The document discusses the fundamentals of strategic management and human resource management, emphasizing the importance of strategic intent and resource allocation. It highlights that strategic management involves formulating and implementing strategies to achieve organizational objectives, focusing on both long-term vision and practical means of realization. The document also notes the significance of managerial capability in developing and executing strategic plans.

1. Strategic management
Strategic Human Resource Management

2. Prepared By
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Manu Melwin Joy
Assistant Professor
Ilahia School of Management Studies
Kerala, India.
Phone – 9744551114
Mail – manu_melwinjoy@yahoo.com

3. Fundamentals of Strategy
• Fundamentally, strategy is
about defining intentions
(strategic intent) and
achieving strategic fit by
allocating or matching
resources to opportunities
(resource-based strategy).

4. Fundamentals of Strategy
• The effective development
and implementation of
strategy depends on the
strategic capability of the
organization, which will
include the ability not only to
formulate strategic goals but
also to develop and
implement strategic plans
through the processes of
strategic management and
strategic planning.

5. Strategic management
• The purpose of strategic
management has been
expressed by Rosabeth Moss
Kanter (1984) as being to ‘elicit
the present actions for the
future’ and become ‘action
vehicles – integrating and
institutionalizing mechanisms
for change’.

6. Strategic management
• Strategic management has
been defined by Pearce
and Robinson (1988) as
follows: ‘Strategic
management is the set of
decisions and actions
resulting in the formulation
and implementation of
strategies designed to
achieve the objectives of
an organization.’

7. Strategic management
• Strategic management means
that managers are looking
ahead at what they need to
achieve in the middle or
relatively distant future. It deals
with both ends and means. As
an end it describes a vision of
what something will look like in
a few years’ time. As a means,
it shows how it is expected that
the vision will be realized.

8. Strategic management
• Strategic management is
therefore visionary
management, concerned
with creating and
conceptualizing ideas of
where the organization
should be going. But it is also
empirical management,
which decides how in
practice it is going to get
there.