
Models of hrm
Models of hrmModels of hrm
Models of hrm
 
Strategic Human Resource Management
Strategic Human Resource ManagementStrategic Human Resource Management
Strategic Human Resource Management
 
Strategic HR Management
Strategic HR ManagementStrategic HR Management
Strategic HR Management
 

Similar to ... Strategic hrm

Defining Value And Measuring Hr
Defining Value And Measuring HrDefining Value And Measuring Hr
Defining Value And Measuring Hrsonyacurley
 
"Views on 2030" by Dr. Robin Mann
"Views on 2030" by Dr. Robin Mann"Views on 2030" by Dr. Robin Mann
"Views on 2030" by Dr. Robin MannDubai Quality Group
 
Balanced scorecard
Balanced scorecardBalanced scorecard
Balanced scorecardZaini Ithnin
 
Balanced Scorecards For The Busy Business Person
Balanced  Scorecards For The  Busy  Business  PersonBalanced  Scorecards For The  Busy  Business  Person
Balanced Scorecards For The Busy Business PersonThe Executive Suite
 
HR Measurement HR Dir VaLUENTiS-Scheringpres 260404
HR Measurement HR Dir VaLUENTiS-Scheringpres 260404HR Measurement HR Dir VaLUENTiS-Scheringpres 260404
HR Measurement HR Dir VaLUENTiS-Scheringpres 260404njhceo01
 
Business analysis outsourcing (boa)
Business analysis outsourcing (boa)Business analysis outsourcing (boa)
Business analysis outsourcing (boa)SGI Consultants
 
The Use Of HR Performance Management Measurement in Strategic Business Planning
The Use Of HR Performance Management Measurement in Strategic Business PlanningThe Use Of HR Performance Management Measurement in Strategic Business Planning
The Use Of HR Performance Management Measurement in Strategic Business PlanningKenny Ong
 
Leadership Strategies for High Performance Contact Centres
Leadership Strategies for High Performance Contact CentresLeadership Strategies for High Performance Contact Centres
Leadership Strategies for High Performance Contact CentresTina Arora
 
Bridge Knowle "YEAR END PERFORMANCE APPRAISAL" Workshop
Bridge Knowle "YEAR END PERFORMANCE APPRAISAL" WorkshopBridge Knowle "YEAR END PERFORMANCE APPRAISAL" Workshop
Bridge Knowle "YEAR END PERFORMANCE APPRAISAL" WorkshopKenny Ong
 
Performance improvement consultancy
Performance improvement consultancyPerformance improvement consultancy
Performance improvement consultancyHj Arriffin Mansor
 
The Traits of BPM: Six Fundamentals Necessary for Successful Process Improvem...
The Traits of BPM: Six Fundamentals Necessary for Successful Process Improvem...The Traits of BPM: Six Fundamentals Necessary for Successful Process Improvem...
The Traits of BPM: Six Fundamentals Necessary for Successful Process Improvem...Prolifics
 
The Circle Of Simplicity
The Circle Of Simplicity       The Circle Of Simplicity
The Circle Of Simplicity UPES Dehradun
 
Business Development & Renewal Process
Business Development & Renewal ProcessBusiness Development & Renewal Process
Business Development & Renewal ProcessElijah Ezendu
 
Marketing Brochure
Marketing BrochureMarketing Brochure
Marketing Brochurescwilsonct2
 
HR Metrics - BLR Webinar - Rick Buchman - 4-7-2015
HR Metrics -  BLR Webinar - Rick Buchman - 4-7-2015HR Metrics -  BLR Webinar - Rick Buchman - 4-7-2015
HR Metrics - BLR Webinar - Rick Buchman - 4-7-2015Frederick 'Rick' Buchman
 

Similar to ... Strategic hrm (20)

Defining Value And Measuring Hr
Defining Value And Measuring HrDefining Value And Measuring Hr
Defining Value And Measuring Hr
 
