HR Policies and Strategies

  • View
    220

  • Download
    0

Embed Size (px)

Text of HR Policies and Strategies

  • 7/29/2019 HR Policies and Strategies

    1/17

    HR Policies and ProgrammeTypes of HR PoliciesFeatures of sound HR Policy

    Coverage of HR PolicyFormulation of HR PolicyRoles of an HR Manager in Policy FormulationWhat is a Strategy?Why SHRM?

    HRM and Competitive AdvantageSHRM processSHRM Model

  • 7/29/2019 HR Policies and Strategies

    2/17

    HR POLICIES AND PROGRAMMES Policies are general statements that guide

    thinking and action in decision-making Policies are implemented by procedures A procedure is a well thought out course of

    action A programme is comprehensive plan covering a

    large territory Programmes help in translating procedures into

    concrete action Prorgrammes are complex sets of goals,

    procedures, rules, steps to be taken, resources tobe employed and other elements necessary tocarry out a given course of action

  • 7/29/2019 HR Policies and Strategies

    3/17

    TYPES OF HR POLICES Originated policies

    Appealed policies

    Imposed policies

    General policies

    Specific policies

    Written or implied policies

  • 7/29/2019 HR Policies and Strategies

    4/17

    CHARACTERISTICS OF A SOUND HR

    POLICY Related to objectives

    Easy to understand

    Precise Stable as well as flexible

    Based on facts

    Appropriate number Just, fair and equitable

    Reasonable

    Review

  • 7/29/2019 HR Policies and Strategies

    5/17

    COVERAGE OF PERSONNEL

    POLICIES

    Social responsibility

    Employment policies

    Promotion polices

    Development policies

    Relations polices

  • 7/29/2019 HR Policies and Strategies

    6/17

    FORMULATION OF PERSONNEL

    POLICIES

    Policy formulation and implementation

    involves the following steps: Identifying the need

    Collecting data

    Specifying alternatives Communicating the policy

    Evaluating the policy

  • 7/29/2019 HR Policies and Strategies

    7/17

    ROLE S OF AN HR MANAGER IN

    FORMULATION OF HR POLICIESPERSONAL

    ROLE

    WELFARE ROLE CLERICAL

    ROLE

    LEGAL ROLE

    A advisory role A organizational A time keeping A grievancehandling

    B planning role B managingservices

    B salary admn. B disputesredressal

    C Trg. & Dev.role

    C groupdynamics

    C HR records C discipline

    D appraisal role D WPIM

  • 7/29/2019 HR Policies and Strategies

    8/17

    WHAT IS A STRATEGY? Strategy is a long-term plan A critical factor that affects Firm Performance A factor that contributes to Competitive

    Advantage in markets Having a long-term focus Plans that involve the top executives and/or

    board of directors of the firm A general framework that provides a

    perspective for selecting specific policies andprocedures

  • 7/29/2019 HR Policies and Strategies

    9/17

    WHAT IS SHRM? Strategic human resource management meansformulating and executing HR systems, HRpolicies and activities that produce the

    employee competencies and behaviours thecompany needs to achieve its strategic aims

    SHRM is the pattern of planned humanresource developments and activities intendedto enable an organization to achieve its goals

    SHRM tries to integrate all HR programmesand policies with the overall corporate strategy

  • 7/29/2019 HR Policies and Strategies

    10/17

    WHY SHRM? People can make or break an organization Product/Service is delivered by people.

    Low quality HR leads to low qualitycustomer service.

    In the 21st century effective knowledgemanagement translates into competitive

    advantage and profits. Knowledge comes from a firms people.

  • 7/29/2019 HR Policies and Strategies

    11/17

    SHRM Critical CompetenciesHRs success as true strategic business partner

    dependent on five specific competencies: Strategic contribution - development of strategy

    Business knowledge - understanding nuts and

    bolts of organization Personal credibility - measurable value

    demonstrated in programs and policies

    HR delivery - serving internal customers

    through effective and efficient programs HR technology - using technology to improve

    organizations management of people

  • 7/29/2019 HR Policies and Strategies

    12/17

    HRM AND COMPETITIVE

    ADVANTAGE

    Competitive advantage refers to the ability

    of an organization to formulate strategies toexploit rewarding opportunities, therebymaximize its ROI

    In order to enjoy competitive advantage, thefirm should be a cost-leader, deliveringvalue for money and it must have acommitted and competent workforce

  • 7/29/2019 HR Policies and Strategies

    13/17

  • 7/29/2019 HR Policies and Strategies

    14/17

    Strategies in multiple business

    unitsCorporateStrategy

    B usiness1Strategy

    Business2Strategy

    Business 3Strategy

    FunctionalStrategy

    FunctionalStrategy

    FunctionalStrategy

  • 7/29/2019 HR Policies and Strategies

    15/17

    THE STRATEGIC MANAGEMENT

    PROCESS

    Define theBusiness,DevelopMission

    Statements

    EstablishStrategic

    Goals

    Generate,Evaluate,

    And SelectStrategies

    ImplementStrategiesManagemen

    t and HRissues

    MeasureAnd

    EvaluatePerformance

    PerformExternalAudit

    PerformInternalAudit

  • 7/29/2019 HR Policies and Strategies

    16/17

    Model of Strategic HRM

    CorporateStrategy

    EXTERNALENVIORNMENTCompetitionGovt. PolicyTechnologyMarket Trends

    BusinessStrategy

    INTERNAL

    ENVIRONMENTCultureStructurePoliciesSkillsPast Strategy

    PlansregulatingEmployme

    nt

    HR STRATEGYHR planningJob DesignWork system

    HRIS

    Procurement

    DevelopmentPerform

    ancemanage

    mentCompensationLabourrelations

    OUTCOMESIncreased

    PerformanceCustomer

    SatisfactionEmployeeSatisfactionEnhanced

    ShareHolder value

  • 7/29/2019 HR Policies and Strategies

    17/17

    THANK YOU