Linking Corporate Strategies and HR

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    Robert L. MathisRobert L. Mathis John H. JacksonJohn H. Jackson

    Linking corporate strategies and HRLinking corporate strategies and HR

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    Learning ObjectivesLearning Objectives

    human resources can be a core competencyfor organizations.

    Significance of strategic human resourcemanagement

    To know about external environment

    To know about the internal environment

    Workforce diversity

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    chartchart

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    Achieving Strategic FitAchieving Strategic Fit

    Michael Porter Emphasizes the fit point of view that all ofthe firms activities must be tailored to or fitits strategy, by ensuring that the firmsfunctional strategies support its corporateand competitive strategies.

    Gary Hamel and C. K. Prahalad Argue for stretch in leveraging resources

    supplementing what you have and doing

    more with what you havecan be moreimportant than just fitting the strategic planto current resources.

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    ModelModel

    TranslatingStrategy intoHR Policy andPractice

    Basic Model ofHow to AlignHR Strategyand Actionswith BusinessStrategy

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    Formulating HR Policies, Activities, and StrategiesFormulating HR Policies, Activities, and Strategies

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    Possible HR Areas for Core CompetenciesPossible HR Areas for Core Competencies

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    Strategy and the Basic HR ProcessStrategy and the Basic HR Process

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    Linkage of Organizational and HR StrategiesLinkage of Organizational and HR Strategies

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    Scanning the External EnvironmentScanning the External Environment

    Environmental ScanningThe process of studying the environment of

    the organization to pinpoint opportunitiesand threats.

    Environment Changes Impacting HR Political - legal (Governmental regulations)

    Economic conditions

    Impact of globalization (competitive

    concerns)

    Workforce composition

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    External forcesExternal forces

    Political- legalThe legislature

    The executive

    The judiciary Economic

    The economic growth of the country

    Suppliers

    CompetitorsCustomers

    Industrial labour

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    Impact of globalization

    Internal forces

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    External Factors Influencing the Personnel functionExternal Factors Influencing the Personnel function

    Technological changesNew skills required

    Downsizing

    Collaborative workTelecons

    Internet and intranet revolution

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    External Factors Influencing the Personnel functionExternal Factors Influencing the Personnel function

    ECONOMIC CHALLENGES POLITICAL FACTORS

    SOCIAL FACTORS

    LOCAL GOVERNMENT POLICIES UNIONS

    EMPLOYERS DEMANDS

    WORKFORCE DIVERTY

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    Internal factorsInternal factors

    Mission Policies

    Organization culture

    Organization structure HR systems

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    Work force diversityWork force diversity

    CompositionInexperienced

    Impulsive

    Selfish/manipulative

    Difficult to changeGo by book rule

    Workaholic

    inflexible

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    Other diversity characteristics in IndiaOther diversity characteristics in India

    Castes

    Sons of the soil

    Physically disabled

    Priority for ex-service men

    Gender issues Contract labor

    Child labor

    Other minority groups

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    HR mangers role in addressing theseissues

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    Designing appropriate HR systemsDesigning appropriate HR systems

    Nature of employment Recruitment

    Selection

    Training and development

    Job security

    Employee welfare

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    Designing appropriate HR systemsDesigning appropriate HR systems

    Nature of employment Recruitment

    Selection

    Training and development

    Job security

    Employee welfare

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    HR is a key lever in addressing these challenges!

    The new competitive globalThe new competitive globalenvironmentenvironment