1. ROLE OF HR IN STRATEGIC
FORMULATION
PRESENTED BY
BLESSY MARIA JOSEPH&
RENU ROSE SEBASTIAN
S4 MBA
MACFAST
2. STRATEGY
It deals with providing direction, coordinating
and providing a decisional framework and
allocation of resources
It is all about integrating organizational
activity and utilizing and allocating the
scarce resources within the organizational
environment so as to meet the present
objectives
3. STRATEGIC PLANNING
1. DEVELOPMENT OF ORGANIZATIONAL
PHILOSOPHY AND MISSION STATEMENT
2.ENVIRONMENT SCANNING
3. SWOT ANALYSIS
4. FORMULATION OF STRATEGIC
OBJECTIVES
5.GENERATION OF ALTERNATIVES FOR
ACHIEVING OBJECTIVES
6.EVALUATION AND SELECTION OF
STRATEGIES
4. STRATEGIC HR
It defines the employee as an asset on
which the success of any organization
depends. According to CHARLES R
GREER, “ strategic human resource
management as the effective application of
the organization’s human resource to
accomplish the organization’s overall
strategy”.
In short strategic HRM provides a
framework to achieve a long term goal.
5. NEED FOR STRATEGIC HR
Enhancement of organization’s economic
performance
To survive in the market especially to handle
the critical aspects
To utilize the human resource in the most
effective and optimum manner
To adapt to various changes in the HR
policies and practices in accordance with the
government legislations.
6. To assist the organization in its career and
succession planning
To ensure stability of the organization with
contented work force and appreciation from
the stakeholders and the public.
Thus in strategic HR it focuses
on performance, improvement and
competitive advantage.
7. IMPORTANCE OF HR TO STRATEGIC
FORMULATION
PROVIDES COMPETITIVE ADVANTAGE
CONTROLLING LABOR COST
EFFECTIVE UTILIZATION OF
RESOURCES
8. HR CONTRIBUTIONS TO STRATEGY
PERFORMANCE
APPRAISAL,STAFFING,TRAINING AND
DEVELOPMENT
ENVIRONMENTAL SCANNING AND
COMPETITIVE INTELLIGENCE
IMPLEMENTATION OF RESOURCE
ALLOCATION