"Views on 2030" by Dr. Robin Mann
"Views on 2030" by Dr. Robin Mann"Views on 2030" by Dr. Robin Mann
"Views on 2030" by Dr. Robin Mann
 
Balanced scorecard
Balanced scorecardBalanced scorecard
Balanced scorecard
 
Balanced Scorecards For The Busy Business Person
Balanced  Scorecards For The  Busy  Business  PersonBalanced  Scorecards For The  Busy  Business  Person
Balanced Scorecards For The Busy Business Person
 
HR Measurement HR Dir VaLUENTiS-Scheringpres 260404
HR Measurement HR Dir VaLUENTiS-Scheringpres 260404HR Measurement HR Dir VaLUENTiS-Scheringpres 260404
HR Measurement HR Dir VaLUENTiS-Scheringpres 260404
 
Business analysis outsourcing (boa)
Business analysis outsourcing (boa)Business analysis outsourcing (boa)
Business analysis outsourcing (boa)
 
The Use Of HR Performance Management Measurement in Strategic Business Planning
The Use Of HR Performance Management Measurement in Strategic Business PlanningThe Use Of HR Performance Management Measurement in Strategic Business Planning
The Use Of HR Performance Management Measurement in Strategic Business Planning
 
8 a bsc
8 a bsc8 a bsc
8 a bsc
 
Leadership Strategies for High Performance Contact Centres
Leadership Strategies for High Performance Contact CentresLeadership Strategies for High Performance Contact Centres
Leadership Strategies for High Performance Contact Centres
 
LYFT
LYFTLYFT
LYFT
 
Bridge Knowle "YEAR END PERFORMANCE APPRAISAL" Workshop
Bridge Knowle "YEAR END PERFORMANCE APPRAISAL" WorkshopBridge Knowle "YEAR END PERFORMANCE APPRAISAL" Workshop
Bridge Knowle "YEAR END PERFORMANCE APPRAISAL" Workshop
 
Performance improvement consultancy
Performance improvement consultancyPerformance improvement consultancy
Performance improvement consultancy
 
Nividh Hcm BI
Nividh Hcm BINividh Hcm BI
Nividh Hcm BI
 
The Traits of BPM: Six Fundamentals Necessary for Successful Process Improvem...
The Traits of BPM: Six Fundamentals Necessary for Successful Process Improvem...The Traits of BPM: Six Fundamentals Necessary for Successful Process Improvem...
The Traits of BPM: Six Fundamentals Necessary for Successful Process Improvem...
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
The Circle Of Simplicity
The Circle Of Simplicity       The Circle Of Simplicity
The Circle Of Simplicity
 
Ch13 mba
Ch13 mbaCh13 mba
Ch13 mba
 
Business Development & Renewal Process
Business Development & Renewal ProcessBusiness Development & Renewal Process
Business Development & Renewal Process
 
Marketing Brochure
Marketing BrochureMarketing Brochure
Marketing Brochure
 
HR Metrics - BLR Webinar - Rick Buchman - 4-7-2015
HR Metrics -  BLR Webinar - Rick Buchman - 4-7-2015HR Metrics -  BLR Webinar - Rick Buchman - 4-7-2015
HR Metrics - BLR Webinar - Rick Buchman - 4-7-2015
 

... Strategic hrm

  • 1. Strategic HRM INTRODUCTION
  • 2. Strategic HRM Good HRM = Good Financial Results HR Financial Results 2
  • 3. The Topics What is Strategic HRM? What are the forces creating a need for Strategic HRM? How can Strategic HRM use data and metrics to design and evaluate its processes? 3
  • 4. Strategic HRM is Vital Because an organization must have people who are involved in the development of the business strategy, understand it, are committed to it, and can make a contribution to its success 4
  • 5. What is Strategic HRM? It is how an organization uses its people to help form and execute its business strategy
  • 6. Steps in the Strategic HRM Process New Business HR Must be a Key Strategy Player in this SWOT Analysis Process. Assess HR Capacity Design New Organization Develop Core Competencies Assess new core competencies Test and Evaluate Recruit Initiate HR Practices 6
  • 7. Standardization Processes ISO – Int’l Standards HR Implications: Organization Organizational HACCP - Hazard Analysis and Critical Structure Control Points Recruitment/Selection CE Mark – conformance Training and certification for EEZone marketing Development GMP – Good Performance Manufacturing Practice Evaluation Reward 7
  • 8. What is ISO? (International Organization for Standards) Assure Product Changes: Consistency Management Develop Quality Responsibility System Attention to Detail Do Gap Analysis Get it Right the First Quality Manual Time Process Control Decrease Inspection Documentation and Testing 8
  • 9. What are the HRM Changes? Cultural Organizational Recruitment and Selection Training and Development Performance Management Reward System 9
  • 10. What is a CE Mark (“Conformite Europene”) EU Requirements for Required Changes Product Safety Tight Internal Control Steps: of Production Disclosure Production Quality Minimize Variations Assurance Compatibility Product Quality Quality Performance Assurance Loss Prevention 10
  • 11. What are the HRM Implications? Organizational New Commitment to Recruitment and Invest in People Selection Training and Development Performance Management Reward System 11
  • 12. What is HACCP? (Hazard Analysis And Critical Control Points) Produce Safe Food Resulting Changes: Steps: Prevention vs. Testing Describe Product Documentation Critical Points/Flow Get Right First Time Critical Limits and Less Recalls/Customer Risks Satisfaction Monitoring Higher Productivity Correct/Verify 12
  • 13. What are the HRM Implications? How would jobs change? New commitment to people issues How would you measure? 13
  • 14. Case Example - Export/WTO Enhance Productivity - What are HRM Machines, Production Implications? Management, Lower Costs. 14
  • 15. Case Example - New Strategies Production What are the HRM Management Challenges? Flexibility - Quick to change/Quick to market E-Commerce? Industrial Integration 15
  • 16. Global Competitiveness HRM Challenges: HRM Challenges Convert to Teams New Job Design Delegation New Accounting/MIS Empowerment New Performance New Selection Evaluation and New Training Accountabilities New “Authorities” New Rewards All Must Be Linked 16
  • 17. New Strategies - Strategic Partner Contract Packing Information No more “A to Z” Technology Joint Ventures for E-commerce New Products New Niche Marketing Mergers Industrial Integration Venture Capital Public Ownership Licensing 17
  • 18. What are the HRM issues? New Organization How would you New Culture manage this change? Competencies Dispute Resolution Selection Training/Development Career Paths Rewards 18
  • 19. What About Measurement? We have designed and pursued a new business strategy. We have instituted new HRM changes and interventions How and why do we use data and metrics to both design and evaluate such HR practices? 19
  • 20. Protocols for Measurement - The Balanced Score Card Financial Customers Employees Business Development 20
  • 21. Points for Measurement Convert “soft” to Apply Balanced hard Scorecard Establish Baselines Connect to business Make causal strategy connection 21
  • 22. Factors Affecting HRM? Legal Environment Demand, Supply, Education of Human Resources Economic Conditions of Area 22

Editor's Notes

  1. HRM Challenges : Change Culture Change Competencies Change Selection Change Training and Development Change Career Paths Change Organizational Structure Teams New Rewards Incentives
  2. Work Management Process: Better Raw Material Acquisition Improper Crewing Poor Methods and procedures Bottle Necks No materials, supplies Waiting for instructions Change over interruption Personal Time Line Balancing Overstaffing Poor Scheduling Clean Up Down Time
  3. What are the HRM Implications? International Standards Partnership Mentality Ability to Assess Operations New Ways to Measure Performance Develop More Sophisticated Marketing Strategies - Not just sales Invest in People Avoid HRM “Fads”